Zscaler ZS
NASDAQ ZS
$193.05 -21.59 (-10.06%)
At close: Sep 25, 2026 · 4:00 PM EDT

Zscaler (ZS) Capital Expenditures (2017 - 2026)

Zscaler's (ZS) quarterly Capital Expenditures came in at $17.4 million in Q1 2026, down 17.12% year-over-year from $21.0 million in Q1 2025, and down 1.58% quarter-over-quarter from $17.7 million in Q4 2025.

Analysis

Zscaler (ZS) Capital Expenditures (2017 - 2026) Analysis & Trends

Zscaler (ZS) has reported Capital Expenditures for 10 consecutive years, with $17.4 million the latest figure, recorded in Q1 2026.

  • On a quarterly basis, Capital Expenditures fell 17.12% year-over-year to $17.4 million in Q1 2026; TTM through Jan 2026 was $155.9 million, a 21.37% increase from a year earlier, with the FY2026 full-year figure at $277.3 million, up 68.83% from the prior year.
  • Capital Expenditures was $17.4 million for Q1 2026 at Zscaler, down from $17.7 million in the prior quarter.
  • Over five years, Capital Expenditures peaked at $60.8 million in Q2 2025 and troughed at $14.0 million in Q1 2022.
  • A 5-year average of $29.6 million and a median of $26.2 million in 2023 frame the typical range for Capital Expenditures.
  • Across the five-year window, Capital Expenditures surged 290.49% in 2022 and tumbled 32.07% in 2025, its largest moves.
  • Over 5 years, Capital Expenditures stood at $25.2 million in 2022, then rose by 13.72% to $28.7 million in 2023, then dropped by 21.74% to $22.4 million in 2024, then fell by 21.2% to $17.7 million in 2025, then fell by 1.58% to $17.4 million in 2026.
  • The last three Capital Expenditures figures came in at $17.4 million (Q1 2026), $17.7 million (Q4 2025), and $60.0 million (Q3 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capex (Qtr)
1 Palo Alto Networks 320.54 Bn 317.47 Bn 2.30 Bn 103.00 Mn
2 CrowdStrike Holdings 268.77 Bn 263.80 Bn 1.10 Bn 124.41 Mn
3 Fortinet 131.12 Bn 127.05 Bn 1.64 Bn 78.00 Mn
4 Snowflake 118.02 Bn 115.67 Bn 1.04 Bn 3.09 Mn
5 Datadog 90.27 Bn 85.29 Bn 881.34 Mn 27.28 Mn
6 Axon Enterprise 36.61 Bn 35.93 Bn 546.45 Mn 21.05 Mn
7 Zscaler 34.97 Bn 31.49 Bn - -
8 MongoDB 34.51 Bn 32.10 Bn 569.77 Mn 3.17 Mn
9 Okta 34.32 Bn 32.02 Bn 641.00 Mn 6.00 Mn
10 Baidu 30.55 Bn 8.15 Bn 1.76 Mn -1.68 Bn
Historic Data

Historic Data

Download Data
DateValue
Jan 31, 2026 17.76 Mn
Oct 31, 2025 17.31 Mn
Jul 31, 2025 60.05 Mn
Apr 30, 2025 72.16 Mn
Jan 31, 2025 15.02 Mn
Oct 31, 2024 17.03 Mn
Jul 31, 2024 49.38 Mn
Apr 30, 2024 35.65 Mn
Jan 31, 2024 30.89 Mn
Oct 31, 2023 28.66 Mn
Jul 31, 2023 27.07 Mn
Apr 30, 2023 26.24 Mn
Jan 31, 2023 18.68 Mn
Oct 31, 2022 25.20 Mn
Jul 31, 2022 21.25 Mn
Apr 30, 2022 27.60 Mn
Jan 31, 2022 13.99 Mn
Oct 31, 2021 6.45 Mn
Jul 31, 2021 13.95 Mn
Apr 30, 2021 14.81 Mn
API Access

Zscaler Capital Expenditures 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=capital-expenditures&ticker=ZS&period=max&api_key=YOUR_API_KEY