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Zscaler, Inc. ZS Free cash flow

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Other financials

Income statement

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Revenue$898.2M+24.9%
Gross profit$689.2M+26.0%
Operating income-$15.5M+52.0%
Net income-$3.4M+80.8%
EPS (diluted)-$0.02+81.8%

Balance sheet

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Cash & equivalents$928.4M-61.1%
Total debt$159.5M-91.1%
Total equity$2.6B+44.4%
Total assets$7.9B+22.5%

Cash flow

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Operating cash flow$279.3M+11.4%
CapEx$199.8M+233%

Valuation

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Market cap$35.35B-29.2%
Enterprise value$34.58B-29.8%
P/S10.5×-8.1×

Profitability

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Gross margin76.8%-0.1pp
Operating margin-4%-0.6pp
Net margin-1.9%+0.5pp
FCF margin25.4%-4.8pp

Returns & leverage

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Return on equity-2.9%+0.2pp
Debt / equity0.1×-0.9×
Current ratio1.7×-0.3×

Where this comes from

Calculated from Zscaler, Inc.’s reported figures.

The source filing: Zscaler, Inc.’s 10-K, filed September 3, 2026. Open the filing →

Filed
Sep 3, 2026, 4:22 PM EDT
Fiscal year
FY2026
Accession
0001713683-26-000157

FAQ

What is Zscaler, Inc.'s free cash flow?
Zscaler, Inc. (ZS) reported free cash flow of $79.45M in Q2 2026.
How has Zscaler, Inc.'s free cash flow changed year-over-year?
Zscaler, Inc.'s free cash flow decreased by 58.3% year-over-year, from $190.56M to $79.45M.
What is the long-term trend for Zscaler, Inc.'s free cash flow?
Over 4 years (2022 to 2026), Zscaler, Inc.'s free cash flow has grown at a 35.5% compound annual growth rate (CAGR), from $252.62M to $852.35M.
What does free cash flow mean?
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and maintain or expand its capital asset base. It serves as a critical indicator of a company's ability to fund organic growth, pay down debt, or return capital to shareholders without relying on external financing.

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