Thursday 29 October 2026 Export ZM’s income statement to Excel — free account

Zoom Communications, Inc.

Zoom Communications, Inc.’s revenue for fiscal 2026 (year ended January 2026) was $4.9 billion, up 4.36% from fiscal 2025. In the quarter to July 2026, revenue grew 4.93%, EPS grew 342.9% and free cash flow fell 7.02%, each against the same quarter a year earlier. Revenue growth for five consecutive years, operating cash flow growth for three.

97.69 2.57 −2.56%

Follow ZM

Alert me

Market cap: $29.3B
P/E: 8.8×
Fwd P/E: 11.5×
Dividend yield: —
F-score: 7/9
Altman Z: 9.77
Beneish M: −2.34
Dividend safety: n/a

Overview Business Profile Earnings & Analysis Segments Filings

Zoom Communications, Inc. (ZM) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2026: revenue by segment, and margins
Reportable Segment	4,869	100.00%
Gross margin		77.02%
Operating margin		23.08%
Pre-tax margin		49.75%

Revenue by segment $m

Line	FY2026	FY2025	FY2024	FY2023
Reportable Segment	4,869 100.00%	4,665 100.00%	4,527 100.00%	4,393 100.00%
Revenue	4,869	4,665	4,527	4,393

Revenue by region $m

Line	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Americas	3,508 72.05%	3,351 71.83%	3,229 71.32%	3,054 69.52%	2,734 66.69%	1,832 69.08%	501 80.40%	270 81.73%	125 82.80%
Europe, Middle East, and Africa (“EMEA”)	770 15.81%	743 15.92%	727 16.05%	748 17.03%	802 19.55%	487 18.36%	71 11.38%	33 9.88%	12 8.18%
Asia Pacific (“APAC”)	591 12.13%	571 12.25%	572 12.63%	591 13.44%	564 13.76%	333 12.55%	51 8.22%	28 8.39%	14 9.01%
Revenue	4,869	4,665	4,527	4,393	4,100	2,651	623	331	151

Operating figures as reported in each quarter’s results release or filing

Figure	Quarter	Latest	A year before	Change
Customers contributing more than $100,000 in trailing 12 months revenue	Q2 FY2027	4.6K	4.3K	+8.21%
Online average monthly churn	Q2 FY2027	2.90%	2.90%	—
Percentage of total Online MRR from Online customers with a continual term of service of at least 16 months	Q2 FY2027	75.6%	74.9%	—
Remaining performance obligations	Q2 FY2027	$4.5B	$4.0B	+14.08%
Trailing 12-month net dollar expansion rate for Enterprise customers	Q2 FY2027	99.0%	98.0%	—

	Q2 FY2027	Q1 FY2027	Q4 FY2026	Q3 FY2026	Q2 FY2026	Q1 FY2026	Q4 FY2025	Q3 FY2025	Q2 FY2025	Q1 FY2025	Q4 FY2024	Q3 FY2024	Q2 FY2024	Q1 FY2024	Q4 FY2023	Q3 FY2023	Q2 FY2023	Q1 FY2023	Q4 FY2022	Q3 FY2022	Q2 FY2022	Q1 FY2022	Q4 FY2021	Q3 FY2021	Q2 FY2021	Q1 FY2021	Q4 FY2020	Q3 FY2020	Q2 FY2020
Customers contributing more than $100,000 in trailing 12 months revenue	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Online average monthly churn	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Percentage of total Online MRR from Online customers with a continual term of service of at least 16 months	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Remaining performance obligations	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Trailing 12-month net dollar expansion rate for Enterprise customers	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡

As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.