ZM

Zoom Video Communications
D

ZM

Arincen81/100B

If you had invested in Zoom Video Communications ago, it would be worth $1,437 today, against $2,708 in SPY and $3,564 in QQQ.

ArincenArincen ScoreBeta

81/100

Six parts of the company, five checks each, from its own reported figures. A part scores the checks it passes out of 10; the score is their average out of 100.

Profitability10

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Cash10

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Valuation6

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Growth8

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Financial strength8

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Shareholders6.7

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Figures to FY2026; the price as of today.

Zoom Video Communications key facts

Style
Value stock · 9.3/10Growth 4.5 · Value 9.3
Day range
96.910 – 98.620
52-week range
70.700 – 114.740
Market capitalization
28.46B USD
P/E
8.87
PEG ratio
6.40
EPS
11.00
EPS growth forecast (FY2027)
+3.9%
Volume
17,819
Beta
1.02
ESG score
57.6/100Environment 58 · Social 55 · Governance 59
Sector
Technology
Industry
Software - Application
CEO
Eric S. Yuan
Employees
7K
Website
zoom.com
IPO date
18 Apr 2019

Zoom Video Communications earnings

Next earnings · Q3 FY2027
EPS estimate
1.49 USD
Revenue estimate
1.28B USD
Last quarter · Q2 FY2027
EPS1.55Beat +4.7%Revenue1.28BBeat +0.8%

Revenue

ReportedEstimate

EPS

ReportedEstimate
PeriodReport dateEPS estimateReported EPSSurpriseEPS growthRevenue estimateReported revenueSurpriseRevenue growth
Q2 FY20281.57——+1.31%1.33B——+4.11%
Q1 FY20281.53——-1.42%1.29B——+4.24%
Q4 FY20271.55——+7.61%1.30B——+4.05%
Q3 FY20271.49——-1.97%1.28B——+4.00%
Q2 FY20271.481.55+4.73%+1.31%1.27B1.28B+0.83%+4.93%
Q1 FY20271.421.55+9.15%+8.39%1.22B1.24B+1.21%+5.47%
Q4 FY20261.491.44-3.36%+2.13%1.23B1.25B+1.04%+5.31%
Q3 FY20261.441.52+5.56%+10.14%1.21B1.23B+1.25%+4.44%
Q2 FY20261.381.53+10.87%+10.07%1.20B1.22B+1.58%+4.71%
Q1 FY20261.311.43+9.16%+5.93%1.17B1.17B+0.72%+2.93%

Zoom Video Communications analyst forecast

12-month price target
118.71 USD
+21.70%

Analysts' 1-year price targets range from 104.00 to 133.00, with an average of 118.71.

Past year
1-year forecast
Strong sellStrong buy
Buy
21 ratings
Buy
12
Hold
9
Sell
0

12-month price target

Highest target133.00
Average target118.71
Lowest target104.00
Current price97.54

Zoom Video Communications valuation

Price to earnings ratio (TTM)
8.87
Forward P/E (FY2027)
15.86
Price to sales (TTM)
5.70
Price to book
2.52
EV / EBITDA (TTM)
4.91

Capital structure

Market capitalization
28.46B USD
+
Total debt
60.27M USD
−
Cash and short-term investments
7.25B USD
=
Enterprise value
21.27B USD

Valuation over time

P/EForward P/EForward P/E · EstimateEstimate
Fiscal yearP/EForward P/EP/SP/BEV/EBITDA
FY2029 (est.)14.42————
FY2028 (est.)15.3414.42———
FY2027 (est.)15.8615.34———
Now (TTM)8.8715.455.702.524.91
FY202614.5714.985.682.8210.36
FY202526.5114.575.743.0017.72
FY202430.4811.874.292.4219.16
FY2023214.2915.155.063.5864.09
FY202233.2538.7911.157.9138.93

Zoom Video Communications against its own history

Each figure in the latest fiscal year against the same figure from FY2022 to FY2026: the range, its median (the line) and the latest (the dot, green on the good side of the median). The P/E is today's against its daily readings of five years.

Its peers: Unity Software, PTC, SS&C Technologies Holdings, Workday, Roper Technologies, and Tyler Technologies, the US Software - Application companies closest to it in size, each in its own latest fiscal year: their median (the line) and its rank among them, first being the best.

