Zscaler, Inc.
ZSNASDAQ
$238.37
Last price · USD
- Market cap
- $38.19B
- P/E
- —
- EV / EBITDA
- 209.7x
- P/S
- 11.4x
- FCF yield
- 2.2%
- Div. yield
- 0.00%
Multiples use last price and FY2026 annual figures. Market cap estimated from diluted shares.
Zscaler, Inc. income statement
Annual · USD millions except per-share data · 27 lines
| Fiscal year | 2026 | 2025 | 2024 | 2023 | 2022 | CAGR | |
|---|---|---|---|---|---|---|---|
| Revenue & gross profit | |||||||
| Revenue | 3,353 | 2,673 | 2,168 | 1,617 | 1,091 | +32.4% | |
| Cost of revenue | 778 | 618 | 480 | 362 | 243 | +33.7% | |
| Gross profit | 2,575 | 2,055 | 1,688 | 1,254 | 848 | +32.0% | |
| Operating expenses & income | |||||||
| Research & development | 903 | 672 | 500 | 348 | 289 | +33.0% | |
| General & administrative | 309 | 252 | 0 | 0 | 0 | — | |
| Selling & marketing | 1,496 | 1,259 | 0 | 0 | 0 | — | |
| SG&A (combined) | 1,805 | 1,511 | 1,312 | 1,122 | 886 | +19.5% | |
| Total operating expenses | 2,708 | 2,183 | 1,812 | 1,470 | 1,175 | +23.2% | |
| Cost and expenses | 3,486 | 2,802 | 2,292 | 1,832 | 1,418 | +25.2% | |
| Operating income | (133) | (128) | (124) | (215) | (327) | — | |
| Non-operating & other | |||||||
| Interest income | 136 | 125 | 109 | 60 | 5 | +133.4% | |
| Interest expense | 12 | 10 | 13 | 7 | 57 | -32.4% | |
| Net interest income | 124 | 116 | 96 | 54 | (52) | — | |
| Non-operating income (excl. interest) | (128) | (120) | (108) | (40) | -0 | — | |
| Total other income (expenses), net | 116 | 110 | 95 | 33 | (56) | — | |
| Profitability | |||||||
| Depreciation & amortization | 192 | 121 | 81 | 67 | 49 | +40.4% | |
| Income before tax | (17) | (18) | (29) | (183) | (384) | — | |
| Income tax expense | 46 | 23 | 28 | 20 | 7 | +62.2% | |
| Net income from continuing operations | (63) | (41) | (58) | (202) | (390) | — | |
| Net income | (63) | (41) | (58) | (202) | (390) | — | |
| Bottom line net income | (63) | (41) | (58) | (202) | (390) | — | |
| Additional fields | |||||||
| Ebit | (5) | (9) | (16) | (176) | (327) | — | |
| Ebitda | 187 | 112 | 65 | (109) | (278) | — | |
| Eps | (0.39) | (0.27) | (0.39) | (1.40) | (2.77) | — | |
| Eps Diluted | (0.39) | (0.27) | (0.39) | (1.40) | (2.77) | — | |
| Weighted Average Shs Out | 160 | 154 | 150 | 145 | 141 | +3.3% | |
| Weighted Average Shs Out Dil | 160 | 154 | 150 | 145 | 141 | +3.3% | |