Zscaler (ZS) Current Leases (2019 - 2026)

Zscaler (ZS) reported Current Leases of $67.6 million for Q1 2026, up 35.4% year-over-year from $49.9 million in Q1 2025, and down 1.19% quarter-over-quarter 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.

  • Current Leases for Q1 2026 came in at $67.6 million, up 35.4% year-over-year; the trailing twelve-month figure through Jan 2026 was $67.6 million (up 35.4% YoY), and the FY2025 annual result was $52.5 million, up 3.21% from the prior year.
  • Current Leases slipped to $67.6 million in Q1 2026 per ZS's latest filing, from $68.4 million in the prior quarter.
  • Over five years, Current Leases peaked at $68.4 million in Q4 2025 and troughed at $19.6 million in Q2 2022.
  • A 5-year average of $41.7 million and a median of $44.8 million in 2024 frame the typical range for Current Leases.
  • The sharpest annual moves came in 2024 and 2025: Current Leases jumped 63.77% in 2024, then declined 7.13% in 2025.
  • A 5-year view of Current Leases shows it 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 declined by 1.19% to $67.6 million in 2026.
  • Business Quant data shows ZS's Current Leases at $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 3,095.86 Bn 3,017.59 Bn 56.06 Bn -
2 Alarum Technologies 1,030.32 Bn 1,016.16 Bn 7.23 Mn 786.00 Mn
3 Oracle 614.12 Bn 575.54 Bn 15.14 Bn -
4 Palantir Technologies 324.44 Bn 316.52 Bn 1.42 Bn -
5 Palo Alto Networks 189.07 Bn 184.54 Bn 1.91 Bn -
6 CrowdStrike Holdings 168.14 Bn 165.09 Bn 993.68 Mn 18.23 Mn
7 Fortinet 106.89 Bn 103.59 Bn 1.49 Bn -
8 Cloudflare 88.20 Bn 87.25 Bn 455.60 Mn 74.60 Mn
9 Synopsys 88.13 Bn 88.01 Bn 1.77 Bn 133.10 Mn
10 Zscaler 20.81 Bn 17.30 Bn 624.49 Mn 67.59 Mn

Historic Data

Download Data
DateValue
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