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Zoom Communications, Inc. ZM AI

Technology · Software - Application · United States
https://www.zoom.com
Company Profile ↓
$96.07
+35.37% 1Y
Mkt Cap$28.17B
P/E14.15
P/B2.89
52W High$111.88
52W Low$69.77
Book Value$33.19
EPS (TTM)$6.79

Company Overview

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.

Why Investors Should Care

Strong Return on Equity

Generates a return on equity of 21.9%, reflecting efficient use of shareholder capital.

Consistent Profit Growth

Net profit has compounded at 163.6% per year over the last five years.

Reasonable Valuation

Trades at a P/E of 14.1, below the sector median of 34.6.

Healthy Margins

Maintains a net profit margin of 42.0%.

Positive Free Cash Flow

Generates positive free cash flow, funding growth and shareholder returns internally.

Recent Developments

  • Jan 2026 Revenue of $4.87B (+4.4% YoY); net profit $1.90B.
  • Trailing 12 Months Year-on-year growth — revenue +5.5%, earnings +74.2%.
  • 5-Year Trend Long-term compounding — revenue CAGR 3.5%, profit CAGR 163.6%.

Growth & Price Performance

Compounded Sales Growth

5 Years:3.49%
1 Year:5.50%

Compounded Profit Growth

5 Years:163.63%
1 Year:74.20%

Stock Price Performance

1 Year:+35.37%
6 Months:+3.77%
3 Months:-1.11%
1 Month:+6.59%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

Technical Snapshot Bullish
52-Week Range 62% of range
$69.77 $111.88
Trend Signals
  • Price vs 50-DMAAbove
  • Price vs 200-DMAAbove
  • RSI (14)60.82 · Neutral
Price Performance
1M+6.59%
3M-1.11%
6M+3.77%
1Y+35.37%
Valuation vs Sector

P/E of 14.15 is below the sector median of 34.58 — relatively cheaper than peers.

Auto-generated from price history and fundamentals; not investment advice.

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Price Chart

Robinhood TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

  • Strong return on equity of 21.9%.
  • Excellent profit margin of 42.0%.
  • Profit CAGR of 163.6% over 5 years.
  • Generates positive free cash flow.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

No notable concerns flagged.

* The pros and cons are auto-generated from financial metrics.

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Valuation

Stock P/E
14.15
Industry PE
34.58
Forward P/E
15.25
PEG Ratio
4.21
Book Value
$33.19
Price to Book
2.89
P/S
5.71
EV/EBITDA
15.29
Dividend Yield
0.00%

Growth (CAGR)

Revenue 5Y
3.49%
Profit 5Y
163.63%
Revenue (YoY)
5.50%
Earnings (YoY)
74.20%

Profitability & Returns

ROCE
11.28%
ROE
21.95%
ROA
6.55%
Profit Margin
41.99%
Op Margin
25.06%
Gross Margin
77.77%
EPS (Latest Qtr)
$1.42
EPS (TTM)
$6.79

Balance Sheet & Liquidity

Debt/Equity
0.60
Quick Ratio
4.03
Current Ratio
4.22
Debt
$60.21M
Total Assets
$12.16B
Current Assets
$8.58B
Working Capital
$6.66B

Ownership

Promoter Holding
0.23%
Chg in Prom Hold
-
FII / Inst Holding
78.36%
Chg in FII Hold
-

Financial Snapshot

Enterprise Value
$20.51B
Total Revenue (TTM)
$4.93B
EBITDA
$1.34B
Free Cash Flow
$1.98B
Operating Cash Flow
$2.02B
Shares Outstanding
264.65M
Gross Margin
77.77%
Payout Ratio
0.00%

Peer comparison

Peer companies in the same sector (Technology).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 ZM Zoom Communications, Inc. AI 96.07 14.15 $28.17B 0.00% 11.28% 21.95% 3.49% 163.63%
2 NVDA NVIDIA Corporation NDXSPXAI 200.75 30.79 $4.86T 0.47% 74.66% 114.29% 24.64% 32.12%
3 AAPL Apple Inc. NDXSPX 308.91 37.35 $4.54T 0.37% 68.72% 141.47% 1.81% 3.92%
4 MSFT Microsoft Corporation NDXSPXAI 464.72 28.15 $3.45T 0.95% 26.90% 34.01% 9.48% 10.85%
5 TSM Taiwan Semiconductor Manufacturing Company Limited AI 404.25 35.09 $2.10T 0.90% 30.20% 36.21% 18.94% 19.57%
6 AVGO Broadcom Inc. NDXSPXAI 389.28 64.13 $1.85T 0.68% 16.70% 37.28% 24.38% 26.24%
7 MU Micron Technology, Inc. NDXSPXAI 823.03 18.60 $929.52B 0.05% 13.69% 66.64% 13.68% 26.02%
8 AMD Advanced Micro Devices, Inc. NDXSPXAI 476.15 155.10 $776.41B 0.00% 6.33% 8.06% 13.64% 48.64%
9 ASML ASML Holding N.V. NDXAI 1,629.00 53.66 $627.85B 0.51% 42.97% 52.24% 15.55% 19.55%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in USD.

