Non-Current Assets

Deferred costs

Zscaler Deferred costs increased by 2.5% to $330.61M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 16.3%, from $284.29M to $330.61M. Over 5 years (FY 2020 to FY 2025), Deferred costs shows an upward trend with a 33.4% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ3 2025
Last reportedQ1 2026

How to read this metric

An increase indicates a growing pipeline of long-term contracts, while a decrease may signal shorter contract durations or reduced acquisition spending.

Detailed definition

This represents the portion of incremental contract acquisition costs that will be amortized over a period exceeding one...

Peer comparison

Standard in SaaS companies, often grouped with other long-term deferred assets.

Metric ID: non_current_assets_capitalized_contract_cost_net_noncurrent

Historical Data

20 periods
 Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$107.93M$149.66M$154.04M$165.48M$181.40M$210.79M$211.47M$219.05M$232.30M$259.41M$253.39M$255.88M$268.08M$296.53M$286.66M$284.29M$298.13M$328.72M$322.56M$330.61M
QoQ Change+38.7%+2.9%+7.4%+9.6%+16.2%+0.3%+3.6%+6.1%+11.7%-2.3%+1.0%+4.8%+10.6%-3.3%-0.8%+4.9%+10.3%-1.9%+2.5%
YoY Change+68.1%+40.9%+37.3%+32.4%+28.1%+23.1%+19.8%+16.8%+15.4%+14.3%+13.1%+11.1%+11.2%+10.9%+12.5%+16.3%
Range$107.93M$330.61M
CAGR+26.6%
Avg YoY Growth+23.2%
Median YoY Growth+16.6%

Frequently Asked Questions

What is Zscaler's deferred costs?
Zscaler (ZS) reported deferred costs of $330.61M in Q4 2025.
How has Zscaler's deferred costs changed year-over-year?
Zscaler's deferred costs increased by 16.3% year-over-year, from $284.29M to $330.61M.
What is the long-term trend for Zscaler's deferred costs?
Over 5 years (2020 to 2025), Zscaler's deferred costs has grown at a 33.4% compound annual growth rate (CAGR), from $77.68M to $328.72M.
What does deferred costs mean?
The portion of sales-related contract costs that will be expensed after more than one year.