Zscaler (ZS) Depreciation & Amortization (CF) (2017 - 2026)
Zscaler (ZS) posted quarterly Depreciation & Amortization (CF) of $34.9 million for Q1 2026, up 42.43% year-over-year from $24.5 million in Q1 2025, and up 6.71% quarter-over-quarter from $32.7 million in Q4 2025.
Zscaler (ZS) Depreciation & Amortization (CF) (2017 - 2026) Analysis & Trends
Zscaler (ZS) has reported Depreciation & Amortization (CF) for 10 consecutive years, with $34.9 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Depreciation & Amortization (CF) rose 42.43% year-over-year to $34.9 million; the TTM figure through Jan 2026 stood at $126.1 million (up 52.06% YoY), while the FY2025 annual figure was $104.4 million, up 57.47% from the prior year.
- Depreciation & Amortization (CF) rose to $34.9 million in Q1 2026 per ZS's latest filing, from $32.7 million in the prior quarter.
- Across five years, Depreciation & Amortization (CF) topped out at $34.9 million in Q1 2026 and bottomed at $10.0 million in Q1 2022.
- Historically, Depreciation & Amortization (CF) has averaged $19.2 million across 5 years, with a median of $16.0 million in 2023.
- Annual changes were most pronounced in 2024 — Depreciation & Amortization (CF) climbed 14.93% — and 2025, when it surged 59.32%.
- Zscaler's Depreciation & Amortization (CF) stood at $11.9 million in 2022, then grew by 17.33% to $14.0 million in 2023, then soared by 53.44% to $21.4 million in 2024, then soared by 52.64% to $32.7 million in 2025, then gained by 6.71% to $34.9 million in 2026.
- Business Quant data shows ZS's Depreciation & Amortization (CF) at $34.9 million in Q1 2026, $32.7 million in Q4 2025, and $30.3 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation & Amortization (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,679.34 Bn | 3,546.58 Bn | 60.48 Bn | 11.02 Bn |
| 2 | Oracle | 433.50 Bn | 402.15 Bn | - | 2.39 Bn |
| 3 | Palantir Technologies | 418.20 Bn | 408.90 Bn | 1.64 Bn | 8.22 Mn |
| 4 | Palo Alto Networks | 312.41 Bn | 309.30 Bn | 2.03 Bn | 334.00 Mn |
| 5 | Fortinet | 117.38 Bn | 113.31 Bn | 1.64 Bn | 41.40 Mn |
| 6 | Cloudflare | 101.74 Bn | 97.57 Bn | 499.52 Mn | 65.36 Mn |
| 7 | Synopsys | 80.70 Bn | 78.49 Bn | 1.77 Bn | 450.69 Mn |
| 8 | CoreWeave | 58.00 Bn | 52.46 Bn | 1.70 Bn | 1.39 Bn |
| 9 | Block | 49.79 Bn | 43.33 Bn | 3.17 Bn | 95.05 Mn |
| 10 | Zscaler | 29.48 Bn | 26.12 Bn | 624.49 Mn | 34.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 34.90 Mn |
| Jan 31, 2026 | 34.90 Mn |
| Oct 31, 2025 | 32.70 Mn |
| Oct 31, 2025 | 32.70 Mn |
| Jul 31, 2025 | 30.30 Mn |
| Jul 31, 2025 | 30.30 Mn |
| Apr 30, 2025 | 28.20 Mn |
| Apr 30, 2025 | 28.20 Mn |
| Jan 31, 2025 | 24.50 Mn |
| Jan 31, 2025 | 24.50 Mn |
| Oct 31, 2024 | 21.42 Mn |
| Oct 31, 2024 | 21.42 Mn |
| Jul 31, 2024 | 19.30 Mn |
| Jul 31, 2024 | 19.30 Mn |
| Apr 30, 2024 | 17.70 Mn |
| Apr 30, 2024 | 17.70 Mn |
| Jan 31, 2024 | 15.40 Mn |
| Jan 31, 2024 | 15.40 Mn |
| Oct 31, 2023 | 13.96 Mn |
| Oct 31, 2023 | 13.96 Mn |