Zscaler, Inc.
Zscaler, Inc.
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Financial Statements
Values in Millions ($) | 2026-04-30 | 2026-01-31 | 2025-10-31 | 2025-07-31 | 2025-04-30 | 2025-01-31 | 2024-10-31 | 2024-07-31 | 2024-04-30 | 2024-01-31 | 2023-10-31 | 2023-07-31 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Assets Current | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 982 | 1,203 | 1,338 | 2,389 | 1,991 | 1,759 | 1,554 | 1,423 | 1,259 | 1,439 | 1,362 | 1,262 | |||||
Debt Securities Available For Sale Excluding Accru… | 2,557 | 2,310 | 1,983 | 1,183 | 1,015 | 1,122 | 1,154 | 987 | 981 | 1,021 | 963 | 838 | |||||
Accounts Receivable Net Current | 730 | 552 | 530 | 992 | 616 | 514 | 425 | 737 | 506 | 480 | 367 | 583 | |||||
Capitalized Contract Cost Net Current | 197 | 189 | 183 | 181 | 166 | 156 | 152 | 149 | 135 | 126 | 119 | 116 | |||||
Prepaid Expense And Other Assets Current | 188 | 197 | 172 | 149 | 128 | 115 | 109 | 102 | 89 | 78 | 81 | 92 | |||||
Assets Current | 4,654 | 4,451 | 4,206 | 4,894 | 3,915 | 3,665 | 3,394 | 3,397 | 2,970 | 3,143 | 2,892 | 2,890 | |||||
Property Plant And Equipment Net | 575 | 545 | 542 | 543 | 499 | 422 | 409 | 383 | 331 | 294 | 266 | 242 | |||||
Operating Lease Right Of Use Asset | 138 | 138 | 127 | 90 | 71 | 84 | 84 | 90 | 92 | 88 | 77 | 71 | |||||
Capitalized Contract Cost Net Noncurrent | 348 | 331 | 323 | 329 | 298 | 284 | 287 | 297 | 268 | 256 | 253 | 259 | |||||
Finite Lived Intangible Assets Net | 192 | 193 | 215 | 47 | 51 | 56 | 60 | 64 | 69 | 23 | 26 | 26 | |||||
Goodwill | 1,094 | 1,001 | 994 | 418 | 418 | 418 | 417 | 417 | 417 | 92 | 92 | 89 | |||||
Other Assets Noncurrent | 97 | 95 | 95 | 99 | 87 | 77 | 59 | 58 | 52 | 38 | 30 | 31 | |||||
Assets | 7,098 | 6,754 | 6,503 | 6,420 | 5,340 | 5,006 | 4,709 | 4,705 | 4,199 | 3,934 | 3,636 | 3,608 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Accounts Payable Current | 34 | 29 | 48 | 47 | 55 | 25 | 25 | 23 | 28 | 17 | 23 | 18 | |||||
Employee Related Liabilities Current | 181 | 161 | 135 | 182 | 155 | 140 | 126 | 161 | 163 | 137 | 98 | 137 | |||||
Contract With Customer Liability Current | 2,097 | 1,984 | 1,946 | 2,054 | 1,678 | 1,596 | 1,533 | 1,644 | 1,377 | 1,316 | 1,245 | 1,281 | |||||
Convertible Notes Payable Current | - | - | - | 0 | 1,149 | 1,148 | 1,146 | 1,142 | - | - | - | 0 | |||||
Operating Lease Liability Current | 67 | 68 | 68 | 52 | 47 | 50 | 50 | 51 | 51 | 45 | 38 | 34 | |||||
Liabilities Current | 2,501 | 2,341 | 2,306 | 2,430 | 3,168 | 3,049 | 2,964 | 3,113 | 1,701 | 1,584 | 1,474 | 1,536 | |||||
Convertible Long Term Notes Payable | 1,700 | 1,703 | 1,700 | 1,701 | - | - | - | 0 | 1,138 | 1,141 | 1,134 | 1,134 | |||||
Contract With Customer Liability Noncurrent | 380 | 372 | 405 | 414 | 307 | 283 | 251 | 251 | 200 | 186 | 155 | 159 | |||||
Operating Lease Liability Noncurrent | 95 | 94 | 66 | 43 | 33 | 41 | 42 | 45 | 47 | 48 | 44 | 42 | |||||
Other Liabilities Noncurrent | 56 | 48 | 44 | 33 | 26 | 26 | 24 | 22 | 19 | 17 | 21 | 13 | |||||
Liabilities | 4,731 | 4,558 | 4,521 | 4,621 | 3,535 | 3,399 | 3,280 | 3,431 | 3,106 | 2,975 | 2,828 | 2,883 | |||||
Stockholders Equity | |||||||||||||||||
Preferred Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | 0 | |||||
Common Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Additional Paid In Capital | 3,624 | 3,416 | 3,175 | 2,981 | 2,961 | 2,797 | 2,593 | 2,427 | 2,242 | 2,114 | 1,949 | 1,817 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | -8 | 15 | 8 | 8 | 16 | -22 | -4 | -5 | -16 | -3 | -18 | -2 | |||||
