Zscaler (ZS) Equity Ratio (2017 - 2026)
Zscaler (ZS) reported Equity Ratio of 0.33 for Q1 2026, up 1.26% year-over-year from 0.32 in Q1 2025, and up 6.66% quarter-over-quarter from 0.3 in Q4 2025.
Zscaler (ZS) Equity Ratio (2017 - 2026) Analysis & Trends
Zscaler (ZS) has 10 years of Equity Ratio data on file, last reported at 0.33 in Q1 2026.
- Equity Ratio for Q1 2026 came in at 0.33, up 1.26% year-over-year; the trailing twelve-month figure through Jan 2026 was 0.33 (up 1.26% YoY), and the FY2025 annual result was 0.28, up 3.5% from the prior year.
- Equity Ratio grew to 0.33 in Q1 2026 per ZS's latest filing, from 0.3 in the prior quarter.
- Over five years, Equity Ratio peaked at 0.34 in Q2 2025 and troughed at 0.15 in Q4 2022.
- A 5-year average of 0.25 and a median of 0.24 in 2024 frame the typical range for Equity Ratio.
- The sharpest annual moves came in 2022 and 2023: Equity Ratio plunged 34.85% in 2022, then jumped 46.05% in 2023.
- A 5-year view of Equity Ratio shows it stood at 0.15 in 2022, then soared by 46.05% to 0.22 in 2023, then surged by 36.58% to 0.3 in 2024, then grew by 0.48% to 0.3 in 2025, then rose by 6.66% to 0.33 in 2026.
- Business Quant data shows ZS's Equity Ratio at 0.33 in Q1 2026, 0.3 in Q4 2025, and 0.28 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,095.86 Bn | 3,017.59 Bn | 56.06 Bn | 0.60 |
| 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 | 0.16 |
| 4 | Palantir Technologies | 324.44 Bn | 316.52 Bn | 1.42 Bn | 0.83 |
| 5 | Palo Alto Networks | 189.07 Bn | 184.54 Bn | 1.91 Bn | 0.38 |
| 6 | CrowdStrike Holdings | 168.14 Bn | 165.09 Bn | 993.68 Mn | 0.40 |
| 7 | Fortinet | 106.89 Bn | 103.59 Bn | 1.49 Bn | 0.10 |
| 8 | Cloudflare | 88.20 Bn | 87.25 Bn | 455.60 Mn | 0.25 |
| 9 | Synopsys | 88.13 Bn | 88.01 Bn | 1.77 Bn | 0.65 |
| 10 | Zscaler | 20.81 Bn | 17.30 Bn | 624.49 Mn | 0.33 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 0.33 |
| Oct 31, 2025 | 0.30 |
| Jul 31, 2025 | 0.28 |
| Apr 30, 2025 | 0.34 |
| Jan 31, 2025 | 0.32 |
| Oct 31, 2024 | 0.30 |
| Jul 31, 2024 | 0.27 |
| Apr 30, 2024 | 0.26 |
| Jan 31, 2024 | 0.24 |
| Oct 31, 2023 | 0.22 |
| Jul 31, 2023 | 0.20 |
| Apr 30, 2023 | 0.19 |
| Jan 31, 2023 | 0.17 |
| Oct 31, 2022 | 0.15 |
| Jul 31, 2022 | 0.20 |
| Apr 30, 2022 | 0.21 |
| Jan 31, 2022 | 0.22 |
| Oct 31, 2021 | 0.23 |
| Jul 31, 2021 | 0.23 |
| Apr 30, 2021 | 0.25 |