Zscaler (ZS) Research & Development (2017 - 2026)
Zscaler (ZS) posted Research & Development of $903.4 million for FY2026 (year ended Jul 31, 2026), up 34.3% from $672.49 million in FY2025.
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Analysis
Zscaler (ZS) Research & Development (2017 - 2026) Analysis & Trends
Since FY2016, Zscaler has reported Research & Development for 11 fiscal years.
- Annual Research & Development has increased for ten consecutive fiscal years, with a five-year compound annual growth rate of 38.9% (FY2021 to FY2026).
- The FY2026 figure stands as the highest annual Research & Development in data going back to FY2016.
- Business Quant data shows ZS's Research & Development at $672.49 million in FY2025 (+34.5%), $499.83 million in FY2024 (+42.5%), $350.79 million in FY2023 (+21.3%) and $289.14 million in FY2022 (+65.6%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 255.53 Bn | 240.60 Bn | 2.30 Bn | 779.00 Mn |
| 2 | CrowdStrike Holdings | 230.03 Bn | 210.43 Bn | 1.10 Bn | 444.20 Mn |
| 3 | Fortinet | 123.13 Bn | 109.06 Bn | 1.64 Bn | 225.00 Mn |
| 4 | Snowflake | 107.35 Bn | 94.67 Bn | 1.04 Bn | 567.48 Mn |
| 5 | Datadog | 87.69 Bn | 69.33 Bn | 881.34 Mn | 477.97 Mn |
| 6 | Zscaler | 32.63 Bn | 18.74 Bn | - | - |
| 7 | Okta | 32.61 Bn | 22.70 Bn | 641.00 Mn | 163.00 Mn |
| 8 | Axon Enterprise | 32.22 Bn | 26.75 Bn | 546.45 Mn | 208.69 Mn |
| 9 | MongoDB | 26.93 Bn | 17.40 Bn | 569.77 Mn | 213.87 Mn |
| 10 | F5 | 24.99 Bn | 19.40 Bn | 711.51 Mn | 164.66 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jan 31, 2026 | 229.14 Mn |
| Oct 31, 2025 | 200.50 Mn |
| Jul 31, 2025 | 177.61 Mn |
| Apr 30, 2025 | 169.77 Mn |
| Jan 31, 2025 | 170.86 Mn |
| Oct 31, 2024 | 154.25 Mn |
| Jul 31, 2024 | 139.15 Mn |
| Apr 30, 2024 | 124.96 Mn |
| Jan 31, 2024 | 122.18 Mn |
| Oct 31, 2023 | 113.54 Mn |
| Jul 31, 2023 | 97.44 Mn |
| Apr 30, 2023 | 92.64 Mn |
| Jan 31, 2023 | 85.77 Mn |
| Oct 31, 2022 | 74.95 Mn |
| Jul 31, 2022 | 78.15 Mn |
| Apr 30, 2022 | 76.58 Mn |
| Jan 31, 2022 | 69.20 Mn |
| Oct 31, 2021 | 65.22 Mn |
| Jul 31, 2021 | 56.18 Mn |
| Apr 30, 2021 | 40.95 Mn |
API Access
Zscaler Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=ZS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "ZS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=ZS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();