Zscaler (ZS) Common Equity (2017 - 2026)
Zscaler (ZS) reported Common Equity of $2.2 billion for Q1 2026, up 36.62% year-over-year from $1.6 billion in Q1 2025, and up 10.78% quarter-over-quarter from $2.0 billion in Q4 2025.
Zscaler (ZS) Common Equity (2017 - 2026) Analysis & Trends
Zscaler (ZS) has 10 years of Common Equity data on file, last reported at $2.2 billion in Q1 2026.
- Common Equity for Q1 2026 came in at $2.2 billion, up 36.62% year-over-year; the trailing twelve-month figure through Jan 2026 was $2.2 billion (up 36.62% YoY), and the FY2025 annual result was $1.8 billion, up 41.22% from the prior year.
- Common Equity improved to $2.2 billion in Q1 2026 per ZS's latest filing, from $2.0 billion in the prior quarter.
- Over five years, Common Equity peaked at $2.2 billion in Q1 2026 and troughed at $431.3 million in Q4 2022.
- A 5-year average of $1.1 billion and a median of $958.9 million in 2024 frame the typical range for Common Equity.
- The sharpest annual moves came in 2022 and 2023: Common Equity dropped 18.66% in 2022, then jumped 87.24% in 2023.
- A 5-year view of Common Equity shows it stood at $431.3 million in 2022, then surged by 87.24% to $807.5 million in 2023, then surged by 76.9% to $1.4 billion in 2024, then soared by 38.77% to $2.0 billion in 2025, then gained by 10.78% to $2.2 billion in 2026.
- Business Quant data shows ZS's Common Equity at $2.2 billion in Q1 2026, $2.0 billion in Q4 2025, and $1.8 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,095.86 Bn | 3,017.59 Bn | 56.06 Bn | 414.37 Bn |
| 2 | Alarum Technologies | 1,030.32 Bn | 1,016.16 Bn | 7.23 Mn | 33.36 Bn |
| 3 | Oracle | 614.12 Bn | 575.54 Bn | 15.14 Bn | 39.05 Bn |
| 4 | Palantir Technologies | 324.44 Bn | 316.52 Bn | 1.42 Bn | 8.45 Bn |
| 5 | Palo Alto Networks | 189.07 Bn | 184.54 Bn | 1.91 Bn | 9.39 Bn |
| 6 | CrowdStrike Holdings | 168.14 Bn | 165.09 Bn | 993.68 Mn | 4.43 Bn |
| 7 | Fortinet | 106.89 Bn | 103.59 Bn | 1.49 Bn | 989.70 Mn |
| 8 | Cloudflare | 88.20 Bn | 87.25 Bn | 455.60 Mn | 1.53 Bn |
| 9 | Synopsys | 88.13 Bn | 88.01 Bn | 1.77 Bn | 30.55 Bn |
| 10 | Zscaler | 20.81 Bn | 17.30 Bn | 624.49 Mn | 2.20 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Apr 30, 2021 | 508.11 Mn |