Operating Expenses

Total Operating Expenses

Zoom Video Communications, Inc. Total Operating Expenses increased by 8.3% to $701.40M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 4.4%, from $671.72M to $701.40M. Over 4 years (FY 2022 to FY 2026), Total Operating Expenses shows an upward trend with a 7.3% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2014
Last reportedQ1 2026

How to read this metric

An increase faster than revenue growth suggests declining operating margins, while slower growth indicates effective cost control.

Detailed definition

Total operating expenses represent the sum of all costs incurred to operate the business, excluding the cost of goods so...

Peer comparison

Used to calculate operating margin; peers in the healthcare sector monitor this closely to manage profitability against R&D requirements.

Metric ID: total_operating_expenses

Historical Data

20 periods
 Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$464.93M$465.64M$488.94M$562.21M$624.91M$704.10M$764.73M$953.34M$831.68M$694.50M$696.35M$701.62M$664.91M$675.06M$710.82M$671.72M$654.72M$622.33M$647.65M$701.40M
QoQ Change+0.2%+5.0%+15.0%+11.2%+12.7%+8.6%+24.7%-12.8%-16.5%+0.3%+0.8%-5.2%+1.5%+5.3%-5.5%-2.5%-4.9%+4.1%+8.3%
YoY Change+34.4%+51.2%+56.4%+69.6%+33.1%-1.4%-8.9%-26.4%-20.1%-2.8%+2.1%-4.3%-1.5%-7.8%-8.9%+4.4%
Range$464.93M$953.34M
CAGR+9.0%
Avg YoY Growth+10.6%
Median YoY Growth-1.4%
Current Streak2 quarters growth

Frequently Asked Questions

What is Zoom Video Communications, Inc.'s total operating expenses?
Zoom Video Communications, Inc. (ZM) reported total operating expenses of $701.40M in Q4 2025.
How has Zoom Video Communications, Inc.'s total operating expenses changed year-over-year?
Zoom Video Communications, Inc.'s total operating expenses increased by 4.4% year-over-year, from $671.72M to $701.40M.
What is the long-term trend for Zoom Video Communications, Inc.'s total operating expenses?
Over 4 years (2022 to 2026), Zoom Video Communications, Inc.'s total operating expenses has grown at a 7.3% compound annual growth rate (CAGR), from $1.98B to $2.63B.
What does total operating expenses mean?
The total cost of running the business, including all non-production expenses.