As of January 30, 2026, Zscaler had a market cap of $31.9 billion, which decreased by 0.28% compared to the previous trading day. Market capitalization, often referred to as market cap, represents the total value of a company's outstanding shares on the stock market and is a common measure of its overall size and valuation.
Note: Each point on the chart represents the market capitalization at the end of the trading day. Source: Data compiled from EDGAR filings, Bloomberg and Yahoo Finance.
📈 Zscaler Market Cap History by Year and Month
Zscaler Market Cap History by Year and Month
Year / Month
Market Cap
% Change
2026
$31.9B
▼ 11.07%
$31.9B
▼ 11.07%
2025
$35.87B
▲ 29.58%
$35.87B
▼ 10.57%
$40.11B
▼ 23.48%
$52.42B
▲ 10.50%
$47.44B
▲ 9.97%
$43.14B
▼ 2.97%
$44.46B
▼ 9.04%
$48.88B
▲ 13.86%
$42.93B
▲ 21.93%
$35.21B
▲ 14.69%
$30.7B
▲ 1.12%
$30.36B
▼ 3.16%
$31.35B
▲ 13.25%
2024
$27.682B
▼ 15.77%
$27.682B
▼ 12.67%
$31.697B
▲ 14.28%
$27.737B
▲ 6.41%
$26.067B
▼ 14.52%
$30.495B
▲ 11.50%
$27.349B
▼ 5.86%
$29.05B
▲ 13.08%
$25.689B
▼ 1.82%
$26.166B
▼ 9.36%
$28.868B
▼ 20.39%
$36.262B
▲ 2.74%
$35.294B
▲ 7.39%
2023
$32.864B
▲ 103.66%
$32.864B
▲ 12.16%
$29.3B
▲ 24.50%
$23.535B
▲ 2.78%
$22.898B
▼ 0.30%
$22.966B
▼ 2.70%
$23.603B
▲ 10.58%
$21.344B
▲ 7.99%
$19.765B
▲ 51.17%
$13.075B
▼ 22.88%
$16.954B
▼ 10.92%
$19.032B
▲ 5.65%
$18.014B
▲ 11.63%
2022
$16.137B
▼ 64.15%
$16.137B
▼ 16.15%
$19.245B
▼ 13.40%
$22.223B
▼ 5.49%
$23.513B
▲ 3.22%
$22.779B
▲ 3.56%
$21.997B
▲ 3.72%
$21.209B
▼ 2.34%
$21.717B
▼ 24.08%
$28.605B
▼ 15.97%
$34.042B
▲ 0.89%
$33.742B
▼ 6.96%
$36.268B
▼ 19.43%
2021
$45.012B
▲ 67.96%
$45.012B
▼ 7.39%
$48.604B
▲ 9.87%
$44.239B
▲ 21.60%
$36.38B
▼ 5.79%
$38.617B
▲ 19.49%
$32.317B
▲ 9.19%
$29.598B
▲ 11.26%
$26.603B
▲ 3.56%
$25.688B
▲ 10.07%
$23.337B
▼ 16.27%
$27.872B
▲ 4.01%
$26.798B
— 0.00%
2020
$26.799B
▲ 350.40%
$26.799B
▲ 28.22%
$20.9B
▲ 15.83%
$18.043B
▼ 3.51%
$18.699B
▼ 1.85%
$19.051B
▲ 10.46%
$17.247B
▲ 20.68%
$14.292B
▲ 11.63%
$12.803B
▲ 46.42%
$8.744B
▲ 11.08%
$7.872B
▲ 17.06%
$6.725B
▼ 7.25%
$7.251B
▲ 21.87%
2019
$5.95B
▲ 24.14%
$5.95B
▼ 10.81%
$6.671B
▲ 18.57%
$5.626B
▼ 6.59%
$6.023B
▼ 31.25%
$8.761B
▼ 18.30%
$10.723B
▲ 11.34%
$9.631B
▲ 11.68%
$8.624B
▲ 0.56%
$8.576B
▼ 2.61%
$8.806B
▲ 42.77%
$6.168B
▲ 2.92%
$5.993B
▲ 25.04%
2018
$4.793B
▲ 23.79%
$4.793B
▼ 0.15%
$4.8B
▲ 8.33%
$4.431B
▼ 9.28%
$4.884B
▼ 4.70%
$5.125B
▲ 21.19%
$4.229B
▼ 1.10%
$4.276B
▲ 36.13%
$3.141B
▼ 12.29%
$3.581B
▲ 8.75%
$3.293B
▼ 14.95%
All market cap values reflect closing prices for the period shown.
📊 Zscaler Market Cap and Other Industry Peers
Below are selected companies from the Technology sector / subsector:
Data reflect the most recent market capitalization values available.
💡 What Is Market Capitalization and How Do We Calculate It?
For Zscaler Inc. (ZS), market capitalization represents the total market value of the company’s publicly traded shares. It helps investors understand Zscaler’s size within the technology sector and compare it with other companies in the same industry.
In most cases, market capitalization is calculated by multiplying the current share price by the number of basic shares outstanding. Basic shares represent the actual number of common shares that currently exist, without including potential future shares from employee stock options, RSUs, warrants, or convertible securities. For example, if Zscaler had one million basic shares and each traded at $50, its market capitalization would be $50 million.
Formula: Market Cap = Share Price × Shares Outstanding
The value of Zscaler’s market capitalization changes throughout the trading day because it mainly depends on the current share price. The number of shares outstanding typically remains stable unless the company issues new shares, buys back its own stock, or grants stock options to employees.
Based on the latest data, Zscaler had a market capitalization of $31.9 billion, placing it in the large-cap category within the technology industry.
Disclaimer: Despite all efforts, there may still be minor inaccuracies present in the data.
