Zoom Communications (ZM) Operating Expenses (2018 - 2026)

Zoom Communications (ZM) has 9 years of Operating Expenses data on file, last reported at $701.4 million in Q1 2026.

• On a quarterly basis, Operating Expenses rose 4.42% year-over-year to $701.4 million in Q1 2026; TTM through Jan 2026 was $2.6 billion, a 3.54% decrease from a year earlier, with the FY2026 full-year figure at $2.6 billion, down 3.54% from the prior year.
• Operating Expenses for Q1 2026 stood at $701.4 million, up from $647.7 million in the prior quarter.
• Over the last five years, Operating Expenses for ZM reached as high as $953.3 million in Q1 2023 and fell as low as $562.2 million in Q1 2022.
• Historically, Operating Expenses has averaged $698.9 million across 5 years, with a median of $694.5 million in 2023.
• Across the five-year window, Operating Expenses jumped 69.57% in 2023 and retreated 26.4% in 2024, its largest moves.
• Year by year, Operating Expenses stood at $764.7 million in 2022, then decreased by 8.94% to $696.4 million in 2023, then climbed by 2.08% to $710.8 million in 2024, then fell by 8.89% to $647.7 million in 2025, then gained by 8.3% to $701.4 million in 2026.
• Per Business Quant data, the three most recent Operating Expenses figures were $701.4 million in Q1 2026, $647.7 million in Q4 2025, and $622.3 million in Q3 2025.