Zscaler (ZS) Tax Rate (2024 - 2025)
Zscaler's Tax Rate was -268.63% in FY2026 (year ended Jul 31, 2026), down 141.86 percentage points from -126.77% in FY2025.
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Analysis
Zscaler (ZS) Tax Rate (2024 - 2025) Analysis & Trends
From FY2016 onward, Zscaler has reported Tax Rate for 11 fiscal years.
- Tax Rate has now declined for four consecutive fiscal years, with a five-year change of -266.74 percentage points (FY2021 to FY2026).
- The FY2026 figure marks the lowest annual Tax Rate in data going back to FY2016.
- Per Business Quant data, Tax Rate in earlier fiscal years was -126.77% in FY2025 (-29.34 pp), -97.43% in FY2024 (-86.60 pp), -10.83% in FY2023 (-9.10 pp) and -1.73% in FY2022 (+0.15 pp).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 277.52 Bn | 262.59 Bn | 2.30 Bn | - |
| 2 | CrowdStrike Holdings | 249.50 Bn | 229.90 Bn | 1.10 Bn | - |
| 3 | Fortinet | 133.40 Bn | 119.33 Bn | 1.64 Bn | 15.97% |
| 4 | Snowflake | 117.12 Bn | 104.44 Bn | 1.04 Bn | - |
| 5 | Datadog | 94.86 Bn | 76.51 Bn | 881.34 Mn | 13.92% |
| 6 | Okta | 36.37 Bn | 26.46 Bn | 641.00 Mn | 7.94% |
| 7 | Zscaler | 35.35 Bn | 21.47 Bn | - | - |
| 8 | Axon Enterprise | 33.67 Bn | 28.19 Bn | 546.45 Mn | 9.97% |
| 9 | MongoDB | 29.54 Bn | 20.01 Bn | 569.77 Mn | 10.89% |
| 10 | F5 | 25.93 Bn | 20.34 Bn | 711.51 Mn | 7.95% |
API Access
Zscaler Tax Rate 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=tax-rate&ticker=ZS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=ZS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();