Zscaler (ZS) Current Leases (2019 - 2026)
Zscaler's (ZS) quarterly Current Leases came in at $67.6 million in Q1 2026, up 35.4% year-on-year from $49.9 million in Q1 2025, and down 1.19% on a QoQ basis from $68.4 million in Q4 2025.
Zscaler (ZS) Current Leases (2019 - 2026) Analysis & Trends
Zscaler (ZS) has 8 years of Current Leases data on file, last reported at $67.6 million in Q1 2026.
- On a quarterly basis, Current Leases rose 35.4% year-over-year to $67.6 million in Q1 2026; TTM through Jan 2026 was $67.6 million, a 35.4% increase from a year earlier, with the FY2025 full-year figure at $52.5 million, up 3.21% from the prior year.
- Current Leases for Q1 2026 stood at $67.6 million, down from $68.4 million in the prior quarter.
- Over the last five years, Current Leases for ZS reached as high as $68.4 million in Q4 2025 and fell as low as $19.6 million in Q2 2022.
- Historically, Current Leases has averaged $41.7 million across 5 years, with a median of $44.8 million in 2024.
- Across the five-year window, Current Leases surged 63.77% in 2024 and slipped 7.13% in 2025, its largest moves.
- Year by year, Current Leases stood at $28.6 million in 2022, then soared by 33.14% to $38.1 million in 2023, then jumped by 30.05% to $49.6 million in 2024, then jumped by 37.9% to $68.4 million in 2025, then decreased by 1.19% to $67.6 million in 2026.
- Per Business Quant data, the three most recent Current Leases figures were $67.6 million in Q1 2026, $68.4 million in Q4 2025, and $52.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,842.90 Bn | 2,718.46 Bn | 56.06 Bn | - |
| 2 | PagSeguro Digital | 2,572.26 Bn | 2,572.26 Bn | 358.92 Mn | - |
| 3 | Oracle | 329.59 Bn | 297.69 Bn | - | - |
| 4 | Repay Holdings | 314.63 Bn | 314.48 Bn | - | 1.55 Mn |
| 5 | Palantir Technologies | 294.47 Bn | 286.44 Bn | 1.42 Bn | - |
| 6 | Palo Alto Networks | 227.51 Bn | 222.98 Bn | 1.91 Bn | - |
| 7 | CrowdStrike Holdings | 183.28 Bn | 180.18 Bn | 993.68 Mn | 18.23 Mn |
| 8 | Fortinet | 112.44 Bn | 109.14 Bn | 1.49 Bn | - |
| 9 | Cloudflare | 92.78 Bn | 91.83 Bn | 455.60 Mn | 74.60 Mn |
| 10 | Zscaler | 22.71 Bn | 19.35 Bn | 624.49 Mn | 67.59 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 67.59 Mn |
| Oct 31, 2025 | 68.40 Mn |
| Jul 31, 2025 | 52.50 Mn |
| Apr 30, 2025 | 47.23 Mn |
| Jan 31, 2025 | 49.92 Mn |
| Oct 31, 2024 | 49.60 Mn |
| Jul 31, 2024 | 50.87 Mn |
| Apr 30, 2024 | 50.86 Mn |
| Jan 31, 2024 | 44.77 Mn |
| Oct 31, 2023 | 38.14 Mn |
| Jul 31, 2023 | 34.47 Mn |
| Apr 30, 2023 | 31.05 Mn |
| Jan 31, 2023 | 29.17 Mn |
| Oct 31, 2022 | 28.65 Mn |
| Jul 31, 2022 | 26.10 Mn |
| Apr 30, 2022 | 19.60 Mn |
| Jan 31, 2022 | 19.67 Mn |
| Oct 31, 2021 | 20.49 Mn |
| Jul 31, 2021 | 19.84 Mn |
| Apr 30, 2021 | 20.97 Mn |