Zscaler, Inc. (ZS)
NASDAQ: ZS · Real-Time Price · USD
196.60
-2.18 (-1.10%)
At close: Oct 2, 2026, 4:00 PM EDT
196.58
-0.02 (-0.01%)
After-hours: Oct 2, 2026, 7:59 PM EDT

Zscaler Financials Overview

Millions USD. Fiscal year is Aug - Jul.

Revenue & Profits

Fiscal QuarterQ4 2026Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022
Period EndingJul '26 Apr '26 Jan '26 Oct '25 Jul '25 Apr '25 Jan '25 Oct '24 Jul '24 Apr '24 Jan '24 Oct '23 Jul '23 Apr '23 Jan '23 Oct '22 Jul '22 Apr '22 Jan '22 Oct '21
Revenue
898.19850.48815.75788.11719.23678.03647.9627.96592.87553.2525496.7455.01418.8387.6355.55318.06286.81255.56230.52
Revenue Growth
24.88%25.43%25.91%25.50%21.31%22.57%23.41%26.42%30.30%32.09%35.45%39.70%43.06%46.02%51.66%54.24%61.39%62.59%62.73%61.68%
Gross Profit
690.14658.23624.63604.16548.27522.78499.83487.06463.15435.55408.21385.68352.76323.23300.18279.08250.03223.33198.07178.68
Operating Income
-9.05-27.86-50.56-30.54-26.01-25.41-40.14-30.67-26.95-3.01-45.46-46.06-43.25-50.48-65.24-69.09-81.83-86.6-83.93-74.37
Net Income
-3.37-13.88-34.31-11.62-17.58-4.13-7.72-12.05-14.8819.12-28.47-33.48-30.67-46.05-57.45-68.16-97.65-101.41-100.42-90.8
Earnings Per Share
-0.03-0.09-0.21-0.07-0.11-0.03-0.05-0.08-0.100.12-0.19-0.23-0.21-0.32-0.40-0.48-0.69-0.72-0.71-0.65
EPS Growth
--------------------

Revenue by Segment

Fiscal QuarterQ4 2026Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022
Period EndingJul '26 Apr '26 Jan '26 Oct '25 Jul '25 Apr '25 Jan '25 Oct '24 Jul '24 Apr '24 Jan '24 Oct '23 Jul '23 Apr '23 Jan '23 Oct '22 Jul '22 Apr '22 Jan '22 Oct '21
Channel Partners
761.94718.85688.46666.01630.99597.89572.99558.36530.5502.36480.59454.46417.64383.22358.17329.36295.94266.26238.95215.6
Direct Customers
136.25131.62127.3122.188.2480.1474.9169.662.3750.8444.4142.2537.3735.5829.4326.1922.1220.5516.6214.91
Revenue (Total)
898.19850.48815.75788.11719.23678.03647.9627.96592.87553.2525496.7455.01418.8387.6355.55318.06286.81255.56230.52

Cash & Debt

Fiscal QuarterQ4 2026Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022
Period EndingJul '26 Apr '26 Jan '26 Oct '25 Jul '25 Apr '25 Jan '25 Oct '24 Jul '24 Apr '24 Jan '24 Oct '23 Jul '23 Apr '23 Jan '23 Oct '22 Jul '22 Apr '22 Jan '22 Oct '21
Cash & Investments
3,4743,5393,5133,3213,5723,0062,8802,7082,4102,2402,4602,3242,1001,9681,9051,8251,7311,6581,6211,585
Total Debt
1,8681,8681,8661,8371,7971,2291,2391,2391,2421,2431,2391,2251,2191,2161,2161,2191,0461,005989.64978.04
Net Cash (Debt)
1,6061,6711,6461,4851,7761,7761,6411,4691,168997.31,2211,100881.66752.03689.42605.54685.62652.67631.57606.61
Net Cash Growth
-9.55%-5.94%0.32%1.06%52.06%78.12%34.38%33.62%32.46%32.61%77.14%81.58%28.59%15.22%9.16%-0.18%27.45%27.75%25.42%24.17%
Net Cash Per Share
9.9210.4010.319.3611.3511.4710.689.637.716.478.207.456.025.174.774.224.824.624.494.35

