The Filings Report

Zscaler, Inc. Common Stock

ZSNasdaqCIK 1713683Technology / IT Servicesfiscal year ends July38 quarters since 2017

Revenue, Q4 FY2026
$898M
+24.9% on Q4 FY2025
Net income
−$3M
+80.8% on Q4 FY2025
Free cash flow
$79M
−58.3% on Q4 FY2025
Diluted EPS
—
not filed for a derived quarter
Revenue, TTM
$3.4B
trailing four quarters
Net margin, TTM
-1.9%
net income −$63M
Free cash flow, TTM
$852M
$1.1B less $277M capex
Cash and equivalents
$928M
long-term debt —, Jul 31, 2026
Shares, 12-month change
+3.0%
163M shares, Jul 31, 2026
Buybacks, TTM
—
no yield
Dividends, TTM
—
no yield
Market value
$38.8B
at the close, buybacks

Latest quarter Q4 FY2026, filed September 3, 2026. Trailing figures sum the latest four quarters. Market values at the latest close, from a market data vendor.

In Q4 FY2026, the quarter ended July 31, 2026, Zscaler, Inc. Common Stock reported revenue of $898M, +24.9% on Q4 FY2025, and net loss of $3M (+80.8%). Operating margin was −1.7%. Free cash flow, operating cash flow less capital expenditures, was $79M ($279M less $200M). The income statement for this quarter is derived from the annual filing, so no per-share figure is shown; per-share values are never computed by subtraction.

The last 16 quarters

Q1 FY2023 to Q4 FY2026, through the filing of September 3, 2026.

Revenue and net incomeRevenueNet income
−$250M$0$250M$500M$750M$1.0BQ1'23, Revenue: $356MQ1'23, Net income: −$68MQ1'23Q2'23, Revenue: $388MQ2'23, Net income: −$57MQ2'23Q3'23, Revenue: $419MQ3'23, Net income: −$46MQ3'23Q4'23, Revenue: $455MQ4'23, Net income: −$31MQ4'23Q1'24, Revenue: $497MQ1'24, Net income: −$33MQ1'24Q2'24, Revenue: $525MQ2'24, Net income: −$28MQ2'24Q3'24, Revenue: $553MQ3'24, Net income: $19MQ3'24Q4'24, Revenue: $593MQ4'24, Net income: −$15MQ4'24Q1'25, Revenue: $628MQ1'25, Net income: −$12MQ1'25Q2'25, Revenue: $648MQ2'25, Net income: −$8MQ2'25Q3'25, Revenue: $678MQ3'25, Net income: −$4MQ3'25Q4'25, Revenue: $719MQ4'25, Net income: −$18MQ4'25Q1'26, Revenue: $788MQ1'26, Net income: −$12MQ1'26Q2'26, Revenue: $816MQ2'26, Net income: −$34MQ2'26Q3'26, Revenue: $850MQ3'26, Net income: −$14MQ3'26Q4'26, Revenue: $898MQ4'26, Net income: −$3MQ4'26−$250M$0$250M$500M$750M$1.0BQ1'23, Revenue: $356MQ1'23, Net income: −$68MQ2'23, Revenue: $388MQ2'23, Net income: −$57MQ2'23Q3'23, Revenue: $419MQ3'23, Net income: −$46MQ4'23, Revenue: $455MQ4'23, Net income: −$31MQ4'23Q1'24, Revenue: $497MQ1'24, Net income: −$33MQ2'24, Revenue: $525MQ2'24, Net income: −$28MQ2'24Q3'24, Revenue: $553MQ3'24, Net income: $19MQ4'24, Revenue: $593MQ4'24, Net income: −$15MQ4'24Q1'25, Revenue: $628MQ1'25, Net income: −$12MQ2'25, Revenue: $648MQ2'25, Net income: −$8MQ2'25Q3'25, Revenue: $678MQ3'25, Net income: −$4MQ4'25, Revenue: $719MQ4'25, Net income: −$18MQ4'25Q1'26, Revenue: $788MQ1'26, Net income: −$12MQ2'26, Revenue: $816MQ2'26, Net income: −$34MQ2'26Q3'26, Revenue: $850MQ3'26, Net income: −$14MQ4'26, Revenue: $898MQ4'26, Net income: −$3MQ4'26

Net income losses drawn in red.

