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.

Zoom Video Communications, Inc. ZM Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '27	Q4 '26	Q3 '26	Q2 '26	Q1 '26
Profitability
Gross margin	77.4%+0.4pp	77%+0.1pp	76.9%+0.5pp	76.4%+0.5pp	75.9%+0.1pp
Operating margin	24.2%+1.1pp	23.1%+0.2pp	22.9%+2.4pp	20.4%+2.3pp	18.1%+0.7pp
Net margin	42%+3.0pp	39%+5.9pp	33.2%+8.2pp	25%+2.7pp	22.3%+0.7pp
EBITDA margin	26.8%+1.0pp	25.8%+0.1pp	25.7%+2.4pp	23.3%+2.3pp	20.9%+0.9pp
Free cash flow margin	39.8%+0.2pp	39.5%-2.1pp	41.7%+2.8pp	38.8%+2.6pp	36.2%-2.5pp
Returns
Return on equity	21.9%+1.7pp	20.3%+2.5pp	17.7%+4.1pp	13.6%+1.4pp	12.2%+0.3pp
Return on assets	17.9%+1.4pp	16.6%+2.1pp	14.4%+3.4pp	11%+1.2pp	9.9%+0.2pp
Return on invested capital	11.1%+0.3pp	10.9%-0.3pp	11.2%+0.8pp	10.4%+1.0pp	9.4%+0.6pp
Efficiency
Asset turnover	0.4×0.0×	0.4×0.0×	0.4×0.0×	0.4×0.0×	0.4×0.0×
Liquidity
Current ratio	4.2×-0.1×	4.3×-0.1×	4.4×0.0×	4.4×-0.1×	4.6×0.0×
Quick ratio	4.2×-0.1×	4.3×-0.1×	4.4×0.0×	4.4×-0.1×	4.6×0.0×
Cash ratio	0.5×-0.2×	0.6×0.0×	0.6×0.0×	0.6×0.0×	0.7×-0.1×
Leverage
Debt-to-equity	0×0.0×	0×0.0×	0×0.0×	0×0.0×	0×0.0×
Debt-to-assets	0×0.0×	0×0.0×	0×0.0×	0×0.0×	0×0.0×
Net debt / EBITDA	-0.7×+0.3×	-1×0.0×	-1×+0.1×	-1×+0.2×	-1.2×+0.2×
Interest coverage	3.8×+0.4×	3.4×0.0×	3.4×+0.5×	2.9×+0.4×	2.5×0.0×
Per Share
Book value per share	$33.21+4.1%	$31.91+4.8%	$30.45+4.9%	$29.04+2.0%	$28.46+0.4%
Valuation
Market capitalization	$28.63B+5.0%	$27.27B+4.5%	$26.11B+16.5%	$22.4B-2.8%	$23.04B-13.5%
Enterprise value	$27.76B+6.6%	$26.05B+4.5%	$24.93B+17.3%	$21.25B-2.8%	$21.86B-13.8%
Price / earnings	13.8×-0.5×	14.4×-2.0×	16.4×-2.5×	18.9×-3.1×	22×-4.4×
Price / sales	5.8×+0.2×	5.6×+0.2×	5.4×+0.7×	4.7×-0.2×	4.9×-0.8×
Price / book	2.9×+0.1×	2.8×0.0×	2.8×+0.3×	2.5×-0.1×	2.6×-0.4×
EV / EBITDA	21×+0.3×	20.7×+0.5×	20.2×+1.0×	19.2×-3.0×	22.2×-4.9×
EV / sales	5.6×+0.3×	5.3×+0.2×	5.2×+0.7×	4.5×-0.2×	4.7×-0.8×
Free cash flow yield	6.9%-0.2pp	7.1%-0.6pp	7.7%-0.6pp	8.2%+0.8pp	7.4%+0.6pp
Earnings yield	7.2%+0.3pp	7%+0.9pp	6.1%+0.8pp	5.3%+0.8pp	4.6%+0.8pp
PEG ratio	0.1×0.0×	0.2×-0.1×	0.2×-0.3×	0.5×-0.3×	0.9×+0.4×

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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.