Zscaler (ZS) Payables (2017 - 2026)
Zscaler's (ZS) quarterly Payables came in at $29.0 million in Q1 2026, down 97.52% year-on-year from $1.2 billion in Q1 2025, and down 40.02% on a QoQ basis 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.
- On a quarterly basis, Payables fell 97.52% year-over-year to $29.0 million in Q1 2026; TTM through Jan 2026 was $29.0 million, a 97.52% decrease from a year earlier, with the FY2025 full-year figure at $46.9 million, down 95.98% from the prior year.
- Payables for Q1 2026 stood at $29.0 million, down from $48.4 million in the prior quarter.
- Over the last five years, Payables for ZS reached as high as $1.2 billion in Q2 2025 and fell as low as $13.5 million in Q1 2022.
- Historically, Payables has averaged $298.0 million across 5 years, with a median of $29.0 million in 2026.
- Across the five-year window, Payables jumped 6739.66% in 2025 and plunged 97.52% in 2026, its largest moves.
- Year by year, Payables stood at $29.7 million in 2022, then dropped by 21.82% to $23.2 million in 2023, then soared by 4940.75% to $1.2 billion in 2024, then tumbled by 95.87% to $48.4 million in 2025, then plunged by 40.02% to $29.0 million in 2026.
- Per Business Quant data, the three most recent Payables figures were $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 | 2,842.90 Bn | 2,718.46 Bn | 56.06 Bn | 38.14 Bn |
| 2 | PagSeguro Digital | 2,572.26 Bn | 2,572.26 Bn | 358.92 Mn | 259.16 Mn |
| 3 | Oracle | 329.59 Bn | 297.69 Bn | - | 18.18 Bn |
| 4 | Repay Holdings | 314.63 Bn | 314.48 Bn | - | 25.18 Mn |
| 5 | Palantir Technologies | 294.47 Bn | 286.44 Bn | 1.42 Bn | 495.96 Mn |
| 6 | Palo Alto Networks | 227.51 Bn | 222.98 Bn | 1.91 Bn | 262.00 Mn |
| 7 | CrowdStrike Holdings | 183.28 Bn | 180.18 Bn | 993.68 Mn | 105.32 Mn |
| 8 | Fortinet | 112.44 Bn | 109.14 Bn | 1.49 Bn | 238.70 Mn |
| 9 | Cloudflare | 92.78 Bn | 91.83 Bn | 455.60 Mn | 58.84 Mn |
| 10 | Zscaler | 22.71 Bn | 19.35 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 |