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Zscaler, Inc. (ZS)
NASDAQ: ZS · Real-Time Price · USD
183.60
-4.58 (-2.43%)
At close: Aug 14, 2026, 4:00 PM EDT
183.36
-0.24 (-0.13%)
After-hours: Aug 14, 2026, 7:59 PM EDT

Zscaler Financials Overview

Millions USD. Fiscal year is Aug - Jul.

Revenue & Profits
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingApr '26 Jul '25 Jul '24 Jul '23 Jul '22 Jul '21
Revenue
3,1742,6732,1681,6171,091673.1
Revenue Growth
24.61%23.31%34.06%48.22%62.08%56.07%
Gross Profit
2,4352,0581,6931,255850.11524.02
Operating Income
-134.96-122.22-121.48-228.06-327.43-206.5
Net Income
-77.39-41.48-57.71-202.34-390.28-262.03
Earnings Per Share
-0.49-0.27-0.39-1.40-2.77-1.93
EPS Growth
------

Revenue by Segment
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingApr '26 Jul '25 Jul '24 Jul '23 Jul '22 Jul '21
Channel Partners
2,7042,3601,9681,4881,017632.42
Direct Customers
469.26312.89199.86128.5774.240.68
Revenue (Total)
3,1742,6732,1681,6171,091673.1

Cash & Debt
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingApr '26 Jul '25 Jul '24 Jul '23 Jul '22 Jul '21
Cash & Investments
3,5393,5722,4102,1001,7311,503
Total Debt
1,8681,7971,2421,2191,046964.61
Net Cash (Debt)
1,6711,7761,168881.66685.62537.95
Net Cash Growth
-5.94%52.06%32.46%28.59%27.45%15.60%
Net Cash Per Share
10.5211.507.816.084.873.97

Cash Flow & CapEx
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingApr '26 Jul '25 Jul '24 Jul '23 Jul '22 Jul '21
Operating Cash Flow
1,101972.45779.85462.34321.91202.04
Capital Expenditures
-137.51-164.25-144.59-97.2-69.3-48.17
Free Cash Flow
963.46808.2635.26365.15252.62153.88
Free Cash Flow Growth
24.83%27.22%73.97%44.55%64.17%324.54%

Margins
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingApr '26 Jul '25 Jul '24 Jul '23 Jul '22 Jul '21
Gross Margin
76.74%76.99%78.08%77.63%77.92%77.85%
Operating Margin
-4.25%-4.57%-5.60%-14.10%-30.01%-30.68%
Pretax Margin
-1.07%-0.68%-1.35%-11.29%-35.16%-38.21%
Profit Margin
-2.44%-1.55%-2.66%-12.51%-35.77%-38.93%
FCF Margin
30.36%30.23%29.30%22.58%23.16%22.86%

Valuation
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Jul '25 Jul '24 Jul '23 Jul '22 Jul '21
Forward PE
41.4182.5458.4179.69167.47282.00
P/FCF Ratio
30.8255.0142.6764.0887.08210.02
PS Ratio
9.3616.6312.5114.4720.1648.01