Zscaler, Inc.
Financial highlights
| Metric | FY 07/31/25 | FY 07/31/24 | FY 07/31/23 | FY 07/31/22 | FY 07/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $2.7B | $2.2B | $1.6B | $1.1B | $673.1M |
| Cost of revenue | $618.2M | $477.1M | $362.8M | $242.3M | $150.3M |
| Gross profit | $2.1B | $1.7B | $1.3B | $848.7M | $522.8M |
| Research and development | $672.5M | $499.8M | $350.8M | $289.1M | $174.7M |
| Operating expenses | $2.2B | $1.8B | $1.5B | $1.2B | $730.6M |
| Operating income | -$128.5M | -$121.5M | -$234.6M | -$327.4M | -$207.8M |
| Interest expense | $9.5M | $13.1M | $6.5M | $56.6M | $53.4M |
| Pretax income | -$18.3M | -$29.2M | -$182.6M | -$383.6M | -$257.2M |
| Income tax expense | $23.2M | $28.5M | $19.8M | $6.6M | $4.9M |
| Net income | -$41.5M | -$57.7M | -$202.3M | -$390.3M | -$262.0M |
| Balance Sheet | |||||
| Cash and equivalents | $2.4B | $1.4B | $1.3B | $1.0B | $275.9M |
| Current assets | $4.9B | $3.4B | $2.9B | $2.3B | $1.8B |
| Total assets | $6.4B | $4.7B | $3.6B | $2.8B | $2.3B |
| Current liabilities | $2.4B | $3.1B | $1.5B | $1.1B | $720.2M |
| Total liabilities | $4.6B | $3.4B | $2.9B | $2.3B | $1.7B |
| Total debt | — | $1.1B | $1.1B | $1.1B | $1.1B |
| Stockholders' equity | $1.8B | $1.3B | $725.1M | $573.3M | $528.9M |
| Cash Flow Statement | |||||
| Cash from operations | $972.5M | $779.8M | $462.3M | $321.9M | $202.0M |
| Stock-based compensation | $661.4M | $527.7M | $444.8M | $409.6M | $258.5M |
| Capital expenditure | $164.3M | $144.6M | $97.2M | $69.3M | $48.2M |
| Free cash flow | $808.2M | $635.3M | $365.1M | $252.6M | $153.9M |
| Share repurchases | — | — | — | — | $0 |
| Impairments | $0 | $0 | $0 | $0 | $416,000 |
Shares outstanding 161.7M · Free float 81.4%
Annual filing data through FY ended July 31, 2025; float as of July 15, 2026.