Zscaler (ZS) Interest Expenses (2017 - 2026)
Zscaler (ZS) posted quarterly Interest Expenses of $27.5 million for Q1 2026, up 278.44% year-over-year from $7.3 million in Q1 2025, and down 2.16% quarter-over-quarter from $28.2 million in Q4 2025.
Zscaler (ZS) Interest Expenses (2017 - 2026) Analysis & Trends
Zscaler (ZS) has reported Interest Expenses for 10 consecutive years, with $27.5 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Interest Expenses rose 278.44% year-over-year to $27.5 million; the TTM figure through Jan 2026 stood at $27.5 million (up 278.44% YoY), while the FY2025 annual figure was $995.4 million, up 19.37% from the prior year.
- Interest Expenses fell to $27.5 million in Q1 2026 per ZS's latest filing, from $28.2 million in the prior quarter.
- Across five years, Interest Expenses topped out at $55.5 million in Q3 2022 and bottomed at $359000.0 in Q3 2024.
- Historically, Interest Expenses has averaged $15.9 million across 5 years, with a median of $11.0 million in 2023.
- Annual changes were most pronounced in 2024 — Interest Expenses plunged 93.43% — and 2025, when it soared 15098.05%.
- Zscaler's Interest Expenses stood at $8.3 million in 2022, then jumped by 32.87% to $11.0 million in 2023, then climbed by 28.98% to $14.2 million in 2024, then jumped by 98.21% to $28.2 million in 2025, then retreated by 2.16% to $27.5 million in 2026.
- Business Quant data shows ZS's Interest Expenses at $27.5 million in Q1 2026, $28.2 million in Q4 2025, and $54.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,679.34 Bn | 3,546.58 Bn | 60.48 Bn | 4.23 Bn |
| 2 | Oracle | 433.50 Bn | 402.15 Bn | - | 1.44 Bn |
| 3 | Palantir Technologies | 418.20 Bn | 408.90 Bn | 1.64 Bn | 15.96 Bn |
| 4 | Palo Alto Networks | 312.41 Bn | 309.30 Bn | 2.03 Bn | 889.00 Mn |
| 5 | Fortinet | 117.38 Bn | 113.31 Bn | 1.64 Bn | 75.20 Mn |
| 6 | Cloudflare | 101.74 Bn | 97.57 Bn | 499.52 Mn | 287.36 Mn |
| 7 | Synopsys | 80.70 Bn | 78.49 Bn | 1.77 Bn | 1.38 Bn |
| 8 | CoreWeave | 58.00 Bn | 52.46 Bn | 1.70 Bn | 29.14 Bn |
| 9 | Block | 49.79 Bn | 43.33 Bn | 3.17 Bn | 134.29 Mn |
| 10 | Zscaler | 29.48 Bn | 26.12 Bn | 624.49 Mn | 27.54 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 27.54 Mn |
| Jan 31, 2026 | 27.54 Mn |
| Oct 31, 2025 | 28.15 Mn |
| Oct 31, 2025 | 28.15 Mn |
| Jul 31, 2025 | 54.56 Mn |
| Jul 31, 2025 | 54.56 Mn |
| Apr 30, 2025 | 10.63 Mn |
| Apr 30, 2025 | 10.63 Mn |
| Jan 31, 2025 | 7.28 Mn |
| Jan 31, 2025 | 7.28 Mn |
| Oct 31, 2024 | 14.20 Mn |
| Oct 31, 2024 | 14.20 Mn |
| Jul 31, 2024 | 359,000.00 |
| Jul 31, 2024 | 359,000.00 |
| Apr 30, 2024 | 11.12 Mn |
| Apr 30, 2024 | 11.12 Mn |
| Jan 31, 2024 | 3.61 Mn |
| Jan 31, 2024 | 3.61 Mn |
| Oct 31, 2023 | 11.01 Mn |
| Oct 31, 2023 | 11.01 Mn |