Zscaler (ZS)

NasdaqMarket Closed

Zscaler, Inc. is a cloud security company that provides software-as-a-service cybersecurity tools for businesses, public-sector organisations, and other large institutions. The company is best known for its zero trust exchange, a cloud-native platform designed to sit between users, devices, applications, and the internet so that access decisions can be enforced without relying on traditional network perimeter hardware.

Its product portfolio is centred on two major access categories. Zscaler Internet Access helps organisations secure employee connections to the open internet and external cloud applications, replacing or reducing reliance on legacy secure web gateways, firewalls, and VPN-based architectures. Zscaler Private Access is built to provide controlled access to private applications, whether those applications are hosted in data centres or public clouds, without exposing them directly to the internet.

The company’s services are delivered from a globally distributed cloud platform, which allows customers to apply security policies close to users and workloads regardless of location. This makes Zscaler particularly relevant to enterprises managing remote workforces, cloud migration, software-as-a-service adoption, and increasingly complex compliance requirements.

Headquartered in San Jose, California, Zscaler went public in 2018 and trades under the ticker ZS. Its business model is subscription based, with revenue tied to recurring use of its security platform. The company competes in the fast-growing secure access service edge and zero trust security markets, where demand is driven by the shift away from corporate network perimeters toward identity- and policy-based protection.

183.60USD
−4.58(-2.43%)

Last updated

Market Cap
$26,394,228,671
P/E
P/FCF
27.4
P/S
8.32
Enterprise Value
$27,111,752,671
Sector
Information Technology
Industry
IT Consulting & Other Services
Address
120 HOLGER WAY, SAN JOSE, CA, 95134
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Market Cap
$26,394,228,671
Enterprise Value
$27,111,752,671
P/E
P/B
11.15
P/S
8.32
EV / EBITDA
80.42
EV / Sales
8.54
EPS
-0.48
Dividend Yield
0%
P/FCF
27.4
P/CF
23.97
Free Cash Flow
$963,460,000
ROE
-3.27%
ROA
-1.09%
Debt / Equity
0.72
Current Ratio
1.86
Quick Ratio
1.86
Cash
0.39
Avg Volume
$2,521,508
Fundamentals Snapshot Price
163.22

Income Statement

Line Item2026 Q32026 Q22026 Q12025 Q42025 Q3
Revenue850.48M815.75M788.11M719.23M678.03M
Cost of revenue192.65M191.26M184.75M172.24M155.98M
Gross profit657.82M624.49M603.36M546.99M522.06M
Operating income-29.64M-51.77M-36.36M-32.24M-25.41M
EBITDA71.86M43.84M53M168.41M49.34M
Net income-13.88M-34.31M-11.62M-17.58M-4.13M
Income taxes11.51M13.01M3.24M15.68M8.69M
Interest expense-2.7M-4.22M-2.13M-2.07M-1.97M
Other operating expenses00000
Total operating expenses687.46M676.26M639.72M579.23M547.47M
Basic EPS-0.09-0.21-0.07-0.11-0.03
Diluted EPS-0.09-0.21-0.07-0.11-0.03

Balance Sheet

Line Item2026 Q32026 Q22026 Q12025 Q42025 Q3
Total assets7.1B6.75B6.5B6.42B5.34B
Total liabilities4.73B4.56B4.52B4.62B3.53B
Total equity2.37B2.2B1.98B1.8B1.8B
Cash & equivalents982.11M1.2B1.34B2.39B1.99B
Current assets4.65B4.45B4.21B4.89B3.92B
Current liabilities2.5B2.34B2.31B2.43B3.17B
Accounts payable33.87M29.03M48.4M46.91M54.61M
Receivables730.46M551.82M530.49M992.18M615.79M
Inventories00000
Goodwill1.09B1B994.46M417.73M417.73M
Long-term debt1.7B1.7B1.7B1.7B0

