Zoom Communications (ZM) Tax Rate (2018 - 2026)
Zoom Communications (ZM) posted quarterly 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 reported Tax Rate for 9 consecutive years, with 21.95% the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Rate rose 364.0% year-over-year to 21.95%; the TTM figure through Jan 2026 stood at 21.56% (down 165.0% YoY), while the FY2026 annual figure was 21.56%, down 165.0% from the prior year.
- Tax Rate retreated 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.
- Historically, Tax Rate has averaged 1.45% across 5 years, with a median of 21.95% in 2026.
- Annual changes were most pronounced in 2022 — Tax Rate tumbled 25569 bps — and 2024, when it jumped 17844 bps.
- Zoom Communications' Tax Rate stood at 11.68% in 2022, then soared by 106 bps to 24.01% in 2023, then rose by 9 bps to 26.16% in 2024, then retreated by 13 bps to 22.88% in 2025, then slipped 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 | 255.48 Bn | 234.41 Bn | 16.51 Bn | -27.76% |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 15.38% |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 22.57% |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 25.63% |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 31.96% |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 0.37% |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 22.20% |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 23.50% |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 24.29% |
| 10 | Zoom Communications | 31.31 Bn | 23.50 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% |