The Tip Desk

Zscaler, Inc.

Company Stats

Market Cap
$32.5B
as of Sep 30, 2026
Shares Outstanding
163.1M
Free Float
81.6%

Income Statement

Revenue
$3.4B
Operating Income
-$133.3M
Net Income
-$63.2M
EBITDA
$15.3M
Revenue Growth, 3Y
27.5%
FCF Margin, 3Y Avg
28.3%
FCF Margin, Worst Year
25.4%

Cash Flow

Free Cash Flow
$852.4M
FCF Yield
2.6%
Owner FCF Yield
0.1%

Balance Sheet

Cash & Equivalents
$928.4M

Returns & Capital

SBC, 3Y Avg
$670.3M

Cash Flow by Year

YearRevenueFCFMargin
FY2026$3.4B$852.4M25.4%
FY2025$2.7B$808.2M30.2%
FY2024$2.2B$635.3M29.3%
FY2023$1.6B$365.1M22.6%
FY2022$1.1B$252.6M23.2%

Annual filing data through FY ended July 31, 2026; shares and float as of November 3, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage