Zscaler (ZS) Goodwill & Intangibles (2019 - 2026)
Zscaler (ZS) posted quarterly Goodwill & Intangibles of $1.2 billion for Q1 2026, up 152.39% year-over-year from $473.4 million in Q1 2025, and up 382.76% quarter-over-quarter from $247.5 million in Q4 2025.
Analysis
Zscaler (ZS) Goodwill & Intangibles (2019 - 2026) Analysis & Trends
Zscaler (ZS) has reported Goodwill & Intangibles for 8 consecutive years, with $1.2 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Goodwill & Intangibles rose 152.39% year-over-year to $1.2 billion; the TTM figure through Jan 2026 stood at $1.2 billion (up 152.39% YoY), while the FY2025 annual figure was $465.1 million, down 3.29% from the prior year.
- Goodwill & Intangibles rose to $1.2 billion in Q1 2026 per ZS's latest filing, from $247.5 million in the prior quarter.
- Across five years, Goodwill & Intangibles topped out at $1.2 billion in Q1 2026 and bottomed at $30.1 million in Q1 2022.
- Historically, Goodwill & Intangibles has averaged $305.9 million across 5 years, with a median of $118.0 million in 2023.
- Annual changes were most pronounced in 2024 — Goodwill & Intangibles soared 317.96% — and 2025, when it sank 48.07%.
- Zscaler's Goodwill & Intangibles stood at $107.8 million in 2022, then gained by 9.48% to $118.0 million in 2023, then jumped by 303.76% to $476.6 million in 2024, then tumbled by 48.07% to $247.5 million in 2025, then jumped by 382.76% to $1.2 billion in 2026.
- Business Quant data shows ZS's Goodwill & Intangibles at $1.2 billion in Q1 2026, $247.5 million in Q4 2025, and $465.1 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,718.29 Bn | 3,585.54 Bn | 60.48 Bn |
| 2 | Oracle | 452.14 Bn | 420.24 Bn | - |
| 3 | Palantir Technologies | 418.25 Bn | 408.84 Bn | 1.64 Bn |
| 4 | Palo Alto Networks | 265.90 Bn | 262.79 Bn | 2.03 Bn |
| 5 | CrowdStrike Holdings | 217.15 Bn | 212.14 Bn | 1.10 Bn |
| 6 | Fortinet | 114.54 Bn | 110.47 Bn | 1.64 Bn |
| 7 | Cloudflare | 98.54 Bn | 94.37 Bn | 499.52 Mn |
| 8 | Synopsys | 75.44 Bn | 71.83 Bn | 1.80 Bn |
| 9 | Block | 49.56 Bn | 43.13 Bn | 3.17 Bn |
| 10 | Zscaler | 27.01 Bn | 23.50 Bn | 624.49 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jan 31, 2026 | 1.19 Bn |
| Oct 31, 2025 | 1.21 Bn |
| Jul 31, 2025 | 465.05 Mn |
| Apr 30, 2025 | 469.13 Mn |
| Jan 31, 2025 | 473.39 Mn |
| Oct 31, 2024 | 476.62 Mn |
| Jul 31, 2024 | 480.86 Mn |
| Apr 30, 2024 | 485.99 Mn |
| Jan 31, 2024 | 114.96 Mn |
| Oct 31, 2023 | 118.04 Mn |
| Jul 31, 2023 | 115.05 Mn |
| Apr 30, 2023 | 118.03 Mn |
| Jan 31, 2023 | 105.26 Mn |
| Oct 31, 2022 | 107.81 Mn |
| Jul 31, 2022 | 110.37 Mn |
| Apr 30, 2022 | 86.86 Mn |
| Jan 31, 2022 | 89.10 Mn |
| Oct 31, 2021 | 88.90 Mn |
| Jul 31, 2021 | 91.11 Mn |
| Apr 30, 2021 | 79.79 Mn |