Zscaler ZS
NASDAQ ZS
$193.05 -21.59 (-10.06%)
At close: Sep 25, 2026 · 4:00 PM EDT

Zscaler (ZS) Market Capitalization (2018 - 2026)

Zscaler's (ZS) quarterly Market Capitalization came in at $24.7 billion in Q3 2026, down 45.46% year-over-year from $45.2 billion in Q3 2025, and down 23.23% quarter-over-quarter from $32.1 billion in Q1 2026.

Analysis

Zscaler (ZS) Market Capitalization (2018 - 2026) Analysis & Trends

Zscaler (ZS) has reported Market Capitalization for 9 consecutive years, with $24.7 billion the latest figure, recorded in Q3 2026.

  • On a quarterly basis, Market Capitalization fell 45.46% year-over-year to $24.7 billion in Q3 2026; TTM through Jul 2026 was $24.7 billion, a 45.46% decrease from a year earlier, with the FY2026 full-year figure at $24.7 billion, down 45.46% from the prior year.
  • Market Capitalization was $24.7 billion for Q3 2026 at Zscaler, down from $32.1 billion in the prior quarter.
  • Over five years, Market Capitalization peaked at $52.8 billion in Q4 2025 and troughed at $13.1 billion in Q2 2023.
  • A 5-year average of $29.2 billion and a median of $27.5 billion in 2024 frame the typical range for Market Capitalization.
  • Across the five-year window, Market Capitalization tumbled 54.3% in 2023 and surged 99.09% in 2024, its largest moves.
  • Over 5 years, Market Capitalization stood at $22.2 billion in 2022, then climbed by 5.91% to $23.5 billion in 2023, then climbed by 17.85% to $27.7 billion in 2024, then surged by 90.39% to $52.8 billion in 2025, then sank by 53.31% to $24.7 billion in 2026.
  • The last three Market Capitalization figures came in at $24.7 billion (Q3 2026), $32.1 billion (Q1 2026), and $52.8 billion (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Palo Alto Networks 320.54 Bn 317.47 Bn 2.30 Bn
2 CrowdStrike Holdings 268.77 Bn 263.80 Bn 1.10 Bn
3 Fortinet 131.12 Bn 127.05 Bn 1.64 Bn
4 Snowflake 118.02 Bn 115.67 Bn 1.04 Bn
5 Datadog 90.27 Bn 85.29 Bn 881.34 Mn
6 Axon Enterprise 36.61 Bn 35.93 Bn 546.45 Mn
7 Zscaler 34.97 Bn 31.49 Bn -
8 MongoDB 34.51 Bn 32.10 Bn 569.77 Mn
9 Okta 34.32 Bn 32.02 Bn 641.00 Mn
10 Baidu 30.55 Bn 8.15 Bn 1.76 Mn
Historic Data

Historic Data

Download Data
DateValue
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_KEY