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| Date | Value |
|---|---|
| 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 |