Zoom Communications ZM
NASDAQ ZM
$101.33 +3.19 (+3.25%)
At close: Sep 4, 2026 · 4:00 PM EDT

Zoom Communications (ZM) Research & Development (2018 - 2026)

Zoom Communications' (ZM) quarterly Research & Development came in at $330.5 million in Q3 2026, down 2.5% year-over-year from $339.0 million in Q3 2025, and down 8.07% quarter-over-quarter from $359.5 million in Q1 2026.

Analysis

Zoom Communications (ZM) Research & Development (2018 - 2026) Analysis & Trends

Zoom Communications (ZM) has reported Research & Development for 9 consecutive years, with $330.5 million the latest figure, recorded in Q3 2026.

  • On a quarterly basis, Research & Development fell 2.5% year-over-year to $330.5 million in Q3 2026; TTM through Jul 2026 was $1.4 billion, a 2.47% decrease from a year earlier, with the FY2026 full-year figure at $1.4 billion, down 2.74% from the prior year.
  • Research & Development was $330.5 million for Q3 2026 at Zoom Communications, down from $359.5 million in the prior quarter.
  • Over five years, Research & Development peaked at $505.6 million in Q1 2023 and troughed at $325.4 million in Q1 2022.
  • A 5-year average of $372.8 million and a median of $360.6 million in 2024 frame the typical range for Research & Development.
  • Across the five-year window, Research & Development surged 55.37% in 2023 and fell 26.61% in 2024, its largest moves.
  • Over 5 years, Research & Development stood at $427.7 million in 2022, then decreased by 12.48% to $374.4 million in 2023, then declined by 3.39% to $361.7 million in 2024, then fell by 5.22% to $342.8 million in 2025, then declined by 3.59% to $330.5 million in 2026.
  • The last three Research & Development figures came in at $330.5 million (Q3 2026), $359.5 million (Q1 2026), and $342.8 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Twilio 35.77 Bn 33.11 Bn 725.87 Mn 273.32 Mn
2 Zoom Communications 29.62 Bn 22.37 Bn 985.50 Mn 330.52 Mn
3 Nice 6.38 Bn 6.02 Bn 995.81 Mn 385.54 Mn
4 RingCentral 6.14 Bn 6.03 Bn 472.31 Mn 274.91 Mn
5 Five9 2.49 Bn 1.83 Bn 166.74 Mn 79.70 Mn
6 Bandwidth 1.35 Bn 1.17 Bn 78.54 Mn 37.34 Mn
7 Consensus Cloud Solutions 648.68 Mn 549.78 Mn 73.07 Mn 13.50 Mn
8 Ooma 640.32 Mn 622.79 Mn 50.99 Mn 22.43 Mn
9 Agora 498.86 Mn 423.01 Mn 25.74 Mn 15.40 Mn
10 8X8 263.26 Mn 168.30 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jul 31, 2026 330.52 Mn
Jan 31, 2026 359.52 Mn
Oct 31, 2025 342.81 Mn
Jul 31, 2025 339.00 Mn
Apr 30, 2025 346.97 Mn
Jan 31, 2025 358.90 Mn
Oct 31, 2024 361.70 Mn
Jul 31, 2024 358.77 Mn
Apr 30, 2024 348.01 Mn
Jan 31, 2024 371.05 Mn
Oct 31, 2023 374.38 Mn
Jul 31, 2023 373.37 Mn
Apr 30, 2023 422.50 Mn
Jan 31, 2023 505.59 Mn
Oct 31, 2022 427.75 Mn
Jul 31, 2022 400.47 Mn
Apr 30, 2022 362.78 Mn
Jan 31, 2022 325.42 Mn
Oct 31, 2021 293.70 Mn
Jul 31, 2021 271.18 Mn