Zscaler (ZS) Shares Outstanding (Diluted Average) (2019 - 2026)
Zscaler (ZS) reported Shares Outstanding (Diluted Average) of $159.1 million for Q1 2026, up 3.93% year-over-year from $153.1 million in Q1 2025, and little changed quarter-over-quarter from $158.6 million in Q4 2025.
Zscaler (ZS) Shares Outstanding (Diluted Average) (2019 - 2026) Analysis & Trends
Zscaler (ZS) has 8 years of Shares Outstanding (Diluted Average) data on file, last reported at $159.1 million in Q1 2026.
- Shares Outstanding (Diluted Average) for Q1 2026 came in at $159.1 million, up 3.93% year-over-year; the trailing twelve-month figure through Jan 2026 was $159.1 million (up 3.93% YoY), and the FY2025 annual result was $154.4 million, up 3.22% from the prior year.
- Shares Outstanding (Diluted Average) was little changed at $159.1 million in Q1 2026 per ZS's latest filing, from $158.6 million in the prior quarter.
- Over five years, Shares Outstanding (Diluted Average) peaked at $159.1 million in Q1 2026 and troughed at $139.9 million in Q1 2022.
- A 5-year average of $149.0 million and a median of $148.3 million in 2024 frame the typical range for Shares Outstanding (Diluted Average).
- The sharpest annual moves came in 2024 and 2025: Shares Outstanding (Diluted Average) increased 6.0% in 2024, then grew 0.54% in 2025.
- A 5-year view of Shares Outstanding (Diluted Average) shows it stood at $143.5 million in 2022, then advanced by 2.89% to $147.6 million in 2023, then increased by 3.34% to $152.6 million in 2024, then increased by 3.96% to $158.6 million in 2025, then gained by 0.34% to $159.1 million in 2026.
- Business Quant data shows ZS's Shares Outstanding (Diluted Average) at $159.1 million in Q1 2026, $158.6 million in Q4 2025, and $154.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares (Diluted Avg.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,095.86 Bn | 3,017.59 Bn | 56.06 Bn | - |
| 2 | Alarum Technologies | 1,030.32 Bn | 1,016.16 Bn | 7.23 Mn | 10.00 |
| 3 | Oracle | 614.12 Bn | 575.54 Bn | 15.14 Bn | - |
| 4 | Palantir Technologies | 324.44 Bn | 316.52 Bn | 1.42 Bn | 2.57 Bn |
| 5 | Palo Alto Networks | 189.07 Bn | 184.54 Bn | 1.91 Bn | 713.00 Mn |
| 6 | CrowdStrike Holdings | 168.14 Bn | 165.09 Bn | 993.68 Mn | 250.58 Mn |
| 7 | Fortinet | 106.89 Bn | 103.59 Bn | 1.49 Bn | 742.80 Mn |
| 8 | Cloudflare | 88.20 Bn | 87.25 Bn | 455.60 Mn | 352.63 Mn |
| 9 | Synopsys | 88.13 Bn | 88.01 Bn | 1.77 Bn | 190.76 Mn |
| 10 | Zscaler | 20.81 Bn | 17.30 Bn | 624.49 Mn | 159.14 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 159.14 Mn |
| Oct 31, 2025 | 158.60 Mn |
| Jul 31, 2025 | 154.40 Mn |
| Apr 30, 2025 | 154.91 Mn |
| Jan 31, 2025 | 153.11 Mn |
| Oct 31, 2024 | 152.56 Mn |
| Jul 31, 2024 | 149.59 Mn |
| Apr 30, 2024 | 154.08 Mn |
| Jan 31, 2024 | 148.29 Mn |
| Oct 31, 2023 | 147.63 Mn |
| Jul 31, 2023 | 144.94 Mn |
| Apr 30, 2023 | 145.35 Mn |
| Jan 31, 2023 | 144.00 Mn |
| Oct 31, 2022 | 143.48 Mn |
| Jul 31, 2022 | 140.90 Mn |
| Apr 30, 2022 | 141.42 Mn |
| Jan 31, 2022 | 139.90 Mn |
| Oct 31, 2021 | 139.30 Mn |
| Jul 31, 2021 | 135.65 Mn |
| Apr 30, 2021 | 136.39 Mn |