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| 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 |