Zoom Communications profit margin ZM
Gross, operating and net profit as a share of revenue over the last twelve months, from 2019.
- Net margin, 12 months
- 65.2%
- Operating margin, 12 months
- 23.7%
- Net margin on a year earlier
- +40.2 pts
- Peer median
- 13.2%
Over the twelve months to Jul 31, 2026, Zoom Communications kept 65.2% of its revenue as net profit, with an operating margin of 23.7% and a gross margin of 77.3%.
Five years earlier its net margin was 27.6%.
The median for 10 application software stocks of a similar size is 13.2%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2026 | 39.0% | 23.1% | 77.0% |
| FY2025 | 21.7% | 17.4% | 75.8% |
| FY2024 | 14.1% | 11.6% | 76.2% |
| FY2023 | 2.4% | 5.6% | 74.9% |
| FY2022 | 33.6% | 25.9% | 74.3% |
| FY2021 | 25.4% | 24.9% | 69.0% |
| FY2020 | 4.1% | 2.0% | 81.5% |
| FY2019 | 2.3% | 1.9% | 81.5% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY27 | 65.2% | +40.2 pts | 23.7% | |
| Q1 FY27 | 42.0% | +19.7 pts | 24.2% | |
| Q4 FY26 | 39.0% | +17.4 pts | 23.1% | |
| Q3 FY26 | 33.2% | +12.8 pts | 22.9% | |
| Q2 FY26 | 25.0% | +5.9 pts | 20.4% | |
| Q1 FY26 | 22.3% | +3.9 pts | 18.1% | |
| Q4 FY25 | 21.7% | +7.6 pts | 17.4% | |
| Q3 FY25 | 20.3% | +15.1 pts | 16.4% | |
| Q2 FY25 | 19.1% | +15.9 pts | 16.2% | |
| Q1 FY25 | 18.4% | +18.2 pts | 15.7% | |
| Q4 FY24 | 14.1% | +11.7 pts | 11.6% | |
| Q3 FY24 | 5.2% | −10.9 pts | 5.0% |
Against its peers
Companies in Software - Application nearest Zoom Communications' size, closest first, today.
| Company | Profit margin |
|---|---|
| ZMZoom Communications | 65.2% |
| SSNCSS&C Technologies | 13.2% |
| ROPRoper Technologies | 30.2% |
| FICOFair Isaac | 34.1% |
| WDAYWorkday | 12.3% |
| VEEVVeeva Systems | 29.3% |
| ADSKAutodesk | 21.1% |
| MSTRStrategy | n/m |
| TEAMAtlassian | −0.8% |
| HUBSHubSpot | 4.3% |
| PINSPinterest | 5.5% |
| Peer median | 13.2% |
Where Zoom Communications ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Zoom Communications
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.