Zscaler (ZS) Share-based Compensation (2017 - 2026)
Zscaler's (ZS) quarterly Share-based Compensation came in at $216.6 million in Q1 2026, up 25.82% year-over-year from $172.1 million in Q1 2025, and up 14.83% quarter-over-quarter from $188.6 million in Q4 2025.
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Zscaler (ZS) Share-based Compensation (2017 - 2026) Analysis & Trends
Zscaler (ZS) has reported Share-based Compensation for 10 consecutive years, with $216.6 million the latest figure, recorded in Q1 2026.
- On a quarterly basis, Share-based Compensation rose 25.82% year-over-year to $216.6 million in Q1 2026; TTM through Jan 2026 was $737.2 million, a 25.5% increase from a year earlier, with the FY2026 full-year figure at $821.9 million, up 24.28% from the prior year.
- Share-based Compensation was $216.6 million for Q1 2026 at Zscaler, up from $188.6 million in the prior quarter.
- Over five years, Share-based Compensation peaked at $216.6 million in Q1 2026 and troughed at $99.0 million in Q1 2022.
- A 5-year average of $138.7 million and a median of $129.1 million in 2023 frame the typical range for Share-based Compensation.
- Across the five-year window, Share-based Compensation soared 76.5% in 2022 and climbed 1.86% in 2023, its largest moves.
- Over 5 years, Share-based Compensation stood at $105.2 million in 2022, then grew by 22.79% to $129.1 million in 2023, then advanced by 21.71% to $157.2 million in 2024, then rose by 19.99% to $188.6 million in 2025, then gained by 14.83% to $216.6 million in 2026.
- The last three Share-based Compensation figures came in at $216.6 million (Q1 2026), $188.6 million (Q4 2025), and $172.7 million (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Stock Comp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 320.54 Bn | 317.47 Bn | 2.30 Bn | 460.00 Mn |
| 2 | CrowdStrike Holdings | 268.77 Bn | 263.80 Bn | 1.10 Bn | 376.91 Mn |
| 3 | Fortinet | 131.12 Bn | 127.05 Bn | 1.64 Bn | 79.30 Mn |
| 4 | Snowflake | 118.02 Bn | 115.67 Bn | 1.04 Bn | 423.58 Mn |
| 5 | Datadog | 90.27 Bn | 85.29 Bn | 881.34 Mn | 6.88 Mn |
| 6 | Axon Enterprise | 36.61 Bn | 35.93 Bn | 546.45 Mn | 144.00 Mn |
| 7 | Zscaler | 34.97 Bn | 31.49 Bn | - | - |
| 8 | MongoDB | 34.51 Bn | 32.10 Bn | 569.77 Mn | 148.94 Mn |
| 9 | Okta | 34.32 Bn | 32.02 Bn | 641.00 Mn | 114.00 Mn |
| 10 | Baidu | 30.55 Bn | 8.15 Bn | 1.76 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jan 31, 2026 | 216.55 Mn |
| Oct 31, 2025 | 188.59 Mn |
| Jul 31, 2025 | 172.65 Mn |
| Apr 30, 2025 | 159.40 Mn |
| Jan 31, 2025 | 172.12 Mn |
| Oct 31, 2024 | 157.18 Mn |
| Jul 31, 2024 | 144.87 Mn |
| Apr 30, 2024 | 113.24 Mn |
| Jan 31, 2024 | 140.43 Mn |
| Oct 31, 2023 | 129.14 Mn |
| Jul 31, 2023 | 122.10 Mn |
| Apr 30, 2023 | 107.82 Mn |
| Jan 31, 2023 | 109.74 Mn |
| Oct 31, 2022 | 105.17 Mn |
| Jul 31, 2022 | 114.82 Mn |
| Apr 30, 2022 | 105.85 Mn |
| Jan 31, 2022 | 98.99 Mn |
| Oct 31, 2021 | 89.90 Mn |
| Jul 31, 2021 | 80.00 Mn |
| Apr 30, 2021 | 59.97 Mn |
API Access
Zscaler Share-based Compensation 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=share-based-compensation&ticker=ZS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "share-based-compensation", "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=share-based-compensation&ticker=ZS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();