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Zscaler ZS Return on equity

Return on equity at other companies

Cisco Systems, Inc. logo
Cisco Systems, Inc.CSCO
25.2%+3.9pp
Fortinet logo
FortinetFTNT
132.4%
Cloudflare, Inc. logo
Cloudflare, Inc.NET
-5.9%-1.0pp
CrowdStrike Holdings, Inc. logo
CrowdStrike Holdings, Inc.CRWD
-8.6%-12.9pp
Broadcom Inc. logo
Broadcom Inc.AVGO
37.3%+18.8pp
Akamai Technologies logo
Akamai TechnologiesAKAM
9.2%-0.7pp

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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Market cap$20.11B-35.4%
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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Debt / equity0.7×+0.1×
Current ratio1.9×+0.6×

Where this comes from

Calculated from Zscaler’s reported figures.

Based on trailing twelve months.

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 return on equity?
Zscaler (ZS) reported return on equity of -3.7% in Q1 2026.
How has Zscaler's return on equity changed year-over-year?
Zscaler's return on equity decreased by 38.6% year-over-year, from -2.7% to -3.7%.
What is the long-term trend for Zscaler's return on equity?
Over 4 years (2021 to 2025), Zscaler's return on equity has grown at a -52.4% compound annual growth rate (CAGR), from -191% to -9.8%.
What does return on equity mean?
How much profit the company earns on the money shareholders have invested.
How do you interpret return on equity?
Higher is better, but very high ROE can be manufactured by leverage — a thin equity base inflates the ratio. Read it next to debt-to-equity and ROIC to tell genuine returns from balance-sheet engineering.
How does return on equity compare across companies?
Comparable across peers, with the leverage caveat. Negative or near-zero equity makes ROE meaningless, so it is suppressed there.