Zoom Video Communications Inc
NASDAQ:ZM
Gross Margin
Zoom Video Communications Inc
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| US |
|
Zoom Video Communications Inc
NASDAQ:ZM
|
23.8B USD |
76%
|
|
| US |
|
Ezenia! Inc
OTC:EZEN
|
567B USD |
62%
|
|
| DE |
|
SAP SE
XETRA:SAP
|
288.2B EUR |
73%
|
|
| US |
|
Salesforce Inc
NYSE:CRM
|
268.9B USD |
77%
|
|
| US |
|
Palantir Technologies Inc
NYSE:PLTR
|
210.2B USD |
80%
|
|
| US |
|
Adobe Inc
NASDAQ:ADBE
|
175.1B USD |
89%
|
|
| US |
|
Intuit Inc
NASDAQ:INTU
|
172B USD |
79%
|
|
| US |
N
|
NCR Corp
LSE:0K45
|
129.4B USD |
20%
|
|
| US |
|
Applovin Corp
NASDAQ:APP
|
111.4B USD |
75%
|
|
| US |
|
Microstrategy Inc
NASDAQ:MSTR
|
80.9B USD |
72%
|
|
| US |
|
Cadence Design Systems Inc
NASDAQ:CDNS
|
72.1B USD |
86%
|
Zoom Video Communications Inc
Glance View
Zoom Video Communications Inc., a brainchild of founder Eric Yuan, emerged as a frontrunner in the world of digital communication services, catalyzing a transformation in how individuals and businesses connect. Inspired by dissatisfaction with existing video conferencing platforms during his previous stints, Yuan set out to create a more user-friendly experience. In 2011, Zoom was born with a mission to make video communications frictionless. Its unique selling proposition hinged on reliable, high-quality audio and video connectivity that was simple to use—a marked departure from its predecessors, which were often criticized for being complex and unreliable. The company tapped into the latent need for a seamless digital interaction platform spanning education, healthcare, business, and beyond. Zoom generates revenue primarily through a freemium business model, enticing users with a complimentary basic version of its service while offering additional features bundled into various paid plans. These include Zoom Meetings, Webinars, Rooms, and Chat, which cater to diverse user needs from one-on-one catch-ups to large-scale corporate conferences. The subscription fees from these plans constitute the core of its business model. Additionally, Zoom monetizes through add-ons and its developer platform Zoom Apps, allowing customers to enhance or customize their video communication experiences, thereby embedding itself deeper into corporate ecosystems. Capitalizing on the sudden surge in remote work and virtual learning, especially during the global pandemic, Zoom rode a wave of unprecedented growth, proving its resilience and adaptability in dynamic market conditions.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Zoom Video Communications Inc's most recent financial statements, the company has Gross Margin of 75.8%.
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