Zscaler (ZS) Convertible Debt (2020 - 2026)
Zscaler's (ZS) quarterly Convertible Debt came in at $1.7 billion in Q3 2026, little changed year-over-year from $1.7 billion in Q3 2025, and little changed quarter-over-quarter from $1.7 billion in Q1 2026.
Zscaler (ZS) Convertible Debt (2020 - 2026) Analysis & Trends
Zscaler (ZS) has reported Convertible Debt for 7 consecutive years, with $1.7 billion the latest figure, recorded in Q3 2026.
- On a quarterly basis, Convertible Debt changed 0.26% year-over-year to $1.7 billion in Q3 2026; TTM through Jul 2026 was $1.7 billion, a 0.26% change from a year earlier, with the FY2026 full-year figure at $1.7 billion, changed 0.26% from the prior year.
- Convertible Debt was $1.7 billion for Q3 2026 at Zscaler, roughly flat from $1.7 billion in the prior quarter.
- Over five years, Convertible Debt peaked at $1.7 billion in Q1 2026 and troughed at $940.7 million in Q1 2022.
- A 5-year average of $1.3 billion and a median of $1.1 billion in 2022 frame the typical range for Convertible Debt.
- Across the five-year window, Convertible Debt climbed 22.93% in 2022 and retreated 0.48% in 2023, its largest moves.
- Over 5 years, Convertible Debt stood at $1.1 billion in 2022, then fell by 0.48% to $1.1 billion in 2023, then advanced by 0.32% to $1.1 billion in 2024, then soared by 49.41% to $1.7 billion in 2025, then fell by 0.21% to $1.7 billion in 2026.
- The last three Convertible Debt figures came in at $1.7 billion (Q3 2026), $1.7 billion (Q1 2026), and $1.7 billion (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 320.54 Bn | 317.47 Bn | 2.30 Bn |
| 2 | CrowdStrike Holdings | 268.77 Bn | 263.80 Bn | 1.10 Bn |
| 3 | Fortinet | 131.12 Bn | 127.05 Bn | 1.64 Bn |
| 4 | Snowflake | 118.02 Bn | 115.67 Bn | 1.04 Bn |
| 5 | Datadog | 90.27 Bn | 85.29 Bn | 881.34 Mn |
| 6 | Axon Enterprise | 36.61 Bn | 35.93 Bn | 546.45 Mn |
| 7 | Zscaler | 34.97 Bn | 31.49 Bn | - |
| 8 | MongoDB | 34.51 Bn | 32.10 Bn | 569.77 Mn |
| 9 | Okta | 34.32 Bn | 32.02 Bn | 641.00 Mn |
| 10 | Baidu | 30.55 Bn | 8.15 Bn | 1.76 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 1.70 Bn |
| Jan 31, 2026 | 1.70 Bn |
| Oct 31, 2025 | 1.70 Bn |
| Jul 31, 2025 | 1.70 Bn |
| Apr 30, 2024 | 1.14 Bn |
| Jan 31, 2024 | 1.14 Bn |
| Oct 31, 2023 | 1.13 Bn |
| Jul 31, 2023 | 1.13 Bn |
| Apr 30, 2023 | 1.14 Bn |
| Jan 31, 2023 | 1.14 Bn |
| Oct 31, 2022 | 1.14 Bn |
| Jul 31, 2022 | 968.67 Mn |
| Apr 30, 2022 | 954.58 Mn |
| Jan 31, 2022 | 940.69 Mn |
| Oct 31, 2021 | 927.01 Mn |
| Jul 31, 2021 | 913.54 Mn |
| Apr 30, 2021 | 900.26 Mn |
| Jan 31, 2021 | 887.19 Mn |
| Oct 31, 2020 | 874.36 Mn |
| Jul 31, 2020 | 861.62 Mn |
Zscaler Convertible Debt 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=convertible-debt&ticker=ZS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "convertible-debt", "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=convertible-debt&ticker=ZS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();