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.

169.80USD
−8.00(-4.50%)

Last updated

Market Cap
$27,686,687,720
P/E
P/FCF
32.48
P/S
8.26
Enterprise Value
$28,454,688,720
Sector
Information Technology
Industry
IT Consulting & Other Services
Address
120 HOLGER WAY, SAN JOSE, CA, 95134
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Market Cap
$27,686,687,720
Enterprise Value
$28,454,688,720
P/E
P/B
10.66
P/S
8.26
EV / EBITDA
484.38
EV / Sales
8.49
EPS
-0.39
Dividend Yield
0%
P/FCF
32.48
P/CF
24.51
Free Cash Flow
$852,350,000
ROE
-2.43%
ROA
-0.8%
Debt / Equity
0.65
Current Ratio
1.7
Quick Ratio
1.7
Cash
0.31
Avg Volume
$2,684,410
Fundamentals Snapshot Price
169.8

Income Statement

Line Item2026 Q42026 Q32026 Q22026 Q12025 Q4
Revenue898.19M850.48M815.75M788.11M719.23M
Cost of revenue208.96M192.65M191.26M184.75M172.24M
Gross profit689.22M657.82M624.49M603.36M546.99M
Operating income-15.49M-29.64M-51.77M-36.36M-32.24M
EBITDA-109.95M71.86M43.84M53M-119.4M
Net income-3.37M-13.88M-34.31M-11.62M-17.58M
Income taxes18.27M11.51M13.01M3.24M15.68M
Interest expense-2.75M-2.7M-4.22M-2.13M-2.07M
Other operating expenses00000
Total operating expenses704.71M687.46M676.26M639.72M579.23M
Basic EPS-0.02-0.09-0.21-0.07-0.11
Diluted EPS-0.02-0.09-0.21-0.07-0.11

Balance Sheet

Line Item2026 Q42026 Q32026 Q22026 Q12025 Q4
Total assets7.87B7.1B6.75B6.5B6.42B
Total liabilities5.27B4.73B4.56B4.52B4.62B
Total equity2.6B2.37B2.2B1.98B1.8B
Cash & equivalents928.35M982.11M1.2B1.34B2.39B
Current assets5.03B4.65B4.45B4.21B4.89B
Current liabilities2.96B2.5B2.34B2.31B2.43B
Accounts payable47.97M33.87M29.03M48.4M46.91M
Receivables1.15B730.46M551.82M530.49M992.18M
Inventories00000
Goodwill1.22B1.09B1B994.46M417.73M
Long-term debt1.7B1.7B1.7B1.7B1.7B

Cash Flow

Line Item2026 Q42026 Q32026 Q22026 Q12025 Q4
Operating cash flow279.29M198.02M204.07M448.28M250.6M
Investing cash flow-370.95M-418.66M-360.91M-1.5B-247.58M
Financing cash flow37.91M021.4M3.1M395.11M
Change in cash-53.76M-220.64M-135.44M-1.05B398.13M
Net income-3.37M-13.88M-34.31M-11.62M-17.58M
KindFilingDateLink
edgar index8-K — Zscaler, Inc.View Filing
edgar index10-K — Zscaler, Inc.View Filing
edgar indexS-8 — Zscaler, Inc.View Filing
eight k text8-K — 8-KView Filing
ten k section10-K — businessView Filing
ten k section10-K — mdaView Filing
ten k section10-K — risk_factorsView 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 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