Zscaler (ZS) Common Equity (2017 - 2026)
Zscaler's (ZS) quarterly Common Equity came in at $2.2 billion in Q1 2026, up 36.62% year-on-year from $1.6 billion in Q1 2025, and up 10.78% on a QoQ basis 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.
- On a quarterly basis, Common Equity rose 36.62% year-over-year to $2.2 billion in Q1 2026; TTM through Jan 2026 was $2.2 billion, a 36.62% increase from a year earlier, with the FY2025 full-year figure at $1.8 billion, up 41.22% from the prior year.
- Common Equity for Q1 2026 stood at $2.2 billion, up from $2.0 billion in the prior quarter.
- Over the last five years, Common Equity for ZS reached as high as $2.2 billion in Q1 2026 and fell as low as $431.3 million in Q4 2022.
- Historically, Common Equity has averaged $1.1 billion across 5 years, with a median of $958.9 million in 2024.
- Across the five-year window, Common Equity decreased 18.66% in 2022 and surged 87.24% in 2023, its largest moves.
- Year by year, Common Equity 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 grew by 10.78% to $2.2 billion in 2026.
- Per Business Quant data, the three most recent Common Equity figures were $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 | 2,842.90 Bn | 2,718.46 Bn | 56.06 Bn | 414.37 Bn |
| 2 | PagSeguro Digital | 2,572.26 Bn | 2,572.26 Bn | 358.92 Mn | 2.76 Bn |
| 3 | Oracle | 329.59 Bn | 297.69 Bn | - | 42.51 Bn |
| 4 | Repay Holdings | 314.63 Bn | 314.48 Bn | - | 484.43 Mn |
| 5 | Palantir Technologies | 294.47 Bn | 286.44 Bn | 1.42 Bn | 8.45 Bn |
| 6 | Palo Alto Networks | 227.51 Bn | 222.98 Bn | 1.91 Bn | 9.39 Bn |
| 7 | CrowdStrike Holdings | 183.28 Bn | 180.18 Bn | 993.68 Mn | 4.43 Bn |
| 8 | Fortinet | 112.44 Bn | 109.14 Bn | 1.49 Bn | 989.70 Mn |
| 9 | Cloudflare | 92.78 Bn | 91.83 Bn | 455.60 Mn | 1.53 Bn |
| 10 | Zscaler | 22.71 Bn | 19.35 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 |