Supply breakdown
Shares as of Aug 27, 2026| Category | Shares | % | Value | Status |
|---|---|---|---|---|
| Circulating | 163.05M | 100.0% | $23.02B | Estimated |
| Free float | - | - | - | Unavailable |
| Insider-held, unrestricted | - | - | - | Unavailable |
| Locked team funds | - | - | - | Unavailable |
| Other restricted (unlisted classes only) | - | - | - | Unavailable |
| Total outstanding | 163.05M | 100.0% | $23.02B | Verified |
| Ownership views (overlap the categories above, never added) | ||||
| Institutional holdings (13F) | 82.78M | 50.8% | $11.68B | Estimated |
| Insider-held, all (Forms 3, 4, 5) | - | - | - | Unavailable |
Institutional and insider holdings can include both tradable and locked shares, so they are shown for reference and never added to the total. Check: no class has more shares deducted than it has outstanding, and the review found no shares that may be counted twice: reconciles.
Valuation
- Traditional$23.02B
- Fully diluted-
- Circulating$23.02B
- Free float-
- Locked team value$0
- Other restricted value$0
Locked and restricted shares
Not reviewed yet.
Institutional holders
13F, quarter ended Jun 30, 2026| Holder | Shares | % of total |
|---|---|---|
| BlackRock, Inc. | 9.89M | 6.07% |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 6.20M | 3.80% |
| VANGUARD CAPITAL MANAGEMENT LLC | 4.72M | 2.90% |
| FIRST TRUST ADVISORS LP | 3.53M | 2.16% |
| GOLDMAN SACHS GROUP INC | 3.16M | 1.94% |
| STATE STREET CORP | 2.49M | 1.53% |
| Pictet Asset Management Holding SA | 2.10M | 1.29% |
| GEODE CAPITAL MANAGEMENT, LLC | 2.09M | 1.28% |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 1.73M | 1.06% |
| VICTORY CAPITAL MANAGEMENT INC | 1.68M | 1.03% |
Sum of long share positions in Form 13F reports for the quarter. 13F covers managers with over $100M in US equities; some positions are reported by more than one filer.
Insiders
Forms 3, 4 and 5Form 4 aggregation pending
Share classes
| Class | Listing | Shares outstanding | As of |
|---|---|---|---|
| Common stock | ZS on Nasdaq | 163,054,698 | Aug 27, 2026 |
Notes and sources
- Zscaler, Inc. 10-K for period ended 2026-07-31, Cover page (0001713683-26-000157)
- SEC public float (non-affiliates): $18.50B as of Jan 31, 2026, from the 10-K cover. It is a dollar value at a past date, not circulating supply.