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% on a QoQ basis from 22.88% in Q4 2025.
Zoom Communications (ZM) has 9 years of Tax Rate data on file, last reported at 21.95% in Q1 2026.
- Quarterly Tax Rate rose 364.0% year-over-year to 21.95% in Q1 2026, while the trailing twelve-month figure through Jan 2026 was 21.56% (down 165.0% YoY) and the FY2026 annual result came in at 21.56%, down 165.0% from the prior year.
- Tax Rate declined 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.
- The 5-year median for Tax Rate is 21.95% (2026), against an average of 1.45%.
- The widest annual swing landed in 2022, when Tax Rate sank 25569 bps; it then surged 17844 bps in 2024.
- Tracing ZM's Tax Rate over 5 years: stood at 11.68% in 2022, then soared by 106 bps to 24.01% in 2023, then climbed by 9 bps to 26.16% in 2024, then dropped by 13 bps to 22.88% in 2025, then fell by 4 bps to 21.95% in 2026.
- Per Business Quant, the three latest ZM Tax Rate figures stand at 21.95% (Q1 2026), 22.88% (Q4 2025), and 19.99% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | - |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 25.31 |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 39.11 |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 8.36 |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 30.31 |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 21.59 |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 22.01 |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 23.68 |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 24.29 |
| 10 | Zoom Communications | 31.75 Bn | 23.93 Bn | 951.29 Mn | 21.95 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jul 31, 2023 | 27.32 |
| Jul 31, 2023 | 27.32 |
| Apr 30, 2023 | 64.27 |
| Apr 30, 2023 | 64.27 |
| Jan 31, 2023 | -163.12 |
| Jan 31, 2023 | -163.12 |
| Oct 31, 2022 | 11.68 |
| Oct 31, 2022 | 11.68 |
| Jul 31, 2022 | 49.34 |
| Jul 31, 2022 | 49.34 |
| Apr 30, 2022 | 20.88 |
| Apr 30, 2022 | 20.88 |
| Jan 31, 2022 | -254.17 |
| Jan 31, 2022 | -254.17 |
| Oct 31, 2021 | 17.04 |
| Oct 31, 2021 | 17.04 |
| Jul 31, 2021 | 2.10 |
| Jul 31, 2021 | 2.10 |
| Apr 30, 2021 | 0.61 |
| Apr 30, 2021 | 0.61 |
| Jan 31, 2021 | 1.53 |
| Jan 31, 2021 | 1.53 |
| Oct 31, 2020 | -2.38 |
| Oct 31, 2020 | -2.38 |
| Jul 31, 2020 | 2.21 |
| Jul 31, 2020 | 2.21 |
| Apr 30, 2020 | 7.20 |
| Apr 30, 2020 | 7.20 |
| Jan 31, 2020 | -5.80 |
| Jan 31, 2020 | -5.80 |
| Oct 31, 2019 | 12.61 |
| Oct 31, 2019 | 12.61 |
| Jul 31, 2019 | 18.00 |
| Jul 31, 2019 | 18.00 |
| Apr 30, 2019 | 12.49 |
| Apr 30, 2019 | 12.49 |
| Jan 31, 2019 | 6.00 |
| Jan 31, 2019 | 6.00 |
| Oct 31, 2018 | -30.57 |
| Oct 31, 2018 | -30.57 |
| Jul 31, 2018 | 2.52 |
| Jul 31, 2018 | 2.52 |
| Apr 30, 2018 | -7.80 |
| Apr 30, 2018 | -7.80 |