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%+4.3pp	306.1%+2.5pp	304.9%+0.8pp	303.8%-0.1pp	303.4%-0.1pp
Operating margin	90.5%+22.4pp	84.5%+18.8pp	78.9%+18.9pp	72.3%—	68.1%—
Net margin	139.2%+55.8pp	119.5%+40.1pp	102.1%+30.3pp	89.3%—	83.4%—
EBITDA margin	101.5%+23.1pp	95.6%+20.0pp	89.9%+20.5pp	83.1%—	78.4%—
Free cash flow margin	159.7%+10.0pp	156.2%+6.6pp	155.5%+12.1pp	151.1%+15.6pp	149.8%+26.2pp
Returns
Return on equity	73.6%+26.5pp	63.8%+17.6pp	55.4%+12.2pp	49.4%—	47.1%—
Return on assets	60%+22.0pp	51.9%+14.9pp	45%+10.6pp	40%—	38%—
Return on invested capital	43.6%+7.6pp	41.9%+6.0pp	39.8%+5.9pp	37.3%—	36%—
Efficiency
Asset turnover	1.7×-0.1×	1.7×-0.1×	1.8×-0.2×	1.8×-0.2×	1.8×-0.2×
Liquidity
Current ratio	17.4×-0.8×	17.8×-0.4×	18×-0.1×	18.2×+0.4×	18.3×+1.1×
Quick ratio	17.4×-0.8×	17.8×-0.4×	18×-0.1×	18.2×+0.4×	18.3×+1.1×
Cash ratio	2.3×-0.6×	2.5×-0.7×	2.6×-0.8×	2.7×-0.9×	2.9×-0.6×
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×+2.1×	-4.2×+2.6×	-4.6×+3.1×	-5×—	-5.7×—
Interest coverage	13.6×+3.7×	12.2×+1.8×	11.3×+0.7×	10.2×—	9.9×—
Per Share
Book value per share	$124.61+11.7%	$119.86+9.5%	$116.30+8.6%	$113.48+9.8%	$111.59+12.6%
Valuation
Market capitalization	$104.41B+14.2%	$98.82B+13.5%	$98.2B+22.5%	$95.2B+26.2%	$91.44B+15.8%
Enterprise value	$99.98B+15.9%	$94.08B+15.8%	$93.38B+25.9%	$90.34B+30.5%	$86.26B+18.3%
Price / earnings	63.4×-30.8×	71.6×-23.0×	83.6×-15.5×	91.8×—	94.2×—
Price / sales	21.5×+1.9×	20.7×+1.8×	20.8×+3.2×	20.3×+3.7×	19.7×+2.2×
Price / book	11×+0.5×	10.7×+0.6×	10.9×+1.3×	10.7×+1.4×	10.4×+0.1×
EV / EBITDA	81.1×-13.4×	82.4×-10.3×	88.7×-5.9×	93.6×—	94.5×—
EV / sales	20.6×+2.1×	19.7×+2.1×	19.7×+3.5×	19.3×+4.1×	18.6×+2.4×
Free cash flow yield	29.8%-1.1pp	30.3%-1.9pp	30.1%-2.9pp	29.9%-2.8pp	30.9%+2.3pp
Earnings yield	25.6%+8.5pp	22.9%+5.9pp	19.8%+3.3pp	17.7%—	17.1%—
PEG ratio	1.1×—	1.8×—	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.