Zscaler (ZS) Shares Outstanding (2017 - 2026)
Zscaler (ZS) reported Shares Outstanding of 160.22 million for fiscal Q4 2026 (quarter ended Jul 31, 2026), up 3.8% from 154.4 million a year earlier.
Analysis
Zscaler (ZS) Shares Outstanding (2017 - 2026) Analysis & Trends
Dating back to fiscal Q3 2017, Zscaler's Shares Outstanding record includes 37 quarters.
- Shares Outstanding has increased for ten consecutive fiscal years, with a five-year compound annual growth rate of 3.4% (FY2021 to FY2026).
- By fiscal year, Shares Outstanding came in at 154.4 million in FY2025 (+3.2%), 149.59 million in FY2024 (+3.2%), 144.94 million in FY2023 (+2.9%) and 140.9 million in FY2022 (+3.9%).
- The fiscal Q4 2026 figure ranks as the highest quarterly Shares Outstanding in data going back to fiscal Q3 2017.
- Over the past five years, the year-over-year growth in Shares Outstanding ranged from 2.8% (fiscal Q3 2023) to 4.4% (fiscal Q1 2022).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 237.52 Bn | 222.59 Bn | 2.30 Bn | 749.00 Mn |
| 2 | CrowdStrike Holdings | 218.24 Bn | 198.64 Bn | 1.10 Bn | 1.02 Bn |
| 3 | Snowflake | 94.45 Bn | 81.77 Bn | 1.04 Bn | 349.26 Mn |
| 4 | Fortinet | 90.72 Bn | 74.98 Bn | 1.64 Bn | 734.20 Mn |
| 5 | Datadog | 62.28 Bn | 42.83 Bn | 959.92 Mn | 358.62 Mn |
| 6 | Zscaler | 33.20 Bn | 19.35 Bn | 689.22 Mn | 160.22 Mn |
| 7 | Axon Enterprise | 32.93 Bn | 27.46 Bn | 546.45 Mn | 80.57 Mn |
| 8 | Okta | 29.53 Bn | 19.63 Bn | 641.00 Mn | 174.30 Mn |
| 9 | Roku | 23.94 Bn | 13.97 Bn | 648.52 Mn | 148.65 Mn |
| 10 | MongoDB | 23.91 Bn | 14.38 Bn | 569.77 Mn | 80.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 160.22 Mn |
| Jan 31, 2026 | 159.68 Mn |
| Oct 31, 2025 | 158.60 Mn |
| Jul 31, 2025 | 154.40 Mn |
| Apr 30, 2025 | 154.91 Mn |
| Jan 31, 2025 | 153.67 Mn |
| Oct 31, 2024 | 152.56 Mn |
| Jul 31, 2024 | 149.59 Mn |
| Apr 30, 2024 | 150.29 Mn |
| Jan 31, 2024 | 148.95 Mn |
| Oct 31, 2023 | 147.63 Mn |
| Jul 31, 2023 | 144.94 Mn |
| Apr 30, 2023 | 145.35 Mn |
| Jan 31, 2023 | 144.51 Mn |
| Oct 31, 2022 | 143.48 Mn |
| Jul 31, 2022 | 140.90 Mn |
| Apr 30, 2022 | 141.42 Mn |
| Jan 31, 2022 | 140.52 Mn |
| Oct 31, 2021 | 139.30 Mn |
| Jul 31, 2021 | 135.65 Mn |
API Access
Zscaler Shares Outstanding 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=shares-outstanding&ticker=ZS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=ZS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();