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

Zscaler (ZS) has disclosed Research & Development for 8 consecutive years, with $170.9 million as the latest value for Q1 2025.

  • On a quarterly basis, Research & Development changed N/A to $170.9 million in Q1 2025 year-over-year; TTM through Jan 2025 was $446.7 million, a N/A change, with the full-year FY2025 number at $672.5 million, up 34.54% from a year prior.
  • Research & Development was $170.9 million for Q1 2025 at Zscaler, up from $97.4 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $170.9 million in Q1 2025 to a low of $41.0 million in Q2 2021.
  • A 4-year average of $79.5 million and a median of $76.6 million in 2022 define the central range for Research & Development.
  • Peak YoY movement for Research & Development: skyrocketed 101.64% in 2021, then rose 20.97% in 2023.
  • Zscaler's Research & Development stood at $65.2 million in 2021, then rose by 19.83% to $78.1 million in 2022, then rose by 24.68% to $97.4 million in 2023, then skyrocketed by 75.35% to $170.9 million in 2025.
  • Per Business Quant, the three most recent readings for ZS's Research & Development are $170.9 million (Q1 2025), $97.4 million (Q3 2023), and $92.6 million (Q2 2023).