Zoom Communications, Inc. (ZM)

Zoom Communications, Inc. provides an Artificial Intelligence-first open work platform for human connection in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company offers Zoom Meetings that offers HD video, voice, chat, and content sharing through mobile devices, desktops, laptops, telephones, and conference room systems; Zoom Phone, a cloud phone system; and Zoom Team Chat enables users to share messages, images, files, and content in desktop, laptop, tablet, and mobile devices. It also provides Zoom Docs, a modular workspace; Zoom Whiteboard, an interactive canvas; Zoom Clips for capturing video and screen content; Zoom Rooms, a software-based conference room system; and Workspace Reservation. In addition, the company offers Zoom Contact Center, an omnichannel solution; Zoom Revenue Accelerator, a conversation intelligence software for Zoom Meetings and Zoom Phone; Zoom Events to manage, host, market, and report on all of virtual and hybrid events; Zoom Webinars Plus; and Zoom Webinars which supports interactive video presentations to large audiences. Further, it provides Workvivo, an all-in-one employee experience platform; Zoom Developer Platform and App Marketplace which integrates platform with other applications, platforms, websites, and services; and Zoom Apps. It serves individuals; and education, entertainment/media, enterprise infrastructure, finance, government, healthcare, manufacturing, non-profit/not for profit and social impact, retail/consumer products, and software/Internet industries. The company was formerly known as Zoom Video Communications, Inc. and changed its name to Zoom Communications, Inc. in November 2024. The company was incorporated in 2011 and is headquartered in San Jose, California.

Ticker
ZM
Exchange
Nasdaq
Sector
Technology
Industry
Software - Application
Market cap
$26.23B
52-week range
$70.70 - $114.74

Valuation

Share price
$89.88 (close of Nov 6, 2026)
P/E (TTM)
8.16x
Price to book
2.32x
Price to free cash flow
13.62x
Enterprise value
$25.35B
Book value per share
$38.74

Price performance

PeriodChange
1 day+1.19%
5 days-5.88%
1 month-4.59%
3 months-11.27%
6 months-14.51%
Year to date+4.16%
1 year+9.32%
3 years+45.39%
5 years-66.04%
All time+44.97%

Short interest

As of
Oct 15, 2026
Short % of float
2.40%
Shares short
6.21M
Days to cover
2.28
Change since prior report
-0.42%
Source
FINRA consolidated short interest

Profitability and growth

Return on equity
19.37%
Return on invested capital
6.10%
Return on assets
15.89%
Return on capital employed
11.28%
Gross margin
77.02%
Net margin
39.03%
EBITDA margin
25.81%
Revenue growth
4.36%
Net income growth
88.09%
Free cash flow growth
6.38%

Cash flow and balance sheet

Free cash flow yield (TTM)
7.34%
Current ratio
3.83x
Net debt to EBITDA
-0.66x

Latest reported year

Period end
Jan 31, 2026
Fiscal year
2026
Revenue
$4.87B
Cost of revenue
$1.12B
Gross profit
$3.75B
EBITDA
$1.26B
Net income
$1.90B
Earnings per share
$6.32
Research and development
$844.88M
Shares outstanding
300.50M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2026-01-31$4.87B$3.75B$1.90B$6.32
2025-01-31$4.67B$3.54B$1.01B$3.28
2024-01-31$4.53B$3.45B$637.46M$2.12
2023-01-31$4.39B$3.29B$103.71M$0.35
2022-01-31$4.10B$3.05B$1.38B$4.64
2021-01-31$2.65B$1.83B$672.32M$2.37
2020-01-31$622.66M$507.26M$25.30M$0.09
2019-01-31$330.52M$269.52M$7.58M$0.09
2018-01-31$151.48M$120.70M-$3.82M-$0.11

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2026-01-3177.02%39.03%19.37%6.10%
2025-01-3175.79%21.65%11.31%5.64%
2024-01-3176.19%14.08%7.95%4.08%
2023-01-3174.95%2.36%1.67%1.95%
2022-01-3174.28%33.55%23.80%18.07%
2021-01-3169.00%25.36%17.41%16.49%
2020-01-3181.47%4.06%3.03%1.28%
2019-01-3181.54%2.29%-72.81%
2018-01-3179.68%-2.52%--

Cash and debt by year

Period endCashDebt
2026-01-31$1.27B-
2025-01-31$1.35B-
2024-01-31$1.56B-
2023-01-31$1.09B-
2022-01-31$1.06B-
2021-01-31$2.24B-
2020-01-31$283.13M-
2019-01-31$63.62M$14.86M

Free cash flow by year

Period endFree cash flowStock-based compensation
2026-01-31$1.92B$760.78M
2025-01-31$1.81B$931.31M
2024-01-31$1.47B$1.06B
2023-01-31$1.19B$1.29B
2022-01-31$1.47B$477.29M
2021-01-31$1.39B$275.82M
2020-01-31$113.81M$73.11M
2019-01-31$22.90M$8.94M
2018-01-31$9.69M$10.33M

Investor relations

Next earnings report

Next confirmed report
Nov 23, 2026
Consensus EPS estimate
$1.00

Past earnings dates

ReportedFiscal periodEPS estimate
2026-08-25Jul 2026$1.01
2026-05-21Apr 2026$0.93
2026-02-25Jan 2026$0.95
2025-11-24Oct 2025$0.86
2025-08-21Jul 2025$0.77
2025-05-21Apr 2025$0.70
2025-02-24Jan 2025$0.66
2024-11-25Oct 2024$0.64

Filings and sources

Company website
zoom.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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