Zscaler (ZS) Intangibles (2019 - 2026)

Zscaler (ZS) posted quarterly Intangibles of $193.4 million for Q1 2026, up 247.44% year-over-year from $55.7 million in Q1 2025, and down 10.18% quarter-over-quarter from $215.3 million in Q4 2025.

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

Zscaler (ZS) has reported Intangibles for 8 consecutive years, with $193.4 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Intangibles rose 247.44% year-over-year to $193.4 million; the TTM figure through Jan 2026 stood at $193.4 million (up 247.44% YoY), while the FY2025 annual figure was $47.3 million, down 25.87% from the prior year.
  • Intangibles slipped to $193.4 million in Q1 2026 per ZS's latest filing, from $215.3 million in the prior quarter.
  • Across five years, Intangibles topped out at $215.3 million in Q4 2025 and bottomed at $22.5 million in Q1 2024.
  • Historically, Intangibles has averaged $59.0 million across 5 years, with a median of $31.8 million in 2022.
  • On a YoY basis, Intangibles climbed as much as 261.26% in 2025 and fell as far as 25.87% in 2025.
  • Zscaler's Intangibles stood at $29.3 million in 2022, then declined by 12.45% to $25.6 million in 2023, then surged by 132.58% to $59.6 million in 2024, then jumped by 261.26% to $215.3 million in 2025, then fell by 10.18% to $193.4 million in 2026.
  • Business Quant data shows ZS's Intangibles at $193.4 million in Q1 2026, $215.3 million in Q4 2025, and $47.3 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Intangibles (Qtr)
1 Microsoft 3,679.34 Bn 3,546.58 Bn 60.48 Bn 44.08 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 7.28 Bn
5 Fortinet 117.38 Bn 113.31 Bn 1.64 Bn 77.10 Mn
6 Cloudflare 101.74 Bn 97.57 Bn 499.52 Mn 57.37 Mn
7 Synopsys 80.70 Bn 78.49 Bn 1.77 Bn 12.29 Bn
8 CoreWeave 58.00 Bn 52.46 Bn 1.70 Bn 245.00 Mn
9 Block 49.79 Bn 43.33 Bn 3.17 Bn 1.20 Bn
10 Zscaler 29.48 Bn 26.12 Bn 624.49 Mn 193.38 Mn

Historic Data

Download Data
DateValue
Jan 31, 2026 193.38 Mn
Oct 31, 2025 215.29 Mn
Jul 31, 2025 47.32 Mn
Apr 30, 2025 51.40 Mn
Jan 31, 2025 55.66 Mn
Oct 31, 2024 59.60 Mn
Jul 31, 2024 63.84 Mn
Apr 30, 2024 68.96 Mn
Jan 31, 2024 22.54 Mn
Oct 31, 2023 25.62 Mn
Jul 31, 2023 25.86 Mn
Apr 30, 2023 28.84 Mn
Jan 31, 2023 26.72 Mn
Oct 31, 2022 29.27 Mn
Jul 31, 2022 31.82 Mn
Apr 30, 2022 27.03 Mn
Jan 31, 2022 29.27 Mn
Oct 31, 2021 29.90 Mn
Jul 31, 2021 32.13 Mn
Apr 30, 2021 26.50 Mn