Zscaler (ZS)
Nasdaq Market 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.
Last updated
- Market Cap
- $23,014,499,598
- P/E
- —
- P/FCF
- 23.89
- P/S
- 7.25
- Enterprise Value
- $23,732,023,598
- Sector
- Information Technology
- Industry
- IT Consulting & Other Services
- Address
- 120 HOLGER WAY, SAN JOSE, CA, 95134
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- Market Cap
Market cap is the total value of a company's shares, calculated by multiplying the stock price by the number of shares outstanding.
- $23,014,499,598
- Enterprise Value
Enterprise value is the total value of a company, including its market cap, debt, and cash.
- $23,732,023,598
- P/E
P/E ratio compares a company's share price to its earnings per share.
- —
- P/B
P/B ratio compares a company's share price to its book value per share.
- 9.72
- P/S
P/S ratio compares a company's share price to its revenue per share.
- 7.25
- EV / EBITDA
EV/EBITDA measures a company's value compared to its earnings before interest, taxes, depreciation, and amortization.
- 70.4
- EV / Sales
EV/Sales measures a company's value compared to its total revenue.
- 7.48
- EPS
- -0.48
- Dividend Yield
Dividend yield shows how much a company pays in dividends each year compared to its share price.
- 0%
- P/FCF
Price-to-free-cash-flow ratio compares a company's share price to the cash it generates after expenses and investments.
- 23.89
- P/CF
P/CF ratio compares a company's share price to the cash flow it generates from its operations.
- 20.9
- Free Cash Flow
Free cash flow is the cash a company has left after covering operating costs and capital expenses.
- $963,460,000
- ROE
ROE measures how effectively a company uses shareholders' equity to generate profit.
- -3.27%
- ROA
ROA measures how effectively a company uses its assets to generate profit.
- -1.09%
- Debt / Equity
Debt-to-equity ratio compares a company's total debt to its shareholders' equity.
- 0.72
- Current Ratio
Current ratio measures a company's ability to pay short-term debts using its short-term assets.
- 1.86
- Quick Ratio
Quick ratio measures a company's ability to pay short-term debts using cash and other easily available assets.
- 1.86
- Cash
Cash ratio measures a company's ability to cover short-term debts using only cash and cash equivalents.
- 0.39
- Avg Volume
Average volume shows the average number of shares traded over the last 30 trading days, helping indicate liquidity.
- $3,249,037
- Fundamentals Snapshot Price
Fundamentals snapshot price is the stock price used when calculating the company's financial ratios and metrics.
- 142.32
Income Statement
| Line Item | 2026 Q3 | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 |
|---|---|---|---|---|---|
| Revenue | 850.48M | 815.75M | 788.11M | 719.23M | 678.03M |
| Cost of revenue | 192.65M | 191.26M | 184.75M | 172.24M | 155.98M |
| Gross profit | 657.82M | 624.49M | 603.36M | 546.99M | 522.06M |
| Operating income | -29.64M | -51.77M | -36.36M | -32.24M | -25.41M |
| EBITDA | 71.86M | 43.84M | 53M | 168.41M | 49.34M |
| Net income | -13.88M | -34.31M | -11.62M | -17.58M | -4.13M |
| Income taxes | 11.51M | 13.01M | 3.24M | 15.68M | 8.69M |
| Interest expense | -2.7M | -4.22M | -2.13M | -2.07M | -1.97M |
| Other operating expenses | 0 | 0 | 0 | 0 | 0 |
| Total operating expenses | 687.46M | 676.26M | 639.72M | 579.23M | 547.47M |
| 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 Item | 2026 Q3 | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 |
|---|---|---|---|---|---|
| Total assets | 7.1B | 6.75B | 6.5B | 6.42B | 5.34B |
| Total liabilities | 4.73B | 4.56B | 4.52B | 4.62B | 3.53B |
| Total equity | 2.37B | 2.2B | 1.98B | 1.8B | 1.8B |
| Cash & equivalents | 982.11M | 1.2B | 1.34B | 2.39B | 1.99B |
| Current assets | 4.65B | 4.45B | 4.21B | 4.89B | 3.92B |
| Current liabilities | 2.5B | 2.34B | 2.31B | 2.43B | 3.17B |
| Accounts payable | 33.87M | 29.03M | 48.4M | 46.91M | 54.61M |
| Receivables | 730.46M | 551.82M | 530.49M | 992.18M | 615.79M |
| Goodwill | 1.09B | 1B | 994.46M | 417.73M | 417.73M |
| Long-term debt | 1.7B | 1.7B | 1.7B | 1.7B | — |
Cash Flow
| Line Item | 2026 Q3 | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 |
|---|---|---|---|---|---|
| Operating cash flow | 198.02M | 204.07M | 448.28M | 250.6M | 211.08M |
