stockrowZscaler, Inc.
ZS Technology Software Infrastructure
Zscaler, Inc.’s revenue for fiscal 2026 (year ended July 2026) was $3.4 billion, up 25.4% from fiscal 2025.
- Revenue
- +24.9%
- EPS
- +81.8%
- Free cash flow
- −64.7%
- Total debt
- −0.26%
Quarter to July 2026, against a year earlier
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Zscaler, Inc. (ZS) Debt to equity
Zscaler, Inc.'s debt to equity at the end of the quarter to 31 July 2026 was 0.7×. Over the past ten years it has ranged from 0.0× (fiscal 2019) to 1.8× (fiscal 2020); the current reading is higher than 50% of that period. That is above the Software Infrastructure industry median of 0.0× and above the Technology sector median of 0.0×.
Debt to equity, annual
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Annual newest first
| Period | Debt to equity | Change |
|---|---|---|
| FY2026 | 0.7× | (30.92%) |
| FY2025 | 0.9× | 5.43% |
| FY2024 | 0.9× | (44.35%) |
| FY2023 | 1.6× | (7.15%) |
| FY2022 | 1.7× | (1.71%) |
| FY2021 | 1.8× | (2.49%) |
| FY2020 | 1.8× | — |
| FY2019 | 0.0× | — |
| FY2018 | 0.0× | — |
| FY2017 | 0.0× | — |
Quarterly newest first
| Period | Debt to equity | Change |
|---|---|---|
| Jul 2026 | 0.7× | (9.09%) |
| Apr 2026 | 0.7× | (7.38%) |
| Jan 2026 | 0.8× | (9.57%) |
| Oct 2025 | 0.9× | (9.28%) |
| 35 more quarters | Free account |
Against its own ten years
Debt to equity against peers
| Company | Debt to equity |
|---|---|
| VRSN VeriSign, Inc. compare | −0.8× |
| OKTA Okta, Inc. compare | 0.0× |
| TWLO Twilio Inc. compare | 0.1× |
| XYZ Block, Inc. compare | 0.3× |
| ZS Zscaler, Inc. | 0.7× |
| NBIS Nebius Group N.V. compare | 0.8× |
| NTAP NetApp, Inc. compare | 1.7× |
| CPAY Corpay, Inc. compare | 1.7× |
| CRWV CoreWeave Inc. compare | 7.0× |
| Software Infrastructure industry median | 0.0× |
| Technology sector median | 0.0× |
| Market median | 0.2× |
What Debt to equity is
Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.
(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)
More on ZS
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement