Zscaler (ZS) Asset Utilization Ratio (2018 - 2026)
Zscaler (ZS) reported Asset Utilization Ratio of 0.45 for Q1 2026, down 9.19% year-over-year from 0.5 in Q1 2025, and up 3.26% quarter-over-quarter from 0.44 in Q4 2025.
Zscaler (ZS) Asset Utilization Ratio (2018 - 2026) Analysis & Trends
Zscaler (ZS) has 9 years of Asset Utilization Ratio data on file, last reported at 0.45 in Q1 2026.
- Asset Utilization Ratio for Q1 2026 came in at 0.45, down 9.19% year-over-year; the trailing twelve-month figure through Jan 2026 was 0.45 (down 9.19% YoY), and the FY2025 annual result was 0.48, down 7.85% from the prior year.
- Asset Utilization Ratio grew to 0.45 in Q1 2026 per ZS's latest filing, from 0.44 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 0.5 in Q1 2024 and troughed at 0.37 in Q1 2022.
- A 5-year average of 0.46 and a median of 0.47 in 2023 frame the typical range for Asset Utilization Ratio.
- The sharpest annual moves came in 2022 and 2025: Asset Utilization Ratio jumped 31.34% in 2022, then declined 10.23% in 2025.
- A 5-year view of Asset Utilization Ratio shows it stood at 0.43 in 2022, then rose by 13.14% to 0.49 in 2023, then gained by 0.62% to 0.49 in 2024, then fell by 10.23% to 0.44 in 2025, then gained by 3.26% to 0.45 in 2026.
- Business Quant data shows ZS's Asset Utilization Ratio at 0.45 in Q1 2026, 0.44 in Q4 2025, and 0.45 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,095.86 Bn | 3,017.59 Bn | 56.06 Bn | 0.47 |
| 2 | Alarum Technologies | 1,030.32 Bn | 1,016.16 Bn | 7.23 Mn | 0.00 |
| 3 | Oracle | 614.12 Bn | 575.54 Bn | 15.14 Bn | 0.28 |
| 4 | Palantir Technologies | 324.44 Bn | 316.52 Bn | 1.42 Bn | 0.55 |
| 5 | Palo Alto Networks | 189.07 Bn | 184.54 Bn | 1.91 Bn | 0.41 |
| 6 | CrowdStrike Holdings | 168.14 Bn | 165.09 Bn | 993.68 Mn | 0.46 |
| 7 | Fortinet | 106.89 Bn | 103.59 Bn | 1.49 Bn | 0.70 |
| 8 | Cloudflare | 88.20 Bn | 87.25 Bn | 455.60 Mn | 0.38 |
| 9 | Synopsys | 88.13 Bn | 88.01 Bn | 1.77 Bn | 0.17 |
| 10 | Zscaler | 20.81 Bn | 17.30 Bn | 624.49 Mn | 0.45 |
Historic Data
Download 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 |