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
Follow ZS
Alert me
Zscaler, Inc. (ZS) P/S ratio
As of 3 November 2026, Zscaler, Inc. (ZS) trades at a P/S ratio of 10.8×. Over the past ten years it has ranged from 0.0× (April 2018) to 67.5× (November 2021); the current reading is higher than 10% of that period. That is above the Software Infrastructure industry median of 2.9× and above the Technology sector median of 2.8×.
P/S ratio, daily
Embed this chart
Annual newest first
| Period | P/S ratio | Change |
|---|---|---|
| FY2026 | 7.2× | (56.19%) |
| FY2025 | 16.5× | 33.28% |
| FY2024 | 12.4× | (13.91%) |
| FY2023 | 14.4× | (27.48%) |
| FY2022 | 19.8× | (58.85%) |
| FY2021 | 48.2× | 23.72% |
| FY2020 | 38.9× | 13.24% |
| FY2019 | 34.4× | 189.90% |
| FY2018 | 11.9× | — |
| FY2017 | 0.0× | — |
Quarterly newest first
| Period | P/S ratio | Change |
|---|---|---|
| Jul 2026 | 7.2× | 9.17% |
| Apr 2026 | 6.6× | (37.99%) |
| Jan 2026 | 10.7× | (42.41%) |
| Oct 2025 | 18.5× | 12.38% |
| 33 more quarters | Free account |
Against its own ten years
P/S ratio against peers
| Company | P/S ratio |
|---|---|
| XYZ Block, Inc. compare | 1.8× |
| CRWV CoreWeave Inc. compare | 3.9× |
| NTAP NetApp, Inc. compare | 5.1× |
| CPAY Corpay, Inc. compare | 5.3× |
| TWLO Twilio Inc. compare | 5.7× |
| OKTA Okta, Inc. compare | 10.6× |
| ZS Zscaler, Inc. | 10.8× |
| VRSN VeriSign, Inc. compare | 16.3× |
| NBIS Nebius Group N.V. compare | 31.3× |
| Software Infrastructure industry median | 2.9× |
| Technology sector median | 2.8× |
| Market median | 1.9× |
What P/S ratio is
Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.
(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)
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/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