Zoom Communications (ZM) Research & Development (2018 - 2026)
Zoom Communications' (ZM) quarterly Research & Development came in at $359.5 million in Q1 2026, down 54.61% year-on-year from $792.1 million in Q1 2025, and up 4.87% on a QoQ basis from $342.8 million in Q4 2025.
Zoom Communications (ZM) Research & Development (2018 - 2026) Analysis & Trends
Zoom Communications (ZM) has 9 years of Research & Development data on file, last reported at $359.5 million in Q1 2026.
- On a quarterly basis, Research & Development fell 54.61% year-over-year to $359.5 million in Q1 2026; TTM through Jan 2026 was $1.1 billion, a 35.15% decrease from a year earlier, with the FY2026 full-year figure at $1.4 billion, down 2.74% from the prior year.
- Research & Development for Q1 2026 stood at $359.5 million, up from $342.8 million in the prior quarter.
- Over the last five years, Research & Development for ZM reached as high as $943.4 million in Q1 2024 and fell as low as -$416.9 million in Q1 2023.
- Historically, Research & Development has averaged $339.6 million across 5 years, with a median of $342.8 million in 2025.
- Across the five-year window, Research & Development tumbled 146.85% in 2023 and surged 326.27% in 2024, its largest moves.
- Year by year, Research & Development stood at $427.7 million in 2022, then slumped by 53.98% to $196.8 million in 2023, then surged by 83.76% to $361.7 million in 2024, then dropped by 5.22% to $342.8 million in 2025, then advanced by 4.87% to $359.5 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $359.5 million in Q1 2026, $342.8 million in Q4 2025, and $206.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | -1.99 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | -37.02 Mn |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 496.00 Mn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 1.33 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 3.77 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 1.37 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 253.90 Mn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 588.95 Mn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 508.44 Mn |
| 10 | Zoom Communications | 25.28 Bn | 17.46 Bn | 951.29 Mn | 359.52 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 359.52 Mn |
| Oct 31, 2025 | 342.81 Mn |
| Jul 31, 2025 | 206.45 Mn |
| Apr 30, 2025 | 205.42 Mn |
| Jan 31, 2025 | 792.09 Mn |
| Oct 31, 2024 | 361.70 Mn |
| Jul 31, 2024 | 358.77 Mn |
| Apr 30, 2024 | 205.56 Mn |
| Jan 31, 2024 | 943.40 Mn |
| Oct 31, 2023 | 196.83 Mn |
| Jul 31, 2023 | 373.37 Mn |
| Apr 30, 2023 | 209.27 Mn |
| Jan 31, 2023 | -416.95 Mn |
| Oct 31, 2022 | 427.75 Mn |
| Jul 31, 2022 | 172.56 Mn |
| Apr 30, 2022 | 144.29 Mn |
| Jan 31, 2022 | 889.97 Mn |
| Oct 31, 2021 | 293.70 Mn |
| Jul 31, 2021 | 271.18 Mn |
| Apr 30, 2021 | 245.67 Mn |