Market Cap for Zscaler (ZS)
According to Zscaler's latest reported financial statements, the company's latest reported market cap is $31.94B USD. Market capitalization is the total dollar value of all outstanding shares — shares outstanding × stock price — and the standard measure of a company's equity value. On this page, historical market cap snaps filing-period share counts to closing prices on or before each statement date (not intraday tick data).
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
ZS
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Latest period
$31.94B
YoY change
-51.2%
5Y CAGR
-7.6%
Peak year (2025)
$44.09B
Latest annual
$21.51B
Market Cap history chart for Zscaler (ZS) from 2018 to 2026
Market Cap history table for Zscaler (ZS) from 2018 to 2026
| Fiscal year | Period ended | Reported | Market Cap | YoY |
|---|---|---|---|---|
| 2026 | $21.51B | -51.2% | ||
| 2025 | $44.09B | +64.3% | ||
| 2024 | $26.83B | +15.4% | ||
| 2023 | $23.25B | +6.4% | ||
| 2022 | $21.85B | -31.7% | ||
| 2021 | $32.00B | +90.6% | ||
| 2020 | $16.79B | +61.3% | ||
| 2019 | $10.41B | +361.6% | ||
| 2018 | $2.26B | — |
Market Cap values are taken from Zscaler's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
2026's annual market cap for Zscaler (ZS) came in at $21.51B – plunged 51.2% year-over-year.
Over 2021–2026 (5 years), Zscaler market cap expanded at a -7.6% compound annual rate, with a net decline across the window.
Zscaler market cap plunged from $44.09B in 2025 to $21.51B in 2026, a 51.2% drawdown.
The highest annual market cap of $44.09B was reported in 2025. The lowest in the available history was $2.26B in 2018.
Zscaler (ZS) sits 9th of 8 Technology peers we track on this metric, against a peer median of $1.96T.
Zscaler Market Cap by Year
Zscaler Market Cap 2026: $21.51B
Zscaler market cap in 2026 was $21.51B, plunged 51.2% below 2025.
Zscaler Market Cap 2025: $44.09B
Zscaler market cap in 2025 was $44.09B, surged 64.3% from 2024. This figure represents the highest annual value in the available history.
Zscaler Market Cap 2024: $26.83B
Zscaler market cap in 2024 was $26.83B, grew 15.4% from 2023.
Zscaler Market Cap 2023: $23.25B
Zscaler market cap in 2023 was $23.25B, grew 6.4% from 2022.
Zscaler Market Cap 2022: $21.85B
Zscaler market cap in 2022 was $21.85B.
See more financial history for Zscaler (ZS).
Sector peers — Market Cap
Companies in the same sector as Zscaler, ranked by their latest market cap.
| Company | Market Cap | Sector |
|---|---|---|
| NVIDIA Corporation (NVDA) | $5.18T | Technology |
| Apple Inc. (AAPL) | $3.98T | Technology |
| Microsoft Corporation (MSFT) | $3.15T | Technology |
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | $2.03T | Technology |
| Broadcom Inc. (AVGO) | $1.89T | Technology |
| Micron Technology, Inc. (MU) | $568.70B | Technology |
| ASML Holding N.V. (ASML) | $533.63B | Technology |
| Advanced Micro Devices, Inc. (AMD) | $522.87B | Technology |
Frequently asked questions
What is Zscaler's market cap?
- Latest reported market cap for Zscaler (ZS) is $31.94B (period ending January 31, 2026).
How has Zscaler market cap changed year-over-year?
- Zscaler (ZS) market cap changed -51.2% year-over-year on the latest annual filing.
What is the long-term growth rate of Zscaler market cap?
- Zscaler (ZS) market cap compound annual growth rate is -7.6% over the most recent 5 years available.
When did Zscaler market cap hit its highest annual value?
- Zscaler market cap reached its highest annual value of $44.09B in 2025.
What was Zscaler market cap in 2025?
- Zscaler (ZS) market cap in 2025 was $44.09B.
What was Zscaler market cap in 2026?
- Zscaler (ZS) market cap in 2026 was $21.51B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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ZS Overview
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