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

	TTM Q1 '27	TTM Q4 '26	TTM Q3 '26	TTM Q2 '26	TTM Q1 '26
Profitability
Gross margin	307.7%+1.5pp	306.1%+1.2pp	304.9%+1.1pp	303.8%+0.5pp	303.4%-0.3pp
Operating margin	90.5%+6.0pp	84.5%+5.6pp	78.9%+6.5pp	72.3%+4.2pp	68.1%+2.4pp
Net margin	139.2%+19.7pp	119.5%+17.4pp	102.1%+12.8pp	89.3%+5.9pp	83.4%+3.9pp
EBITDA margin	101.5%+5.9pp	95.6%+5.7pp	89.9%+6.8pp	83.1%+4.7pp	78.4%+2.8pp
Free cash flow margin	159.7%+3.5pp	156.2%+0.7pp	155.5%+4.4pp	151.1%+1.3pp	149.8%+0.2pp
Returns
Return on equity	73.6%+9.8pp	63.8%+8.4pp	55.4%+6.0pp	49.4%+2.3pp	47.1%+0.9pp
Return on assets	60%+8.1pp	51.9%+6.9pp	45%+5.0pp	40%+2.0pp	38%+1.0pp
Return on invested capital	43.6%+1.7pp	41.9%+2.0pp	39.8%+2.5pp	37.3%+1.3pp	36%+0.1pp
Efficiency
Asset turnover	1.7×0.0×	1.7×0.0×	1.8×0.0×	1.8×0.0×	1.8×0.0×
Liquidity
Current ratio	17.4×-0.3×	17.8×-0.2×	18×-0.2×	18.2×-0.1×	18.3×+0.1×
Quick ratio	17.4×-0.3×	17.8×-0.2×	18×-0.2×	18.2×-0.1×	18.3×+0.1×
Cash ratio	2.3×-0.2×	2.5×-0.1×	2.6×-0.1×	2.7×-0.2×	2.9×-0.4×
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	-3.6×+0.5×	-4.2×+0.4×	-4.6×+0.4×	-5×+0.7×	-5.7×+1.0×
Interest coverage	13.6×+1.4×	12.2×+0.9×	11.3×+1.1×	10.2×+0.3×	9.9×-0.5×
Per Share
Book value per share	$124.61+4.0%	$119.86+3.1%	$116.30+2.5%	$113.48+1.7%	$111.59+2.0%
Valuation
Market capitalization	$104.41B+5.7%	$98.82B+0.6%	$98.2B+3.2%	$95.2B+4.1%	$91.44B+5.0%
Enterprise value	$99.98B+6.3%	$94.08B+0.7%	$93.38B+3.4%	$90.34B+4.7%	$86.26B+6.2%
Price / earnings	63.4×-8.2×	71.6×-12.0×	83.6×-8.2×	91.8×-2.4×	94.2×-0.3×
Price / sales	21.5×+0.9×	20.7×-0.1×	20.8×+0.4×	20.3×+0.6×	19.7×+0.8×
Price / book	11×+0.3×	10.7×-0.2×	10.9×+0.1×	10.7×+0.3×	10.4×+0.3×
EV / EBITDA	81.1×-1.2×	82.4×-6.4×	88.7×-4.9×	93.6×-0.9×	94.5×+1.8×
EV / sales	20.6×+1.0×	19.7×-0.1×	19.7×+0.5×	19.3×+0.7×	18.6×+1.0×
Free cash flow yield	29.8%-0.5pp	30.3%+0.3pp	30.1%+0.2pp	29.9%-1.0pp	30.9%-1.4pp
Earnings yield	25.6%+2.7pp	22.9%+3.2pp	19.8%+2.0pp	17.7%+0.6pp	17.1%+0.1pp
PEG ratio	1.1×-0.7×	1.8×-0.3×	2.1×—	——	——

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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.