Zscaler (ZS) Enterprise Value (2017 - 2026)
Zscaler (ZS) reported Enterprise Value of -$3.5 billion for Q1 2026, down 21.96% year-over-year from -$4.5 billion in Q1 2025, and down 5.77% quarter-over-quarter 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 -$3.5 billion in Q1 2026.
- Enterprise Value for Q1 2026 came in at -$3.5 billion, down 21.96% year-over-year; the trailing twelve-month figure through Jan 2026 was -$3.5 billion (down 21.96% YoY), and the FY2025 annual result was -$2.7 billion, down 20.65% from the prior year.
- Enterprise Value declined to -$3.5 billion in Q1 2026 per ZS's latest filing, from -$3.3 billion in the prior quarter.
- Over five years, Enterprise Value peaked at -$1.4 billion in Q3 2022 and troughed at -$3.5 billion in Q1 2026.
- A 5-year average of -$2.3 billion and a median of -$2.2 billion in 2024 frame the typical range for Enterprise Value.
- The sharpest annual moves came in 2022 and 2024: Enterprise Value increased 6.14% in 2022, then tumbled 53.88% in 2024.
- A 5-year view of Enterprise Value shows it stood at -$1.6 billion in 2022, then slumped by 37.25% to -$2.2 billion in 2023, then declined by 17.84% to -$2.6 billion in 2024, then decreased by 28.93% to -$3.3 billion in 2025, then fell by 5.77% to -$3.5 billion in 2026.
- Business Quant data shows ZS's Enterprise Value at -$3.5 billion in Q1 2026, -$3.3 billion in Q4 2025, and -$2.7 billion in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,095.86 Bn | 3,017.59 Bn | 56.06 Bn | -78.27 Bn |
| 2 | Alarum Technologies | 1,030.32 Bn | 1,016.16 Bn | 7.23 Mn | -14.15 Bn |
| 3 | Oracle | 614.12 Bn | 575.54 Bn | 15.14 Bn | -38.58 Bn |
| 4 | Palantir Technologies | 324.44 Bn | 316.52 Bn | 1.42 Bn | -7.92 Bn |
| 5 | Palo Alto Networks | 189.07 Bn | 184.54 Bn | 1.91 Bn | -4.54 Bn |
| 6 | CrowdStrike Holdings | 168.14 Bn | 165.09 Bn | 993.68 Mn | -3.06 Bn |
| 7 | Fortinet | 106.89 Bn | 103.59 Bn | 1.49 Bn | -3.29 Bn |
| 8 | Cloudflare | 88.20 Bn | 87.25 Bn | 455.60 Mn | -943.18 Mn |
| 9 | Synopsys | 88.13 Bn | 88.01 Bn | 1.77 Bn | -117.84 Mn |
| 10 | Zscaler | 20.81 Bn | 17.30 Bn | 624.49 Mn | -3.51 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | -3.51 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 | -2.19 Bn |
| Jul 31, 2023 | -2.10 Bn |
| Apr 30, 2023 | -1.97 Bn |
| Jan 31, 2023 | -1.60 Bn |
| Oct 31, 2022 | -1.59 Bn |
| Jul 31, 2022 | -1.41 Bn |
| Apr 30, 2022 | -1.44 Bn |
| Jan 31, 2022 | -1.62 Bn |
| Oct 31, 2021 | -1.58 Bn |
| Jul 31, 2021 | -1.50 Bn |
| Apr 30, 2021 | -1.47 Bn |