Cash Flow

Line Item2026 Q32026 Q22026 Q12025 Q42025 Q3
Operating cash flow198.02M204.07M448.28M250.6M211.08M
Investing cash flow-418.66M-360.91M-1.5B-247.58M21.7M
Financing cash flow021.4M3.1M395.11M-399K
Change in cash-220.64M-135.44M-1.05B398.13M232.38M
Net income-13.88M-34.31M-11.62M-17.58M-4.13M
KindFilingDateLink
edgar indexSCHEDULE 13G — Zscaler, Inc.View Filing
edgar index4 — Zscaler, Inc.View Filing
form 4Form 4 — RUBIN KEVINView Filing
form 4Form 4 — RUBIN KEVINView Filing
form 4Form 4 — RUBIN KEVINView Filing
form 4Form 4 — RUBIN KEVINView Filing
form 4Form 4 — RUBIN KEVINView Filing
edgar index4 — Zscaler, Inc.View Filing
edgar index144 — Zscaler, Inc.View Filing
form 4Form 4 — Schlossman RobertView Filing
form 4Form 4 — Schlossman RobertView Filing
edgar index4 — Zscaler, Inc.View Filing
edgar index144 — Zscaler, Inc.View Filing
form 4Form 4 — RUBIN KEVINView Filing
form 4Form 4 — RUBIN KEVINView Filing
form 4Form 4 — RUBIN KEVINView Filing
form 4Form 4 — RUBIN KEVINView Filing
form 4Form 4 — RUBIN KEVINView Filing
edgar index4 — Zscaler, Inc.View Filing
edgar index144 — Zscaler, Inc.View Filing
form 4Form 4 — Geller AdamView Filing
edgar index4 — Zscaler, Inc.View Filing
edgar index4 — Zscaler, Inc.View Filing
edgar index4 — Zscaler, Inc.View Filing
edgar index4 — Zscaler, Inc.View Filing
edgar index4 — Zscaler, Inc.View Filing
edgar index4 — Zscaler, Inc.View Filing
edgar index144 — Zscaler, Inc.View Filing
form 4Form 4 — BEER JAMES AView Filing
edgar index144 — Zscaler, Inc.View Filing
edgar index144 — Zscaler, Inc.View Filing
edgar index144 — Zscaler, Inc.View Filing
edgar index144 — Zscaler, Inc.View Filing
edgar index144 — Zscaler, Inc.View Filing
form 4Form 4 — RUBIN KEVINView Filing
form 4Form 4 — Rich Michael J.View Filing
form 4Form 4 — Schlossman RobertView Filing
form 4Form 4 — Schlossman RobertView Filing
form 4Form 4 — Geller AdamView Filing
form 4Form 4 — Chaudhry Jagtar SinghView Filing
form 4Form 4 — Chaudhry Jagtar SinghView Filing
form 4Form 4 — Chaudhry Jagtar SinghView Filing
form 4Form 4 — Chaudhry Jagtar SinghView Filing
edgar index8-K — Zscaler, Inc.View Filing
edgar index10-Q — Zscaler, Inc.View Filing
eight k text8-K — 8-KView Filing
edgar index8-K — Zscaler, Inc.View Filing
eight k text8-K — 8-KView Filing
edgar indexSCHEDULE 13G/A — Zscaler, Inc.View Filing
edgar index4 — Zscaler, Inc.View Filing
edgar index4 — Zscaler, Inc.View Filing
edgar index4 — Zscaler, Inc.View Filing
edgar index4 — Zscaler, Inc.View Filing
edgar index4 — Zscaler, Inc.View Filing
edgar index4 — Zscaler, Inc.View Filing
edgar index4 — Zscaler, Inc.View Filing
edgar index144 — Zscaler, Inc.View Filing
edgar index144 — Zscaler, Inc.View Filing
form 4Form 4 — BEER JAMES AView Filing
form 4Form 4 — Geller AdamView Filing
edgar index144 — Zscaler, Inc.View Filing
edgar index144 — Zscaler, Inc.View Filing
edgar index144 — Zscaler, Inc.View Filing
edgar index144 — Zscaler, Inc.View Filing
edgar index144 — Zscaler, Inc.View Filing
edgar index144/A — Zscaler, Inc.View Filing
edgar index144 — Zscaler, Inc.View Filing
form 4Form 4 — Judge RajView Filing
form 4Form 4 — Rich Michael J.View Filing
form 4Form 4 — Schlossman RobertView Filing
form 4Form 4 — Schlossman RobertView Filing
form 4Form 4 — RUBIN KEVINView Filing
form 4Form 4 — Chaudhry Jagtar SinghView Filing
form 4Form 4 — Chaudhry Jagtar SinghView Filing
form 4Form 4 — Chaudhry Jagtar SinghView Filing