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
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Zscaler, Inc. (ZS) Free cash flow
Zscaler, Inc.'s free cash flow for fiscal 2026 was $779.1M, up 7.22% from $726.7M in fiscal 2025. Over the past ten years it has ranged from −$18.2M (fiscal 2016) to $779.1M (fiscal 2026) — the current reading is the highest in ten years. Free cash flow has risen for 6 consecutive fiscal years. Zscaler, Inc. ranks 21st of 172 Software Infrastructure companies by free cash flow.
Free cash flow, annual
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Annual newest first
| Period | Free cash flow | Change |
|---|---|---|
| FY2026 | $779.1M | 7.22% |
| FY2025 | $726.7M | 24.23% |
| FY2024 | $585.0M | 75.33% |
| FY2023 | $333.6M | 44.22% |
| FY2022 | $231.3M | 60.93% |
| FY2021 | $143.7M | 422.55% |
| FY2020 | $27.5M | (1.28%) |
| FY2019 | $27.9M | 1,203.93% |
| FY2018 | $2.1M | — |
| FY2017 | −$14.2M | — |
Quarterly newest first
| Period | Free cash flow | Change |
|---|---|---|
| Jul 2026 | $60.8M | (55.31%) |
| Apr 2026 | $136.0M | (19.62%) |
| Jan 2026 | $169.1M | (59.08%) |
| Oct 2025 | $413.3M | 140.40% |
| 36 more quarters | Free account |
Against its own ten years
Free cash flow against peers
| Company | Free cash flow |
|---|---|
| XYZ Block, Inc. compare | $3.5B |
| NTAP NetApp, Inc. compare | $1.7B |
| CPAY Corpay, Inc. compare | $1.6B |
| TWLO Twilio Inc. compare | $1.1B |
| VRSN VeriSign, Inc. compare | $1.0B |
| OKTA Okta, Inc. compare | $958.0M |
| ZS Zscaler, Inc. | $779.1M |
| NBIS Nebius Group N.V. compare | −$5.9B |
| CRWV CoreWeave Inc. compare | −$13.7B |
What Free cash flow is
Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.
Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)
More on ZS
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- 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
- 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