Zscaler (ZS) Current Leases (2019 - 2026)

Zscaler (ZS) posted quarterly 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 reported Current Leases for 8 consecutive years, with $67.6 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Current Leases rose 35.4% year-over-year to $67.6 million; the TTM figure through Jan 2026 stood at $67.6 million (up 35.4% YoY), while the FY2025 annual figure was $52.5 million, up 3.21% from the prior year.
  • Current Leases fell to $67.6 million in Q1 2026 per ZS's latest filing, from $68.4 million in the prior quarter.
  • Across five years, Current Leases topped out at $68.4 million in Q4 2025 and bottomed at $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.
  • Annual changes were most pronounced in 2024 — Current Leases jumped 63.77% — and 2025, when it declined 7.13%.
  • Zscaler's Current Leases stood at $28.6 million in 2022, then jumped by 33.14% to $38.1 million in 2023, then surged by 30.05% to $49.6 million in 2024, then surged by 37.9% to $68.4 million in 2025, then fell 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 3,679.34 Bn 3,546.58 Bn 60.48 Bn -
2 Oracle 433.50 Bn 402.15 Bn - -
3 Palantir Technologies 418.20 Bn 408.90 Bn 1.64 Bn -
4 Palo Alto Networks 312.41 Bn 309.30 Bn 2.03 Bn -
5 Fortinet 117.38 Bn 113.31 Bn 1.64 Bn -
6 Cloudflare 101.74 Bn 97.57 Bn 499.52 Mn 78.24 Mn
7 Synopsys 80.70 Bn 78.49 Bn 1.77 Bn 133.10 Mn
8 CoreWeave 58.00 Bn 52.46 Bn 1.70 Bn 584.00 Mn
9 Block 49.79 Bn 43.33 Bn 3.17 Bn -
10 Zscaler 29.48 Bn 26.12 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