Zscaler (ZS) Accumulated Expenses (2017 - 2026)
Zscaler (ZS) posted quarterly Accumulated Expenses of $100.3 million for Q1 2026, down 28.6% year-over-year from $140.4 million in Q1 2025, and down 25.86% quarter-over-quarter from $135.2 million in Q4 2025.
Zscaler (ZS) Accumulated Expenses (2017 - 2026) Analysis & Trends
Zscaler (ZS) has reported Accumulated Expenses for 10 consecutive years, with $100.3 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Accumulated Expenses fell 28.6% year-over-year to $100.3 million; the TTM figure through Jan 2026 stood at $100.3 million (down 28.6% YoY), while the FY2025 annual figure was $181.8 million, up 98.25% from the prior year.
- Accumulated Expenses eased to $100.3 million in Q1 2026 per ZS's latest filing, from $135.2 million in the prior quarter.
- Across five years, Accumulated Expenses topped out at $181.8 million in Q3 2025 and bottomed at $31.1 million in Q1 2022.
- Historically, Accumulated Expenses has averaged $98.1 million across 5 years, with a median of $91.7 million in 2024.
- Annual changes were most pronounced in 2024 — Accumulated Expenses surged 215.43% — and 2025, when it tumbled 48.1%.
- Zscaler's Accumulated Expenses stood at $60.2 million in 2022, then rose by 17.8% to $71.0 million in 2023, then increased by 17.53% to $83.4 million in 2024, then soared by 62.18% to $135.2 million in 2025, then fell by 25.86% to $100.3 million in 2026.
- Business Quant data shows ZS's Accumulated Expenses at $100.3 million in Q1 2026, $135.2 million in Q4 2025, and $181.8 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,679.34 Bn | 3,546.58 Bn | 60.48 Bn |
| 2 | Oracle | 433.50 Bn | 402.15 Bn | - |
| 3 | Palantir Technologies | 418.20 Bn | 408.90 Bn | 1.64 Bn |
| 4 | Palo Alto Networks | 312.41 Bn | 309.30 Bn | 2.03 Bn |
| 5 | Fortinet | 117.38 Bn | 113.31 Bn | 1.64 Bn |
| 6 | Cloudflare | 101.74 Bn | 97.57 Bn | 499.52 Mn |
| 7 | Synopsys | 80.70 Bn | 78.49 Bn | 1.77 Bn |
| 8 | CoreWeave | 58.00 Bn | 52.46 Bn | 1.70 Bn |
| 9 | Block | 49.79 Bn | 43.33 Bn | 3.17 Bn |
| 10 | Zscaler | 29.48 Bn | 26.12 Bn | 624.49 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 100.26 Mn |
| Oct 31, 2025 | 135.23 Mn |
| Jul 31, 2025 | 181.81 Mn |
| Apr 30, 2025 | 84.67 Mn |
| Jan 31, 2025 | 140.43 Mn |
| Oct 31, 2024 | 83.38 Mn |
| Jul 31, 2024 | 91.71 Mn |
| Apr 30, 2024 | 163.12 Mn |
| Jan 31, 2024 | 137.36 Mn |
| Oct 31, 2023 | 70.95 Mn |
| Jul 31, 2023 | 64.98 Mn |
| Apr 30, 2023 | 123.20 Mn |
| Jan 31, 2023 | 43.55 Mn |
| Oct 31, 2022 | 60.23 Mn |
| Jul 31, 2022 | 111.95 Mn |
| Apr 30, 2022 | 43.16 Mn |
| Jan 31, 2022 | 31.10 Mn |
| Oct 31, 2021 | 72.67 Mn |
| Jul 31, 2021 | 93.62 Mn |
| Apr 30, 2021 | 16.62 Mn |