Zoom Communications, Inc. (ZM) Revenue History
Annual and quarterly revenue from 2017 to 2026
Compound Annual Growth Rate (CAGR)
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ZM Revenue Growth
Revenue Breakdown (FY 2025)
ZM's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
ZM Revenue Analysis (2017–2026)
As of May 6, 2026, Zoom Communications, Inc. (ZM) generated trailing twelve-month (TTM) revenue of $4.87 billion, reflecting solid growth of +5.3% year-over-year. The most recent quarter (Q4 2026) recorded $1.25 billion in revenue, up 1.4% sequentially.
Looking at the longer-term picture, ZM's 5-year compound annual growth rate (CAGR) stands at +12.9%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $4.87 billion in 2026, representing a new all-time high.
Revenue diversification analysis shows ZM's business is primarily driven by Reportable Segment (100%). With over half of revenue concentrated in Reportable Segment, the company maintains significant focus in this area while developing other growth vectors.
When compared to Technology sector peers including MSFT (+17.9% YoY), GOOGL (+17.5% YoY), and CSCO (+9.0% YoY), ZM has underperformed the peer group in terms of revenue growth. Compare ZM vs MSFT →
ZM Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| ZMCurrent | $4.9B | +5.3% | +12.9% | 23.1% | |
 MSFT | $281.7B | +17.9% | +14.5% | 45.6% | |
 GOOGL | $403.0B | +17.5% | +17.2% | 32.1% | |
 CSCO | $56.7B | +9.0% | +2.8% | 20.8% | |
 RNG | $2.5B | +4.8% | +16.3% | 5.0% | |
 NICE | $3.0B | +7.9% | +12.5% | 22.2% |
ZM Historical Revenue Data (2017–2026)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2026 | $4.87B | +4.4% | $3.75B | 77.0% | $1.12B | 23.1% |
| 2025 | $4.67B | +3.1% | $3.54B | 75.8% | $813.3M | 17.4% |
| 2024 | $4.53B | +3.1% | $3.45B | 76.2% | $525.3M | 11.6% |
| 2023 | $4.39B | +7.1% | $3.29B | 74.9% | $245.4M | 5.6% |
| 2022 | $4.10B | +54.6% | $3.05B | 74.3% | $1.06B | 25.9% |
| 2021 | $2.65B | +325.8% | $1.83B | 69.0% | $659.8M | 24.9% |
| 2020 | $622.7M | +88.4% | $507.3M | 81.5% | $12.7M | 2.0% |
| 2019 | $330.5M | +118.2% | $269.5M | 81.5% | $6.2M | 1.9% |
| 2018 | $151.5M | +149.1% | $120.7M | 79.7% | $-4,833,000 | -3.2% |
| 2017 | $60.8M | - | $48.3M | 79.5% | $0 | - |
Full ZM Stock Analysis
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Start ComparisonZM — Frequently Asked Questions
Quick answers to the most common questions about buying ZM stock.
Is ZM's revenue growth accelerating or slowing?
ZM maintains +5.3% revenue growth, in line with its 5-year CAGR of +12.9%. TTM revenue stands at $4.9B. Growth rate remains consistent with historical average.
What is ZM's long-term revenue growth rate?
Zoom Communications, Inc.'s 5-year revenue CAGR of +12.9% reflects the sustained expansion pattern. Current YoY growth of +5.3% is near this long-term average.
How is ZM's revenue distributed by segment?
ZM reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2017-2026 are available for download. Segment mix reveals concentration and diversification trends.