Zoom Communications (ZM) Tax Rate (2018 - 2026)
Zoom Communications' Tax Rate came in at 22.68% for fiscal Q2 2027 (quarter ended Jul 31, 2026), up 2.70 percentage points from 19.99% a year earlier.
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Analysis
Zoom Communications (ZM) Tax Rate (2018 - 2026) Analysis & Trends
Over the trailing twelve months to Jul 31, 2026, Zoom Communications reported Tax Rate of 22.27%, up 1.76 percentage points year-over-year; for FY2026 (ended Jan 31, 2026), it was 21.56%, down 1.65 percentage points from FY2025.
- Tax Rate has declined in each of the last three fiscal years, though with a five-year change of +20.71 percentage points (FY2021 to FY2026).
- Going back by fiscal year, Tax Rate was 23.21% in FY2025 (-0.20 pp), 23.41% in FY2024 (-34.98 pp) and 58.40% in FY2023.
- The five-year range for quarterly Tax Rate is 11.68% (fiscal Q3 2023) to 64.27% (fiscal Q1 2024).
- Year-over-year, Tax Rate increased in four of the last seven quarters, with an average year-over-year change of -0.51 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in fiscal Q2 2023 (a gain of 47.29 percentage points), and the weakest in fiscal Q1 2025 (a drop of 38.36 percentage points).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Adobe | 94.52 Bn | 69.77 Bn | 6.00 Bn | 22.49% |
| 2 | Autodesk | 54.99 Bn | 43.02 Bn | 1.87 Bn | 17.03% |
| 3 | Atlassian | 39.98 Bn | 33.26 Bn | 1.53 Bn | 29.38% |
| 4 | Twilio | 30.87 Bn | 20.51 Bn | 760.53 Mn | - |
| 5 | Zoom Communications | 26.33 Bn | -4.40 Bn | 985.50 Mn | 22.68% |
| 6 | Figma | 10.00 Bn | 3.32 Bn | 314.44 Mn | - |
| 7 | Dropbox | 7.80 Bn | 3.43 Bn | 506.50 Mn | 18.61% |
| 8 | Open Text | 6.19 Bn | 1.62 Bn | 1.01 Bn | 37.84% |
| 9 | RingCentral | 6.04 Bn | 5.57 Bn | 494.30 Mn | - |
| 10 | Nice | 5.99 Bn | 4.56 Bn | 1.49 Bn | 39.67% |
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% |
| Oct 31, 2022 | 11.68% |
| Jul 31, 2022 | 49.39% |
| Apr 30, 2022 | 20.89% |
| Oct 31, 2021 | 17.04% |
| Jul 31, 2021 | 2.10% |
| Apr 30, 2021 | 0.61% |
| Jan 31, 2021 | 1.52% |
API Access
Zoom Communications Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=ZM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "ZM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=ZM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();