Current Liabilities
Deferred Revenue
Zoom Video Communications, Inc. Deferred Revenue decreased by 1.4% to $1.41B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 5.6%, from $1.34B to $1.41B. Over 5 years (FY 2021 to FY 2026), Deferred Revenue shows an upward trend with a 10.5% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ4 2018
Last reportedQ1 2026
How to read this metric
An increase is generally positive, signaling strong future demand and cash collection, while a decrease indicates the fulfillment of obligations.
Detailed definition
This represents payments received from customers for goods or services that have not yet been delivered or performed. It...
Peer comparison
Common in subscription and long-term contract businesses; highly indicative of future revenue visibility.
Metric ID:
deferred_revenue_currentHistorical Data
20 periods
| Q1 '21 | Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.07B | $1.15B | $1.16B | $1.14B | $1.29B | $1.35B | $1.31B | $1.27B | $1.34B | $1.35B | $1.30B | $1.25B | $1.34B | $1.39B | $1.36B | $1.34B | $1.41B | $1.47B | $1.43B | $1.41B |
| QoQ Change | — | +8.0% | +0.6% | -1.7% | +12.7% | +4.6% | -2.8% | -3.2% | +5.6% | +0.9% | -3.9% | -3.5% | +6.7% | +4.2% | -2.0% | -2.0% | +5.4% | +4.0% | -2.3% | -1.4% |
| YoY Change | — | — | — | — | +20.3% | +16.6% | +12.6% | +11.0% | +4.0% | +0.3% | -0.8% | -1.2% | -0.1% | +3.1% | +5.1% | +6.8% | +5.5% | +5.3% | +5.0% | +5.6% |
Range$1.07B – $1.47B
CAGR+6.0%
Avg YoY Growth+6.2%
Median YoY Growth+5.2%
Current Streak2 quarters decline
Deferred Revenue at Other Companies
Frequently Asked Questions
- What is Zoom Video Communications, Inc.'s deferred revenue?
- Zoom Video Communications, Inc. (ZM) reported deferred revenue of $1.41B in Q4 2025.
- How has Zoom Video Communications, Inc.'s deferred revenue changed year-over-year?
- Zoom Video Communications, Inc.'s deferred revenue increased by 5.6% year-over-year, from $1.34B to $1.41B.
- What is the long-term trend for Zoom Video Communications, Inc.'s deferred revenue?
- Over 5 years (2021 to 2026), Zoom Video Communications, Inc.'s deferred revenue has grown at a 10.5% compound annual growth rate (CAGR), from $858.28M to $1.41B.
- What does deferred revenue mean?
- Cash received from customers for work that has not yet been completed.