Zscaler (ZS) Tax Rate (2017 - 2026)
Zscaler (ZS) posted quarterly Tax Rate of 61.04% for Q1 2026, down 11425.0% year-over-year from N/an in Q1 2025, and down 57.71% quarter-over-quarter from 38.7% in Q4 2025.
Analysis
Zscaler (ZS) Tax Rate (2017 - 2026) Analysis & Trends
Zscaler (ZS) has reported Tax Rate for 10 consecutive years, with 61.04% the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Rate fell 11425.0% year-over-year to 61.04%; the TTM figure through Jan 2026 stood at 150.36% (up 4844.0% YoY), while the FY2025 annual figure was 126.77%, down 2934.0% from the prior year.
- Tax Rate eased to 61.04% in Q1 2026 per ZS's latest filing, from 38.7% in the prior quarter.
- Across five years, Tax Rate topped out at 190.66% in Q2 2025 and bottomed at 823.7% in Q3 2025.
- Historically, Tax Rate has averaged 68.48% across 5 years, with a median of 16.98% in 2023.
- On a YoY basis, Tax Rate climbed as much as 18232 bps in 2025 and fell as far as 63220 bps in 2025.
- Zscaler's Tax Rate stood at 7.48% in 2022, then sank by 391 bps to 36.76% in 2023, then slumped by 368 bps to 172.18% in 2024, then jumped by 78 bps to 38.7% in 2025, then sank by 58 bps to 61.04% in 2026.
- Business Quant data shows ZS's Tax Rate at 61.04% in Q1 2026, 38.7% in Q4 2025, and 823.7% in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,718.29 Bn | 3,585.54 Bn | 60.48 Bn | 24.84% |
| 2 | Oracle | 452.14 Bn | 420.24 Bn | - | 50.36% |
| 3 | Palantir Technologies | 418.25 Bn | 408.84 Bn | 1.64 Bn | 1.42% |
| 4 | Palo Alto Networks | 265.90 Bn | 262.79 Bn | 2.03 Bn | -13.46% |
| 5 | CrowdStrike Holdings | 217.15 Bn | 212.14 Bn | 1.10 Bn | -35.60% |
| 6 | Fortinet | 114.54 Bn | 110.47 Bn | 1.64 Bn | 15.97% |
| 7 | Cloudflare | 98.54 Bn | 94.37 Bn | 499.52 Mn | -1.22% |
| 8 | Synopsys | 75.44 Bn | 71.83 Bn | 1.80 Bn | 20.21% |
| 9 | Block | 49.56 Bn | 43.13 Bn | 3.17 Bn | 71.11% |
| 10 | Zscaler | 27.01 Bn | 23.50 Bn | 624.49 Mn | -61.10% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jan 31, 2026 | -61.10% |
| Oct 31, 2025 | -38.70% |
| Jul 31, 2025 | -823.70% |
| Apr 30, 2025 | 190.66% |
| Jan 31, 2025 | 53.29% |
| Oct 31, 2024 | -173.02% |
| Jul 31, 2024 | -191.50% |
| Apr 30, 2024 | 8.35% |
| Jan 31, 2024 | -39.01% |
| Oct 31, 2023 | -36.76% |
| Jul 31, 2023 | -17.86% |
| Apr 30, 2023 | -17.02% |
| Jan 31, 2023 | -6.88% |
| Oct 31, 2022 | -7.48% |
| Jul 31, 2022 | -2.57% |
| Apr 30, 2022 | 0.49% |
| Jan 31, 2022 | -2.24% |
| Oct 31, 2021 | -2.83% |
| Jul 31, 2021 | -1.05% |
| Apr 30, 2021 | -3.24% |