A system for modulating hot gas reheat operation of a heating, ventilation, and/or air conditioning (HVAC) system with multiple compressors, wherein the HVAC system is configured to regulate air provided to multiple zones. The system includes a controller configured to respond to a call for dehumidification in the absence of a call for cooling by sequentially energizing a first compressor of the multiple compressors in a reheat mode of the first compressor, energizing a second compressor of the multiple compressors in a cooling mode of the second compressor, energizing a third compressor of the multiple compressors in a reheat mode of the third compressor initially at full capacity, and energizing a fourth compressor of the multiple compressors in a cooling mode of the fourth compressor.