Zscaler (ZS) Common Equity (2017 - 2026)
Zscaler's (ZS) quarterly Common Equity came in at $2.6 billion in Q3 2026, up 44.41% year-over-year from $1.8 billion in Q3 2025, and up 18.32% quarter-over-quarter from $2.2 billion in Q1 2026.
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Analysis
Zscaler (ZS) Common Equity (2017 - 2026) Analysis & Trends
Zscaler (ZS) has reported Common Equity for 10 consecutive years, with $2.6 billion the latest figure, recorded in Q3 2026.
- On a quarterly basis, Common Equity rose 44.41% year-over-year to $2.6 billion in Q3 2026; TTM through Jul 2026 was $2.6 billion, a 44.41% increase from a year earlier, with the FY2026 full-year figure at $2.6 billion, up 44.41% from the prior year.
- Common Equity was $2.6 billion for Q3 2026 at Zscaler, up from $2.2 billion in the prior quarter.
- Over five years, Common Equity peaked at $2.6 billion in Q3 2026 and troughed at $431.3 million in Q4 2022.
- A 5-year average of $1.2 billion and a median of $1.0 billion in 2024 frame the typical range for Common Equity.
- Across the five-year window, Common Equity slipped 18.66% in 2022 and soared 87.24% in 2023, its largest moves.
- Over 5 years, Common Equity stood at $431.3 million in 2022, then jumped by 87.24% to $807.5 million in 2023, then jumped by 76.9% to $1.4 billion in 2024, then surged by 38.77% to $2.0 billion in 2025, then surged by 31.07% to $2.6 billion in 2026.
- The last three Common Equity figures came in at $2.6 billion (Q3 2026), $2.2 billion (Q1 2026), and $2.0 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 320.54 Bn | 317.47 Bn | 2.30 Bn | 27.49 Bn |
| 2 | CrowdStrike Holdings | 268.77 Bn | 263.80 Bn | 1.10 Bn | 5.14 Bn |
| 3 | Fortinet | 131.12 Bn | 127.05 Bn | 1.64 Bn | 1.55 Bn |
| 4 | Snowflake | 118.02 Bn | 115.67 Bn | 1.04 Bn | 2.15 Bn |
| 5 | Datadog | 90.27 Bn | 85.29 Bn | 881.34 Mn | 4.37 Bn |
| 6 | Axon Enterprise | 36.61 Bn | 35.93 Bn | 546.45 Mn | 3.67 Bn |
| 7 | Zscaler | 34.97 Bn | 31.49 Bn | - | 2.60 Bn |
| 8 | MongoDB | 34.51 Bn | 32.10 Bn | 569.77 Mn | 2.98 Bn |
| 9 | Okta | 34.32 Bn | 32.02 Bn | 641.00 Mn | 6.97 Bn |
| 10 | Baidu | 30.55 Bn | 8.15 Bn | 1.76 Mn | 41.48 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 2.60 Bn |
| Jan 31, 2026 | 2.20 Bn |
| Oct 31, 2025 | 1.98 Bn |
| Jul 31, 2025 | 1.80 Bn |
| Apr 30, 2025 | 1.80 Bn |
| Jan 31, 2025 | 1.61 Bn |
| Oct 31, 2024 | 1.43 Bn |
| Jul 31, 2024 | 1.27 Bn |
| Apr 30, 2024 | 1.09 Bn |
| Jan 31, 2024 | 958.86 Mn |
| Oct 31, 2023 | 807.53 Mn |
| Jul 31, 2023 | 725.11 Mn |
| Apr 30, 2023 | 601.27 Mn |
| Jan 31, 2023 | 528.66 Mn |
| Oct 31, 2022 | 431.28 Mn |
| Jul 31, 2022 | 573.30 Mn |
| Apr 30, 2022 | 531.58 Mn |
| Jan 31, 2022 | 539.37 Mn |
| Oct 31, 2021 | 530.20 Mn |
| Jul 31, 2021 | 528.90 Mn |
API Access
Zscaler Common Equity 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=common-equity&ticker=ZS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "common-equity", "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=common-equity&ticker=ZS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();