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Tuesday 3 November 2026 Export ZS’s income statement to Excel — free account

Zscaler, 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

226.28 2.49 +1.11%
Market cap
$36.5B
P/E
0.0×
Fwd P/E
8,874×
Dividend yield
—
F-score
3/9
Altman Z
3.22
Beneish M
−2.70
Dividend safety
n/a
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Zscaler, Inc. (ZS) EV/EBITDA

Alert me on EV/EBITDA

As of 3 November 2026, Zscaler, Inc. (ZS) trades at a EV/EBITDA of 132×. Over the past ten years it has ranged from 0.0× (April 2024) to 475× (July 2024); the current reading is higher than 79% of that period. That is above the Software Infrastructure industry median of 15.0× and above the Technology sector median of 15.3×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2026 87.2× (67.16%)
FY2025 266× (7.00%)
FY2024 286× —
FY2023 0.0× —
FY2022 0.0× —
FY2021 0.0× —
FY2020 0.0× —
FY2019 0.0× —
FY2018 0.0× —
FY2017 0.0× —

Quarterly newest first

Period EV/EBITDA Change
Jul 2026 87.2× (4.25%)
Apr 2026 91.1× (42.09%)
Jan 2026 157× (44.61%)
Oct 2025 284× 6.92%
33 more quarters

Against its own ten years

Low 0.0× High 475×
Ten-year median 0.0×
Current reading's percentile 79

EV/EBITDA against peers

Company EV/EBITDA
CPAY Corpay, Inc. compare 8.5×
CRWV CoreWeave Inc. compare 15.0×
NTAP NetApp, Inc. compare 17.9×
VRSN VeriSign, Inc. compare 25.3×
TWLO Twilio Inc. compare 52.4×
OKTA Okta, Inc. compare 62.6×
XYZ Block, Inc. compare 130×
ZS Zscaler, Inc. 132×
NBIS Nebius Group N.V. compare 303×
Software Infrastructure industry median 15.0×
Technology sector median 15.3×
Market median 11.2×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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