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

Zoom Communications' (ZM) quarterly Tax Rate came in at 21.95% in Q1 2026, up 364.0% year-on-year from 4.73% in Q1 2025, and down 4.07% on a QoQ basis from 22.88% in Q4 2025.

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

Zoom Communications (ZM) has 9 years of Tax Rate data on file, last reported at 21.95% in Q1 2026.

  • On a quarterly basis, Tax Rate rose 364.0% year-over-year to 21.95% in Q1 2026; TTM through Jan 2026 was 21.56%, a 165.0% decrease from a year earlier, with the FY2026 full-year figure at 21.56%, down 165.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 21.95%, down from 22.88% in the prior quarter.
  • Over the last five years, Tax Rate for ZM reached as high as 64.27% in Q2 2023 and fell as low as 254.17% in Q1 2022.
  • Historically, Tax Rate has averaged 1.45% across 5 years, with a median of 21.95% in 2026.
  • Across the five-year window, Tax Rate sank 25569 bps in 2022 and surged 17844 bps in 2024, its largest moves.
  • Year by year, Tax Rate stood at 11.68% in 2022, then surged by 106 bps to 24.01% in 2023, then advanced by 9 bps to 26.16% in 2024, then slipped by 13 bps to 22.88% in 2025, then declined by 4 bps to 21.95% in 2026.
  • Per Business Quant data, the three most recent Tax Rate figures were 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 208.91 Bn 189.27 Bn 8.16 Bn -29.13%
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -18.42%
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 8.36%
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 39.11%
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 22.57%
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 31.96%
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 23.68%
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 0.37%
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 21.59%
10 Zoom Communications 25.28 Bn 17.46 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%