Equity

Retained Earnings

Zscaler Retained Earnings decreased by 2.9% to -$1.24B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 5.8%, from -$1.17B to -$1.24B. Over 5 years (FY 2020 to FY 2025), Retained Earnings shows a downward trend with a 28.5% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionEquity
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ4 2015
Last reportedQ1 2026

How to read this metric

An increase signals strong historical profitability and reinvestment, while a decrease may indicate losses or significant dividend payouts.

Detailed definition

This represents the cumulative net income earned by the company since its inception, minus any dividends paid to shareho...

Peer comparison

A key metric for all established companies; growth rates are compared against peers to gauge long-term success.

Metric ID: retained_earnings

Historical Data

20 periods
 Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value-$520.58M-$601.60M-$692.40M-$792.82M-$894.23M-$991.88M-$956.20M-$1.01B-$1.06B-$1.09B-$1.12B-$1.15B-$1.13B-$1.15B-$1.16B-$1.17B-$1.17B-$1.19B-$1.20B-$1.24B
QoQ Change-15.6%-15.1%-14.5%-12.8%-10.9%+3.6%-6.0%-4.5%-2.9%-3.1%-2.5%+1.7%-1.3%-1.0%-0.7%-0.4%-1.5%-1.0%-2.9%
YoY Change-71.8%-64.9%-38.1%-27.9%-18.5%-9.9%-17.5%-13.7%-6.9%-5.3%-3.2%-1.3%-3.4%-3.6%-3.5%-5.8%
Range-$1.24B-$520.58M
CAGR+20.0%
Avg YoY Growth-18.5%
Median YoY Growth-8.4%
Current Streak7 quarters decline

Frequently Asked Questions

What is Zscaler's retained earnings?
Zscaler (ZS) reported retained earnings of -$1.24B in Q4 2025.
How has Zscaler's retained earnings changed year-over-year?
Zscaler's retained earnings decreased by 5.8% year-over-year, from -$1.17B to -$1.24B.
What is the long-term trend for Zscaler's retained earnings?
Over 5 years (2020 to 2025), Zscaler's retained earnings has grown at a 28.5% compound annual growth rate (CAGR), from -$339.57M to -$1.19B.
What does retained earnings mean?
The total accumulated profits the company has kept and reinvested rather than paying out as dividends.