Retained Earnings Accumulated Deficit | -1,249 | -1,235 | -1,201 | -1,190 | -1,172 | -1,168 | -1,160 | -1,148 | -1,133 | -1,152 | -1,124 | -1,090 | |||||
Stockholders Equity | 2,367 | 2,196 | 1,982 | 1,799 | 1,805 | 1,607 | 1,429 | 1,274 | 1,093 | 959 | 808 | 725 | |||||
Liabilities And Stockholders Equity | 7,098 | 6,754 | 6,503 | 6,420 | 5,340 | 5,006 | 4,709 | 4,705 | 4,199 | 3,934 | 3,636 | 3,608 | |||||
Preferred Stock Par Or Stated Value Per Share | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | - | - | - | 0.001 | |||||
Preferred Stock Shares Authorized | 200 | 200 | 200 | 200 | 200 | 200 | 200 | 200 | - | - | - | 200 | |||||
Preferred Stock Shares Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | 0 | |||||
Preferred Stock Shares Outstanding | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | 0 | |||||
Common Stock Par Or Stated Value Per Share | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | |||||
Common Stock Shares Authorized | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | |||||
Common Stock Shares Issued | 162 | 161 | 159 | 158 | 156 | 155 | 153 | 152 | 151 | 150 | 148 | 147 | |||||
Shares Outstanding | 162 | 161 | 159 | 158 | 156 | 155 | 153 | 152 | 151 | 150 | 148 | 147 | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -19.74% | -26.15% | -38.66% | -9.49% | -19.53% | -3.77% | -32.37% | -18.78% | - | - | - | - |
| 2025 | -10.24% | -5.90% | -3.43% | -10.28% | 18.38% | 41.61% | 20.64% | 14.98% | 9.50% | 6.54% | 15.52% | -12.27% |
| 2024 | 11.95% | 19.67% | 18.86% | -4.84% | -12.53% | -15.21% | 6.19% | 0.20% | 10.19% | 4.33% | 9.53% | 23.92% |
| 2023 | - | - | - | - | - | - | 0.95% | 8.67% | -1.49% | 2.74% | 3.23% | 24.37% |
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Performance and Valuation Metrics
Metrics | 2026-04-30 | 2026-01-31 | 2025-10-31 | 2025-07-31 | 2025-04-30 | 2025-01-31 | 2024-10-31 | 2024-07-31 | 2024-04-30 | 2024-01-31 | 2023-10-31 | 2023-07-31 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 1.86 | 1.90 | 1.82 | 2.01 | 1.24 | 1.20 | 1.15 | 1.09 | 1.75 | 1.98 | 1.96 | 1.88 | |||||
| Quick Ratio | 1.79 | 1.82 | 1.75 | 1.95 | 1.20 | 1.16 | 1.11 | 1.06 | 1.69 | 1.94 | 1.91 | 1.82 | |||||
| Working Capital | 2.15B | 2.11B | 1.90B | 2.46B | 747.00M | 616.34M | 430.17M | 283.73M | 1.27B | 1.56B | 1.42B | 1.35B | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 2.00 | 2.08 | 2.28 | 2.57 | 1.96 | 2.11 | 2.30 | 2.69 | 2.84 | 3.10 | 3.50 | 3.98 | |||||
| Interest Coverage TTM | -13.49 | -14.03 | -15.77 | -13.49 | -11.14 | -8.50 | -8.09 | -9.25 | -11.57 | -18.03 | -25.28 | -35.87 | |||||
| Debt Ratio | 0.67 | 0.67 | 0.70 | 0.72 | 0.66 | 0.68 | 0.70 | 0.73 | 0.74 | 0.76 | 0.78 | 0.80 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.51 | 0.51 | 0.51 | 0.48 | 0.53 | 0.54 | 0.55 | 0.52 | 0.55 | 0.54 | 0.54 | 0.50 | |||||
| Days Sales Outstanding TTM | 77.42 | 64.83 | 61.52 | 118.02 | 80.41 | 74.90 | 62.82 | 111.06 | 79.35 | 80.70 | 65.97 | 110.88 | |||||
| Receivables Turnover TTM | 4.71 | 5.63 | 5.93 | 3.09 | 4.54 | 4.87 | 5.81 | 3.29 | 4.60 | 4.52 | 5.53 | 3.29 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | -0.48 | -0.42 | -0.26 | -0.27 | -0.25 | -0.10 | -0.24 | -0.39 | -0.48 | -0.93 | -1.14 | -1.40 | |||||
| Free Cash Flow Per Share TTM | 5.99 | 5.93 | 5.83 | 5.23 | 4.98 | 5.01 | 4.70 | 4.25 | 3.93 | 3.59 | 3.35 | 2.52 | |||||
