Zscaler/$ZS
1D1W1MYTD1Y5YMAX
Capital at risk
About Zscaler
Zscaler is a software-as-a-service, or SaaS, firm focusing on providing cloud-native cybersecurity solutions to primarily enterprise customers. Zscaler's offerings can be broadly partitioned into Zscaler Internet Access, which provides secure access to external applications, and Zscaler Private Access, which provides secure access to internal applications. The firm is headquartered in San Jose, California, and went public in 2018.
- Ticker
- $ZS
- Sector
- Software & Cloud Services
- Primary listing
- NASDAQ
- Employees
- 8,700
- Headquarters
- San Jose, United States
- Website
- www.zscaler.com
Zscaler Metrics
BasicAdvanced
$33B
-
-$0.39
0.95
-
Price and volume
Market cap
$33B
Beta
0.95
52-week high
$336.99
52-week low
$114.63
Average daily volume
3.4M
Financial strength
Current ratio
1.699
Quick ratio
1.57
Long term debt to equity
0.689
Total debt to equity
0.719
Interest coverage (TTM)
-14.45%
Profitability
EBITDA (TTM)
43.85
Gross margin (TTM)
76.87%
Net profit margin (TTM)
-1.88%
Operating margin (TTM)
-3.52%
Effective tax rate (TTM)
-268.63%
Revenue per employee (TTM)
$390,000
Management effectiveness
Return on assets (TTM)
-1.03%
Return on equity (TTM)
-2.87%
Valuation
Price to revenue (TTM)
9.529
Price to book
12.51
Price to tangible book (TTM)
27.89
Price to free cash flow (TTM)
41.002
Free cash flow yield (TTM)
2.44%
Free cash flow per share (TTM)
4.863
Growth
Revenue change (TTM)
25.42%
Earnings per share change (TTM)
46.79%
3-year revenue growth (CAGR)
27.51%
10-year revenue growth (CAGR)
45.23%
3-year earnings per share growth (CAGR)
-34.39%
10-year earnings per share growth (CAGR)
-11.65%
What the Analysts think about Zscaler
Analyst ratings (Buy, Hold, Sell) for Zscaler stock.
Analyst projections of the future price of Zscaler stock.
Bulls say / Bears say
Zscaler exited fiscal 2026 with strong operating momentum: Q4 revenue and ARR each grew 25% year over year, while non-GAAP operating margin reached a record 24%. (SEC filing)
The company is expanding beyond its core user-access products into AI security, data security, Agentic SecOps and non-seat-based solutions, creating potential for larger platform deployments and additional wallet share. (SEC filing)
Zscaler continues to generate substantial cash at scale: fiscal 2026 operating cash flow was $1.13 billion and free cash flow was $779.1 million, supporting continued product investment, acquisitions and go-to-market expansion. (SEC filing)
Fiscal 2027 revenue guidance of $3.908–$3.938 billion implies growth of only 16.6%–17.5%, a notable slowdown from fiscal 2026’s 25% growth and increasing the risk of valuation compression if execution weakens. (SEC filing)
Underlying growth appears weaker than reported growth because Red Canary contributed $141 million of Q4 ARR; excluding the acquisition, Q4 ARR growth was 20% and net new ARR growth was 17%. (SEC filing)
Profitability remains dependent on substantial adjustments: Zscaler reported a $63.2 million fiscal 2026 GAAP net loss, while stock-based compensation reached $821.9 million; Q4 free-cash-flow margin also fell to 7% from 24% amid sharply higher capital spending. (SEC filing)
Data summarised monthly by Lightyear AI. Last updated on 14 Sept 2026.
Zscaler Financial Performance
Revenues and expenses
Zscaler Earnings Performance
Company profitability
Upcoming events
No upcoming events
Zscaler News
AllArticlesVideos
Funds containing Zscaler
AllEURGBPUSD
Fund name | Fund size | $ZS weighting |
|---|---|---|
Wisdomtree Cybersecurity€W1TB | €256M | 4.34% |
Wisdomtree Cybersecurity£CYSE | £223M | 4.34% |
iShares Digital Security€L0CK | €1.7B | 3.18% |
iShares Digitalisation$DGTL | $793M | 0.82% |
iShares Digitalisation£DGIT | £585M | 0.82% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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