Operating Expenses
Total Operating Expenses
Zoom Video Communications, Inc. Total Operating Expenses increased by 8.3% to $701.40M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 4.4%, from $671.72M to $701.40M. Over 4 years (FY 2022 to FY 2026), Total Operating Expenses shows an upward trend with a 7.3% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ4 2013
Last reportedQ4 2025
How to read this metric
Rising expenses without a corresponding rise in revenue can indicate operational bloat or aggressive expansion efforts.
Detailed definition
The sum of all costs required to run the business that are not directly tied to production, including R&D and SG&A. It r...
Peer comparison
Investors compare this to revenue to assess the 'operating leverage' of a business model.
Metric ID:
total_operating_expensesHistorical Data
20 periods
| 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 | $464.93M | $465.64M | $488.94M | $562.21M | $624.91M | $704.10M | $764.73M | $953.34M | $831.68M | $694.50M | $696.35M | $701.62M | $664.91M | $675.06M | $710.82M | $671.72M | $654.72M | $622.33M | $647.65M | $701.40M |
| QoQ Change | — | +0.2% | +5.0% | +15.0% | +11.2% | +12.7% | +8.6% | +24.7% | -12.8% | -16.5% | +0.3% | +0.8% | -5.2% | +1.5% | +5.3% | -5.5% | -2.5% | -4.9% | +4.1% | +8.3% |
| YoY Change | — | — | — | — | +34.4% | +51.2% | +56.4% | +69.6% | +33.1% | -1.4% | -8.9% | -26.4% | -20.1% | -2.8% | +2.1% | -4.3% | -1.5% | -7.8% | -8.9% | +4.4% |
Range$464.93M – $953.34M
CAGR+9.0%
Avg YoY Growth+10.6%
Median YoY Growth-1.4%
Current Streak2 quarters growth
Total Operating Expenses at Other Companies
Frequently Asked Questions
- What is Zoom Video Communications, Inc.'s total operating expenses?
- Zoom Video Communications, Inc. (ZM) reported total operating expenses of $701.40M in Q4 2025.
- How has Zoom Video Communications, Inc.'s total operating expenses changed year-over-year?
- Zoom Video Communications, Inc.'s total operating expenses increased by 4.4% year-over-year, from $671.72M to $701.40M.
- What is the long-term trend for Zoom Video Communications, Inc.'s total operating expenses?
- Over 4 years (2022 to 2026), Zoom Video Communications, Inc.'s total operating expenses has grown at a 7.3% compound annual growth rate (CAGR), from $1.98B to $2.63B.
- What does total operating expenses mean?
- The total cost of running the day-to-day business, excluding the direct cost of making products.