Metric Apr 2025Jul 2025Oct 2025Jan 2026Apr 2026
Revenue 1.17B1.22B1.23B1.25B1.24B
Cost of Revenue 278.40M273.17M271.77M295.70M274.29M
Gross Profit 896.31M944.06M958.07M951.29M964.72M
Operating Expenses 654.72M622.33M647.65M701.40M654.25M
Operating Income 241.59M321.74M310.41M249.89M310.47M
EBITDA 276.91M353.90M342.81M282.85M343.25M
Interest Expense -----
Pretax Income 315.76M448.16M794.71M863.65M531.62M
Tax Provision 61.16M89.57M181.84M189.57M105.94M
Net Income 254.60M358.59M612.87M674.08M425.68M
Diluted EPS 0.811.162.012.221.42

Profit & Loss (Annual)

Figures in USD.

Metric Jan 2022Jan 2023Jan 2024Jan 2025Jan 2026
Revenue -4.39B4.53B4.67B4.87B
Cost of Revenue -1.10B1.08B1.13B1.12B
Gross Profit -3.29B3.45B3.54B3.75B
Operating Expenses -3.05B2.92B2.72B2.63B
Operating Income -245.43M525.28M813.29M1.12B
EBITDA -327.75M629.73M935.93M1.26B
Interest Expense -----
Pretax Income -249.28M832.31M1.32B2.42B
Tax Provision -145.56M194.85M305.35M522.14M
Net Income -103.71M637.46M1.01B1.90B
Diluted EPS -0.342.073.216.18

Balance Sheet (Annual)

Figures in USD.

Metric Jan 2022Jan 2023Jan 2024Jan 2025Jan 2026
Total Assets -8.13B9.93B10.99B11.96B
Current Assets -6.36B7.93B8.68B8.66B
Cash & Equivalents -1.09B1.56B1.35B1.27B
Inventory -----
Receivables -557.40M536.08M495.23M497.34M
Total Liabilities -1.92B1.91B2.05B2.15B
Current Liabilities -1.74B1.76B1.90B2.00B
Long Term Debt -----
Total Debt -96.48M72.95M64.43M58.48M
Total Equity -6.21B8.02B8.94B9.81B
Shares Outstanding -293.82M307.56M305.74M295.53M

Cash Flows (Annual)

Figures in USD.

Metric Jan 2022Jan 2023Jan 2024Jan 2025Jan 2026
Operating Cash Flow -1.29B1.60B1.95B1.99B
Investing Cash Flow --318.32M-1.18B-1.11B-278.90M
Financing Cash Flow --936.94M60.19M-1.03B-1.81B
Capital Expenditure --115.09M-126.95M-136.56M-65.46M
Free Cash Flow -1.18B1.47B1.81B1.92B
Net Change in Cash -35.00M475.33M-188.79M-95.21M

Ratios (Annual)

Figures in %.

Metric Jan 2022Jan 2023Jan 2024Jan 2025Jan 2026
Gross Margin % -74.9%76.2%75.8%77.0%
Operating Margin % -5.6%11.6%17.4%23.1%
Net Margin % -2.4%14.1%21.7%39.0%
ROE % -1.7%7.9%11.3%19.4%
ROCE % -3.8%6.4%9.0%11.3%

Shareholding Pattern

Insiders
0.23%
Institutions
78.36%
Public Float
78.55%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 6.72% 17.78M $1.71B
2 Vanguard Portfolio Management LLC 5.06% 13.40M $1.29B
3 Vanguard Capital Management LLC 4.34% 11.49M $1.10B
4 JPMORGAN CHASE & CO 3.43% 9.08M $871.87M
5 AQR Capital Management, LLC 3.16% 8.36M $803.34M
6 State Street Corporation 2.96% 7.83M $752.10M
7 FMR, LLC 2.89% 7.66M $735.92M
8 Geode Capital Management, LLC 1.99% 5.27M $506.08M
9 Citadel Advisors Llc 1.60% 4.23M $406.45M
10 T. Rowe Price Investment Management, Inc. 1.58% 4.18M $401.71M

Analyst View

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Latest News

Recent headlines for ZM

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ZM — Frequently Asked Questions

What is the current share price of Zoom Communications, Inc. (ZM)?

As of 2026-08-02 19:16 PDT, Zoom Communications, Inc. (ZM) trades at $96.07 on NasdaqGS. Its 52-week range is $69.77 to $111.88.

What is the market capitalisation of ZM?

Zoom Communications, Inc. (ZM) has a market capitalisation of $28.17B on NasdaqGS.

What is the P/E ratio of ZM?

ZM trades at a trailing price-to-earnings (P/E) ratio of 14.15. The industry average P/E is 34.58. Its price-to-book (P/B) ratio is 2.89.

What is the return on equity (ROE) of ZM?

ZM has a return on equity (ROE) of 21.95%. Its return on capital employed (ROCE) is 11.28%.

Is ZM a good stock to buy?

This page provides a data-driven analysis of Zoom Communications, Inc. (ZM), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

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