TTM
39.7%
YoY change
+0.75pp
Trough year (2019)
6.3%
Peak year (2021)
52.3%
Latest annual
39.5%
FCF Margin history chart for Zoom Communications (ZM) from 2017 to 2026
Latest: 39.5%
FCF Margin change chart for Zoom Communications (ZM) from 2017 to 2026
Latest: +0.75pp
FCF Margin history table for Zoom Communications (ZM) from 2017 to 2026
| 2026 | 39.5% | +0.75pp | ||
| 2025 | 38.8% | +6.26pp | ||
| 2024 | 32.5% | +5.76pp | ||
| 2023 | 26.8% | -8.85pp | ||
| 2022 | 35.6% | -16.65pp | ||
| 2021 | 52.3% | +34.00pp | ||
| 2020 | 18.3% | +11.94pp | ||
| 2019 | 6.3% | -0.08pp | ||
| 2018 | 6.4% | -1.06pp | ||
| 2017 | 7.5% | — |
- 202639.5%+0.75pp
- 202538.8%+6.26pp
- 202432.5%+5.76pp
- 202326.8%-8.85pp
- 202235.6%-16.65pp
- 202152.3%+34.00pp
- 202018.3%+11.94pp
- 20196.3%-0.08pp
- 20186.4%-1.06pp
- 20177.5%—
FCF Margin values are taken from Zoom Communications's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About FCF Margin at Zoom Communications (ZM)
According to Zoom Communications's latest reported financial statements, the company's latest reported free cash flow margin is 39.7%. Free cash flow margin is free cash flow divided by revenue — the share of each sales dollar that converts into cash after capital expenditures. Because free cash flow cannot be inflated by non-cash accounting, FCF margin is a clean read on how efficiently a business turns revenue into deployable cash.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
The 2026 reading of Zoom Communications (ZM) free cash flow margin is 39.52% – expanded 0.7 percentage points year-over-year.
The record annual free cash flow margin stands at 52.25%, reached in 2021; the historical low of 6.32% was recorded in 2019.
Zoom Communications FCF Margin by Year
Zoom Communications FCF Margin 2026: 39.5%
Zoom Communications posted free cash flow margin of 39.52% in 2026, expanded 0.7 percentage points from 2025.
Zoom Communications FCF Margin 2025: 38.8%
In 2025, Zoom Communications reported free cash flow margin of 38.77%, expanded 6.3 percentage points from 2024.
Zoom Communications FCF Margin 2024: 32.5%
Zoom Communications free cash flow margin in 2024 was 32.51%, expanded 5.8 percentage points from 2023.
Zoom Communications FCF Margin 2023: 26.8%
2023's free cash flow margin for Zoom Communications came in at 26.75%, contracted 8.9 percentage points from 2022.
Zoom Communications FCF Margin 2022: 35.6%
Zoom Communications free cash flow margin in 2022 was 35.60%.
See more financial history for Zoom Communications (ZM).
Sector peers by FCF Margin
Technology peers of Zoom Communications (ZM), ranked by their latest free cash flow margin
| 47.0% | |
| 43.4% | |
| 28.6% | |
| 26.6% | |
| 25.5% | |
| 22.9% | |
| 22.9% | |
| 17.7% |
- 47.0%
- 43.4%
- 28.6%
- 26.6%
- 25.5%
- 22.9%
- 22.9%
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