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ZS Zscaler, Inc.

Trailing twelve months to 2026-04-30 · as filed 2026-05-26, not restated
Technology

Scale

Market cap
$30.2bn
Revenue TTM
$3.2bn
Net income TTM
$-77m
Free cash flow
$964m
Composite score
44.1
Sector rank
#332

Valuation

P / E
EV / EBITDA
EV / sales
9.2
FCF yield
3.19%
Earnings yield vs 10-yr
-4.99pp

Earnings yield vs 10-yr compares what the business earns per pound invested against the 4.73% a 10-year US Treasury note pays for no equity risk. Negative means you are paying up front for growth not yet delivered.

Quality and growth

Net margin
-2.4%
EBITDA margin
ROE
-3.3%
ROIC
-10.8%
Revenue growth
24.6%

Insider activity, last 90 days

Net open-market
$-2.67m
Buyers
0
Sellers
6

Open-market purchases and sales only. Grants, option exercises, gifts and shares withheld for tax are excluded: they are how people are paid, not what they think.

What management said

We generate revenue primarily from sales of subscriptions to access our cloud platform, together with related support services. We also generate an immaterial amount of revenue from professional and other services, which consist primarily of fees associated with mapping, implementation, network design and training. Our revenue has experienced significant growth in recent periods. Components of Results of Operations Revenue We generate revenue primarily from sales of subscriptions to access our cloud platform, together with related support services. …Zscaler, Inc., 10-Q, period ended 2026-04-30, filed 2026-05-26

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