Cash Flow & CapEx

Fiscal QuarterQ4 2026Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022
Period EndingJul '26 Apr '26 Jan '26 Oct '25 Jul '25 Apr '25 Jan '25 Oct '24 Jul '24 Apr '24 Jan '24 Oct '23 Jul '23 Apr '23 Jan '23 Oct '22 Jul '22 Apr '22 Jan '22 Oct '21
Operating Cash Flow
279.29198.02204.07448.28250.6211.08179.43331.34203.56173.41142.07260.81135.94108.4789.48128.46103.1477.2448.2693.27
Capital Expenditures
-199.84-42.4-17.76-17.31-60.05-72.16-15.02-17.03-49.38-35.65-30.89-28.66-27.07-26.24-18.68-25.2-21.25-27.6-13.99-6.45
Free Cash Flow
79.45155.62186.32430.97190.56138.92164.42314.31154.17137.76111.18232.15108.8782.2370.8103.2681.8949.6434.2786.82
Free Cash Flow Growth
-58.31%12.02%13.32%37.12%23.60%0.84%47.89%35.39%41.62%67.54%57.03%124.83%32.95%65.65%106.57%18.93%165.99%-15.23%72.19%94.53%

Margins

Fiscal QuarterQ4 2026Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022
Period EndingJul '26 Apr '26 Jan '26 Oct '25 Jul '25 Apr '25 Jan '25 Oct '24 Jul '24 Apr '24 Jan '24 Oct '23 Jul '23 Apr '23 Jan '23 Oct '22 Jul '22 Apr '22 Jan '22 Oct '21
Gross Margin
76.84%77.39%76.57%76.66%76.23%77.10%77.15%77.56%78.12%78.73%77.75%77.65%77.53%77.18%77.45%78.49%78.61%77.87%77.50%77.51%
Operating Margin
-1.01%-3.28%-6.20%-3.88%-3.62%-3.75%-6.19%-4.88%-4.55%-0.55%-8.66%-9.27%-9.51%-12.05%-16.83%-19.43%-25.73%-30.19%-32.84%-32.26%
Pretax Margin
1.66%-0.28%-2.61%-1.06%-0.26%0.67%-2.55%-0.70%-0.86%3.77%-3.91%-4.93%-5.72%-9.40%-13.87%-17.84%-29.92%-35.53%-38.45%-38.31%
Profit Margin
-0.38%-1.63%-4.21%-1.47%-2.44%-0.61%-1.19%-1.92%-2.51%3.46%-5.42%-6.74%-6.74%-11.00%-14.82%-19.17%-30.70%-35.36%-39.29%-39.39%
FCF Margin
8.85%18.30%22.84%54.68%26.50%20.49%25.38%50.05%26.00%24.90%21.18%46.74%23.93%19.63%18.27%29.04%25.75%17.31%13.41%37.66%

Valuation

Fiscal QuarterQ4 2026Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022
Period EndingJul '26 Apr '26 Jan '26 Oct '25 Jul '25 Apr '25 Jan '25 Oct '24 Jul '24 Apr '24 Jan '24 Oct '23 Jul '23 Apr '23 Jan '23 Oct '22 Jul '22 Apr '22 Jan '22 Oct '21
Forward PE
34.0730.9051.3290.0382.5470.2366.3962.7558.4160.7394.0770.8879.6951.2793.35132.18167.47287.05282.00282.00
P/FCF Ratio
28.6921.8133.6956.6855.0145.3440.3438.4342.6743.9365.4147.2764.0838.6758.6081.9387.08141.94171.15225.63
PS Ratio
7.296.6210.6318.5016.6313.7412.8411.9912.5112.7718.4413.2814.478.8413.2818.1320.1629.4941.9058.13