| Dividend Per Share TTM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 76.65% | 76.53% | 76.65% | 76.87% | 77.38% | 77.77% | 77.94% | 77.99% | 77.85% | 77.47% | 77.39% | 77.56% | |||||
| Operating Profit Margin TTM | -4.73% | -4.86% | -4.73% | -4.81% | -4.84% | -4.16% | -4.61% | -5.60% | -6.85% | -10.12% | -12.04% | -14.51% | |||||
| Net Profit Margin TTM | -2.44% | -2.25% | -1.45% | -1.55% | -1.52% | -0.64% | -1.58% | -2.66% | -3.62% | -7.32% | -9.54% | -12.51% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 24.61% | 23.91% | 23.24% | 23.31% | 25.46% | 27.77% | 30.77% | 34.07% | 37.16% | 40.62% | 44.58% | 48.22% | |||||
| Net Income Growth (1Y) | 99.57% | 335.51% | 13.14% | -28.12% | -47.24% | -88.80% | -78.36% | -71.48% | -72.71% | -57.29% | -54.40% | -48.16% | |||||
| EPS Growth (1Y) | 92.33% | 319.11% | 8.84% | -30.36% | -48.82% | -89.15% | -79.06% | -72.37% | -73.60% | -58.56% | -55.68% | -49.60% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | -271.43 | -472.25 | -1,279.60 | -1,063.01 | -903.50 | -2,004.79 | -760.35 | -464.91 | -353.61 | -253.14 | -139.73 | -114.89 | |||||
| P/B TTM | 8.88 | 14.54 | 26.49 | 24.51 | 19.41 | 19.37 | 19.31 | 21.06 | 23.78 | 36.61 | 29.01 | 32.06 | |||||
| P/S TTM | 6.62 | 10.64 | 18.54 | 16.49 | 13.76 | 12.85 | 12.00 | 12.38 | 12.80 | 18.52 | 13.32 | 14.38 | |||||
| Market Cap | 21.01B | 31.94B | 52.52B | 44.09B | 35.04B | 31.13B | 27.58B | 26.83B | 25.99B | 35.10B | 23.43B | 23.25B | |||||
| Enterprise Value | 21.72B | 32.44B | 52.88B | 43.40B | 34.19B | 30.52B | 27.17B | 26.55B | 25.87B | 34.81B | 23.20B | 23.12B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 963.46M | 946.76M | 924.86M | 808.20M | 771.82M | 770.66M | 717.42M | 635.26M | 589.95M | 534.41M | 494.04M | 365.15M | |||||
| Net Debt | 717.52M | 499.97M | 361.68M | -688.30M | -842.01M | -610.99M | -407.85M | -280.81M | -121.51M | -297.58M | -227.70M | -128.05M | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
| Altman Z-Score | |||||||||||||||||
| ROA TTM | |||||||||||||||||
| ROE TTM | |||||||||||||||||
| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
| Payout Ratio TTM | |||||||||||||||||
| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
| EV EBIT TTM | |||||||||||||||||
| Stock Compensation TTM | |||||||||||||||||
| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
Zscaler, Inc. (ZS) — SEC Financial Statements & Analysis
Zscaler, Inc. (ZS) is a services-computer programming services company, incorporated in DE. Zscaler, Inc. trades on ZS: Nasdaq as: ZS. Based on its latest SEC filing (Form 10-Q, period ending 2026-04-30), Zscaler, Inc. reported a 24.61% year-over-year revenue growth, a Gross Profit Margin of 76.65% (TTM), a Debt-to-Equity ratio of 2.00x, a Price-to-Sales (P/S) ratio of 6.62x (TTM), a Price-to-Book (P/B) ratio of 8.88 (TTM), at a market cap of $21.01B. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 24.61%
- Gross Profit Margin TTM
- 76.65%
- Debt To Equity
- 2.00x
- P/S TTM
- 6.62x
- P/B TTM
- 8.88
- Market Cap
- $21.01B
Data as of 2026-04-30 · Source: SEC EDGAR
Frequently Asked Questions
What industry is Zscaler, Inc. in?
Zscaler, Inc. (ZS) operates in the Services-Computer Programming Services industry.
What is ZS's market cap?
Zscaler, Inc. (ZS) has a market capitalization of $21.01B as of 2026-04-30.
What exchange does ZS trade on?
Zscaler, Inc. (ZS) trades on the ZS: Nasdaq.
Where is Zscaler, Inc. incorporated?
Zscaler, Inc. is incorporated in DE.