Non-Current Liabilities
Operating Lease Liabilities
Zscaler Operating Lease Liabilities increased by 43.0% to $94.08M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 130.0%, from $40.91M to $94.08M. Over 5 years (FY 2020 to FY 2025), Operating Lease Liabilities shows an upward trend with a 9.1% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalContext dependent
VolatilityStable
First reportedQ4 2019
Last reportedQ1 2026
How to read this metric
An increase reflects long-term expansion of the leased asset base, while a decrease indicates a reduction in long-term lease commitments.
Detailed definition
This represents the portion of operating lease obligations that are due beyond the next twelve months. It reflects the l...
Peer comparison
Standard long-term liability for companies with significant real estate or equipment footprints.
Metric ID:
operating_lease_liabilities_non_currentHistorical Data
20 periods
| Q1 '21 | Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $35.47M | $31.23M | $30.53M | $29.28M | $31.03M | $50.95M | $51.07M | $46.23M | $42.88M | $41.92M | $43.61M | $47.91M | $46.90M | $44.82M | $41.94M | $40.91M | $32.70M | $43.35M | $65.77M | $94.08M |
| QoQ Change | — | -12.0% | -2.2% | -4.1% | +6.0% | +64.2% | +0.2% | -9.5% | -7.2% | -2.3% | +4.0% | +9.9% | -2.1% | -4.4% | -6.4% | -2.4% | -20.1% | +32.6% | +51.7% | +43.0% |
| YoY Change | — | — | — | — | -12.5% | +63.2% | +67.2% | +57.9% | +38.2% | -17.7% | -14.6% | +3.6% | +9.4% | +6.9% | -3.8% | -14.6% | -30.3% | -3.3% | +56.8% | +130.0% |
Range$29.28M – $94.08M
CAGR+22.8%
Avg YoY Growth+21.0%
Median YoY Growth+5.3%
Current Streak3 quarters growth
Operating Lease Liabilities at Other Companies
Frequently Asked Questions
- What is Zscaler's operating lease liabilities?
- Zscaler (ZS) reported operating lease liabilities of $94.08M in Q4 2025.
- How has Zscaler's operating lease liabilities changed year-over-year?
- Zscaler's operating lease liabilities increased by 130.0% year-over-year, from $40.91M to $94.08M.
- What is the long-term trend for Zscaler's operating lease liabilities?
- Over 5 years (2020 to 2025), Zscaler's operating lease liabilities has grown at a 9.1% compound annual growth rate (CAGR), from $28.02M to $43.35M.
- What does operating lease liabilities mean?
- The amount of lease payments due after one year.