Zoom Communications (ZM) Operating Margin (2018 - 2026)
Zoom Communications (ZM) has disclosed Operating Margin for 9 consecutive years, with 20.04% as the latest value for Q1 2026.
- Quarterly Operating Margin rose 103.0% to 20.04% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 23.08% through Jan 2026, up 565.0% year-over-year, with the annual reading at 23.08% for FY2026, 565.0% up from the prior year.
- Operating Margin for Q1 2026 was 20.04% at Zoom Communications, down from 25.24% in the prior quarter.
- The five-year high for Operating Margin was 26.43% in Q3 2025, with the low at 11.62% in Q1 2023.
- Average Operating Margin over 5 years is 14.97%, with a median of 17.41% recorded in 2024.
- The sharpest move saw Operating Margin plummeted -3512bps in 2023, then skyrocketed 2632bps in 2024.
- Over 5 years, Operating Margin stood at 6.04% in 2022, then surged by 147bps to 14.9% in 2023, then increased by 4bps to 15.53% in 2024, then skyrocketed by 63bps to 25.24% in 2025, then decreased by -21bps to 20.04% in 2026.
- According to Business Quant data, Operating Margin over the past three periods came in at 20.04%, 25.24%, and 26.43% for Q1 2026, Q4 2025, and Q3 2025 respectively.