Free cash flow
$0$200M$400M$600MQ1'23, Free cash flow: $103MQ1'23Q2'23, Free cash flow: $71MQ2'23Q3'23, Free cash flow: $82MQ3'23Q4'23, Free cash flow: $109MQ4'23Q1'24, Free cash flow: $232MQ1'24Q2'24, Free cash flow: $111MQ2'24Q3'24, Free cash flow: $138MQ3'24Q4'24, Free cash flow: $154MQ4'24Q1'25, Free cash flow: $314MQ1'25Q2'25, Free cash flow: $164MQ2'25Q3'25, Free cash flow: $139MQ3'25Q4'25, Free cash flow: $191MQ4'25Q1'26, Free cash flow: $431MQ1'26Q2'26, Free cash flow: $186MQ2'26Q3'26, Free cash flow: $156MQ3'26Q4'26, Free cash flow: $79MQ4'26$0$200M$400M$600MQ1'23, Free cash flow: $103MQ2'23, Free cash flow: $71MQ2'23Q3'23, Free cash flow: $82MQ4'23, Free cash flow: $109MQ4'23Q1'24, Free cash flow: $232MQ2'24, Free cash flow: $111MQ2'24Q3'24, Free cash flow: $138MQ4'24, Free cash flow: $154MQ4'24Q1'25, Free cash flow: $314MQ2'25, Free cash flow: $164MQ2'25Q3'25, Free cash flow: $139MQ4'25, Free cash flow: $191MQ4'25Q1'26, Free cash flow: $431MQ2'26, Free cash flow: $186MQ2'26Q3'26, Free cash flow: $156MQ4'26, Free cash flow: $79MQ4'26

Operating cash flow less capital expenditures; negative quarters in red.

Cash and equivalents against long-term debtCash and equivalentsLong-term debt
$0$1B$2B$3BQ1'23, Cash and equivalents: $1.1BQ1'23, Long-term debt: $1.1BQ1'23Q2'23, Cash and equivalents: $1.3BQ2'23, Long-term debt: $1.1BQ2'23Q3'23, Cash and equivalents: $1.3BQ3'23, Long-term debt: $1.1BQ3'23Q4'23, Cash and equivalents: $1.3BQ4'23, Long-term debt: $1.1BQ4'23Q1'24, Cash and equivalents: $1.4BQ1'24, Long-term debt: $1.1BQ1'24Q2'24, Cash and equivalents: $1.4BQ2'24, Long-term debt: $1.1BQ2'24Q3'24, Cash and equivalents: $1.3BQ3'24, Long-term debt: $1.1BQ3'24Q4'24, Cash and equivalents: $1.4BQ4'24, Long-term debt: $1.1BQ4'24Q1'25, Cash and equivalents: $1.6BQ1'25, Long-term debt: $1.1BQ1'25Q2'25, Cash and equivalents: $1.8BQ2'25, Long-term debt: $1.1BQ2'25Q3'25, Cash and equivalents: $2.0BQ3'25, Long-term debt: $1.1BQ3'25Q4'25, Cash and equivalents: $2.4BQ4'25Q1'26, Cash and equivalents: $1.3BQ1'26Q2'26, Cash and equivalents: $1.2BQ2'26Q3'26, Cash and equivalents: $982MQ3'26Q4'26, Cash and equivalents: $928MQ4'26$0$1B$2B$3BQ1'23, Cash and equivalents: $1.1BQ1'23, Long-term debt: $1.1BQ2'23, Cash and equivalents: $1.3BQ2'23, Long-term debt: $1.1BQ2'23Q3'23, Cash and equivalents: $1.3BQ3'23, Long-term debt: $1.1BQ4'23, Cash and equivalents: $1.3BQ4'23, Long-term debt: $1.1BQ4'23Q1'24, Cash and equivalents: $1.4BQ1'24, Long-term debt: $1.1BQ2'24, Cash and equivalents: $1.4BQ2'24, Long-term debt: $1.1BQ2'24Q3'24, Cash and equivalents: $1.3BQ3'24, Long-term debt: $1.1BQ4'24, Cash and equivalents: $1.4BQ4'24, Long-term debt: $1.1BQ4'24Q1'25, Cash and equivalents: $1.6BQ1'25, Long-term debt: $1.1BQ2'25, Cash and equivalents: $1.8BQ2'25, Long-term debt: $1.1BQ2'25Q3'25, Cash and equivalents: $2.0BQ3'25, Long-term debt: $1.1BQ4'25, Cash and equivalents: $2.4BQ4'25Q1'26, Cash and equivalents: $1.3BQ2'26, Cash and equivalents: $1.2BQ2'26Q3'26, Cash and equivalents: $982MQ4'26, Cash and equivalents: $928MQ4'26

