Zscaler (ZS) Market Capitalization (2018 - 2026)
Zscaler (ZS) recorded Market Capitalization of $24.65 billion in fiscal Q4 2026 (quarter ended Jul 31, 2026), down 45.5% from $45.2 billion a year earlier.
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Analysis
Zscaler (ZS) Market Capitalization (2018 - 2026) Analysis & Trends
Starting with fiscal Q3 2018, Zscaler's Market Capitalization history includes 33 quarters.
- Annual Market Capitalization has a five-year compound annual growth rate of -5.5% (FY2021 to FY2026).
- Across earlier fiscal years, Market Capitalization came in at $45.2 billion in FY2025 (+65.3%), $27.35 billion in FY2024 (+15.9%), $23.6 billion in FY2023 (+6.4%) and $22.18 billion in FY2022 (-32.2%).
- The fiscal Q4 2026 figure is the lowest quarterly Market Capitalization since fiscal Q1 2024.
- On a year-over-year basis, Market Capitalization rose in five of the last seven quarters, with growth averaging 22.0%.
- Peak year-over-year performance for Market Capitalization in the last five years was growth of 145.2% in fiscal Q1 2022, against a decline of 54.3% in fiscal Q3 2023 at the low end.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 261.23 Bn | 246.30 Bn | 2.30 Bn |
| 2 | CrowdStrike Holdings | 233.89 Bn | 214.29 Bn | 1.10 Bn |
| 3 | Fortinet | 125.38 Bn | 111.31 Bn | 1.64 Bn |
| 4 | Snowflake | 108.45 Bn | 95.77 Bn | 1.04 Bn |
| 5 | Datadog | 88.65 Bn | 70.29 Bn | 881.34 Mn |
| 6 | Zscaler | 33.05 Bn | 19.16 Bn | - |
| 7 | Okta | 32.99 Bn | 23.09 Bn | 641.00 Mn |
| 8 | Axon Enterprise | 32.35 Bn | 26.87 Bn | 546.45 Mn |
| 9 | MongoDB | 27.25 Bn | 17.72 Bn | 569.77 Mn |
| 10 | F5 | 25.14 Bn | 19.55 Bn | 711.51 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 24.65 Bn |
| Jan 31, 2026 | 32.12 Bn |
| Oct 31, 2025 | 52.81 Bn |
| Jul 31, 2025 | 45.20 Bn |
| Apr 30, 2025 | 35.21 Bn |
| Jan 31, 2025 | 31.35 Bn |
| Oct 31, 2024 | 27.74 Bn |
| Jul 31, 2024 | 27.35 Bn |
| Apr 30, 2024 | 26.17 Bn |
| Jan 31, 2024 | 35.29 Bn |
| Oct 31, 2023 | 23.54 Bn |
| Jul 31, 2023 | 23.60 Bn |
| Apr 30, 2023 | 13.14 Bn |
| Jan 31, 2023 | 18.01 Bn |
| Oct 31, 2022 | 22.22 Bn |
| Jul 31, 2022 | 22.18 Bn |
| Apr 30, 2022 | 28.76 Bn |
| Jan 31, 2022 | 36.27 Bn |
| Oct 31, 2021 | 44.65 Bn |
| Jul 31, 2021 | 32.71 Bn |
API Access
Zscaler Market Capitalization API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=market-capitalization&ticker=ZS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "market-capitalization", "ticker": "ZS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=market-capitalization&ticker=ZS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();