Zscaler (ZS) Common Equity (2017 - 2026)
Zscaler's Common Equity came in at $2.6 billion for fiscal Q4 2026 (quarter ended Jul 31, 2026), up 44.4% from $1.8 billion a year earlier.
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Analysis
Zscaler (ZS) Common Equity (2017 - 2026) Analysis & Trends
Going back to fiscal Q4 2017, Zscaler's Common Equity data covers 36 quarters.
- Common Equity has increased in each of the last eight fiscal years, with a five-year compound annual growth rate of 37.5% (FY2021 to FY2026).
- Going back by fiscal year, Common Equity was $1.8 billion in FY2025 (+41.2%), $1.27 billion in FY2024 (+75.7%), $725.11 million in FY2023 (+26.5%) and $573.3 million in FY2022 (+8.4%).
- The fiscal Q4 2026 figure represents the highest quarterly Common Equity in data going back to fiscal Q4 2017.
- The fastest year-over-year change in Common Equity over five years came in fiscal Q1 2024 (growth of 87.2%), and the weakest in fiscal Q1 2023 (a decline of 18.7%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 277.52 Bn | 262.59 Bn | 2.30 Bn | 27.49 Bn |
| 2 | CrowdStrike Holdings | 249.50 Bn | 229.90 Bn | 1.10 Bn | 5.14 Bn |
| 3 | Fortinet | 133.40 Bn | 119.33 Bn | 1.64 Bn | 1.55 Bn |
| 4 | Snowflake | 117.12 Bn | 104.44 Bn | 1.04 Bn | 2.15 Bn |
| 5 | Datadog | 94.86 Bn | 76.51 Bn | 881.34 Mn | 4.37 Bn |
| 6 | Okta | 36.37 Bn | 26.46 Bn | 641.00 Mn | 6.97 Bn |
| 7 | Zscaler | 35.35 Bn | 21.47 Bn | - | 2.60 Bn |
| 8 | Axon Enterprise | 33.67 Bn | 28.19 Bn | 546.45 Mn | 3.67 Bn |
| 9 | MongoDB | 29.54 Bn | 20.01 Bn | 569.77 Mn | 2.98 Bn |
| 10 | F5 | 25.93 Bn | 20.34 Bn | 711.51 Mn | 3.86 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();