Filing Flows › Zscaler (ZS) › R&D spending
Zscaler (ZS) R&D spending by quarter
Zscaler's R&D spending was $241M in Q4 FY26 (fourth quarter fiscal 2026), +4% from Q3 FY26. Over the last 7 quarters it ranged from $170M (Q3 FY25) to $241M (Q4 FY26).
| Quarter | R&D spending | Q/Q | Y/Y |
|---|---|---|---|
| Q4 FY26 | $241M | +4% | +36% |
| Q3 FY26 | $232M | +1% | +37% |
| Q2 FY26 | $229M | +14% | +34% |
| Q1 FY26 | $200M | +13% | — |
| Q4 FY25 | $178M | +5% | — |
| Q3 FY25 | $170M | -0.6% | — |
| Q2 FY25 | $171M | — | — |
Q4 FY26 at a glance
Zscaler, Q4 FY26: revenue $898M (+25% year over year), operating margin -1.7%, net loss $3.4M, operating cash flow $279M. The chart follows the revenue to costs, profit and cash.
Questions
What is Zscaler's R&D spending?
Zscaler's R&D spending was $241M in Q4 FY26 (fourth quarter fiscal 2026), +4% from Q3 FY26.
How has Zscaler's R&D spending changed?
Over the last 7 quarters it ranged from $170M (Q3 FY25) to $241M (Q4 FY26).