Zscaler (ZS) Invested Capital (2017 - 2026)

Zscaler (ZS) has 10 years of Invested Capital data on file, last reported at $2.2 billion in Q1 2026.

• Invested Capital for Q1 2026 came in at $2.2 billion, up 36.62% year-over-year; the trailing twelve-month figure through Jan 2026 was $2.2 billion (up 36.62% YoY), and the FY2025 annual result was $1.8 billion, up 41.22% from the prior year.
• Invested Capital improved to $2.2 billion in Q1 2026 per ZS's latest filing, from $2.0 billion in the prior quarter.
• Over five years, Invested Capital peaked at $2.2 billion in Q1 2026 and troughed at $431.3 million in Q4 2022.
• A 5-year average of $1.1 billion and a median of $958.9 million in 2024 frame the typical range for Invested Capital.
• The sharpest annual moves came in 2022 and 2023: Invested Capital dropped 18.66% in 2022, then jumped 87.24% in 2023.
• A 5-year view of Invested Capital shows it stood at $431.3 million in 2022, then surged by 87.24% to $807.5 million in 2023, then surged by 76.9% to $1.4 billion in 2024, then soared by 38.77% to $2.0 billion in 2025, then gained by 10.78% to $2.2 billion in 2026.
• Business Quant data shows ZS's Invested Capital at $2.2 billion in Q1 2026, $2.0 billion in Q4 2025, and $1.8 billion in Q3 2025.