Other
Contract with Customer, Liability
Zscaler Contract with Customer, Liability increased by 0.2% to $2.36B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 25.4%, from $1.88B to $2.36B. Over 4 years (FY 2021 to FY 2025), Contract with Customer, Liability shows an upward trend with a 40.7% CAGR.
Analysis
StatementBalance Sheet Statement
SectionOther
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ4 2018
Last reportedQ1 2026
How to read this metric
An increase indicates higher deferred revenue and future service obligations, while a decrease suggests revenue is being recognized faster than new prepayments are received.
Detailed definition
This represents the obligation to transfer services to a customer for which the entity has received consideration or for...
Peer comparison
Similar to deferred revenue or contract liabilities reported by other asset management and financial services companies.
Metric ID:
other_contract_with_customer_liabilityHistorical Data
19 periods
| 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 | $630.60M | $647.80M | $759.90M | $818.70M | $1.02B | $1.01B | $1.11B | $1.18B | $1.44B | $1.40B | $1.50B | $1.58B | $1.90B | $1.78B | $1.88B | $1.99B | $2.47B | $2.35B | $2.36B |
| QoQ Change | — | +2.7% | +17.3% | +7.7% | +24.7% | -1.5% | +10.6% | +5.7% | +22.5% | -2.8% | +7.3% | +5.0% | +20.2% | -5.9% | +5.3% | +5.7% | +24.3% | -4.7% | +0.2% |
| YoY Change | — | — | — | — | +61.9% | +55.2% | +46.3% | +43.6% | +41.0% | +39.2% | +35.1% | +34.2% | +31.6% | +27.5% | +25.0% | +25.9% | +30.2% | +31.8% | +25.4% |
Range$630.60M – $2.47B
CAGR+34.0%
Avg YoY Growth+36.9%
Median YoY Growth+34.2%
Contract with Customer, Liability at Other Companies
Frequently Asked Questions
- What is Zscaler's contract with customer, liability?
- Zscaler (ZS) reported contract with customer, liability of $2.36B in Q4 2025.
- How has Zscaler's contract with customer, liability changed year-over-year?
- Zscaler's contract with customer, liability increased by 25.4% year-over-year, from $1.88B to $2.36B.
- What is the long-term trend for Zscaler's contract with customer, liability?
- Over 4 years (2021 to 2025), Zscaler's contract with customer, liability has grown at a 40.7% compound annual growth rate (CAGR), from $630.60M to $2.47B.
- What does contract with customer, liability mean?
- The value of services owed to customers for which payment has already been received.