  • P/E (today)Below its median8.9
    7.932,139.1
  • Gross marginHighest in 5 years77.0%
    74.3%77.0%
    Against its peers: 2 of 7Peers' median 71.7%
  • Operating marginAbove its median23.1%
    5.6%25.9%
    Against its peers: 3 of 7Peers' median 19.1%
  • Net marginHighest in 5 years39.0%
    2.4%39.0%
    Against its peers: 1 of 7Peers' median 13.1%
  • Return on equityAbove its median19.4%
    1.7%23.8%
    Against its peers: 2 of 7Peers' median 8.7%
  • Free cash flow marginHighest in 5 years39.5%
    26.8%39.5%
    Against its peers: 1 of 7Peers' median 28.2%
  • Revenue growthAt its median4.4%
    3.1%54.6%
    Against its peers: 5 of 7Peers' median 7.9%
  • EPS growthAt its median92.5%
    -92.4%508.8%
    Against its peers: 1 of 6Peers' median 19.0%
  • Debt to EBITDALowest in 5 years0.02×
    0.02×0.29×
    Against its peers: 1 of 7Peers' median 2.88×
  • Current ratioAt its median4.33
    3.664.56
    Against its peers: 1 of 7Peers' median 1.06

Peers: US companies of the same industry (of its sector when the industry has too few) from a tenth to ten times its market value, the six closest in size. Updated weekly.

Zoom Video Communications growth and profitability

Revenue (TTM)
4.99B USD
Net income (TTM)
3.26B USD
Gross margin
77.30%
Operating margin
23.73%
Net margin
65.19%

Revenue / Net income

Revenue Net income Net margin
PeriodRevenueGrowthNet incomeGrowthGross marginOperating marginNet marginEBITDAGrowth
FY20264.87B+4.36%1.90B+88.09%77.02%23.08%39.03%2.56B+77.66%
FY20254.67B+3.05%1.01B+58.48%75.79%17.43%21.65%1.44B+53.53%
FY20244.53B+3.06%637.46M+514.65%76.19%11.60%14.08%936.76M+182.50%
FY20234.39B+7.15%103.71M-92.46%74.95%5.59%2.36%331.60M-71.16%
FY20224.10B+54.63%1.38B+104.61%74.28%25.94%33.55%1.15B+66.95%

Zoom Video Communications revenue breakdown

By product

FY2026
100.0%Reportable
SegmentRevenueShare of revenueChange on the year
Reportable4.87B100.0%+4.4%

By region

FY2026
Americas: 72.1%EMEA: 15.8%Asia Pacific: 12.1%72.1%Americas15.8%EMEA12.1%Asia Pacific
RegionRevenueShare of revenueChange on the year
Americas3.51B72.1%+4.7%
EMEA769.91M15.8%+3.7%
Asia Pacific590.71M12.1%+3.4%

How Zoom Video Communications makes its money

Reportable4.87B 100.0%
Revenue4.87B 100.0%
Cost of revenue1.12B 23.0%
Gross profit3.75B 77.0%
Research and development844.88M 17.4%
Selling and administration1.78B 36.6%
Operating income1.12B 23.1%
Tax522.14M 10.7%
Net income1.90B 39.0%

FY2026, in USD. Each band is as wide as its money; the percentage is its share of revenue.

Zoom Video Communications financial health

Cash and short-term investments
7.25B USD
Total debt
60.27M USD
Net cash
7.19B USD
Free cash flow (TTM)
1.93B USD
Current ratio
3.83
Debt to equity
0.01
Piotroski score
4 / 9
Altman Z-score
10.23

Cash, debt and free cash flow

Cash and short-term investments Total debt Free cash flow
Fiscal yearCash and short-term investmentsTotal debtFree cash flow
FY20267.82B58.48M1.92B
FY20257.79B64.43M1.81B
FY20246.96B72.95M1.47B
FY20235.41B96.48M1.18B
FY20225.42B105.72M1.46B

Zoom Video Communications ownership

Institutions
69.25%
Institutional holders
945 (+62)
Free float
90.03%

Who owns the shares

Institutions 69.2% Others 30.8%
As of 30 Jun 2026

Shares free to trade

Free float 262.70M shares ·90.0% Closely held 29.08M shares ·10.0%

Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.

Insider trading

QuarterPurchasesSalesShares acquiredShares disposed of
Q4 2026032117.11K282.33K
Q3 2026034228.40K433.06K
Q2 2026053873.14K545.16K
Q1 20260341.54M1.72M

Shares outstanding

Basic shares Diluted shares Change in diluted shares
Fiscal yearBasic sharesDiluted sharesChange in diluted shares
FY2026300.50M307.33M-2.46%
FY2025307.98M315.07M+2.12%
FY2024300.75M308.52M+1.41%
FY2023296.56M304.23M-0.52%
FY2022296.33M305.83M+2.58%

Source: Financial Modeling Prep

Related Instruments News

Title: Zoom Communications Inc

Sector: Technology
Industry: Software - Application
Zoom Communications provides a video-first communications platform that connects people through frictionless video, voice, chat, and content sharing. The company's cloud-native platform enables video experiences and connects users across various devices and locations in a single meeting. Zoom has launched a variety of communications-related solutions, including Zoom Phone and Zoom Contact Center. The firm was founded in 2011 and serves companies of all sizes from all industries around the world.

Common questions about Zoom Video Communications stock