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Operating Expense Breakdown
Details core costs like R&D, marketing, and admin, offering insight into how efficiently Zoom runs and where it’s prioritizing investment.After a late‑2022 S&M peak, Zoom sharply cut sales & marketing and has run a much leaner, stable S&M baseline since 2023, helping margins; R&D, after a 2023 pullback from its 2022 spike, has been reaccelerating through 2024–H1 2026—signaling a strategic shift from growth-by-spend to efficiency-plus-reinvestment in product/engineering. G&A has normalized, underscoring cost discipline. That mix suggests margin upside if revenue recovers, but the renewed R&D ramp could delay full margin expansion while funding product differentiation and enterprise monetization.
Date | Sales and Marketing | Research and Development | General and Administrative |
|---|---|---|---|
Jun 30, 2026 | $330.52M | $242.50M | $98.16M |
Mar 31, 2026 | $330.05M | $227.93M | $96.27M |
Dec 31, 2025 | $359.52M | $222.91M | $118.97M |
Sep 30, 2025 | $342.81M | $210.10M | $94.74M |
Jun 30, 2025 | $339.00M | $206.45M | $76.89M |
Mar 31, 2025 | $346.97M | $205.42M | $102.33M |
Dec 31, 2024 | $358.90M | $217.12M | $95.70M |
Sep 30, 2024 | $361.70M | $222.98M | $126.14M |
Jun 30, 2024 | $358.77M | $206.76M | $109.53M |
Mar 31, 2024 | $348.01M | $205.56M | $111.34M |