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| Date | Value |
|---|---|
| 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% |