Zscaler (ZS) Equity Average (2017 - 2026)
Zscaler (ZS) reported Equity Average of $2.1 billion for Q1 2026, up 37.63% year-over-year from $1.5 billion in Q1 2025, and up 10.49% quarter-over-quarter from $1.9 billion in Q4 2025.
Zscaler (ZS) Equity Average (2017 - 2026) Analysis & Trends
Zscaler (ZS) has 10 years of Equity Average data on file, last reported at $2.1 billion in Q1 2026.
- Equity Average for Q1 2026 came in at $2.1 billion, up 37.63% year-over-year; the trailing twelve-month figure through Jan 2026 was $2.1 billion (up 37.63% YoY), and the FY2025 annual result was $1.5 billion, up 53.73% from the prior year.
- Equity Average rose to $2.1 billion in Q1 2026 per ZS's latest filing, from $1.9 billion in the prior quarter.
- Over five years, Equity Average peaked at $2.1 billion in Q1 2026 and troughed at $480.0 million in Q1 2023.
- A 5-year average of $1.1 billion and a median of $883.2 million in 2024 frame the typical range for Equity Average.
- The sharpest annual moves came in 2023 and 2024: Equity Average retreated 10.25% in 2023, then jumped 84.01% in 2024.
- A 5-year view of Equity Average shows it stood at $502.3 million in 2022, then soared by 52.57% to $766.3 million in 2023, then jumped by 76.34% to $1.4 billion in 2024, then jumped by 39.92% to $1.9 billion in 2025, then rose by 10.49% to $2.1 billion in 2026.
- Business Quant data shows ZS's Equity Average at $2.1 billion in Q1 2026, $1.9 billion in Q4 2025, and $1.8 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,095.86 Bn | 3,017.59 Bn | 56.06 Bn | 263.58 Bn |
| 2 | Alarum Technologies | 1,030.32 Bn | 1,016.16 Bn | 7.23 Mn | - |
| 3 | Oracle | 614.12 Bn | 575.54 Bn | 15.14 Bn | 39.54 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 | 9.03 Bn |
| 6 | CrowdStrike Holdings | 168.14 Bn | 165.09 Bn | 993.68 Mn | 4.22 Bn |
| 7 | Fortinet | 106.89 Bn | 103.59 Bn | 1.49 Bn | 1.11 Bn |
| 8 | Cloudflare | 88.20 Bn | 87.25 Bn | 455.60 Mn | 1.49 Bn |
| 9 | Synopsys | 88.13 Bn | 88.01 Bn | 1.77 Bn | 29.44 Bn |
| 10 | Zscaler | 20.81 Bn | 17.30 Bn | 624.49 Mn | 2.09 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 2.09 Bn |
| Oct 31, 2025 | 1.89 Bn |
| Jul 31, 2025 | 1.80 Bn |
| Apr 30, 2025 | 1.71 Bn |
| Jan 31, 2025 | 1.52 Bn |
| Oct 31, 2024 | 1.35 Bn |
| Jul 31, 2024 | 1.18 Bn |
| Apr 30, 2024 | 1.03 Bn |
| Jan 31, 2024 | 883.19 Mn |
| Oct 31, 2023 | 766.32 Mn |
| Jul 31, 2023 | 663.19 Mn |
| Apr 30, 2023 | 564.97 Mn |
| Jan 31, 2023 | 479.97 Mn |
| Oct 31, 2022 | 502.29 Mn |
| Jul 31, 2022 | 552.44 Mn |
| Apr 30, 2022 | 535.47 Mn |
| Jan 31, 2022 | 534.78 Mn |
| Oct 31, 2021 | 529.55 Mn |
| Jul 31, 2021 | 518.50 Mn |
| Apr 30, 2021 | 505.41 Mn |