Zscaler (ZS) Enterprise Value (2018 - 2026)
Zscaler (ZS) reported Enterprise Value of $21.18 billion for fiscal Q4 2026 (quarter ended Jul 31, 2026), down 49.1% from $41.63 billion a year earlier.
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Analysis
Zscaler (ZS) Enterprise Value (2018 - 2026) Analysis & Trends
Dating back to fiscal Q3 2018, Zscaler's Enterprise Value record includes 33 quarters.
- Enterprise Value has a five-year compound annual growth rate of -7.5% (FY2021 to FY2026).
- By fiscal year, Enterprise Value came in at $41.63 billion in FY2025 (+66.9%), $24.94 billion in FY2024 (+16.0%), $21.5 billion in FY2023 (+5.2%) and $20.45 billion in FY2022 (-34.5%).
- The fiscal Q4 2026 figure ranks as the lowest quarterly Enterprise Value since fiscal Q3 2023.
- Year over year, Enterprise Value gained in five of the last seven quarters, with growth averaging 22.2%.
- The high point for year-over-year Enterprise Value in five years was fiscal Q1 2022 (growth of 156.4%); the low point was fiscal Q3 2023 (a decline of 58.8%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 235.00 Bn | 220.07 Bn | 2.30 Bn |
| 2 | CrowdStrike Holdings | 221.18 Bn | 201.58 Bn | 1.10 Bn |
| 3 | Snowflake | 96.49 Bn | 83.81 Bn | 1.04 Bn |
| 4 | Fortinet | 87.26 Bn | 71.51 Bn | 1.64 Bn |
| 5 | Datadog | 64.27 Bn | 44.82 Bn | 959.92 Mn |
| 6 | Zscaler | 31.67 Bn | 17.82 Bn | 689.22 Mn |
| 7 | Okta | 29.42 Bn | 19.51 Bn | 641.00 Mn |
| 8 | Axon Enterprise | 25.30 Bn | 19.82 Bn | 546.45 Mn |
| 9 | MongoDB | 25.20 Bn | 15.67 Bn | 569.77 Mn |
| 10 | Roku | 23.89 Bn | 13.92 Bn | 648.52 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 21.18 Bn |
| 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 |
API Access
Zscaler Enterprise Value API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=enterprise-value&ticker=ZS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "ticker": "ZS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=enterprise-value&ticker=ZS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();