Zscaler (ZS) Operating Leases (2019 - 2026)

Zscaler (ZS) has 8 years of Operating Leases data on file, last reported at $94.1 million in Q1 2026.

• On a quarterly basis, Operating Leases rose 129.96% year-over-year to $94.1 million in Q1 2026; TTM through Jan 2026 was $94.1 million, a 129.96% increase from a year earlier, with the FY2025 full-year figure at $43.4 million, down 3.28% from the prior year.
• Operating Leases for Q1 2026 stood at $94.1 million, up from $65.8 million in the prior quarter.
• Over the last five years, Operating Leases for ZS reached as high as $94.1 million in Q1 2026 and fell as low as $29.3 million in Q1 2022.
• Historically, Operating Leases has averaged $46.8 million across 5 years, with a median of $43.6 million in 2023.
• Across the five-year window, Operating Leases tumbled 30.27% in 2025 and jumped 129.96% in 2026, its largest moves.
• Year by year, Operating Leases stood at $51.1 million in 2022, then fell by 14.61% to $43.6 million in 2023, then fell by 3.83% to $41.9 million in 2024, then soared by 56.83% to $65.8 million in 2025, then jumped by 43.05% to $94.1 million in 2026.
• Per Business Quant data, the three most recent Operating Leases figures were $94.1 million in Q1 2026, $65.8 million in Q4 2025, and $43.4 million in Q3 2025.