Filing Flows › Zoom Communications (ZM) › Gross margin
Zoom Communications (ZM) gross margin by quarter
Zoom Communications' gross margin was 77.2% in Q2 FY27 (second quarter fiscal 2027), -0.7 pts from Q1 FY27. Over the last 7 quarters it ranged from 75.7% (Q4 FY25) to 77.9% (Q3 FY26).
| Quarter | Gross margin | Q/Q | Y/Y |
|---|---|---|---|
| Q2 FY27 | 77.2% | -0.7 pts | -0.4 pts |
| Q1 FY27 | 77.9% | +1.6 pts | +1.6 pts |
| Q4 FY26 | 76.3% | -1.6 pts | +0.6 pts |
| Q3 FY26 | 77.9% | +0.3 pts | — |
| Q2 FY26 | 77.6% | +1.3 pts | — |
| Q1 FY26 | 76.3% | +0.6 pts | — |
| Q4 FY25 | 75.7% | — | — |
Q2 FY27 at a glance
Zoom Communications, Q2 FY27: revenue $1.3B (+5% year over year), operating margin 24.6%, net earnings $1.5B, operating cash flow $495M. The chart follows the revenue to costs, profit and cash.
Questions
What is Zoom Communications' gross margin?
Zoom Communications' gross margin was 77.2% in Q2 FY27 (second quarter fiscal 2027), -0.7 pts from Q1 FY27.
How has Zoom Communications' gross margin changed?
Over the last 7 quarters it ranged from 75.7% (Q4 FY25) to 77.9% (Q3 FY26).