Zoom Video Communications, Inc. (ZM) Balance Sheet
ZM balance sheet, FY2026
January 31, 2026 · U.S. dollars$11.96B assets = $2.15B liabilities + $9.81B equity
Both columns are drawn to the same scale: what ZM owns equals what it owes plus shareholders’ equity. Hover a block for its value.
ZM financial health
Descriptive bands, not a rating. Fiscal FY2026.
ZM balance sheet trends, FY2017–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $164.8MFY2017 | $11.96BFY2026 | +61.0%/yr | |
| Total liabilities | $28.9MFY2017 | $2.15BFY2026 | +61.5%/yr | |
| Shareholders’ equity | $130.9MFY2017 | $9.81BFY2026 | +61.5%/yr | |
| Cash & short-term investments | $134.3MFY2017 | $7.82BFY2026 | +57.1%/yr | |
| Total debt | $13.6MFY2018 | $58.5MFY2026 | +20.0%/yr | |
| Net cash (debt) | $125.6MFY2018 | $7.76BFY2026 | +$7.6B | |
| Working capital | $123.0MFY2017 | $6.66BFY2026 | +$6.5B | |
| Book value per share | $0.49FY2017 | $31.91FY2026 | +59.2%/yr | |
| Current ratio | 5.26FY2017 | 4.33FY2026 | −0.93 | |
| Debt / equity | 0.09FY2020 | 0.01FY2026 | −0.08 | |
| Shares outstanding | 268.8MFY2017 | 307.3MFY2026 | +1.5%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
ZM assets
ZM liabilities and equity
ZM debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
ZM balance sheet
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $7.82B | $7.79B | $6.96B | $5.41B | $5.42B | $4.24B | $855.2M | $176.4M | $139.2M | $134.3M |
| Cash & equivalents | $1.27B | $1.35B | $1.56B | $1.09B | $1.06B | $2.24B | $283.1M | $63.6M | $36.1M | $134.3M |
| Short-term investments | $6.54B | $6.44B | $5.40B | $4.33B | $4.36B | $2.00B | $572.1M | $112.8M | $103.1M | — |
| Receivables | $497.3M | $495.2M | $536.1M | $557.4M | $419.7M | $294.7M | $120.4M | $63.6M | $24.5M | $9.9M |
| Inventory | $0 | $0 | $403.6M | $223.2M | $322.2M | $247.8M | $115.8M | $26.5M | $13.9M | $1 |
| Other current assets | $343.7M | $389.0M | $24.0M | $163.1M | $22.7M | $5.6M | $4.1M | $10.3M | $5.5M | $7.7M |
| Total current assets | $8.66B | $8.68B | $7.93B | $6.36B | $6.18B | $4.79B | $1.10B | $276.7M | $183.2M | $151.9M |
| Property, plant & equipment (net) | $316.9M | $386.4M | $352.7M | $333.7M | $318.3M | $247.6M | $125.7M | $37.3M | $13.0M | $5.7M |
| Goodwill & intangible assets | $471.6M | $365.9M | $379.5M | $179.3M | $51.6M | $35.2M | $2.2M | $0 | $0 | $0 |
| Long-term investments | $1.58B | $591.5M | $409.2M | $399.0M | $367.8M | $18.7M | $3.0M | $0 | $0 | $0 |
| Other non-current assets | $935.3M | $968.6M | $862.2M | $859.6M | $629.8M | $203.7M | $63.4M | $40.6M | $18.8M | $7.3M |
| Total assets | $11.96B | $10.99B | $9.93B | $8.13B | $7.55B | $5.30B | $1.29B | $354.6M | $215.0M | $164.8M |
| Liabilities | ||||||||||
| Accounts payable | $6.3M | $8.3M | $10.2M | $14.4M | $7.8M | $8.7M | $1.6M | $5.0M | $2.7M | $1.5M |
| Short-term debt | $27.8M | $27.0M | $24.6M | $22.8M | $20.7M | $15.6M | $7.7M | $1.2M | $13.6M | — |
