Zscaler (ZS) Share-based Compensation (2017 - 2026)

Zscaler (ZS) reported Share-based Compensation of $216.6 million for 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.

Zscaler (ZS) Share-based Compensation (2017 - 2026) Analysis & Trends

Zscaler (ZS) has 10 years of Share-based Compensation data on file, last reported at $216.6 million in Q1 2026.

  • Share-based Compensation for Q1 2026 came in at $216.6 million, up 25.82% year-over-year; the trailing twelve-month figure through Jan 2026 was $737.2 million (up 25.5% YoY), and the FY2025 annual result was $661.4 million, up 25.33% from the prior year.
  • Share-based Compensation advanced to $216.6 million in Q1 2026 per ZS's latest filing, 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.
  • The sharpest annual moves came in 2022 and 2023: Share-based Compensation jumped 76.5% in 2022, then grew 1.86% in 2023.
  • A 5-year view of Share-based Compensation shows it stood at $105.2 million in 2022, then increased by 22.79% to $129.1 million in 2023, then climbed by 21.71% to $157.2 million in 2024, then gained by 19.99% to $188.6 million in 2025, then advanced by 14.83% to $216.6 million in 2026.
  • Business Quant data shows ZS's Share-based Compensation at $216.6 million in Q1 2026, $188.6 million in Q4 2025, and $172.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Share-based Compensation (Qtr)
1 Microsoft 3,095.86 Bn 3,017.59 Bn 56.06 Bn 3.08 Bn
2 Alarum Technologies 1,030.32 Bn 1,016.16 Bn 7.23 Mn -
3 Oracle 614.12 Bn 575.54 Bn 15.14 Bn 1.33 Bn
4 Palantir Technologies 324.44 Bn 316.52 Bn 1.42 Bn 201.59 Mn
5 Palo Alto Networks 189.07 Bn 184.54 Bn 1.91 Bn 301.00 Mn
6 CrowdStrike Holdings 168.14 Bn 165.09 Bn 993.68 Mn 273.95 Mn
7 Fortinet 106.89 Bn 103.59 Bn 1.49 Bn 72.50 Mn
8 Cloudflare 88.20 Bn 87.25 Bn 455.60 Mn 114.24 Mn
9 Synopsys 88.13 Bn 88.01 Bn 1.77 Bn 258.72 Mn
10 Zscaler 20.81 Bn 17.30 Bn 624.49 Mn 216.55 Mn

Historic Data

Download Data
DateValue
Jan 31, 2026 216.55 Mn
Jan 31, 2026 216.55 Mn
Oct 31, 2025 188.59 Mn
Oct 31, 2025 188.59 Mn
Jul 31, 2025 172.65 Mn
Jul 31, 2025 172.65 Mn
Apr 30, 2025 159.40 Mn
Apr 30, 2025 159.40 Mn
Jan 31, 2025 172.12 Mn
Jan 31, 2025 172.12 Mn
Oct 31, 2024 157.18 Mn
Oct 31, 2024 157.18 Mn
Jul 31, 2024 144.87 Mn
Jul 31, 2024 144.87 Mn
Apr 30, 2024 113.24 Mn
Apr 30, 2024 113.24 Mn
Jan 31, 2024 140.43 Mn
Jan 31, 2024 140.43 Mn
Oct 31, 2023 129.14 Mn
Oct 31, 2023 129.14 Mn