Zscaler (ZS) Goodwill (2019 - 2026)

Zscaler's (ZS) quarterly Goodwill came in at $1.0 billion in Q1 2026, up 139.72% year-on-year from $417.7 million in Q1 2025, and up 3009.94% on a QoQ basis from $32.2 million in Q4 2025.

Zscaler (ZS) Goodwill (2019 - 2026) Analysis & Trends

Zscaler (ZS) has 8 years of Goodwill data on file, last reported at $1.0 billion in Q1 2026.

  • On a quarterly basis, Goodwill rose 139.72% year-over-year to $1.0 billion in Q1 2026; TTM through Jan 2026 was $1.0 billion, a 139.72% increase from a year earlier, with the FY2025 full-year figure at $417.7 million, changed 0.17% from the prior year.
  • Goodwill for Q1 2026 stood at $1.0 billion, up from $32.2 million in the prior quarter.
  • Over the last five years, Goodwill for ZS reached as high as $1.0 billion in Q1 2026 and fell as low as $800000.0 in Q1 2022.
  • Historically, Goodwill has averaged $246.9 million across 5 years, with a median of $92.4 million in 2023.
  • Across the five-year window, Goodwill sank 97.34% in 2022 and jumped 9712.5% in 2023, its largest moves.
  • Year by year, Goodwill stood at $78.5 million in 2022, then gained by 17.66% to $92.4 million in 2023, then jumped by 351.23% to $417.0 million in 2024, then sank by 92.28% to $32.2 million in 2025, then jumped by 3009.94% to $1.0 billion in 2026.
  • Per Business Quant data, the three most recent Goodwill figures were $1.0 billion in Q1 2026, $32.2 million in Q4 2025, and $417.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Microsoft 2,842.90 Bn 2,718.46 Bn 56.06 Bn
2 PagSeguro Digital 2,572.26 Bn 2,572.26 Bn 358.92 Mn
3 Oracle 329.59 Bn 297.69 Bn -
4 Repay Holdings 314.63 Bn 314.48 Bn -
5 Palantir Technologies 294.47 Bn 286.44 Bn 1.42 Bn
6 Palo Alto Networks 227.51 Bn 222.98 Bn 1.91 Bn
7 CrowdStrike Holdings 183.28 Bn 180.18 Bn 993.68 Mn
8 Fortinet 112.44 Bn 109.14 Bn 1.49 Bn
9 Cloudflare 92.78 Bn 91.83 Bn 455.60 Mn
10 Zscaler 22.71 Bn 19.35 Bn 624.49 Mn

Historic Data

Download Data
DateValue
Jan 31, 2026 1.00 Bn
Oct 31, 2025 32.20 Mn
Jul 31, 2025 417.73 Mn
Apr 30, 2025 417.73 Mn
Jan 31, 2025 417.73 Mn
Oct 31, 2024 417.00 Mn
Jul 31, 2024 417.03 Mn
Apr 30, 2024 417.03 Mn
Jan 31, 2024 92.42 Mn
Oct 31, 2023 92.42 Mn
Jul 31, 2023 89.19 Mn
Apr 30, 2023 89.19 Mn
Jan 31, 2023 78.50 Mn
Oct 31, 2022 78.55 Mn
Jul 31, 2022 78.55 Mn
Apr 30, 2022 59.82 Mn
Jan 31, 2022 800,000.00
Oct 31, 2021 59.00 Mn
Jul 31, 2021 58.98 Mn
Apr 30, 2021 53.29 Mn