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Zscaler (ZS) Operating Expenses: 2016-2025

Historic Operating Expenses for Zscaler (ZS) over the last 10 years, with Jul 2025 value amounting to $2.2 billion.

  • Zscaler's Operating Expenses rose 23.70% to $639.7 million in Q4 2025 from the same period last year, while for Oct 2025 it was $2.3 billion, marking a year-over-year increase of 21.50%. This contributed to the annual value of $2.2 billion for FY2025, which is 20.49% up from last year.
  • Per Zscaler's latest filing, its Operating Expenses stood at $2.2 billion for FY2025, which was up 20.49% from $1.8 billion recorded in FY2024.
  • In the past 5 years, Zscaler's Operating Expenses registered a high of $2.2 billion during FY2025, and its lowest value of $730.6 million during FY2021.
  • Over the past 3 years, Zscaler's median Operating Expenses value was $1.8 billion (recorded in 2024), while the average stood at $1.8 billion.
  • Data for Zscaler's Operating Expenses shows a peak YoY spiked of 62.54% (in 2021) over the last 5 years.
  • Zscaler's Operating Expenses (Yearly) stood at $730.6 million in 2021, then spiked by 60.98% to $1.2 billion in 2022, then rose by 26.58% to $1.5 billion in 2023, then climbed by 21.72% to $1.8 billion in 2024, then increased by 20.49% to $2.2 billion in 2025.