Zscaler Cash Flow Statement

Financials in millions USD. Fiscal year is August - July.

Millions USD. Fiscal year is Aug - Jul.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Apr '26 Apr 30, 2026	Jul '25 Jul 31, 2025	Jul '24 Jul 31, 2024	Jul '23 Jul 31, 2023	Jul '22 Jul 31, 2022	Jul '21 Jul 31, 2021
Net Income	-77.39	-41.48	-57.71	-202.34	-390.28	-262.03
Depreciation & Amortization	365.63	287.49	211.07	165.53	118	77.02
Stock-Based Compensation	782.99	661.35	527.68	444.83	409.56	258.54
Other Adjustments	87.18	38.37	32.74	25.74	87.18	82.95
Change in Receivables	-96.47	-256.01	-152.96	-183.86	-143.24	-111.61
Changes in Accounts Payable	-31.41	17.53	4.16	-8.42	14.36	7.45
Changes in Accrued Expenses	47.66	26.18	54.06	51.35	31.6	50.41
Changes in Unearned Revenue	417.14	573.05	450.31	418.56	391.18	262.43
Changes in Other Operating Activities	-394.35	-334.03	-289.51	-249.07	-196.45	-163.11
Operating Cash Flow	1,101	972.45	779.85	462.34	321.91	202.04
Operating Cash Flow Growth	18.97%	24.70%	68.67%	43.62%	59.33%	154.72%
Capital Expenditures	-137.51	-164.25	-144.59	-97.2	-69.3	-48.17
Purchases of Intangible Assets	-73.16	-81.51	-50.31	-31.53	-21.28	-10.13
Purchases of Investments	-2,370	-1,281	-1,293	-1,067	-844.94	-818.56
Proceeds from Sale of Investments	821.35	1,101	1,179	952.38	1,335	807.72
Payments for Business Acquisitions	-770.05	-0.83	-374.7	-15.64	-25.29	-40.53
Investing Cash Flow	-2,529	-427.02	-683.18	-259.34	374.06	-109.67
Long-Term Debt Issued	-	1,725	-	-	-	-
Long-Term Debt Repaid	-	-1,150	-	-	-	-
Net Long-Term Debt Issued (Repaid)	-	574.96	-	-	-	-
Issuance of Common Stock	66.79	67.14	64.25	46.21	41.59	43.93
Net Common Stock Issued (Repurchased)	66.79	67.14	64.25	46.21	41.59	43.93
Other Financing Activities	-221.74	-221.59	-0.04	-0.22	-0.26	-2.25
Financing Cash Flow	419.61	420.51	64.21	45.99	41.34	41.68
Net Cash Flow	-1,009	965.94	160.87	249	737.31	134.05
Free Cash Flow	963.46	808.2	635.26	365.15	252.62	153.88
Free Cash Flow Growth	19.21%	27.22%	73.97%	44.55%	64.17%	324.54%
FCF Margin	30.36%	30.23%	29.30%	22.58%	23.16%	22.86%
Free Cash Flow Per Share	6.06	5.23	4.25	2.52	1.79	1.13
Levered Free Cash Flow	218.96	939.45	227.81	78.43	-100.89	-76.01
Unlevered Free Cash Flow	-74.85	114.66	45.68	20.74	-43.72	-25.71

SEC Filings: 10-K · 10-Q