Shares Outstanding for Zscaler (ZS)
According to Zscaler's latest reported financial statements, the company's latest reported diluted shares outstanding is 159.68M. Diluted weighted-average shares outstanding is the share count used to compute per-share metrics like EPS. Buybacks lower it; new issuance, stock-based compensation, and convertible securities raise it. Multiply by the stock price for market capitalization.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
ZS
Currently viewingShares OutstandingSwitch metric
Latest period
159.68M
YoY change
+3.2%
5Y CAGR
+3.6%
Peak year (2025)
154.40M
Latest annual
154.40M
Shares Outstanding history chart for Zscaler (ZS) from 2015 to 2025
Shares Outstanding history table for Zscaler (ZS) from 2015 to 2025
| Fiscal year | Period ended | Reported | Shares Outstanding | YoY |
|---|---|---|---|---|
| 2025 | 154.40M | +3.2% | ||
| 2024 | 149.59M | +3.2% | ||
| 2023 | 144.94M | +2.9% | ||
| 2022 | 140.90M | +3.9% | ||
| 2021 | 135.65M | +4.9% | ||
| 2020 | 129.32M | +4.7% | ||
| 2019 | 123.57M | +93.4% | ||
| 2018 | 63.88M | -38.4% | ||
| 2017 | 103.63M | +268.3% | ||
| 2016 | 28.13M | +7.8% | ||
| 2015 | 26.11M | — |
Shares Outstanding 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
2025's annual diluted shares outstanding for Zscaler (ZS) came in at 154.40M – edged up 3.2% year-over-year.
Through 2020–2025 (5 years), Zscaler diluted shares outstanding delivered a +3.6% annualised rate; sustaining 7 straight years of year-over-year growth.
The dataset's maximum diluted shares outstanding sits at 154.40M (2025); the minimum reading of 26.11M dates to 2015.
Within Technology, Zscaler (ZS) ranks 9th among 8 peers we track. The peer median for diluted shares outstanding is 5.02B.
Zscaler Shares Outstanding by Year
Zscaler Shares Outstanding 2025: 154.40M
Zscaler diluted shares outstanding in 2025 was 154.40M, edged up 3.2% from 2024. This figure represents the highest annual value in the available history.
Zscaler Shares Outstanding 2024: 149.59M
Zscaler diluted shares outstanding in 2024 was 149.59M, edged up 3.2% from 2023.
Zscaler Shares Outstanding 2023: 144.94M
Zscaler diluted shares outstanding in 2023 was 144.94M, edged up 2.9% from 2022.
Zscaler Shares Outstanding 2022: 140.90M
Zscaler diluted shares outstanding in 2022 was 140.90M, edged up 3.9% from 2021.
Zscaler Shares Outstanding 2021: 135.65M
Zscaler diluted shares outstanding in 2021 was 135.65M.
See more financial history for Zscaler (ZS).
Sector peers — Shares Outstanding
Companies in the same sector as Zscaler, ranked by their latest diluted shares outstanding.
| Company | Shares Outstanding | Sector |
|---|---|---|
| NVIDIA Corporation (NVDA) | 24.43B | Technology |
| Apple Inc. (AAPL) | 15.00B | Technology |
| Microsoft Corporation (MSFT) | 7.46B | Technology |
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | 5.19B | Technology |
| Broadcom Inc. (AVGO) | 4.85B | Technology |
| Advanced Micro Devices, Inc. (AMD) | 1.64B | Technology |
| Micron Technology, Inc. (MU) | 1.13B | Technology |
| ASML Holding N.V. (ASML) | 388.90M | Technology |
Frequently asked questions
What is Zscaler's diluted shares outstanding?
- Latest reported diluted shares outstanding for Zscaler (ZS) is 159.68M (period ending January 31, 2026).
How has Zscaler diluted shares outstanding changed year-over-year?
- Zscaler (ZS) diluted shares outstanding changed +3.2% year-over-year on the latest annual filing.
What is the long-term growth rate of Zscaler diluted shares outstanding?
- Zscaler (ZS) diluted shares outstanding compound annual growth rate is +3.6% over the most recent 5 years available.
When did Zscaler diluted shares outstanding hit its highest annual value?
- Zscaler diluted shares outstanding reached its highest annual value of 154.40M in 2025.
What was Zscaler diluted shares outstanding in 2024?
- Zscaler (ZS) diluted shares outstanding in 2024 was 149.59M.
What was Zscaler diluted shares outstanding in 2025?
- Zscaler (ZS) diluted shares outstanding in 2025 was 154.40M.
Metrics overview
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