Zscaler (ZS) Enterprise Value (2017 - 2026)
Zscaler's (ZS) quarterly Enterprise Value came in at -$3.4 billion in Q1 2026, down 16.72% year-on-year from -$4.0 billion in Q1 2025, and down 1.22% on a QoQ basis from -$3.3 billion in Q4 2025.
Zscaler (ZS) Enterprise Value (2017 - 2026) Analysis & Trends
Zscaler (ZS) has 10 years of Enterprise Value data on file, last reported at -$3.4 billion in Q1 2026.
- On a quarterly basis, Enterprise Value fell 16.72% year-over-year to -$3.4 billion in Q1 2026; TTM through Jan 2026 was -$3.4 billion, a 16.72% decrease from a year earlier, with the FY2025 full-year figure at -$2.7 billion, down 20.65% from the prior year.
- Enterprise Value for Q1 2026 stood at -$3.4 billion, down from -$3.3 billion in the prior quarter.
- Over the last five years, Enterprise Value for ZS reached as high as -$1.4 billion in Q3 2022 and fell as low as -$3.4 billion in Q1 2026.
- Historically, Enterprise Value has averaged -$2.3 billion across 5 years, with a median of -$2.3 billion in 2024.
- Across the five-year window, Enterprise Value climbed 6.14% in 2022 and slumped 45.93% in 2023, its largest moves.
- Year by year, Enterprise Value stood at -$1.6 billion in 2022, then slumped by 45.93% to -$2.3 billion in 2023, then declined by 10.82% to -$2.6 billion in 2024, then declined by 28.93% to -$3.3 billion in 2025, then fell by 1.22% to -$3.4 billion in 2026.
- Per Business Quant data, the three most recent Enterprise Value figures were -$3.4 billion in Q1 2026, -$3.3 billion in Q4 2025, and -$2.7 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,842.90 Bn | 2,718.46 Bn | 56.06 Bn | -124.44 Bn |
| 2 | PagSeguro Digital | 2,572.26 Bn | 2,572.26 Bn | 358.92 Mn | -331.99 Mn |
| 3 | Oracle | 329.59 Bn | 297.69 Bn | - | -31.35 Bn |
| 4 | Repay Holdings | 314.63 Bn | 314.48 Bn | - | -147.67 Mn |
| 5 | Palantir Technologies | 294.47 Bn | 286.44 Bn | 1.42 Bn | -7.92 Bn |
| 6 | Palo Alto Networks | 227.51 Bn | 222.98 Bn | 1.91 Bn | -4.54 Bn |
| 7 | CrowdStrike Holdings | 183.28 Bn | 180.18 Bn | 993.68 Mn | -3.06 Bn |
| 8 | Fortinet | 112.44 Bn | 109.14 Bn | 1.49 Bn | -3.29 Bn |
| 9 | Cloudflare | 92.78 Bn | 91.83 Bn | 455.60 Mn | -943.18 Mn |
| 10 | Zscaler | 22.71 Bn | 19.35 Bn | 624.49 Mn | -3.36 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | -3.36 Bn |
| Oct 31, 2025 | -3.32 Bn |
| Jul 31, 2025 | -2.73 Bn |
| Apr 30, 2025 | -3.01 Bn |
| Jan 31, 2025 | -2.88 Bn |
| Oct 31, 2024 | -2.58 Bn |
| Jul 31, 2024 | -2.26 Bn |
| Apr 30, 2024 | -2.24 Bn |
| Jan 31, 2024 | -2.46 Bn |
| Oct 31, 2023 | -2.32 Bn |
| Jul 31, 2023 | -1.97 Bn |
| Apr 30, 2023 | -1.79 Bn |
| Jan 31, 2023 | -1.91 Bn |
| Oct 31, 2022 | -1.59 Bn |
| Jul 31, 2022 | -1.41 Bn |
| Apr 30, 2022 | -1.66 Bn |
| Jan 31, 2022 | -1.62 Bn |
| Oct 31, 2021 | -1.49 Bn |
| Jul 31, 2021 | -1.50 Bn |
| Apr 30, 2021 | -1.47 Bn |