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.

• Operating Expenses for Q1 2026 came in at $701.4 million, up 4.42% year-over-year; the trailing twelve-month figure through Jan 2026 was $2.6 billion (down 3.54% YoY), and the FY2026 annual result was $2.6 billion, down 3.54% from the prior year.
• Operating Expenses improved to $701.4 million in Q1 2026 per ZM's latest filing, from $647.7 million in the prior quarter.
• Over five years, Operating Expenses peaked at $953.3 million in Q1 2023 and troughed at $562.2 million in Q1 2022.
• A 5-year average of $698.9 million and a median of $694.5 million in 2023 frame the typical range for Operating Expenses.
• The sharpest annual moves came in 2023 and 2024: Operating Expenses soared 69.57% in 2023, then slipped 26.4% in 2024.
• A 5-year view of Operating Expenses shows it stood at $764.7 million in 2022, then declined by 8.94% to $696.4 million in 2023, then rose by 2.08% to $710.8 million in 2024, then slipped by 8.89% to $647.7 million in 2025, then grew by 8.3% to $701.4 million in 2026.
• Business Quant data shows ZM's Operating Expenses at $701.4 million in Q1 2026, $647.7 million in Q4 2025, and $622.3 million in Q3 2025.