Zoom Communications, Inc.

ZMUS

Zoom Communications, Inc. provides a robust platform for enhancing communication and fostering collaboration. The company's global reach is organized into three primary operational regions: the Americas, the Asia Pacific, and Europe, the Middle East, and Africa (EMEA). Eric S. Yuan founded the enterprise in 2011, and its corporate headquarters are situated in San Jose, California.

Founded2011IPO year2019As of2026-08-04
Market Cap
$29.85B
Enterprise Value
$22.19B
EV / LTM Revenue
4.6x
EV / NTM Revenue
4.3x
Trading multiples

Enterprise value over trailing (LTM) vs. forward (NTM) fundamentals. Click an LTM cell to chart it.

LTM
trailing
NTM
forward
Revenue
4.3x
Gross Profit
5.5x
EBITDA
15.3x
Classification
Sector
Application Software
Sub-sector
Collaboration, Productivity & Work Management
Listing
ZM
Country
US
Historical valuation & fundamentals

EV / LTM Revenue

Annual financials & analyst forecasts

$MCY2021CY2022CY2023CY2024CY2025CY2026ECY2027E
Revenue YoY7%3%3%4%4%4%
Revenue$4.10B$4.39B$4.53B$4.67B$4.87B$5.07B$5.27B
Gross Profit$3.05B$3.29B$3.45B$3.54B$3.75B
Gross Profit Margin74.3%74.9%76.2%75.8%77.0%
EBITDA$1.11B$332M$937M$1.44B$2.56B$1.41B$1.47B
EBITDA Margin27.1%7.5%20.7%30.8%52.5%27.9%27.9%
EBIT$1.06B$245M$525M$813M$1.12B$1.31B$1.36B
Net Income$1.38B$104M$637M$1.01B$1.90B$1.93B$1.95B
Free Cash Flow$1.46B$1.18B$1.47B$1.81B$1.92B
FCF Margin35.6%26.8%32.5%38.8%39.5%
Short-Term Debt$0M$0M$0M$0M$0M
Long-Term Debt$0M$0M$0M$0M$0M
Cash & Cash Equivalents$1.06B$1.09B$1.56B$1.35B$1.27B
Net Debt($1.06B)($1.09B)($1.56B)($1.35B)($1.27B)
Net Debt / EBITDA-1.0x-3.3x-1.7x-0.9x-0.5x
Rule of 4033.9%35.6%41.8%43.9%
Figures in $M. True calendar years (Jan–Dec) built from quarterly data — income & cash-flow lines summed across the four quarters, balance sheet as of year-end. E columns are calendarized analyst consensus — gross profit, cash flow and balance-sheet lines are not estimated. Net debt = short-term debt + long-term debt − cash & cash equivalents; Rule of 40 = YoY revenue growth + FCF margin.