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
DateValue
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