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
How to read this metric
An increase suggests strong sales of subscription-based services or bundled offerings, providing a predictable pipeline for future revenue recognition.
Detailed definition
Represents cash payments received from customers in advance of the company fulfilling its performance obligations, speci...
Peer comparison
High-growth software and services companies typically maintain larger deferred revenue balances relative to pure hardware manufacturers.
deferred_revenue_currentHistorical Data
| 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% |
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?
- Money collected from customers for products or services that haven't been delivered yet but will be within a year.