Zoom Communications (ZM) Tax Rate (2018 - 2026)

Zoom Communications (ZM) posted quarterly Tax Rate of 21.95% for Q1 2026, up 364.0% year-over-year from 4.73% in Q1 2025, and down 4.07% quarter-over-quarter from 22.88% in Q4 2025.

Zoom Communications (ZM) Tax Rate (2018 - 2026) Analysis & Trends

Zoom Communications (ZM) has reported Tax Rate for 9 consecutive years, with 21.95% the latest figure, recorded in Q1 2026.

  • In Q1 2026, Tax Rate rose 364.0% year-over-year to 21.95%; the TTM figure through Jan 2026 stood at 21.56% (down 165.0% YoY), while the FY2026 annual figure was 21.56%, down 165.0% from the prior year.
  • Tax Rate retreated to 21.95% in Q1 2026 per ZM's latest filing, from 22.88% in the prior quarter.
  • Across five years, Tax Rate topped out at 64.27% in Q2 2023 and bottomed at 254.17% in Q1 2022.
  • Historically, Tax Rate has averaged 1.45% across 5 years, with a median of 21.95% in 2026.
  • Annual changes were most pronounced in 2022 — Tax Rate tumbled 25569 bps — and 2024, when it jumped 17844 bps.
  • Zoom Communications' Tax Rate stood at 11.68% in 2022, then soared by 106 bps to 24.01% in 2023, then rose by 9 bps to 26.16% in 2024, then retreated by 13 bps to 22.88% in 2025, then slipped by 4 bps to 21.95% in 2026.
  • Business Quant data shows ZM's Tax Rate at 21.95% in Q1 2026, 22.88% in Q4 2025, and 19.99% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Sap Se 255.48 Bn 234.41 Bn 16.51 Bn -27.76%
2 Shopify 198.95 Bn 194.00 Bn 1.71 Bn 15.38%
3 Salesforce 160.70 Bn 148.86 Bn 8.56 Bn 22.57%
4 Uber Technologies 154.94 Bn 149.73 Bn 6.38 Bn 25.63%
5 ServiceNow 128.25 Bn 123.58 Bn 2.82 Bn 31.96%
6 Snowflake 114.00 Bn 111.05 Bn 926.45 Mn 0.37%
7 Automatic Data Processing 108.58 Bn 104.35 Bn 2.51 Bn 22.20%
8 Adobe 105.34 Bn 99.72 Bn 5.90 Bn 23.50%
9 Intuit 94.55 Bn 87.77 Bn 7.24 Bn 24.29%
10 Zoom Communications 31.31 Bn 23.50 Bn 951.29 Mn 21.95%

Historic Data

Download Data
DateValue
Jan 31, 2026 21.95%
Jan 31, 2026 21.95%
Jan 31, 2026 21.95%
Oct 31, 2025 22.88%
Oct 31, 2025 22.88%
Oct 31, 2025 22.88%
Jul 31, 2025 19.99%
Jul 31, 2025 19.99%
Jul 31, 2025 19.99%
Apr 30, 2025 19.37%
Apr 30, 2025 19.37%
Apr 30, 2025 19.37%
Jan 31, 2025 18.31%
Jan 31, 2025 18.31%
Jan 31, 2025 18.31%
Oct 31, 2024 26.16%
Oct 31, 2024 26.16%
Oct 31, 2024 26.16%
Jul 31, 2024 25.22%
Jul 31, 2024 25.22%