Discontinued — last reported Q3 '22
Other
Long-term debt, net
Zscaler Long-term debt, net increased by 0.2% to $1.70B in Q4 2025 compared to the prior quarter. Over 5 years (FY 2020 to FY 2025), Long-term debt, net shows an upward trend with a 14.6% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementBalance Sheet Statement
SectionOther
CategoryLeverage
SignalLower is better
VolatilityStable
First reportedQ4 2015
Last reportedQ3 2022
How to read this metric
An increase indicates higher leverage and potential future dilution, while a decrease suggests debt repayment or conversion into equity.
Detailed definition
This represents the total principal amount of long-term debt obligations that are convertible into shares of the company...
Peer comparison
Common among high-growth SaaS companies to fund operations or acquisitions; peers often show varying levels based on capital structure preferences.
Metric ID:
other_convertible_long_term_notes_payableHistorical Data
17 periods
| Q1 '21 | Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $900.26M | $913.54M | $927.01M | $940.69M | $954.58M | $968.67M | $1.14B | $1.14B | $1.14B | $1.13B | $1.13B | $1.14B | $1.14B | $0.00 | $1.70B | $1.70B | $1.70B |
| QoQ Change | — | +1.5% | +1.5% | +1.5% | +1.5% | +1.5% | +17.6% | +0.1% | +0.0% | -0.6% | -0.0% | +0.6% | -0.3% | -100.0% | — | -0.1% | +0.2% |
| YoY Change | — | — | — | — | +6.0% | +6.0% | +22.9% | +21.2% | +19.5% | +17.1% | -0.5% | +0.0% | -0.3% | -100.0% | — | — | — |
Range$0.00 – $1.70B
CAGR+17.3%
Avg YoY Growth-0.8%
Median YoY Growth+6.0%
Long-term debt, net at Other Companies
Frequently Asked Questions
- What is Zscaler's long-term debt, net?
- Zscaler (ZS) reported long-term debt, net of $1.70B in Q4 2025.
- What is the long-term trend for Zscaler's long-term debt, net?
- Over 5 years (2020 to 2025), Zscaler's long-term debt, net has grown at a 14.6% compound annual growth rate (CAGR), from $861.62M to $1.70B.
- What does long-term debt, net mean?
- The total amount of long-term debt that can be converted into company stock.