Positions at each quarter end, as filed; short-term investments are not included.

Income statement

Last eight quarters, newest first, through Q4 FY2026 filed September 3, 2026.

Zscaler, Inc. Common Stock income statement, quarterly
Millions of dollarsQ4 FY2026ended Jul 31, 2026filed Sep 3, 2026Q3 FY2026ended Apr 30, 2026filed May 26, 2026Q2 FY2026ended Jan 31, 2026filed Feb 26, 2026Q1 FY2026ended Oct 31, 2025filed Nov 25, 2025Q4 FY2025ended Jul 31, 2025filed Sep 11, 2025Q3 FY2025ended Apr 30, 2025filed May 29, 2025Q2 FY2025ended Jan 31, 2025filed Mar 10, 2025Q1 FY2025ended Oct 31, 2024filed Dec 5, 2024YoYQ4 FY2026vs Q4 FY2025
Revenue898850816788719678648628+24.9%
Cost of revenue209193191185172156148141+21.3%
Gross profit689658624603547522499486+26.0%
Research and development241232229200178170171154+36.0%
Selling, general and administrative8283786671636157+15.3%
Operating income(15)(30)(52)(36)(32)(25)(40)(31)+52.0%
Other income (expense)(2)(4)1(3)(1)1(5)(1)−149.3%
Pretax income15(2)(21)(8)(2)5(17)(4)+883.2%
Income tax1812133169(9)8+16.6%
Net income(3)(14)(34)(12)(18)(4)(8)(12)+80.8%
Diluted EPS ($)—(0.09)(0.21)(0.07)—(0.03)(0.05)(0.08)—
Diluted shares (millions)—161160159—155154153—

Fourth quarters are the fiscal year less the first nine months when the filer reports no discrete fourth quarter, and are marked. Diluted EPS is never derived, so a derived quarter shows none. Italic figures are derived.

Balance sheet

Last eight quarters, newest first, through Q4 FY2026 filed September 3, 2026.

Zscaler, Inc. Common Stock balance sheet, quarterly
Millions of dollarsQ4 FY2026ended Jul 31, 2026filed Sep 3, 2026Q3 FY2026ended Apr 30, 2026filed May 26, 2026Q2 FY2026ended Jan 31, 2026filed Feb 26, 2026Q1 FY2026ended Oct 31, 2025filed Nov 25, 2025Q4 FY2025ended Jul 31, 2025filed Sep 11, 2025Q3 FY2025ended Apr 30, 2025filed May 29, 2025Q2 FY2025ended Jan 31, 2025filed Mar 10, 2025Q1 FY2025ended Oct 31, 2024filed Dec 5, 2024YoYQ4 FY2026vs Q4 FY2025
Cash and equivalents9289821,2031,3382,3891,9911,7591,554−61.1%
Short-term investments—————————
Total current assets5,0314,6544,4514,2064,8943,9153,6653,394+2.8%
Total assets7,8677,0986,7546,5036,4205,3405,0064,709+22.5%
Total current liabilities2,9612,5012,3412,3062,4303,1683,0492,964+21.9%
Long-term debt—————1,1491,1481,146—
Total liabilities5,2684,7314,5584,5214,6213,5353,3993,280+14.0%
Stockholders’ equity2,5982,3672,1961,9821,7991,8051,6071,429+44.4%
Shares outstanding (millions)163162161159158156155153—

Positions at each period end. Nothing on this statement is derived. Long-term debt is the filed noncurrent line only; no total-debt composite is constructed across filers. Italic figures are derived.

Cash flow statement

Last eight quarters, newest first, through Q4 FY2026 filed September 3, 2026.

Zscaler, Inc. Common Stock cash flow statement, quarterly
Millions of dollarsQ4 FY2026ended Jul 31, 2026filed Sep 3, 2026Q3 FY2026ended Apr 30, 2026filed May 26, 2026Q2 FY2026ended Jan 31, 2026filed Feb 26, 2026Q1 FY2026ended Oct 31, 2025filed Nov 25, 2025Q4 FY2025ended Jul 31, 2025filed Sep 11, 2025Q3 FY2025ended Apr 30, 2025filed May 29, 2025Q2 FY2025ended Jan 31, 2025filed Mar 10, 2025Q1 FY2025ended Oct 31, 2024filed Dec 5, 2024YoYQ4 FY2026vs Q4 FY2025
Operating cash flow279198204448251211179331+11.4%
Capital expenditures20042181760721517+232.8%
Free cash flow (CFO − capex)79156186431191139164314−58.3%
Depreciation and amortization4338——3028——+41.9%
Share repurchases—————————
Dividends paid—————————

10-Qs file cash flows as year-to-date totals, so quarterly figures are differenced from consecutive filings and marked. Free cash flow is operating cash flow less capital expenditures, computed from the two filed lines. Italic figures are derived.

Annual statements

Every fiscal year filed, newest first, through FY2026 filed September 3, 2026.

Income statement

Zscaler, Inc. Common Stock income statement, annual
Millions of dollarsFY2026ended Jul 31, 2026filed Sep 3, 2026FY2025ended Jul 31, 2025filed Sep 11, 2025FY2024ended Jul 31, 2024filed Sep 12, 2024FY2023ended Jul 31, 2023filed Sep 14, 2023FY2022ended Jul 31, 2022filed Sep 15, 2022FY2021ended Jul 31, 2021filed Sep 16, 2021FY2020ended Jul 31, 2020filed Sep 17, 2020FY2019ended Jul 31, 2019filed Sep 18, 2019FY2018ended Jul 31, 2018filed Sep 13, 2018FY2017ended Jul 31, 2017filed Jun 7, 2018FY2016ended Jul 31, 2016filed Jun 7, 2018
Revenue3,3532,6732,1681,6171,09167343130319012680
Cost of revenue7786184773632421509660382720
Gross profit2,5752,0551,6911,2548495233362431529860
Research and development9036725003512891759862393421
Selling, general and administrative30925221217915297744731219
Operating income(133)(128)(121)(235)(327)(208)(114)(35)(35)(35)(27)
Other income (expense)(8)(6)(4)(2)(4)100000
Pretax income(17)(18)(29)(183)(384)(257)(113)(28)(32)(35)(27)
Income tax462328207521110
Net income(63)(41)(58)(202)(390)(262)(115)(29)(34)(35)(27)
Diluted EPS ($)(0.39)(0.27)(0.39)(1.40)(2.77)(1.93)(0.89)(0.23)———
Diluted shares (millions)160154150145141136129124———

Balance sheet

Zscaler, Inc. Common Stock balance sheet, annual
Millions of dollarsFY2026ended Jul 31, 2026filed Sep 3, 2026FY2025ended Jul 31, 2025filed Sep 11, 2025FY2024ended Jul 31, 2024filed Sep 12, 2024FY2023ended Jul 31, 2023filed Sep 14, 2023FY2022ended Jul 31, 2022filed Sep 15, 2022FY2021ended Jul 31, 2021filed Sep 16, 2021FY2020ended Jul 31, 2020filed Sep 17, 2020FY2019ended Jul 31, 2019filed Sep 18, 2019FY2018ended Jul 31, 2018filed Sep 13, 2018FY2017ended Jul 31, 2017filed Jun 7, 2018FY2016ended Jul 31, 2016filed Jun 7, 2018
Cash and equivalents9282,3891,4231,2621,013276142781368893
Short-term investments—————1,2271,2292861630—
Total current assets5,0314,8943,3972,8902,2571,8481,582496387143—
Total assets7,8676,4204,7053,6082,8332,2581,833604448183—
Total current liabilities2,9612,4303,1131,5361,134720424262183120—
Long-term debt——1,1421,134969914862————
Total liabilities5,2684,6213,4312,8832,2591,7291,349296208133—
Stockholders’ equity2,5981,7991,274725573529485309240(151)(125)
Shares outstanding (millions)163158152147143139133127120——

