Zoom Communications (ZM) Research & Development (2018 - 2026)
Zoom Communications (ZM) reported Research & Development of $242.5 million for fiscal Q2 2027 (quarter ended Jul 31, 2026), up 17.5% from $206.45 million a year earlier.
Powered by 
Analysis
Zoom Communications (ZM) Research & Development (2018 - 2026) Analysis & Trends
Over the twelve months ended Jul 31, 2026, Zoom Communications' Research & Development came in at $881.96 million, up 3.5% year-over-year; for FY2026 (ended Jan 31, 2026), it was $844.88 million, down 0.9% from FY2025.
- Research & Development has a five-year compound annual growth rate of 38.8% (FY2021 to FY2026).
- By fiscal year, Research & Development came in at $852.42 million in FY2025 (+6.1%), $803.19 million in FY2024 (+3.8%), $774.06 million in FY2023 (+113.2%) and $362.99 million in FY2022 (+121.2%).
- The fiscal Q2 2027 figure ranks as the highest quarterly Research & Development since fiscal Q4 2023.
- Year over year, Research & Development gained in four of the last seven quarters, with growth averaging 4.7%.
- The high point for year-over-year Research & Development in five years was fiscal Q3 2022 (growth of 131.3%); the low point was fiscal Q4 2024 (a decline of 21.4%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Adobe | 90.32 Bn | 65.57 Bn | 6.00 Bn | 1.29 Bn |
| 2 | Atlassian | 46.45 Bn | 39.73 Bn | 1.53 Bn | 759.82 Mn |
| 3 | Twilio | 44.08 Bn | 34.07 Bn | 725.87 Mn | 273.32 Mn |
| 4 | Autodesk | 43.30 Bn | 31.34 Bn | 1.87 Bn | 464.00 Mn |
| 5 | Zoom Communications | 25.52 Bn | -5.27 Bn | 985.50 Mn | 242.50 Mn |
| 6 | Figma | 10.74 Bn | 4.24 Bn | 309.61 Mn | 167.33 Mn |
| 7 | Dropbox | 7.01 Bn | 2.65 Bn | 506.50 Mn | 188.10 Mn |
| 8 | Nice | 6.59 Bn | 5.06 Bn | 995.81 Mn | 200.30 Mn |
| 9 | RingCentral | 6.37 Bn | 5.87 Bn | 472.31 Mn | 82.80 Mn |
| 10 | Open Text | 5.38 Bn | 813.39 Mn | 1.01 Bn | 149.10 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 242.50 Mn |
| Jan 31, 2026 | 222.92 Mn |
| Oct 31, 2025 | 210.10 Mn |
| Jul 31, 2025 | 206.45 Mn |
| Apr 30, 2025 | 205.42 Mn |
| Jan 31, 2025 | 217.12 Mn |
| Oct 31, 2024 | 222.98 Mn |
| Jul 31, 2024 | 206.76 Mn |
| Apr 30, 2024 | 205.56 Mn |
| Jan 31, 2024 | 205.28 Mn |
| Oct 31, 2023 | 196.83 Mn |
| Jul 31, 2023 | 191.80 Mn |
| Apr 30, 2023 | 209.27 Mn |
| Jan 31, 2023 | 261.26 Mn |
| Oct 31, 2022 | 195.95 Mn |
| Jul 31, 2022 | 172.56 Mn |
| Apr 30, 2022 | 144.29 Mn |
| Jan 31, 2022 | 117.00 Mn |
| Oct 31, 2021 | 98.51 Mn |
| Jul 31, 2021 | 82.31 Mn |
API Access
Zoom Communications Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=ZM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "ZM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=ZM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();