Zscaler shares outstanding ZS
Diluted shares outstanding, averaged over each quarter, from 2017.
- Latest quarter, to Jul 31, 2026
- 161.9M
- On a year earlier
- +3.4%
- more shares
Zscaler had 161.9M diluted shares outstanding on average in Q4 FY26, the quarter to Jul 31, 2026.
That is 3.4% more than a year earlier, so each share owns a little less of the company.
Shares outstanding over time
Fiscal year by fiscal year
| Fiscal year | Shares, fourth quarter | Change |
|---|---|---|
| FY2026 | 161.9M | +3% |
| FY2025 | 156.5M | +3% |
| FY2024 | 151.5M | +3% |
| FY2023 | 146.4M | +3% |
| FY2022 | 142.4M | +3% |
| FY2021 | 137.8M | +5% |
| FY2020 | 131.7M | +4% |
| FY2019 | 126.3M | +5% |
| FY2018 | 119.8M | +296% |
| FY2017 | 30.2M | n/a |
Each fiscal year is the twelve months to its fourth quarter, shown as the fourth quarter's average share count.
Quarter by quarter
| Quarter | Ended | Shares outstanding | On a year earlier |
|---|---|---|---|
| Q4 FY26 | 161.9M | +3% | |
| Q3 FY26 | 160.7M | +4% | |
| Q2 FY26 | 159.7M | +4% | |
| Q1 FY26 | 158.6M | +4% | |
| Q4 FY25 | 156.5M | +3% | |
| Q3 FY25 | 154.9M | +1% | |
| Q2 FY25 | 153.7M | +3% | |
| Q1 FY25 | 152.6M | +3% | |
| Q4 FY24 | 151.5M | +3% | |
| Q3 FY24 | 154.1M | +6% | |
| Q2 FY24 | 149M | +3% | |
| Q1 FY24 | 147.6M | +3% |
What the shares outstanding tells you
Diluted shares outstanding, averaged over the period. Fewer shares means each one owns more of the company.
A falling count usually means buybacks. A rising one means stock pay, acquisitions paid in shares or new shares sold.
More on Zscaler
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.