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.

• Operating Leases for Q1 2026 came in at $94.1 million, up 129.96% year-over-year; the trailing twelve-month figure through Jan 2026 was $94.1 million (up 129.96% YoY), and the FY2025 annual result was $43.4 million, down 3.28% from the prior year.
• Operating Leases improved to $94.1 million in Q1 2026 per ZS's latest filing, from $65.8 million in the prior quarter.
• Over five years, Operating Leases peaked at $94.1 million in Q1 2026 and troughed at $29.3 million in Q1 2022.
• A 5-year average of $46.8 million and a median of $43.6 million in 2023 frame the typical range for Operating Leases.
• The sharpest annual moves came in 2025 and 2026: Operating Leases sank 30.27% in 2025, then soared 129.96% in 2026.
• A 5-year view of Operating Leases shows it stood at $51.1 million in 2022, then slipped by 14.61% to $43.6 million in 2023, then slipped 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.
• Business Quant data shows ZS's Operating Leases at $94.1 million in Q1 2026, $65.8 million in Q4 2025, and $43.4 million in Q3 2025.