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) Free cash flow margin
Zscaler, Inc.'s free cash flow margin over the twelve months to 31 July 2026 was 23.2%. Over the past ten years it has ranged from −22.6% (fiscal 2016) to 27.2% (fiscal 2025); the current reading is higher than 83% of that period. That is above the Software Infrastructure industry median of 0.00% and above the Technology sector median of 1.27%.
Free cash flow margin, annual
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Annual newest first
| Period | Free cash flow margin | Change (points) |
|---|---|---|
| FY2026 | 23.2% | (3.95) |
| FY2025 | 27.2% | 0.21 |
| FY2024 | 27.0% | 6.35 |
| FY2023 | 20.6% | (0.57) |
| FY2022 | 21.2% | (0.16) |
| FY2021 | 21.4% | 14.98 |
| FY2020 | 6.38% | (2.82) |
| FY2019 | 9.20% | 8.08 |
| FY2018 | 1.12% | 12.41 |
| FY2017 | −11.3% | 11.32 |
Against its own ten years
Free cash flow margin against peers
| Company | Free cash flow margin |
|---|---|
| VRSN VeriSign, Inc. compare | 59.1% |
| CPAY Corpay, Inc. compare | 32.6% |
| OKTA Okta, Inc. compare | 31.2% |
| ZS Zscaler, Inc. | 23.2% |
| NTAP NetApp, Inc. compare | 22.3% |
| TWLO Twilio Inc. compare | 19.2% |
| XYZ Block, Inc. compare | 13.5% |
| CRWV CoreWeave Inc. compare | −179.9% |
| NBIS Nebius Group N.V. compare | −433.8% |
| Software Infrastructure industry median | 0.00% |
| Technology sector median | 1.27% |
| Market median | 0.00% |
What Free cash flow margin is
Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.
(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue
More on ZS
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net 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
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement