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Zscaler (ZS) Operating Leases (2019 - 2026)

Zscaler (ZS) has disclosed Operating Leases for 8 consecutive years, with $94.1 million as the latest value for Q1 2026.

  • On a quarterly basis, Operating Leases rose 129.96% to $94.1 million in Q1 2026 year-over-year; TTM through Jan 2026 was $94.1 million, a 129.96% increase, with the full-year FY2025 number at $43.4 million, down 3.28% from a year prior.
  • Operating Leases was $94.1 million for Q1 2026 at Zscaler, up from $65.8 million in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $94.1 million in Q1 2026 to a low of $29.3 million in Q1 2022.
  • A 5-year average of $46.8 million and a median of $43.6 million in 2023 define the central range for Operating Leases.
  • Peak YoY movement for Operating Leases: plummeted 30.27% in 2025, then soared 129.96% in 2026.
  • Zscaler's Operating Leases stood at $51.1 million in 2022, then dropped by 14.61% to $43.6 million in 2023, then dropped by 3.83% to $41.9 million in 2024, then skyrocketed by 56.83% to $65.8 million in 2025, then surged by 43.05% to $94.1 million in 2026.
  • Per Business Quant, the three most recent readings for ZS's Operating Leases are $94.1 million (Q1 2026), $65.8 million (Q4 2025), and $43.4 million (Q3 2025).