Zoom Communications, Inc.: stock overview

ZMNASDAQTechnology · Services-Computer Programming, Data Processing, Etc.

Price

$99.80

November 13, 2026Market cap $30.0B

DCF calculator

What Ploutos Investor adds for Zoom Communications

Part of Ploutos Investor, €9.99 a month

See the plans

The full history: 9 fiscal years, from FY2018
The estimated fair value, with its range and its certainty
The full analysis, 18 a month
More questions to the chat on its filings
Excel with every year
An email when it reports, changes its dividend or an officer buys

Notes on these figures

Profit over the last twelve months is well above what the business itself earned, because it includes large gains outside the business, such as on investments or from selling a business. The P/E is lower than the business alone would give.

In short

Zoom Communications had revenue of $5.0B over the last 12 months and net income of $3.3B, a net margin of 65.2%. Revenue grew by 12.9% a year on average over the last 5 years. At $99.80 the shares trade at a P/E of 9.2, against a median of 29.2 over the last 4 fiscal years. It holds more cash than debt, by $7.2B. It pays no dividend.

From its SEC filings (latest fiscal year to January 31, 2026) and the price of November 13, 2026.

Its SEC filings

Market cap: $30.0B; 301M shares
P/E: 9.2; Today9.2
Median29.2
Revenue, 12 months: $5.0B; +12.9% a year over 5 years
Net margin: 65.2%; FY2025: 39.0%, above 97% of its industry

Worth knowing

What a holder would want to hear from the company's SEC filings of the last three years. Each with its filing, without comment.

3 fiscal years in figures

Each fiscal year's figures as the company filed them, and the share price at its end.

FY2024–FY2026 fiscal years

+3.7% a year over 2 years

FY2026Jan 31, 202610-K
Revenue$4.9B
FY2025Jan 31, 202510-K
Revenue$4.7B
FY2024Jan 31, 202410-K
Revenue$4.5B

Year	Revenue	Net income	EPS	Free cash flow	Dividend per share	Price
FY2026Jan 31, 202610-K	$4.9B	$1.9B	$6.18	$1.9B	–	$92.10
FY2025Jan 31, 202510-K	$4.7B	$1.0B	$3.21	$1.8B	–	$86.94
FY2024Jan 31, 202410-K	$4.5B	$637M	$2.07	$1.5B	–	$64.61

Fiscal years in figures

ZM's revenue, profit, cash flow and dividend with each year-end price, from FY2018 to FY2023, 6 more fiscal years

Part of Ploutos Investor, €9.99 a month

See the plans

Key figures

The company's current figures in five groups. Each term is explained behind its ⓘ.

Valuation

Market cap 3-year median: $26.8B: $30.0B
Enterprise value: $22.7B
P/E 3-year median: 27.1: 9.2
EV / EBIT: 19.2
EV / Revenue: 4.6
P/B 3-year median: 2.8: 2.7
FCF yield 3-year median: 7.0%: 6.4%
Earnings yield 3-year median: 3.7%: 10.9%

Profitability

Gross margin: 77.3%
Operating margin: 23.7%
Net margin 3-year median: 21.7%: 65.2%
ROIC: 9.3%
ROIC, 5-year average: 7.8%
ROE: 33.0%

Growth

Revenue, yearly change: +4.4%
EPS, yearly change: +92.5%
FCF, yearly change: +6.4%
Revenue, average a year: +12.9%
EPS, average a year: +22.4%

The yearly change compares FY2026 with FY2025.

Balance sheet

Cash: $7.2B
Total debt: $60M
Of which operating leases: $60M
Net cash: $7.2B
Net debt / EBITDA: -5.5x
Interest cover: –
Current ratio: 3.83

Balance sheet of July 31, 2026.

Returns to shareholders

Dividend yield: 0.00%
Buybacks: 5.40%
Total returned: 5.40%
Shares, yearly change: -2.4%

Valuation against its own pastEach fiscal year's P/E, P/FCF and P/B beside today's, and the DCF calculator for the company.Valuation

Against its industry

Where its margins and returns stood in fiscal 2025 among the SEC filers of its industry (SIC code 73).

Gross margin

77.0%

Above 77% of the 293 companies in its industry, and 93% of all.

Operating margin

23.1%

Above 89% of the 462 companies in its industry, and 87% of all.

Net margin

39.0%

Above 97% of the 473 companies in its industry, and 96% of all.

ROE

19.4%

Above 78% of the 398 companies in its industry, and 83% of all.

ROA

15.9%

Above 92% of the 462 companies in its industry, and 95% of all.

Revenue growth

4.4%

Above 34% of the 461 companies in its industry, and 43% of all.

From the yearly figures every company files with the SEC, for those with revenue of at least $25 million. The industry is the first two digits of the SIC code.

The company at the SEC

How it is registered and when its fiscal year ends.

Name at the SEC: Zoom Communications, Inc.
CIK: 1585521
Exchange: NASDAQ
Industry (SIC): 7370 · Services-Computer Programming, Data Processing, Etc.
Fiscal year ends: January 31
Latest annual report: January 31, 2026
Reporting currency: USD
Shares: 301M

Other companies: Technology

The largest companies of the same sector, each with its own page.

NVDANVIDIA+0,00%

Compare with ZM
AAPLApple+0,00%

Compare with ZM
MSFTMicrosoft+0,00%

Compare with ZM
AVGOBroadcom+0,00%

Compare with ZM
MUMicron Technology+0,00%

Compare with ZM
AMDAdvanced Micro Devices+0,00%

Compare with ZM
AMATApplied Materials+0,00%

Compare with ZM
INTCIntel+0,00%

Compare with ZM

The Technology sector All companies

The full analysis

What do Zoom Communications's filings show?

These are Zoom Communications's figures. The full Ploutos AI analysis reads everything the company has filed and shows what stands behind it, with a source for every figure.

A fair value range built from the filings
Earnings quality, debt and red flags
Insider and institutional moves
The case for and the case against

Questions about ZM

Didn't find what you were looking for?

Ask us

What is ZM's market cap?

Zoom Communications, Inc.'s market cap is $30.0B, at a price of $99.80 on November 13, 2026 and 301M shares.

What is ZM's P/E?

ZM's P/E is 9.2, on earnings per share of $10.79 over the last 12 months. The median over the last 4 fiscal years was 29.2.

How much revenue does ZM have?

Zoom Communications had revenue of $5.0B over the last 12 months. Over the last 5 years it changed by +12.9% a year on average.

Does ZM pay a dividend?

No. Zoom Communications paid no regular dividend over the last 12 months.

Where do the figures come from?

From Zoom Communications, Inc.'s SEC filings (10-K and 10-Q) and the share price. They hold no analyst estimates and no score, and they are not a recommendation.

The other pages on US stocks, free to read. On the company pages, the last three fiscal years are open to everyone, five with a free account, and every year with Ploutos Investor.

US stocksThe market today, the sectors, the largest companies and the week's results.The market's sectorsThe 11 sectors side by side: returns, share of the market, median P/E and dividend.Compare stocksTwo companies side by side: price over up to ten years, with and without dividends, and every figure.US dividend stocksEach dividend's yield next to whether the company's cash covers it and whether it was ever cut.

The figures come from the company's SEC filings and the share price, and describe what it has reported. They are not a score or a fair value.