Zoom Communications, Inc.
Services-Computer Programming, Data Processing, Etc.
Zoom Communications provides a video-first communications platform that connects people through frictionless video, voice, chat, and content sharing. The company's cloud-native platform enables video experiences and connects users across various devices and locations in a single meeting.
It is a $28.5B technology company. Revenue grew 5.0% over the last year, and it keeps 65¢ of every dollar of sales as profit. It trades at 8.1× earnings — near the lowest of its own history.
- Website
- zoom.com
- Location
- San Jose, CA
- Employees
- 7 438
- Sector
- Technology
Skills
Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.
Strong profitability and moat; Growth and Health lag behind.
Valuation69
- P/E vs own history2th pct · 25/25
- FCF yield6.7% · 20/25
- P/S5.3x · 12/25
- EV/EBITDA19.4x · 12/25
Growth43
- Revenue CAGR4.4% · 6/25
- Net income CAGR8.4% · 12/25
- EPS CAGR ~5Y22.3% · 25/25
- Fwd implied growth-43.8% · 0/25
Profitability95
- ROIC95.4% · 25/25
- ROE32.3% · 25/25
- Net margin65.2% · 25/25
- Operating margin23.7% · 20/25
Health43
- Altman Zn/a · 0/25
- Current ratio3.83 · 25/25
- Interest coverage7.6x · 18/25
- Net cash / debtn/a · 0/25
Quality62
- Piotroski F6/9 · 15/25
- Beneish M-2.35 · 20/25
- FCF conversion59% · 15/25
- Margin stabilityσ 8.8% · 12/25
Moat87
- ROIC >12% years5/5 yrs · 25/25
- Median gross margin75.8% · 25/25
- FCF-positive years7/7 yrs · 25/25
- Worst-year net marginworst 2.4% · 12/25
Experience
The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.
- FY2026FinancialBest year on record$1.90B net income
- 2021AcquisitionZoom acquired Kites (Karlsruhe Information Technology Solutions), an artificial intelligence-based…
- FY2021FinancialRevenue crossed $1B$2.65B for the year
- 2020ProductZoom announced its first hardware as a service products in July 2020, bundling its videoconferencing software with…
- 2020MilestoneIt became available in August 2020
- FY2020FinancialProfitable every year on record7 consecutive profitable years in our data
- FY2020FinancialPositive free cash flow every year since7-year streak
- 2019MilestoneThe company first became profitable in 2019
- Apr 18, 2019IPOThe company became a public company via an initial public offering
- 2017ProductZoom launched a scalable telehealth product allowing doctors to host remote consultations with patients
- 2017MilestoneFrom September 25–27, 2017, Zoom hosted Zoomtopia 2017, its first annual user conference
- 2013ProductHe launched its software in 2013
- 2012MilestoneThe company changed its name to Zoom, influenced by Thacher Hurd's children's book Zoom City
- 2012ProductZoom launched a beta version that could host conferences with up to 15 video participants
Achievements
Verifiable track record, straight from the reported numbers.
Strengths & watch-outs
What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.
Strengths
- High gross margin (77.3%)
- Strongly profitable — 65.2% net margin
- Strong cash conversion — FCF is 38.6% of revenue
- Interest covered 7.6× by operating earnings
- High returns on invested capital (ROIC 95.4%)
Watch-outs
Nothing stands out as a concern in the available data.
Qualifications
The basics a company should meet before you research it further. Each check uses the reported numbers.
- Revenue growing — the company sells more than a year ago+5.0% YoY
- Profitable — makes more than it spends$3.26B TTM
- Profit growing — earnings are higher than last year+162.7% YoY
- Generates cash — cash left after running and investing$1.93B TTM
- Debt under control — could handle its obligationscurrent ratio 3.83
- Established company — not a micro-cap — lower blow-up risk$28.5B market cap
- Not printing shares — share count not ballooning — you keep your slice+3.1% shares over ~5y
- Proven track record — years of profitability behind it7/7 profitable years
- Financially stable — balance sheet not near distresshealth score 43/100
- Pays a dividend — returns cash to shareholdersno data
- Valuation not extreme — price not wildly above earningsP/E 8.1
Peer comparisonZoom Communications, Inc. vs 6 largest technology peers — cap, P/E, growth and margin side by sideOpen ▾Close ▴
| Company | Market cap | P/E | Revenue growth | Net margin | Profile |
|---|---|---|---|---|---|
| ZM this company | $28.5B | 8.1 | +5.0% | 65.2% | Mixed |
| NVDA Nvidia Corp | $5.5T | 28.6 | +83.4% | 63.7% | Mixed |
| AAPL Apple Inc. | $4.9T | 38.1 | +14.2% | 27.6% | Strong |
| GOOGL Alphabet Inc. | $4.3T | 17.6 | +20.1% | 54.8% | Mixed |
| MSFT Microsoft Corp | $4.0T | 29.7 | +17.8% | 40.3% | Strong |
| SPCX Space Exploration Technologies Corp. | $2.1T | — | +33.2% | -34.0% | Strained |
| META Meta Platforms, Inc. | $1.8T | 26.9 | +27.7% | 29.8% | Mixed |
Head-to-head: ZM vs NVDA · ZM vs AAPL · ZM vs GOOGL
References
What covering analysts publish about the company — information only, not a recommendation.
Appendix · Financial records
The full statements behind this CV, FY2020–FY2026. For readers who want to check the numbers.
Live data and quarterly detail: stockcv.com/ZM
Want the live picture — intraday moves, valuation history and full analysis?
Deeper analysis of ZM on PreMarketPriceFigures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $97.77 · market cap $28.5B.