Zscaler (ZS) Asset Utilization Ratio (2018 - 2026)
Zscaler's Asset Utilization Ratio was 0.47 in FY2026 (year ended Jul 31, 2026), down 2.3% from 0.48 in FY2025.
Powered by 
Analysis
Zscaler (ZS) Asset Utilization Ratio (2018 - 2026) Analysis & Trends
From FY2018 onward, Zscaler has reported Asset Utilization Ratio for 9 fiscal years.
- The FY2026 figure marks the lowest annual Asset Utilization Ratio since FY2022.
- Per Business Quant data, Asset Utilization Ratio in earlier fiscal years was 0.48 in FY2025 (-7.9%), 0.52 in FY2024 (+3.9%), 0.50 in FY2023 (+17.1%) and 0.43 in FY2022 (+30.3%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 264.72 Bn | 249.79 Bn | 2.30 Bn | 0.24 |
| 2 | CrowdStrike Holdings | 238.73 Bn | 219.14 Bn | 1.10 Bn | 0.46 |
| 3 | Fortinet | 127.27 Bn | 113.20 Bn | 1.64 Bn | 0.73 |
| 4 | Snowflake | 110.23 Bn | 97.55 Bn | 1.04 Bn | 0.63 |
| 5 | Datadog | 89.17 Bn | 70.81 Bn | 881.34 Mn | 0.55 |
| 6 | Zscaler | 33.92 Bn | 20.04 Bn | - | - |
| 7 | Okta | 33.82 Bn | 23.92 Bn | 641.00 Mn | 0.33 |
| 8 | Axon Enterprise | 33.04 Bn | 27.56 Bn | 546.45 Mn | 0.44 |
| 9 | MongoDB | 27.87 Bn | 18.34 Bn | 569.77 Mn | 0.75 |
| 10 | F5 | 25.05 Bn | 19.46 Bn | 711.51 Mn | 0.50 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jan 31, 2026 | 0.45 |
| Oct 31, 2025 | 0.44 |
| Jul 31, 2025 | 0.45 |
| Apr 30, 2025 | 0.49 |
| Jan 31, 2025 | 0.50 |
| Oct 31, 2024 | 0.49 |
| Jul 31, 2024 | 0.49 |
| Apr 30, 2024 | 0.50 |
| Jan 31, 2024 | 0.50 |
| Oct 31, 2023 | 0.49 |
| Jul 31, 2023 | 0.47 |
| Apr 30, 2023 | 0.47 |
| Jan 31, 2023 | 0.46 |
| Oct 31, 2022 | 0.43 |
| Jul 31, 2022 | 0.41 |
| Apr 30, 2022 | 0.39 |
| Jan 31, 2022 | 0.37 |
| Oct 31, 2021 | 0.34 |
| Jul 31, 2021 | 0.31 |
| Apr 30, 2021 | 0.30 |
API Access
Zscaler Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=ZS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "ZS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=ZS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();