ZM
Zoom Video Communications Inc
NASDAQ: ZM · TECHNOLOGY · SOFTWARE - APPLICATION
$97.15
+1.45% today
Updated 2026-04-30
Market cap
$28.22B
P/E ratio
15.50
P/S ratio
5.80x
EPS (TTM)
$6.18
Dividend yield
—
52W range
$69 – $98
Volume
4.5M
Zoom Video Communications Inc (ZM) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $60.82M | $151.48M | $330.52M | $622.66M | $2.65B | $4.10B | $4.39B | $4.53B | $4.67B | $4.87B |
| Revenue growth (YoY) | — | +149.1% | +118.2% | +88.4% | +325.8% | +54.6% | +7.1% | +3.1% | +3.1% | +4.4% |
| Cost of revenue | $12.47M | $30.78M | $61.00M | $115.40M | $821.99M | $1.05B | $1.10B | $1.08B | $1.13B | $1.12B |
| Gross profit | $48.34M | $120.70M | $269.52M | $507.26M | $1.83B | $3.05B | $3.29B | $3.45B | $3.54B | $3.75B |
| Gross margin | 79.5% | 79.7% | 81.5% | 81.5% | 69.0% | 74.3% | 74.9% | 76.2% | 75.8% | 77.0% |
| R&D | $9.22M | $15.73M | $33.01M | $67.08M | $164.08M | $362.99M | $774.06M | $803.19M | $852.41M | $844.88M |
| SG&A | $7.55M | $27.09M | $44.51M | $86.84M | $320.55M | $482.77M | $576.43M | $579.65M | $442.71M | $392.93M |
| Operating income | $-3.11M | $-4.83M | $6.17M | $12.70M | $659.85M | $1.06B | $245.43M | $525.28M | $813.29M | $1.12B |
| Operating margin | -5.1% | -3.2% | 1.9% | 2.0% | 24.9% | 25.9% | 5.6% | 11.6% | 17.4% | 23.1% |
| EBITDA | $1.22M | $-2.05M | $13.18M | $29.14M | $688.71M | $1.11B | $327.75M | $629.73M | $935.93M | $2.56B |
| EBITDA margin | 2.0% | -1.4% | 4.0% | 4.7% | 26.0% | 27.1% | 7.5% | 13.9% | 20.1% | 52.5% |
| EBIT | $0.00 | $-4.83M | $6.17M | $12.70M | $659.85M | $1.06B | $245.43M | $525.28M | $813.29M | $2.42B |
| Interest expense | $0.00 | $0.00 | $0.00 | $13.67M | $18.19M | $81.80M | $33.72M | — | — | — |
| Income tax | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-14000.00 | $-3.82M | $7.58M | $25.30M | $672.32M | $1.38B | $103.71M | $637.46M | $1.01B | $1.90B |
| Net income growth (YoY) | — | -27200.0% | +298.4% | +233.7% | +2556.9% | +104.6% | -92.5% | +514.7% | +58.5% | +88.1% |
| Profit margin | -0.0% | -2.5% | 2.3% | 4.1% | 25.4% | 33.6% | 2.4% | 14.1% | 21.7% | 39.0% |