| Deferred revenue | $1.47B | $1.38B | $1.29B | $1.30B | $1.16B | $871.3M | $213.0M | $115.1M | $50.4M | — |
| Total current liabilities | $2.00B | $1.90B | $1.76B | $1.74B | $1.58B | $1.26B | $333.8M | $152.3M | $68.5M | $28.9M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $14.9M | $0 | $0 |
| Lease obligations | $58.5M | $64.4M | $73.0M | $73.7M | $85.0M | $90.4M | $72.5M | — | — | — |
| Other long-term liabilities | $153.0M | $150.0M | $148.2M | $182.8M | $191.6M | $177.3M | $122.1M | $194.8M | $173.2M | $0 |
| Total liabilities | $2.15B | $2.05B | $1.91B | $1.92B | $1.77B | $1.44B | $455.9M | $362.0M | $241.7M | $28.9M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $295,000 | $305,000 | $307,000 | $294,000 | $299,000 | $292,000 | $277,000 | $89,000 | $80,000 | $77,000 |
| Retained earnings (deficit) | $5.70B | $3.80B | $2.79B | $2.15B | $2.05B | $672.5M | $152,000 | −$25.2M | −$32.7M | −$28.9M |
| Accumulated other comprehensive income | $8.5M | $5.0M | $1.1M | −$50.4M | −$17.9M | $839,000 | $809,000 | −$135,000 | −$531,000 | $0 |
| Total shareholders' equity | $9.81B | $8.94B | $8.02B | $6.21B | $5.78B | $3.86B | $833.9M | −$7.4M | −$26.7M | $130.9M |
| Key figures | ||||||||||
| Total debt | $58.5M | $64.4M | $73.0M | $96.5M | $105.7M | $106.0M | $72.5M | $14.9M | $13.6M | — |
| Net cash (debt) | $7.76B | $7.73B | $6.89B | $5.32B | $5.31B | $4.14B | $782.7M | $161.5M | $125.6M | — |
| Working capital | $6.66B | $6.77B | $6.16B | $4.62B | $4.60B | $3.53B | $761.7M | $124.4M | $114.6M | $123.0M |
| Tangible book value | $9.34B | $8.57B | $7.64B | $6.03B | $5.73B | $3.83B | $831.8M | −$7.4M | −$26.7M | $130.9M |
| Book value per share | $31.91 | $28.36 | $25.99 | $20.40 | $18.90 | $12.95 | $3.28 | −$0.03 | −$0.10 | $0.49 |
| Shares outstanding | 307.3M | 315.1M | 308.5M | 304.2M | 305.8M | 298.1M | 254.3M | 268.8M | 268.8M | 268.8M |
| Current ratio | 4.33 | 4.56 | 4.50 | 3.66 | 3.91 | 3.80 | 3.28 | 1.82 | 2.67 | 5.26 |
| Quick ratio | 4.16 | 4.35 | 4.26 | 3.43 | 3.70 | 3.60 | 2.92 | 1.58 | 2.39 | 4.99 |
| Debt / equity | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.03 | 0.09 | — | — | — |
| Equity / assets | 82.0% | 81.3% | 80.8% | 76.4% | 76.5% | 72.9% | 64.7% | −2.1% | −12.4% | 79.4% |
| Jul '26 | Apr '26 | Jan '26 | Oct '25 | Jul '25 | Apr '25 | Jan '25 | Oct '24 | Jul '24 | Apr '24 | Jan '24 | Oct '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $7.25B | $7.72B | $7.82B | $7.96B | $7.78B | $7.79B | $7.79B | $7.70B | $7.52B | $7.37B | $6.96B | $6.49B |
| Cash & equivalents | $932.0M | $890.9M | $1.27B | $1.23B | $1.20B | $1.23B | $1.35B | $1.27B | $1.54B | $1.89B | $1.56B | $1.49B |
| Short-term investments | $6.32B | $6.83B | $6.54B | $6.73B | $6.58B | $6.56B | $6.44B | $6.43B | $5.98B | $5.49B | $5.40B | $5.00B |
