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

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

  • Tax Rate for Q1 2026 came in at 21.95%, up 364.0% year-over-year; the trailing twelve-month figure through Jan 2026 was 21.56% (down 165.0% YoY), and the FY2026 annual result was 21.56%, down 165.0% from the prior year.
  • Tax Rate eased to 21.95% in Q1 2026 per ZM's latest filing, from 22.88% in the prior quarter.
  • Over five years, Tax Rate peaked at 64.27% in Q2 2023 and troughed at 254.17% in Q1 2022.
  • A 5-year average of 1.45% and a median of 21.95% in 2026 frame the typical range for Tax Rate.
  • The sharpest annual moves came in 2022 and 2024: Tax Rate tumbled 25569 bps in 2022, then jumped 17844 bps in 2024.
  • A 5-year view of Tax Rate shows it stood at 11.68% in 2022, then surged by 106 bps to 24.01% in 2023, then increased by 9 bps to 26.16% in 2024, then fell by 13 bps to 22.88% in 2025, then decreased 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 238.14 Bn 220.17 Bn 8.16 Bn -
2 Full Truck Alliance 166.83 Bn 164.28 Bn - -18.42%
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 39.11%
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn 8.36%
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 22.74%
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 21.59%
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 30.31%
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 23.68%
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 23.50%
10 Zoom Communications 27.67 Bn 19.85 Bn 951.29 Mn 21.95%

Historic Data

Download Data
DateValue
Jan 31, 2026 21.95%
Jan 31, 2026 21.95%
Oct 31, 2025 22.88%
Oct 31, 2025 22.88%
Jul 31, 2025 19.99%
Jul 31, 2025 19.99%
Apr 30, 2025 19.37%
Apr 30, 2025 19.37%
Jan 31, 2025 18.31%
Jan 31, 2025 18.31%
Oct 31, 2024 26.16%
Oct 31, 2024 26.16%
Jul 31, 2024 25.22%
Jul 31, 2024 25.22%
Apr 30, 2024 25.91%
Apr 30, 2024 25.91%
Jan 31, 2024 15.32%
Jan 31, 2024 15.32%
Oct 31, 2023 24.01%
Oct 31, 2023 24.01%