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Q1 '27Q4 '26Q3 '26Q2 '26Q1 '26
Profitability
Gross margin77.4%+1.5pp77%+1.2pp76.9%+1.1pp76.4%+0.5pp75.9%-0.3pp
Operating margin24.2%+6.0pp23.1%+5.6pp22.9%+6.5pp20.4%+4.2pp18.1%+2.4pp
Net margin42%+19.7pp39%+17.4pp33.2%+12.8pp25%+5.9pp22.3%+3.9pp
Returns
Return on equity21.9%+9.8pp20.3%+8.4pp17.7%+6.0pp13.6%+2.3pp12.2%+0.9pp
Return on invested capital11.1%+1.7pp10.9%+2.0pp11.2%+2.5pp10.4%+1.3pp9.4%+0.1pp
Efficiency
Asset turnover0.4×0.0×0.4×0.0×0.4×0.0×0.4×0.0×0.4×0.0×
Liquidity
Current ratio4.2×-0.3×4.3×-0.2×4.4×-0.2×4.4×-0.1×4.6×+0.1×
Leverage
Debt-to-equity0.0×0.0×0.0×0.0×0.0×
Net debt / EBITDA-0.7×+0.5×-1×+0.4×-1×+0.4×-1×+0.7×-1.2×+1.0×
Per Share
Book value per share$33.21+16.7%$31.91+12.5%$30.45+10.2%$29.04+7.0%$28.46+8.2%
Valuation
Market capitalization$28.63B+24.2%$27.27B+2.3%$26.11B+13.0%$22.4B+20.2%$23.04B+23.3%
Price / earnings13.8×-8.2×14.4×-12.0×16.4×-8.2×18.9×-2.4×22×-0.3×
Price / sales5.8×+0.9×5.6×-0.1×5.4×+0.4×4.7×+0.6×4.9×+0.8×
Price / book2.9×+0.3×2.8×-0.2×2.8×+0.1×2.5×+0.3×2.6×+0.3×
EV / EBITDA21×-1.2×20.7×-6.4×20.2×-4.9×19.2×-0.9×22.2×+1.8×

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Questions, answered.

What are Zoom Video Communications, Inc.'s profit margins?
Zoom Video Communications, Inc. (ZM) runs a 77.4% gross margin and a 24.2% operating margin, with a 42.0% net margin.
Where do Zoom Video Communications, Inc.'s ratios come from?
Every ratio is computed from Zoom Video Communications, Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.