| Receivables | $533.0M | $467.8M | $497.3M | $417.7M | $516.8M | $477.2M | $495.2M | $458.0M | $528.2M | $527.5M | $536.1M | $537.6M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1 | $1 | $403.6M | $443.6M |
| Other current assets | $332.7M | $386.2M | $343.7M | $167.2M | $367.8M | $396.7M | $389.0M | $372.4M | $346.9M | $380.2M | $24.0M | $9.1M |
| Total current assets | $8.12B | $8.58B | $8.66B | $8.54B | $8.66B | $8.67B | $8.68B | $8.53B | $8.40B | $8.28B | $7.93B | $7.48B |
| Property, plant & equipment (net) | $311.1M | $308.3M | $316.9M | $325.7M | $348.3M | $365.4M | $386.4M | $397.6M | $400.8M | $360.5M | $352.7M | $356.9M |
| Goodwill & intangible assets | $705.3M | $467.2M | $471.6M | $356.6M | $359.9M | $362.7M | $365.9M | $369.3M | $372.7M | $376.1M | $379.5M | $382.9M |
| Long-term investments | $3.79B | $1.88B | $1.58B | $1.05B | $647.9M | $576.1M | $591.5M | $444.7M | $438.5M | $424.9M | $409.2M | $353.0M |
| Other non-current assets | $667.7M | $935.1M | $935.3M | $1.12B | $1.02B | $980.9M | $968.6M | $935.8M | $900.0M | $853.1M | $862.2M | $739.9M |
| Total assets | $13.59B | $12.16B | $11.96B | $11.39B | $11.04B | $10.95B | $10.99B | $10.68B | $10.51B | $10.30B | $9.93B | $9.32B |
| Liabilities | ||||||||||||
| Accounts payable | $14.4M | $18.7M | $6.3M | $12.8M | $11.6M | $14.2M | $8.3M | $8.5M | $10.6M | $18.3M | $10.2M | $14.4M |
| Short-term debt | $26.9M | $28.3M | $27.8M | $20.4M | $22.2M | $25.6M | $27.0M | $29.0M | $28.0M | $27.6M | $24.6M | $23.9M |
| Deferred revenue | $1.55B | $1.54B | $1.47B | $1.43B | $1.52B | $1.46B | $1.38B | $1.41B | $1.44B | $1.38B | $1.29B | $1.34B |
| Total current liabilities | $2.12B | $2.03B | $2.00B | $1.96B | $1.95B | $1.90B | $1.90B | $1.85B | $1.84B | $1.86B | $1.76B | $1.75B |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | $60.3M | $60.2M | $58.5M | $48.5M | $54.3M | $61.5M | $64.4M | $66.6M | $64.0M | $67.9M | $73.0M | $79.3M |
| Other long-term liabilities | $160.4M | $159.3M | $153.0M | $144.5M | $146.3M | $152.2M | $150.0M | $146.6M | $140.6M | $141.9M | $148.2M | $151.1M |
| Total liabilities | $2.28B | $2.19B | $2.15B | $2.10B | $2.09B | $2.05B | $2.05B | $2.00B | $1.98B | $2.00B | $1.91B | $1.90B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $292,000 | $293,000 | $295,000 | $296,000 | $299,000 | $302,000 | $305,000 | $306,000 | $308,000 | $309,000 | $307,000 | $305,000 |
| Retained earnings (deficit) | $7.67B | $6.13B | $5.70B | $5.03B | $4.41B | $4.05B | $3.80B | $3.43B | $3.22B | $3.01B | $2.79B | $2.49B |
| Accumulated other comprehensive income | −$31.0M | −$8.1M | $8.5M | $10.4M | −$477,000 | $15.1M | $5.0M | $6.8M | $2.2M | −$17.5M | $1.1M | −$27.1M |
| Total shareholders' equity | $11.30B | $9.97B | $9.81B | $9.29B | $8.95B | $8.90B | $8.94B | $8.68B | $8.53B | $8.30B | $8.02B | $7.41B |
| Key figures | ||||||||||||
| Total debt | $60.3M | $60.2M | $58.5M | $48.5M | $54.3M | $61.5M | $64.4M | $66.6M | $64.0M | $67.9M | $73.0M | $79.3M |
