Zoom Communications, Inc.

ZMRank #144 of 316

Reference Jun 30, 2026 close implied by Form 13F filings

Circulating market cap

$22.72B

Upper bound: lock-ups and restricted stock not reviewed yet.

Traditional market cap: $25.18B
Fully diluted value: $25.78B
Free float market cap: -
Gap to traditional: $2.46B (9.8%)

Circulating supply263.23M / 291.78M

Free float
Locked team
Other restricted

Circulating: 263.23M · 90.2%
Free float: -
Locked team: n/r
Other restricted: 28.55M · 9.8%
Total outstanding: 291,783,711

Lock-ups and restricted stock for this company have not been reviewed yet. Only unlisted share classes are excluded, so circulating supply is an upper bound.

Supply breakdown

Shares as of Aug 14, 2026

Circulating90.2%263.23M shares

Category	Shares	%	Value	Status
Circulating	263.23M	90.2%	$22.72B	Estimated
Free float	-	-	-	Unavailable
Insider-held, unrestricted	-	-	-	Unavailable
Locked team funds	-	-	-	Unavailable
Other restricted (unlisted classes only)	28.55M	9.8%	$2.46B	Verified
Total outstanding	291.78M	100.0%	$25.18B	Verified
Ownership views (overlap the categories above, never added)
Institutional holdings (13F)	202.08M	69.3%	$17.44B	Estimated
Insider-held, all (Forms 3, 4, 5)	-	-	-	Unavailable

Institutional and insider holdings can include both tradable and locked shares, so they are shown for reference and never added to the total. Check: no class has more shares deducted than it has outstanding, and the review found no shares that may be counted twice: reconciles.

Valuation

Traditional$25.18B
Fully diluted$25.78B
Circulating$22.72B
Free float-
Locked team value$0
Other restricted value$2.46B

Locked and restricted shares

1 item

Class B (not listed on any exchange)

28,550,570 shares

9.8% of total · $2.46B

Class B shares are not listed on any exchange and cannot be traded as they are. A holder must first convert them into Class A shares, which can then be sold. FloatCap counts them outside circulating supply until converted.

Verified10-Q, Cover page: shares outstanding by class; the class has no trading symbolApplied automatically to every unlisted class.

Institutional holders

13F, quarter ended Jun 30, 2026

Holder	Shares	% of total
BlackRock, Inc.	18.02M	6.17%
VANGUARD PORTFOLIO MANAGEMENT LLC	13.11M	4.49%
VANGUARD CAPITAL MANAGEMENT LLC	11.54M	3.96%
JPMORGAN CHASE & CO	8.56M	2.93%
NORGES BANK	7.97M	2.73%
STATE STREET CORP	7.56M	2.59%
FMR LLC	7.20M	2.47%
AQR CAPITAL MANAGEMENT LLC	6.53M	2.24%
GEODE CAPITAL MANAGEMENT, LLC	6.15M	2.11%
ACADIAN ASSET MANAGEMENT LLC	4.00M	1.37%

Sum of long share positions in Form 13F reports for the quarter. 13F covers managers with over $100M in US equities; some positions are reported by more than one filer.

Insiders

Forms 3, 4 and 5

Form 4 aggregation pending

Share classes

Class	Listing	Shares outstanding	As of
Class A	ZM on Nasdaq	263,233,141	Aug 14, 2026
Class B	Not listed (valued at ZM)	28,550,570	Aug 14, 2026

Notes and sources

Zoom Communications, Inc. 10-Q for period ended 2026-07-31, Cover page (0001585521-26-000121)
Zoom Communications, Inc. 10-Q for period ended 2026-07-31, Cover page: shares outstanding by class; the class has no trading symbol (0001585521-26-000121)
SEC public float (non-affiliates): $19.80B as of Jul 31, 2025, from the 10-K cover. It is a dollar value at a past date, not circulating supply.