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
DateValue
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