| Net cash (debt) | $7.19B | $7.66B | $7.76B | $7.91B | $7.72B | $7.73B | $7.73B | $7.64B | $7.46B | $7.31B | $6.89B | $6.42B |
| Working capital | $5.99B | $6.54B | $6.66B | $6.58B | $6.72B | $6.77B | $6.77B | $6.68B | $6.55B | $6.43B | $6.16B | $5.73B |
| Tangible book value | $10.60B | $9.50B | $9.34B | $8.93B | $8.59B | $8.54B | $8.57B | $8.31B | $8.15B | $7.92B | $7.64B | $7.03B |
| Book value per share | $37.68 | $33.21 | $32.36 | $30.08 | $29.04 | $28.46 | $28.21 | $27.63 | $27.15 | $26.32 | $25.58 | $23.88 |
| Shares outstanding | 300.0M | 300.2M | 303.1M | 308.7M | 308.2M | 312.8M | 316.7M | 314.2M | 314.0M | 315.4M | 313.5M | 310.4M |
| Current ratio | 3.83 | 4.22 | 4.33 | 4.36 | 4.45 | 4.57 | 4.56 | 4.60 | 4.56 | 4.46 | 4.50 | 4.27 |
| Quick ratio | 3.67 | 4.03 | 4.16 | 4.27 | 4.26 | 4.36 | 4.35 | 4.40 | 4.37 | 4.26 | 4.26 | 4.01 |
| Debt / equity | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Equity / assets | 83.2% | 82.0% | 82.0% | 81.5% | 81.0% | 81.3% | 81.3% | 81.3% | 81.1% | 80.6% | 80.8% | 79.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 27, 2026); data from EODHD.
ZM financial position
At the end of fiscal 2026 (January 31, 2026), Zoom Video Communications had total assets of $12.0 billion (up 8.8% from a year earlier), total liabilities of $2.2 billion and shareholders' equity of $9.8 billion. It held $7.8 billion in cash and short-term investments against $58.5 million of debt, a net cash position of $7.8 billion. Its current ratio was 4.33. In the latest quarter (ended July 31, 2026) total assets were $13.6 billion and equity $11.3 billion.
Related: ZM income statement, ZM cash flow statement, ZM key metrics. See the ZM stock overview for the latest quote and news.
ZM balance sheet FAQ
What are Zoom Video Communications's total assets?
Zoom Video Communications reported total assets of $12.0 billion at the end of fiscal 2026 (January 31, 2026), compared with $11.0 billion a year earlier.
How much debt does Zoom Video Communications have?
Zoom Video Communications had $58.5 million of total debt at the end of fiscal 2026, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.01.
How much cash does Zoom Video Communications have?
Zoom Video Communications held $7.8 billion in cash and short-term investments at the end of fiscal 2026; with $58.5 million of debt that is net cash of $7.8 billion.
What is Zoom Video Communications's book value?
Zoom Video Communications's shareholders' equity (book value) was $9.8 billion at the end of fiscal 2026, or $31.91 per share.
What is Zoom Video Communications's current ratio?
Zoom Video Communications had current assets of $8.7 billion and current liabilities of $2.0 billion, a current ratio of 4.33 (it can cover its short-term obligations).
How much goodwill does Zoom Video Communications have?
Zoom Video Communications carried $471.6 million of goodwill and intangible assets, 3.9% of total assets, at the end of fiscal 2026.