Zscaler ZS
NASDAQ ZS
$169.80 -8.00 (-4.50%)
As of: Sep 4, 2026 · 3:59 PM EDT

Zscaler (ZS) Enterprise Value (2018 - 2026)

Zscaler (ZS) posted quarterly Enterprise Value of -$3.4 billion for Q1 2026, down 16.72% year-over-year from -$4.0 billion in Q1 2025, and down 1.22% quarter-over-quarter from -$3.3 billion in Q4 2025.

Analysis

Zscaler (ZS) Enterprise Value (2018 - 2026) Analysis & Trends

Zscaler (ZS) has reported Enterprise Value for 10 consecutive years, with -$3.4 billion the latest figure, recorded in Q1 2026.

  • In Q1 2026, Enterprise Value fell 16.72% year-over-year to -$3.4 billion; the TTM figure through Jan 2026 stood at -$3.4 billion (down 16.72% YoY), while the FY2025 annual figure was -$2.7 billion, down 20.65% from the prior year.
  • Enterprise Value retreated to -$3.4 billion in Q1 2026 per ZS's latest filing, from -$3.3 billion in the prior quarter.
  • Across five years, Enterprise Value topped out at -$1.4 billion in Q3 2022 and bottomed at -$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.
  • Annual changes were most pronounced in 2022 — Enterprise Value increased 6.14% — and 2023, when it plunged 45.93%.
  • Zscaler's Enterprise Value stood at -$1.6 billion in 2022, then slumped by 45.93% to -$2.3 billion in 2023, then slipped by 10.82% to -$2.6 billion in 2024, then slipped by 28.93% to -$3.3 billion in 2025, then dropped by 1.22% to -$3.4 billion in 2026.
  • Business Quant data shows ZS's Enterprise Value at -$3.4 billion in Q1 2026, -$3.3 billion in Q4 2025, and -$2.7 billion in Q3 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Microsoft 3,718.29 Bn 3,585.54 Bn 60.48 Bn
2 Oracle 452.14 Bn 420.24 Bn -
3 Palantir Technologies 418.25 Bn 408.84 Bn 1.64 Bn
4 Palo Alto Networks 265.90 Bn 262.79 Bn 2.03 Bn
5 CrowdStrike Holdings 217.15 Bn 212.14 Bn 1.10 Bn
6 Fortinet 114.54 Bn 110.47 Bn 1.64 Bn
7 Cloudflare 98.54 Bn 94.37 Bn 499.52 Mn
8 Synopsys 75.44 Bn 71.83 Bn 1.80 Bn
9 Block 49.56 Bn 43.13 Bn 3.17 Bn
10 Zscaler 27.01 Bn 23.50 Bn 624.49 Mn
Historic Data

Historic Data

Download Data
DateValue
Jan 31, 2026 28.60 Bn
Oct 31, 2025 49.48 Bn
Jul 31, 2025 41.63 Bn
Apr 30, 2025 32.21 Bn
Jan 31, 2025 28.47 Bn
Oct 31, 2024 25.03 Bn
Jul 31, 2024 24.94 Bn
Apr 30, 2024 23.93 Bn
Jan 31, 2024 32.83 Bn
Oct 31, 2023 21.21 Bn
Jul 31, 2023 21.50 Bn
Apr 30, 2023 11.17 Bn
Jan 31, 2023 16.11 Bn
Oct 31, 2022 20.40 Bn
Jul 31, 2022 20.45 Bn
Apr 30, 2022 27.10 Bn
Jan 31, 2022 34.65 Bn
Oct 31, 2021 43.07 Bn
Jul 31, 2021 31.21 Bn
Apr 30, 2021 24.22 Bn