Zscaler (ZS) Cost of Revenue (2017 - 2026)

Zscaler (ZS) has 10 years of Cost of Revenue data on file, last reported at $191.3 million in Q1 2026.

• Cost of Revenue for Q1 2026 came in at $191.3 million, down 37.88% year-over-year; the trailing twelve-month figure through Jan 2026 was $1.5 billion (up 74.49% YoY), and the FY2025 annual result was $1.3 billion, up 14.44% from the prior year.
• Cost of Revenue grew to $191.3 million in Q1 2026 per ZS's latest filing, from $184.8 million in the prior quarter.
• Over five years, Cost of Revenue peaked at $813.2 million in Q3 2025 and troughed at -$278.7 million in Q3 2022.
• A 5-year average of $216.5 million and a median of $184.8 million in 2025 frame the typical range for Cost of Revenue.
• On a YoY basis, Cost of Revenue climbed as much as 392.94% in 2022 and fell as far as 61.38% in 2022.
• A 5-year view of Cost of Revenue shows it stood at $76.7 million in 2022, then soared by 248.27% to $267.1 million in 2023, then tumbled by 47.04% to $141.5 million in 2024, then soared by 30.6% to $184.8 million in 2025, then advanced by 3.52% to $191.3 million in 2026.
• Business Quant data shows ZS's Cost of Revenue at $191.3 million in Q1 2026, $184.8 million in Q4 2025, and $813.2 million in Q3 2025.