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Zscaler ZS Market capitalization

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Other financials

Income statement

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Revenue$850.5M+25.4%
Gross profit$657.8M+26.0%
Operating income-$29.6M-16.6%
Net income-$13.9M-237%
EPS (diluted)-$0.09-200%

Balance sheet

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Cash & equivalents$982.1M-50.7%
Total debt$1.7B+40.9%
Total equity$2.4B+31.1%
Total assets$7.1B+32.9%

Cash flow

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Operating cash flow$198.0M-6.2%
CapEx$42.4M-41.2%
Free cash flow$155.6M+12.0%

Valuation

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Enterprise value$20.86B-31.5%
P/S6.3×-5.9×

Profitability

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Gross margin76.7%-0.7pp
Operating margin-4.7%-0.1pp
Net margin-2.4%+3.7pp

Returns & leverage

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Return on equity-3.7%+2.3pp
Debt / equity0.7×+0.1×
Current ratio1.9×+0.6×

Where this comes from

Computed from the period-end share price: $21.01B.

The official record: Zscaler’s 10-Q, filed May 26, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Zscaler's market capitalization?
Zscaler (ZS) reported market capitalization of $21.01B in Q1 2026.
How has Zscaler's market capitalization changed year-over-year?
Zscaler's market capitalization decreased by 35.4% year-over-year, from $32.51B to $21.01B.
What is the long-term trend for Zscaler's market capitalization?
Over 4 years (2021 to 2025), Zscaler's market capitalization has grown at a 6.2% compound annual growth rate (CAGR), from $106.32B to $135.45B.
What does market capitalization mean?
What the stock market says the company's equity is worth.
How do you interpret market capitalization?
A size and market-sentiment gauge, not a quality measure — interpret through valuation ratios (P/E, P/S) that relate it to fundamentals.
How does market capitalization compare across companies?
Comparable across companies as a size class; the input to every equity-price valuation multiple.