Zscaler ZS
NASDAQ ZS
$197.66 -6.22 (-3.05%)
At close: Nov 6, 2026 · 4:00 PM EST

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

Updated

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.

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 235.00 Bn 220.07 Bn 2.30 Bn 779.00 Mn
2 CrowdStrike Holdings 221.18 Bn 201.58 Bn 1.10 Bn 444.20 Mn
3 Snowflake 96.49 Bn 83.81 Bn 1.04 Bn 567.48 Mn
4 Fortinet 87.26 Bn 71.51 Bn 1.64 Bn 213.40 Mn
5 Datadog 64.27 Bn 44.82 Bn 959.92 Mn 491.57 Mn
6 Zscaler 31.67 Bn 17.82 Bn 689.22 Mn 241.48 Mn
7 Okta 29.42 Bn 19.51 Bn 641.00 Mn 163.00 Mn
8 Axon Enterprise 25.30 Bn 19.82 Bn 546.45 Mn 208.69 Mn
9 MongoDB 25.20 Bn 15.67 Bn 569.77 Mn 213.87 Mn
10 Roku 23.89 Bn 13.92 Bn 648.52 Mn 186.87 Mn
Historic Data

Historic Data

Download Data
DateValue
Jul 31, 2026 241.48 Mn
Apr 30, 2026 232.28 Mn
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
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_KEY