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Zscaler (ZS) Research & Development (2017 - 2026)

Zscaler has reported Research & Development over the past 10 years, most recently at $229.1 million for Q1 2026.

  • Quarterly Research & Development rose 34.11% to $229.1 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $777.0 million through Jan 2026, up 31.87% year-over-year, with the annual reading at $672.5 million for FY2025, 34.54% up from the prior year.
  • Research & Development was $229.1 million for Q1 2026 at Zscaler, up from $200.5 million in the prior quarter.
  • Over five years, Research & Development peaked at $229.1 million in Q1 2026 and troughed at $69.2 million in Q1 2022.
  • The 5-year median for Research & Development is $122.2 million (2024), against an average of $128.0 million.
  • The largest YoY upside for Research & Development was 86.99% in 2022 against a maximum downside of 14.92% in 2022.
  • A 5-year view of Research & Development shows it stood at $74.9 million in 2022, then skyrocketed by 51.49% to $113.5 million in 2023, then soared by 35.86% to $154.3 million in 2024, then rose by 29.98% to $200.5 million in 2025, then grew by 14.28% to $229.1 million in 2026.
  • Per Business Quant, the three most recent readings for ZS's Research & Development are $229.1 million (Q1 2026), $200.5 million (Q4 2025), and $177.6 million (Q3 2025).