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
DateValue
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