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

Zscaler (ZS) has 10 years of Research & Development data on file, last reported at $368.9 million in Q1 2026.

• On a quarterly basis, Research & Development rose 19.84% year-over-year to $368.9 million in Q1 2026; TTM through Jan 2026 was $1.1 billion, a 160.51% increase from a year earlier, with the FY2025 full-year figure at $672.5 million, up 34.54% from the prior year.
• Research & Development for Q1 2026 stood at $368.9 million, down from $373.6 million in the prior quarter.
• Over the last five years, Research & Development for ZS reached as high as $373.6 million in Q4 2025 and fell as low as -$306.2 million in Q3 2024.
• Historically, Research & Development has averaged $169.1 million across 5 years, with a median of $177.6 million in 2025.
• Across the five-year window, Research & Development jumped 369.16% in 2022 and tumbled 414.26% in 2024, its largest moves.
• Year by year, Research & Development stood at $74.9 million in 2022, then jumped by 51.49% to $113.5 million in 2023, then soared by 35.86% to $154.3 million in 2024, then soared by 142.17% to $373.6 million in 2025, then retreated by 1.24% to $368.9 million in 2026.
• Per Business Quant data, the three most recent Research & Development figures were $368.9 million in Q1 2026, $373.6 million in Q4 2025, and $177.6 million in Q3 2025.