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-on-year from $21.0 million in Q1 2025, and down 1.58% on a QoQ basis from $17.7 million in Q4 2025.

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

Zscaler (ZS) has 10 years of Capital Expenditures data on file, last reported at $17.4 million 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 $73.2 million, a 3.62% decrease from a year earlier, with the FY2025 full-year figure at $81.5 million, up 62.02% from the prior year.
  • Capital Expenditures for Q1 2026 stood at $17.4 million, down from $17.7 million in the prior quarter.
  • Over the last five years, Capital Expenditures for ZS reached as high as $77.4 million in Q2 2024 and fell as low as -$44.9 million in Q3 2024.
  • Historically, Capital Expenditures has averaged $12.7 million across 5 years, with a median of $17.4 million in 2026.
  • Across the five-year window, Capital Expenditures plunged 291.84% in 2022 and jumped 651.13% in 2023, its largest moves.
  • Year by year, Capital Expenditures stood at $7.6 million in 2022, then slipped by 2.77% to $7.4 million in 2023, then soared by 201.91% to $22.4 million in 2024, then dropped by 21.2% to $17.7 million in 2025, then dropped by 1.58% to $17.4 million in 2026.
  • Per Business Quant data, the three most recent Capital Expenditures figures were $17.4 million in Q1 2026, $17.7 million in Q4 2025, and -$22.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Microsoft 2,842.90 Bn 2,718.46 Bn 56.06 Bn 932.00 Mn
2 PagSeguro Digital 2,572.26 Bn 2,572.26 Bn 358.92 Mn -46.55 Mn
3 Oracle 329.59 Bn 297.69 Bn - 16.49 Bn
4 Repay Holdings 314.63 Bn 314.48 Bn - -
5 Palantir Technologies 294.47 Bn 286.44 Bn 1.42 Bn 7.40 Mn
6 Palo Alto Networks 227.51 Bn 222.98 Bn 1.91 Bn 170.00 Mn
7 CrowdStrike Holdings 183.28 Bn 180.18 Bn 993.68 Mn -130.89 Mn
8 Fortinet 112.44 Bn 109.14 Bn 1.49 Bn 56.00 Mn
9 Cloudflare 92.78 Bn 91.83 Bn 455.60 Mn -6.39 Mn
10 Zscaler 22.71 Bn 19.35 Bn 624.49 Mn 17.39 Mn

Historic Data

Download Data
DateValue
Jan 31, 2026 17.39 Mn
Jan 31, 2026 17.39 Mn
Oct 31, 2025 17.67 Mn
Oct 31, 2025 17.67 Mn
Jul 31, 2025 -22.70 Mn
Jul 31, 2025 -22.70 Mn
Apr 30, 2025 60.79 Mn
Apr 30, 2025 60.79 Mn
Jan 31, 2025 20.99 Mn
Jan 31, 2025 20.99 Mn
Oct 31, 2024 22.43 Mn
Oct 31, 2024 22.43 Mn
Jul 31, 2024 -44.90 Mn
Jul 31, 2024 -44.90 Mn
Apr 30, 2024 77.39 Mn
Apr 30, 2024 77.39 Mn
Jan 31, 2024 10.39 Mn
Jan 31, 2024 10.39 Mn
Oct 31, 2023 7.43 Mn
Oct 31, 2023 7.43 Mn