Zoom ZM
Public, NASDAQ, reports in USD. Founded 2011.
Theme: Internet.
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2025-08-01 — Mature SaaS
Financials millions, USD
| Period | Revenue | Growth % | Gross margin % | R&D % | Operating income | Operating margin % | Net income | EPS (diluted) | Rule of 40 | basis |
|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 4.9bn USD | -0.0 % | 77.0 % | 17.4 % | 1.1bn USD | 23.1 % | 1.9bn USD | 6.18 | 23.1 | |
| 2025 | 4.9bn USD | 4.4 % | 76.8 % | 17.5 % | 1.1bn USD | 23.1 % | 1.0bn USD | 3.21 | 27.5 | |
| 2024 | 4.7bn USD | 3.0 % | 75.8 % | 18.3 % | 815m USD | 17.5 % | 638m USD | 2.07 | 20.5 | |
| 2023 | 4.5bn USD | 3.1 % | 75.7 % | 17.7 % | 525m USD | 11.6 % | 104m USD | 0.34 | 14.6 | |
| 2022 | 4.4bn USD | – | – | – | – | – | – | – | – | |
| 2027-Q2 | 1.3bn USD | 4.9 % | 77.2 % | 19.0 % | 314m USD | 24.6 % | 1.5bn USD | 5.15 | 29.5 | |
| 2027-Q1 | 1.2bn USD | – | 77.9 % | 18.4 % | 310m USD | 25.1 % | 426m USD | 1.42 | – | |
| 2026-Q4 | 1.2bn USD | – | 76.3 % | 17.9 % | 250m USD | 20.0 % | 674m USD | 2.22 | – | |
| 2026-Q3 | 1.2bn USD | – | 77.9 % | 17.1 % | 310m USD | 25.2 % | 613m USD | 2.01 | – | |
| 2026-Q2 | 1.2bn USD | – | 77.6 % | 17.0 % | 322m USD | 26.4 % | 359m USD | 1.16 | – |
Sources
- 2026: yfinance
- 2025: 2025_10-K_Summary_2026-07-10.xlsx
- 2024: 2025_10-K_Summary_2026-07-10.xlsx
- 2023: 2025_10-K_Summary_2026-07-10.xlsx
- 2022: 2025_10-K_Summary_2026-07-10.xlsx
- 2027-Q2: yfinance
- 2027-Q1: yfinance
- 2026-Q4: yfinance
- 2026-Q3: yfinance
- 2026-Q2: yfinance
Latest quarter 2027-Q2, ended 2026-07-31, vs 2026-Q2
| 2027-Q2 | 2026-Q2 | change | |
|---|---|---|---|
| Revenue | 1.3bn USD | 1.2bn USD | +60m (+5 %) |
| Op. margin | 24.6 % | 26.4 % | -1.8 pts |
| FCF | 472m USD | 507m USD | -36m (-7 %) |
| Op. income | 314m USD | ||
| Net income | 1.5bn USD | ||
| EPS (diluted) | 5.15 | 344.0 % |
Cash flow millions, USD
| Period | Cash from operations | Capex | Free cash flow | FCF margin % | CFO / net income % | NOPAT | Unlevered FCF | Levered FCF | Net change in cash |
|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.0bn USD | 65m USD | 1.9bn USD | 39.5 % | 104.7 % | 881m USD | 680m USD | – | -95m USD |
| 2025 | 1.9bn USD | 137m USD | 1.8bn USD | 37.1 % | 192.6 % | 864m USD | 723m USD | – | -189m USD |
| 2024 | 1.6bn USD | 127m USD | 1.5bn USD | 31.6 % | 250.8 % | 624m USD | 347m USD | – | 475m USD |
| 2023 | 1.3bn USD | 115m USD | 1.2bn USD | 26.0 % | 1244.1 % | 218m USD | -227m USD | – | 35m USD |
NOPAT = op. income × (1 − effective tax rate); UFCF = NOPAT + D&A + ΔNWC − capex; LFCF = FCF + net debt issued.
Quotes
| Price | 93.57 USD | 2026-09-15 | |
|---|---|---|---|
| Market cap | 27.3bn USD | 2026-09-15 | |
| 52w high | 114.74 USD | 2026-09-15 | |
| 52w low | 70.70 USD | 2026-09-15 | |
| EV/EBITDA | 19.0 | 2026-07-10 (stale) | |
| Off 52w high % | -18.4 % | ||
| P/S | 5.6 | ||
| Lifetime CAGR | 10.8 % |
Notes
- 2025-08-01 opinion Mature SaaS