Zoom Communications, Inc.

ZMNASDAQTechnology● Active

$101.17

$-0.45(-0.44%)

Market Cap$29.7B

P/E Ratio—

52W High$114.74

52W Low$69.15

Avg Volume4.6M

Open$101.87

Beta0.99

Free Cash Flow Financials Revenue

Zoom Communications, Inc. (ZM) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

ZM · free cash flow · updated Jun 8, 2026

Core FCF metrics

ZM · FCF · TTM · margin & CAGR

Free cash flow was $1.92B for FY2026 (fiscal year ending 2026-01-31), up 6.4% year-over-year The FCF margin was 39.5%. Five-year CAGR stands at +6.8%.

FY2026 Free Cash Flow$1.92B▲ +6.4% YoY

Trailing 12M (TTM)$1.96Btrailing 4 quarters sum

FCF Margin39.5%$1.92B ÷ revenue

3-Year CAGR+17.9%FY2023 → FY2026

5-Year CAGR+6.8%FY2021 → FY2026

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

ZM · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2026Latest$1.99B(65M)$1.92B▲ +6.4%39.5%

FY2025$1.95B(137M)$1.81B▲ +22.9%38.8%

FY2024$1.60B(127M)$1.47B▲ +25.2%32.5%

FY2023$1.29B(115M)$1.18B▼ 19.5%26.8%

FY2022$1.61B(146M)$1.46B▲ +5.4%35.6%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

ZM · P/FCF · FCF yield · FCF per share

Zoom Communications, Inc. (ZM) trades at a FCF yield of 6.62% and a price-to-free-cash-flow ratio of 15.5x. FCF per share stands at $6.52, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

6.62%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$6.52

TTM FCF ÷ Shares Outstanding

Price / FCF

x15.5

Share Price ÷ FCF per Share

EV / FCF (TTM)

x14.7

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2026 · 2026-01-31

Cash flow statement summary

ZM · cash flow statement · operating / investing / financing

For FY2026, Zoom Communications, Inc. generated $1.99B in operating cash flow and spent 65M in capital expenditures, yielding $1.92B in free cash flow.

Operating Activities

+$1.99B

Cash from core business operations

2026-01-31

Investing Activities

−$278.9M

CapEx, acquisitions & investments

2026-01-31

Financing Activities

−$1.81B

Buybacks, dividends & debt

2026-01-31

FCF FormulaOperating CF ($1.99B) − |CapEx| (65M) = FCF ($1.92B)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Technology)

ZM vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Zoom Communications, Inc.YOU

$1.92B+6.4%39.5%

Taiwan Semiconductor Manufacturing Company Limited

Microsoft Corporation

Technology · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Zoom Communications, Inc. (ZM) reported free cash flow of $1.92B for FY2026 (fiscal year ending 2026-01-31), up 6.4% year-over-year. The FCF margin was 39.5%.

Based on available data, Zoom Communications, Inc. has maintained positive free cash flow for at least 10 fiscal year(s). FCF peaked at $1.92B in FY2026. The 5-year CAGR stands at +6.8%.

Zoom Communications, Inc.'s FCF yield is 6.62% and price-to-FCF ratio is 15.5x for FY2026, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

ZM free cash flow · 8 questions

Zoom Communications, Inc. free cash flow was $1.92B for FY2026, up 6.4% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $1.96B.

ZM free cash flowZM FCFZM FCF 2026ZM free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Zoom Communications, Inc. · Zoom Communications, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026