Cash flow statement

Zscaler, Inc. Common Stock cash flow statement, annual
Millions of dollarsFY2026ended Jul 31, 2026filed Sep 3, 2026FY2025ended Jul 31, 2025filed Sep 11, 2025FY2024ended Jul 31, 2024filed Sep 12, 2024FY2023ended Jul 31, 2023filed Sep 14, 2023FY2022ended Jul 31, 2022filed Sep 15, 2022FY2021ended Jul 31, 2021filed Sep 16, 2021FY2020ended Jul 31, 2020filed Sep 17, 2020FY2019ended Jul 31, 2019filed Sep 18, 2019FY2018ended Jul 31, 2018filed Sep 13, 2018FY2017ended Jul 31, 2017filed Jun 7, 2018FY2016ended Jul 31, 2016filed Jun 7, 2018
Operating cash flow1,130972780462322202795817(6)(12)
Capital expenditures27716414597694843261385
Free cash flow (CFO − capex)85280863536525315436334(14)(17)
Depreciation and amortization14910466————————
Share repurchases—————000400
Dividends paid———————————

Insider activity

Form 4 filings by officers, directors and 10% owners, November 1, 2024 to November 1, 2026. Only open-market purchases and sales count as buys and sells; awards, exercises, tax withholding and gifts are listed in grey and never counted.

Bought, three months
$0
0 purchases by 0 insiders; officers and directors $0
Sold, three months
$12M
38 sales by 6 insiders; officers and directors $12M
Bought, twelve months
$0
0 purchases by 0 insiders; officers and directors $0
Sold, twelve months
$22M
74 sales by 8 insiders; officers and directors $22M

The last 25 transactions

TradedInsiderRoleTransactionSharesPriceValueHeld afterFiled
Oct 26, 2026Rubin KevinChief Financial Officeropen-market sale10b5-120$253.26$5K62,607Oct 27, 2026
Oct 26, 2026Rubin KevinChief Financial Officeropen-market sale10b5-132$254.34$8K62,575Oct 27, 2026
Oct 26, 2026Rubin KevinChief Financial Officeropen-market sale10b5-114$255.32$4K62,561Oct 27, 2026
Oct 26, 2026Rubin KevinChief Financial Officeropen-market sale10b5-116$256.31$4K62,545Oct 27, 2026
Oct 26, 2026Rubin KevinChief Financial Officeropen-market sale10b5-121$257.48$5K62,524Oct 27, 2026
Oct 26, 2026Rubin KevinChief Financial Officeropen-market sale10b5-119$258.62$5K62,505Oct 27, 2026
Oct 26, 2026Rubin KevinChief Financial Officeropen-market sale10b5-1120$259.73$31K62,385Oct 27, 2026
Oct 26, 2026Rubin KevinChief Financial Officeropen-market sale10b5-1252$260.35$66K62,133Oct 27, 2026
Oct 26, 2026Rubin KevinChief Financial Officeropen-market sale10b5-120$261.27$5K62,113Oct 27, 2026
Oct 19, 2026Schlossman RobertChief Legal Officeraward14,185$0.00—75,710Oct 20, 2026
Oct 19, 2026Rubin KevinChief Financial Officeraward19,859$0.00—62,627Oct 20, 2026
Oct 19, 2026Geller AdamChief Product Officeraward19,859$0.00—58,167Oct 20, 2026
Oct 12, 2026Geller AdamChief Product Officeroption exercise1,042$205.61$214K39,350Oct 13, 2026
Oct 12, 2026Geller AdamChief Product Officeropen-market sale10b5-11,042$235.95$246K38,308Oct 13, 2026
Oct 9, 2026Geller AdamChief Product Officeroption exercise23,958$205.61$5M62,266Oct 13, 2026
Oct 9, 2026Geller AdamChief Product Officeropen-market sale10b5-121,875$225.00$5M40,391Oct 13, 2026
Oct 9, 2026Geller AdamChief Product Officeropen-market sale10b5-12,083$230.00$479K38,308Oct 13, 2026
Sep 25, 2026Rubin KevinChief Financial Officeropen-market sale10b5-1100$194.76$19K43,187Sep 28, 2026
Sep 25, 2026Rubin KevinChief Financial Officeropen-market sale10b5-1189$195.64$37K42,998Sep 28, 2026
Sep 25, 2026Rubin KevinChief Financial Officeropen-market sale10b5-1118$196.57$23K42,880Sep 28, 2026
Sep 25, 2026Rubin KevinChief Financial Officeropen-market sale10b5-13$197.32$59242,877Sep 28, 2026
Sep 25, 2026Rubin KevinChief Financial Officeropen-market sale10b5-19$199.71$2K42,868Sep 28, 2026
Sep 25, 2026Rubin KevinChief Financial Officeropen-market sale10b5-120$201.11$4K42,848Sep 28, 2026
Sep 25, 2026Rubin KevinChief Financial Officeropen-market sale10b5-15$202.06$1K42,843Sep 28, 2026
Sep 25, 2026Rubin KevinChief Financial Officeropen-market sale10b5-136$203.15$7K42,807Sep 28, 2026

