Zscaler (ZS) Payables (2017 - 2026)
Zscaler (ZS) reported Payables of $29.0 million for Q1 2026, down 97.52% year-over-year from $1.2 billion in Q1 2025, and down 40.02% quarter-over-quarter from $48.4 million in Q4 2025.
Zscaler (ZS) Payables (2017 - 2026) Analysis & Trends
Zscaler (ZS) has 10 years of Payables data on file, last reported at $29.0 million in Q1 2026.
- Payables for Q1 2026 came in at $29.0 million, down 97.52% year-over-year; the trailing twelve-month figure through Jan 2026 was $29.0 million (down 97.52% YoY), and the FY2025 annual result was $46.9 million, down 95.98% from the prior year.
- Payables fell to $29.0 million in Q1 2026 per ZS's latest filing, from $48.4 million in the prior quarter.
- Over five years, Payables peaked at $1.2 billion in Q2 2025 and troughed at $13.5 million in Q1 2022.
- A 5-year average of $298.0 million and a median of $29.0 million in 2026 frame the typical range for Payables.
- The sharpest annual moves came in 2025 and 2026: Payables soared 6739.66% in 2025, then slumped 97.52% in 2026.
- A 5-year view of Payables shows it stood at $29.7 million in 2022, then retreated by 21.82% to $23.2 million in 2023, then soared by 4940.75% to $1.2 billion in 2024, then slumped by 95.87% to $48.4 million in 2025, then tumbled by 40.02% to $29.0 million in 2026.
- Business Quant data shows ZS's Payables at $29.0 million in Q1 2026, $48.4 million in Q4 2025, and $46.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,819.83 Bn | 2,741.56 Bn | 56.06 Bn | 37.51 Bn |
| 2 | Alarum Technologies | 1,056.91 Bn | 1,042.76 Bn | 7.23 Mn | - |
| 3 | Oracle | 530.68 Bn | 492.11 Bn | 15.14 Bn | 19.36 Bn |
| 4 | Palantir Technologies | 306.85 Bn | 298.93 Bn | 1.42 Bn | 495.96 Mn |
| 5 | Palo Alto Networks | 199.03 Bn | 194.49 Bn | 1.91 Bn | 262.00 Mn |
| 6 | CrowdStrike Holdings | 170.56 Bn | 167.51 Bn | 993.68 Mn | 105.32 Mn |
| 7 | Fortinet | 106.91 Bn | 103.62 Bn | 1.49 Bn | 238.70 Mn |
| 8 | Synopsys | 86.43 Bn | 86.31 Bn | 1.77 Bn | 1.30 Bn |
| 9 | Cloudflare | 79.42 Bn | 78.48 Bn | 455.60 Mn | 58.84 Mn |
| 10 | Zscaler | 19.87 Bn | 16.35 Bn | 624.49 Mn | 29.03 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 29.03 Mn |
| Oct 31, 2025 | 48.40 Mn |
| Jul 31, 2025 | 46.91 Mn |
| Apr 30, 2025 | 1.20 Bn |
| Jan 31, 2025 | 1.17 Bn |
| Oct 31, 2024 | 1.17 Bn |
| Jul 31, 2024 | 1.17 Bn |
| Apr 30, 2024 | 28.03 Mn |
| Jan 31, 2024 | 17.14 Mn |
| Oct 31, 2023 | 23.23 Mn |
| Jul 31, 2023 | 18.48 Mn |
| Apr 30, 2023 | 24.78 Mn |
| Jan 31, 2023 | 33.63 Mn |
| Oct 31, 2022 | 29.72 Mn |
| Jul 31, 2022 | 26.15 Mn |
| Apr 30, 2022 | 15.23 Mn |
| Jan 31, 2022 | 13.50 Mn |
| Oct 31, 2021 | 14.96 Mn |
| Jul 31, 2021 | 12.55 Mn |
| Apr 30, 2021 | 20.17 Mn |