Zoom Communications (ZM) Operating Leases (2019 - 2026)
Zoom Communications' (ZM) quarterly Operating Leases came in at $33.3 million in Q3 2026, up 4.14% year-over-year from $32.0 million in Q3 2025, and up 8.56% quarter-over-quarter from $30.7 million in Q1 2026.
Analysis
Zoom Communications (ZM) Operating Leases (2019 - 2026) Analysis & Trends
Zoom Communications (ZM) has reported Operating Leases for 8 consecutive years, with $33.3 million the latest figure, recorded in Q3 2026.
- On a quarterly basis, Operating Leases rose 4.14% year-over-year to $33.3 million in Q3 2026; TTM through Jul 2026 was $33.3 million, a 4.14% increase from a year earlier, with the FY2026 full-year figure at $30.7 million, down 52.34% from the prior year.
- Operating Leases was $33.3 million for Q3 2026 at Zoom Communications, up from $30.7 million in the prior quarter.
- Over five years, Operating Leases peaked at $105.7 million in Q1 2022 and troughed at $28.1 million in Q4 2025.
- A 5-year average of $57.4 million and a median of $58.8 million in 2023 frame the typical range for Operating Leases.
- The widest YoY moves for Operating Leases: up 4.14% in 2026, down 52.34% in 2026.
- Over 5 years, Operating Leases stood at $78.1 million in 2022, then fell by 29.08% to $55.4 million in 2023, then tumbled by 32.16% to $37.6 million in 2024, then slipped by 25.32% to $28.1 million in 2025, then rose by 18.77% to $33.3 million in 2026.
- The last three Operating Leases figures came in at $33.3 million (Q3 2026), $30.7 million (Q1 2026), and $28.1 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Twilio | 35.77 Bn | 33.11 Bn | 725.87 Mn |
| 2 | Zoom Communications | 29.62 Bn | 22.37 Bn | 985.50 Mn |
| 3 | Nice | 6.38 Bn | 6.02 Bn | 995.81 Mn |
| 4 | RingCentral | 6.14 Bn | 6.03 Bn | 472.31 Mn |
| 5 | Five9 | 2.49 Bn | 1.83 Bn | 166.74 Mn |
| 6 | Bandwidth | 1.35 Bn | 1.17 Bn | 78.54 Mn |
| 7 | Consensus Cloud Solutions | 648.68 Mn | 549.78 Mn | 73.07 Mn |
| 8 | Ooma | 640.32 Mn | 622.79 Mn | 50.99 Mn |
| 9 | Agora | 498.86 Mn | 423.01 Mn | 25.74 Mn |
| 10 | 8X8 | 263.26 Mn | 168.30 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 33.34 Mn |
| 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 | 64.43 Mn |
| Oct 31, 2024 | 37.59 Mn |
| Jul 31, 2024 | 36.05 Mn |
| Apr 30, 2024 | 40.28 Mn |
| Jan 31, 2024 | 72.95 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 |