NASDAQ · Software - Infrastructure

Zscaler, Inc. (ZS) Stock

$147.05 +3.32% NASDAQ: ZS Technology

Globally recognized, Zscaler, Inc. functions as a leading provider of cloud-based security solutions.

Valuation

MetricValue
Price$147.05
Market Cap$23.78B
P/E Ratio-322.58
P/B Ratio10.52
P/S Ratio7.89
EPS (TTM)$-0.27
52-Week High$336.99
52-Week Low$114.63
Dividend Yield0.00%

Financials & Margins

MetricValue
ROE-3.71%
ROA-1.09%
ROCE-3.26%
Gross Margin76.67%
Operating Margin-4.73%
Net Margin-2.44%
Debt/Equity0.79
Current Ratio1.86

Annual Financials (USD)

Metric20212022202320242025
Revenue$673.0M$1.1B$1.6B$2.2B$2.7B
Operating Profit$-207.0M$-327.0M$-215.0M$-124.0M$-128.0M
Net Profit$-262.0M$-390.0M$-202.0M$-58.0M$-41.0M
EPS$-1.93$-2.77$-1.40$-0.39$-0.27
Op Margin-30.8%-30.0%-13.3%-5.7%-4.8%

Balance Sheet (USD)

Metric20212022202320242025
Total Assets$2.3B$2.8B$3.6B$4.7B$6.4B
Total Liabilities$1.7B$2.3B$2.9B$3.4B$4.6B
Cash$276.0M$1.0B$1.3B$1.4B$2.4B
Borrowings$965.0M$1.0B$1.2B$1.2B$1.8B

Latest News

PANW to Buy Embrace: Will it Strengthen the Observability Platform? Zacks · Jul 22, 2026 Zscaler, Inc. (ZS) Is a Trending Stock: Facts to Know Before Betting on It Zacks · Jul 22, 2026 Citi Wealth CIO Warns “Infinite AI Agents” Will Accelerate Cybersecurity’s Share of Enterprise Spending 24/7 Wall St. · Jul 21, 2026 CrowdStrike Stock Has Its Own Story Trefis · Jul 20, 2026 Zscaler (ZS) Stock Could Be 33% Undervalued As Cyber Threat Alerts Lift Interest Simply Wall St. · Jul 20, 2026

Cash Flow (USD)

Metric20212022202320242025
Operating Cash Flow$202.0M$322.0M$462.0M$780.0M$972.0M
Investing Cash Flow$-168.0M$283.0M$-388.0M$-878.0M$-673.0M
Financing Cash Flow$-2.0M$0$0$0$-1.0M
Net Cash Flow$134.0M$737.0M$249.0M$161.0M$966.0M
Free Cash Flow$144.0M$231.0M$334.0M$585.0M$727.0M

Valuation & Return Ratios

MetricValue
PEG Ratio4.81
EV / EBITDA212.86
FCF Yield3.83%
Quick Ratio1.86
Interest Coverage-13.49
Return 1Y-48.44%
Return 3Y-0.19%
Return 5Y-36.87%

Ownership

Insiders Held34.96%
Institutions Held57.83%
Institutions Float Held88.91%
Institutional HolderSharesReport Date
Blackrock Inc.8,568,3172026-03-31
Vanguard Portfolio Management LLC5,930,6352026-03-31
Vanguard Capital Management LLC4,660,8902026-03-31
Invesco Ltd.4,306,5722026-03-31
First Trust Advisors LP3,518,6782026-03-31

Peer Comparison

TickerPriceChangeP/EMarket CapDiv Yield
AAPLApple Inc. $313.33 +0.29% 37.72 $4.60T 0.34%
MSFTMicrosoft Corporation $499.99 +0.03% 22.95 $3.71T 0.94%
GOOGLAlphabet Inc. $354.30 -0.96% 27.68 $4.29T 0.23%
AMZNAmazon.com, Inc. $274.48 +0.82% 28.76 $2.95T 0.00%
METAMeta Platforms, Inc. $592.10 +0.37% 21.47 $1.51T 0.35%

About Zscaler, Inc.

Globally recognized, Zscaler, Inc. functions as a leading provider of cloud-based security solutions. Its core offerings include Zscaler Internet Access (ZIA), which ensures secure connectivity for a diverse range of entities – including users, servers, operational technology (OT), and IoT devices – when accessing external resources like software-as-a-service (SaaS) applications and general internet destinations. Complementing this, the Zscaler Private Access (ZPA) solution facilitates secure entry to internal applications residing in private or public clouds and traditional data centers. Zscaler also delivers Zscaler Digital Experience (ZDX), a tool that assesses the complete user journey across various business applications. ZDX then generates a clear, digestible digital experience score for individual users, specific applications, and different locations within an organization. Furthermore, the company's portfolio extends to advanced workload segmentation solutions. This category includes Zscaler Cloud Security Posture Management (CSPM), designed to identify and correct application misconfigurations across SaaS, IaaS, and PaaS environments, thereby minimizing risk and upholding compliance standards. Another key offering is Zscaler Cloud Workload Segmentation, specifically engineered to fortify application-to-application communication within public clouds and data centers. Its objective is to thwart lateral threat propagation, safeguard applications from compromise, and ultimately mitigate the potential for data breaches. The underlying platform is built upon integral components such as the Zscaler Central Authority, Zscaler Enforcement Nodes, and Zscaler Log Servers. Serving a diverse global clientele, Zscaler caters to numerous sectors including aviation and transportation, conglomerates, consumer goods and retail, financial services, healthcare, manufacturing, media and communications, public sector and education, as well as technology and telecommunications. Founded in 2007, the company initially operated as SafeChannel, Inc., before rebranding to Zscaler, Inc. in August 2008. Its corporate headquarters are located in San Jose, California.

Zscaler, Inc. is led by CEO Jagtar Singh Chaudhry, employs 7,348 people, headquartered in San Jose, US, publicly traded since 2018.

Zscaler, Inc. (ZS) stock trades at $147.05 with a market capitalization of $23.78B. The stock is valued at a price-to-earnings (P/E) ratio of -322.58, price-to-book of 10.52, price-to-sales of 7.89. Over the past 52 weeks the stock has ranged between $114.63 and $336.99, and currently trades 56.4% below its 52-week high.

On profitability, Zscaler, Inc. generates a return on equity (ROE) of -3.71%, return on capital employed of -3.26%, an operating margin of -4.73%, a net profit margin of -2.44%.

In its most recent fiscal year, Zscaler, Inc. reported annual revenue of $2.7B, net profit of $-41.0M, revenue has compounded at 44.0% a year over the last five years.

The balance sheet shows a debt-to-equity ratio of 0.79, a current ratio of 1.86, total assets of $6.4B, $2.4B in cash and equivalents.

ZS has an average daily trading volume of 4,465,932 shares, a beta of 0.96.

Official website: www.zscaler.com

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