Zoom Communications (ZM) Tax Rate (2018 - 2026)
Zoom Communications' (ZM) quarterly Tax Rate came in at 22.68% in Q3 2026, up 270.0% year-over-year from 6.13% in Q3 2025, and up 3.34% quarter-over-quarter from 21.95% in Q1 2026.
Analysis
Zoom Communications (ZM) Tax Rate (2018 - 2026) Analysis & Trends
Zoom Communications (ZM) has reported Tax Rate for 9 consecutive years, with 22.68% the latest figure, recorded in Q3 2026.
- On a quarterly basis, Tax Rate rose 270.0% year-over-year to 22.68% in Q3 2026; TTM through Jul 2026 was 22.27%, a 176.0% increase from a year earlier, with the FY2026 full-year figure at 21.56%, down 165.0% from the prior year.
- Tax Rate was 22.68% for Q3 2026 at Zoom Communications, up from 21.95% 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 0.11% and a median of 22.32% in 2026 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate plunged 25568 bps in 2022 and soared 17844 bps in 2024, its largest moves.
- Over 5 years, Tax Rate stood at 11.68% in 2022, then jumped by 106 bps to 24.01% in 2023, then grew by 9 bps to 26.16% in 2024, then declined by 13 bps to 22.88% in 2025, then fell by 1 bps to 22.68% in 2026.
- The last three Tax Rate figures came in at 22.68% (Q3 2026), 21.95% (Q1 2026), and 22.88% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Twilio | 35.77 Bn | 33.11 Bn | 725.87 Mn | -1,313.04% |
| 2 | Zoom Communications | 29.62 Bn | 22.37 Bn | 985.50 Mn | 22.68% |
| 3 | Nice | 6.38 Bn | 6.02 Bn | 995.81 Mn | 48.74% |
| 4 | RingCentral | 6.14 Bn | 6.03 Bn | 472.31 Mn | 7.42% |
| 5 | Five9 | 2.49 Bn | 1.83 Bn | 166.74 Mn | 21.84% |
| 6 | Bandwidth | 1.35 Bn | 1.17 Bn | 78.54 Mn | 696.52% |
| 7 | Consensus Cloud Solutions | 648.68 Mn | 549.78 Mn | 73.07 Mn | 23.30% |
| 8 | Ooma | 640.32 Mn | 622.79 Mn | 50.99 Mn | 6.33% |
| 9 | Agora | 498.86 Mn | 423.01 Mn | 25.74 Mn | -2.52% |
| 10 | 8X8 | 263.26 Mn | 168.30 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 22.68% |
| Jan 31, 2026 | 21.95% |
| Oct 31, 2025 | 22.88% |
| Jul 31, 2025 | 19.99% |
| Apr 30, 2025 | 19.37% |
| Jan 31, 2025 | 18.31% |
| Oct 31, 2024 | 26.16% |
| Jul 31, 2024 | 25.22% |
| Apr 30, 2024 | 25.91% |
| Jan 31, 2024 | 15.32% |
| Oct 31, 2023 | 24.01% |
| Jul 31, 2023 | 27.32% |
| Apr 30, 2023 | 64.27% |
| Jan 31, 2023 | -163.12% |
| Oct 31, 2022 | 11.68% |
| Jul 31, 2022 | 49.39% |
| Apr 30, 2022 | 20.89% |
| Jan 31, 2022 | -254.17% |
| Oct 31, 2021 | 17.04% |
| Jul 31, 2021 | 2.10% |