Full insider history for Zscaler, Inc. Common Stock, or insider activity across all companies. A record of filings, not a recommendation.

Tracked funds holding it

1 of the tracked managers held ZS in their latest 13F filing, through August 14, 2026. Weight is the share of the fund’s reported portfolio. How the funds have traded ZS by quarter.

FundManagerQuarterValueSharesWeightMove
Baron Capital GroupRon BaronQ2 2026$20M140,9530.03%trimmed −18.5%

Sources

Fiscal year ends in month 7; periods are labeled with the issuer's own fiscal calendar. Values are as most recently filed (restatements apply; per-share values are on current split basis per the connector's split table, flagged in adjusted). Flow items flagged in `derived` were computed (Q4 = FY − nine months; quarterly cash flow differenced from year-to-date filings) rather than read from a filing. `reconciliation.repaired` lists periods where a full-year figure was filed in a quarter slot: that row was dropped and the quarter rebuilt from the annual figure. `reconciliation.quarantined` lists periods where four filed quarters do not sum to the filed year — those quarterly values are withheld, so a blank there is a withholding rather than an absence of reporting.

Filer
Zscaler Inc, CIK 1713683 on EDGAR
Extract generated
November 1, 2026
Withheld
none
Repaired
1 quarters where a full-year figure was filed in a quarter slot and the quarter was rebuilt: pretax income FY2026
XBRL concepts behind each line

Income statement

Revenue: RevenueFromContractWithCustomerExcludingAssessedTax
Cost of revenue: CostOfGoodsAndServicesSold, CostOfRevenue
Gross profit: GrossProfit
Research and development: ResearchAndDevelopmentExpense
Selling, general and administrative: GeneralAndAdministrativeExpense
Operating income: OperatingIncomeLoss
Other income (expense): NonoperatingIncomeExpense, OtherNonoperatingIncomeExpense
Pretax income: IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax: IncomeTaxExpenseBenefit
Net income: NetIncomeLoss
Diluted EPS ($): EarningsPerShareDiluted
Diluted shares (millions): WeightedAverageNumberOfDilutedSharesOutstanding

Balance sheet

Cash and equivalents: CashAndCashEquivalentsAtCarryingValue
Short-term investments: AvailableForSaleSecuritiesDebtSecuritiesCurrent
Total current assets: AssetsCurrent
Total assets: Assets
Total current liabilities: LiabilitiesCurrent
Long-term debt: LongTermDebt
Total liabilities: Liabilities
Stockholders’ equity: StockholdersEquity
Shares outstanding (millions): dei:EntityCommonStockSharesOutstanding

Cash flow statement

Operating cash flow: NetCashProvidedByUsedInOperatingActivities
Capital expenditures: PaymentsToAcquirePropertyPlantAndEquipment
Free cash flow (CFO − capex): not filed
Depreciation and amortization: DepreciationDepletionAndAmortization
Share repurchases: PaymentsForRepurchaseOfCommonStock
Dividends paid: not filed

The data

The statements on this page as files, generated November 1, 2026.

JSON file
/data/financials/ZS.json