What is Zscaler's operating cash flow?

Zscaler (ZS) reported operating cash flow of $198.02M in Q1 2026.

How has Zscaler's operating cash flow changed year-over-year?

Zscaler's operating cash flow decreased by 6.2% year-over-year, from $211.08M to $198.02M.

What is the long-term trend for Zscaler's operating cash flow?

Over 4 years (2021 to 2025), Zscaler's operating cash flow has grown at a 48.1% compound annual growth rate (CAGR), from $202.04M to $972.45M.

What does operating cash flow mean?

Total cash generated by or used in core business operations — the single most important cash flow metric for assessing business health.

Zscaler ZS Operating Cash Flow

Operating Cash Flow at other companies

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$38M-68.6%

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$73.62M+4.9%

HES

Hess MidstreamHESM

$253.3M+25.1%

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$77M+5.5%

Main Street CapitalMAIN

-$138.54M-579%

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$82.03M+81.3%

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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CapEx$42.4M-41.2%

Free cash flow$155.6M+12.0%

Valuation

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Market cap$20.02B-57.6%

Enterprise value$20.77B-55.2%

P/S6.3×-12.2×

Profitability

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Gross margin76.7%-0.7pp

Operating margin-4.7%-0.1pp

Net margin-2.4%+3.7pp

FCF margin30.4%+0.1pp

Returns & leverage

See full

Return on equity-3.7%+2.3pp

Debt / equity0.7×+0.1×

Current ratio1.9×+0.6×

Where this comes from

Reported directly by Zscaler in its filing.

Tagged under the XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities.

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 operating cash flow?: Zscaler (ZS) reported operating cash flow of $198.02M in Q1 2026.
How has Zscaler's operating cash flow changed year-over-year?: Zscaler's operating cash flow decreased by 6.2% year-over-year, from $211.08M to $198.02M.
What is the long-term trend for Zscaler's operating cash flow?: Over 4 years (2021 to 2025), Zscaler's operating cash flow has grown at a 48.1% compound annual growth rate (CAGR), from $202.04M to $972.45M.
What does operating cash flow mean?: Total cash generated by or used in core business operations — the single most important cash flow metric for assessing business health.