Quick Answer
Zscaler, Inc. reported R&D Expense of $672.49 million for fiscal year 2025.
Zscaler, Inc. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $672.49M | +34.5% |
| 2024 | $499.83M | +42.5% |
| 2023 | $350.79M | +21.3% |
| 2022 | $289.14M | +65.6% |
| 2021 | $174.65M | +78.4% |
| 2020 | $97.88M | +57.9% |
| 2019 | $61.97M | +57.4% |
| 2018 | $39.38M | +17.3% |
| 2017 | $33.56M | +60.3% |
| 2016 | $20.94M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| January 31, 2026 | $229.14M | +34.1% | +14.3% |
| October 31, 2025 | $200.50M | +30.0% | +18.1% |
| April 30, 2025 | $169.76M | +35.9% | -0.6% |
| January 31, 2025 | $170.86M | +39.8% | +10.8% |
| October 31, 2024 | $154.25M | +35.9% | +23.4% |
| April 30, 2024 | $124.96M | +34.9% | +2.3% |
| January 31, 2024 | $122.18M | +42.5% | +7.6% |
| October 31, 2023 | $113.54M | +51.5% | +22.6% |
- Zscaler, Inc. showed an increase of +34.5% in R&D Expense compared to the prior fiscal year.
- Over the 2016–2025 period, Zscaler, Inc.’s r&d expense has grown by 3111.5% (from $20.94 million to $672.49 million).
- The most recent figure is from Zscaler, Inc.’s fiscal year 2025 report (Form 10-K), filed with the SEC on September 11, 2025.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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