| Investing cash flow | -418.66M | -360.91M | -1.5B | -247.58M | 21.7M |
| Financing cash flow | 0 | 21.4M | 3.1M | 395.11M | -399K |
| Change in cash | -220.64M | -135.44M | -1.05B | 398.13M | 232.38M |
| Net income | -13.88M | -34.31M | -11.62M | -17.58M | -4.13M |
| Kind | Filing | Date | Link |
|---|---|---|---|
| edgar index | 4 — Zscaler, Inc. | View Filing | |
| edgar index | 144 — Zscaler, Inc. | View Filing | |
| form 4 | Form 4 — Schlossman Robert | View Filing | |
| form 4 | Form 4 — Schlossman Robert | View Filing | |
| edgar index | 4 — Zscaler, Inc. | View Filing | |
| edgar index | 144 — Zscaler, Inc. | View Filing | |
| form 4 | Form 4 — RUBIN KEVIN | View Filing | |
| form 4 | Form 4 — RUBIN KEVIN | View Filing | |
| form 4 | Form 4 — RUBIN KEVIN | View Filing | |
| form 4 | Form 4 — RUBIN KEVIN | View Filing | |
| form 4 | Form 4 — RUBIN KEVIN | View Filing | |
| edgar index | 4 — Zscaler, Inc. | View Filing | |
| edgar index | 144 — Zscaler, Inc. | View Filing | |
| form 4 | Form 4 — Geller Adam | View Filing | |
| edgar index | 4 — Zscaler, Inc. | View Filing | |
| edgar index | 4 — Zscaler, Inc. | View Filing | |
| edgar index | 4 — Zscaler, Inc. | View Filing | |
| edgar index | 4 — Zscaler, Inc. | View Filing | |
| edgar index | 4 — Zscaler, Inc. | View Filing | |
| edgar index | 4 — Zscaler, Inc. | View Filing | |
| edgar index | 144 — Zscaler, Inc. | View Filing | |
| form 4 | Form 4 — BEER JAMES A | View Filing | |
| edgar index | 144 — Zscaler, Inc. | View Filing | |
| edgar index | 144 — Zscaler, Inc. | View Filing | |
| edgar index | 144 — Zscaler, Inc. | View Filing | |
| edgar index | 144 — Zscaler, Inc. | View Filing | |
| edgar index | 144 — Zscaler, Inc. | View Filing | |
| form 4 | Form 4 — RUBIN KEVIN | View Filing | |
| form 4 | Form 4 — Rich Michael J. | View Filing | |
| form 4 | Form 4 — Schlossman Robert | View Filing | |
| form 4 | Form 4 — Schlossman Robert | View Filing | |
| form 4 | Form 4 — Geller Adam | View Filing | |
| form 4 | Form 4 — Chaudhry Jagtar Singh | View Filing | |
| form 4 | Form 4 — Chaudhry Jagtar Singh | View Filing | |
| form 4 | Form 4 — Chaudhry Jagtar Singh | View Filing | |
| form 4 | Form 4 — Chaudhry Jagtar Singh | View Filing | |
| edgar index | 8-K — Zscaler, Inc. | View Filing | |
| edgar index | 10-Q — Zscaler, Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 8-K — Zscaler, Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | SCHEDULE 13G/A — Zscaler, Inc. | View Filing | |
| edgar index | 4 — Zscaler, Inc. | View Filing | |
| edgar index | 4 — Zscaler, Inc. | View Filing | |
| edgar index | 4 — Zscaler, Inc. | View Filing | |
| edgar index | 4 — Zscaler, Inc. | View Filing | |
| edgar index | 4 — Zscaler, Inc. | View Filing | |
| edgar index | 4 — Zscaler, Inc. | View Filing | |
| edgar index | 4 — Zscaler, Inc. | View Filing | |
| edgar index | 144 — Zscaler, Inc. | View Filing | |
| edgar index | 144 — Zscaler, Inc. | View Filing | |
| form 4 | Form 4 — BEER JAMES A | View Filing | |
| form 4 | Form 4 — Geller Adam | View Filing | |
| edgar index | 144 — Zscaler, Inc. | View Filing | |
| edgar index | 144 — Zscaler, Inc. | View Filing | |
| edgar index | 144 — Zscaler, Inc. | View Filing | |
| edgar index | 144 — Zscaler, Inc. | View Filing | |
| edgar index | 144 — Zscaler, Inc. | View Filing | |
| edgar index | 144/A — Zscaler, Inc. | View Filing | |
| edgar index | 144 — Zscaler, Inc. | View Filing | |
| form 4 | Form 4 — Judge Raj | View Filing | |
| form 4 | Form 4 — Rich Michael J. | View Filing | |
| form 4 | Form 4 — Schlossman Robert | View Filing | |
| form 4 | Form 4 — Schlossman Robert | View Filing | |
| form 4 | Form 4 — RUBIN KEVIN | View Filing | |
| form 4 | Form 4 — Chaudhry Jagtar Singh | View Filing | |
| form 4 | Form 4 — Chaudhry Jagtar Singh | View Filing | |
| form 4 | Form 4 — Chaudhry Jagtar Singh | View Filing | |
| form 4 | Form 4 — Chaudhry Jagtar Singh | View Filing | |
| form 4 | Form 4 — Geller Adam | View Filing | |
| edgar index | 8-K — Zscaler, Inc. | View Filing | |
| edgar index | 10-Q — Zscaler, Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 8-K — Zscaler, Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing |
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