Zoom Communications (ZM) Operating Leases (2019 - 2026)
Zoom Communications (ZM) reported Operating Leases of $30.7 million for Q1 2026, down 17.9% year-over-year from $37.4 million in Q1 2025, and up 9.4% on a QoQ basis from $28.1 million in Q4 2025.
Zoom Communications (ZM) has 8 years of Operating Leases data on file, last reported at $30.7 million in Q1 2026.
- Quarterly Operating Leases fell 17.9% year-over-year to $30.7 million in Q1 2026, while the trailing twelve-month figure through Jan 2026 was $30.7 million (down 17.9% YoY) and the FY2026 annual result came in at $30.7 million, down 17.9% from the prior year.
- Operating Leases climbed to $30.7 million in Q1 2026 per ZM's latest filing, from $28.1 million in the prior quarter.
- Across five years, Operating Leases topped out at $105.7 million in Q1 2022 and bottomed at $28.1 million in Q4 2025.
- The 5-year median for Operating Leases is $48.3 million (2024), against an average of $55.8 million.
- The widest annual swing landed in 2022, when Operating Leases slipped 0.28%; it then tumbled 49.93% in 2024.
- Tracing ZM's Operating Leases over 5 years: stood at $78.1 million in 2022, then declined by 29.08% to $55.4 million in 2023, then plunged by 32.16% to $37.6 million in 2024, then decreased by 25.32% to $28.1 million in 2025, then increased by 9.4% to $30.7 million in 2026.
- Per Business Quant, the three latest ZM Operating Leases figures stand at $30.7 million (Q1 2026), $28.1 million (Q4 2025), and $32.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn |
| 10 | Zoom Communications | 31.75 Bn | 23.93 Bn | 951.29 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 30.71 Mn |
| Oct 31, 2025 | 28.07 Mn |
| Jul 31, 2025 | 32.02 Mn |
| Apr 30, 2025 | 35.89 Mn |
| Jan 31, 2025 | 37.41 Mn |
| Oct 31, 2024 | 37.59 Mn |
| Jul 31, 2024 | 36.05 Mn |
| Apr 30, 2024 | 40.28 Mn |
| Jan 31, 2024 | 48.31 Mn |
| Oct 31, 2023 | 55.41 Mn |
| Jul 31, 2023 | 62.18 Mn |
| Apr 30, 2023 | 68.47 Mn |
| Jan 31, 2023 | 96.48 Mn |
| Oct 31, 2022 | 78.13 Mn |
| Jul 31, 2022 | 75.95 Mn |
| Apr 30, 2022 | 80.20 Mn |
| Jan 31, 2022 | 105.72 Mn |
| Oct 31, 2021 | 79.32 Mn |
| Jul 31, 2021 | 83.01 Mn |
| Apr 30, 2021 | 86.43 Mn |
| Jan 31, 2021 | 106.02 Mn |
| Oct 31, 2020 | 60.52 Mn |
| Jul 31, 2020 | 63.11 Mn |
| Apr 30, 2020 | 62.99 Mn |
| Jan 31, 2020 | 64.79 Mn |
| Oct 31, 2019 | 50.13 Mn |
| Jul 31, 2019 | 48.10 Mn |
| Apr 30, 2019 | 46.06 Mn |