Zscaler (ZS) Goodwill (2019 - 2026)

Zscaler (ZS) posted quarterly Goodwill of $1.0 billion for Q1 2026, up 139.72% year-over-year from $417.7 million in Q1 2025, and up 3009.94% quarter-over-quarter from $32.2 million in Q4 2025.

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

Zscaler (ZS) has reported Goodwill for 8 consecutive years, with $1.0 billion the latest figure, recorded in Q1 2026.

  • In Q1 2026, Goodwill rose 139.72% year-over-year to $1.0 billion; the TTM figure through Jan 2026 stood at $1.0 billion (up 139.72% YoY), while the FY2025 annual figure was $417.7 million, changed 0.17% from the prior year.
  • Goodwill improved to $1.0 billion in Q1 2026 per ZS's latest filing, from $32.2 million in the prior quarter.
  • Across five years, Goodwill topped out at $1.0 billion in Q1 2026 and bottomed at $800000.0 in Q1 2022.
  • Historically, Goodwill has averaged $246.9 million across 5 years, with a median of $92.4 million in 2023.
  • Annual changes were most pronounced in 2022 — Goodwill tumbled 97.34% — and 2023, when it soared 9712.5%.
  • Zscaler's Goodwill stood at $78.5 million in 2022, then increased by 17.66% to $92.4 million in 2023, then surged by 351.23% to $417.0 million in 2024, then sank by 92.28% to $32.2 million in 2025, then surged by 3009.94% to $1.0 billion in 2026.
  • Business Quant data shows ZS's Goodwill at $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 3,679.34 Bn 3,546.58 Bn 60.48 Bn
2 Oracle 433.50 Bn 402.15 Bn -
3 Palantir Technologies 418.20 Bn 408.90 Bn 1.64 Bn
4 Palo Alto Networks 312.41 Bn 309.30 Bn 2.03 Bn
5 Fortinet 117.38 Bn 113.31 Bn 1.64 Bn
6 Cloudflare 101.74 Bn 97.57 Bn 499.52 Mn
7 Synopsys 80.70 Bn 78.49 Bn 1.77 Bn
8 CoreWeave 58.00 Bn 52.46 Bn 1.70 Bn
9 Block 49.79 Bn 43.33 Bn 3.17 Bn
10 Zscaler 29.48 Bn 26.12 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