ZS
Zscaler, Inc. Information Technology Services-Computer Programming Services Russell 3000
$237.83Close
$38.8BMarket cap
$118.05 – $336.2752-week range
Nov 24, 2026Next report
Highlights
Strengths
- Leading the market RS 88 · stronger than 88% of stocks over 12 months
Cautions
- Trend not confirmed 6 of 8 conditions · 150-day under the 200-day, over 25% off the high
- Far from its high 29% below its 52-week high
Price
Filing Results Screen pick 52-week high and low Adjusted prices
Key figures
Off 12-month high
29%
1wk
down 6.8%
price change
1mo
up 19.3%
price change
12-month return
down 26%
market up 11% ·
its own down 37%
F-score
3 / 9
Weak
Altman Z″
1.61
Moderate risk
P/E
—
price / earnings
PEG
—
P/E / EPS growth
P/B
14.9×
price / book
Earnings yield
down 0.4%
EBIT / enterprise value
Cheaper than
23%
of the market · expensive
Revenue growth
up 25%
year on year
EPS growth
—
latest quarter
Sales growth
up 25%
latest quarter · -1 pts
ROE
down 3%
return on equity
Free cash margin
up 25%
$852.4M FCF
D/E
—
long-term debt / equity
Net debt / EBITDA
-60.8×
net cash
Interest cover
—EBIT / interest
Piotroski tests
- not yet profitable on its assets
- profitability slipped from last year
- short-term liquidity weakened
- issued more shares
- gross margin narrowed
- assets working less efficiently
- generating cash from operations
- profits backed by cash
- reduced long-term debt
Trade setup
ATR%
5.3%
$12.70 a day · 2×ATR $212.42
RS
88 / 99
vs the universe
Trend
6 / 8
150-day under the 200-day, over 25% off the high
Relative volume
0.7×
vs 50-day average
Up/down volume
1.40
50 sessions
Implied move
—
no option chain · report Nov 24, 2026
Trend template · 6 of 8
- 150-day average above the 200-day: fails
- Within 25% of the 52-week high: fails
Screen verdict
Did not qualify for any screen.
Warning signs
- Shareholders diluted The share count rose 3.0% over the year, from 158m to 163m shares. Each existing share owns a smaller fraction of the company than it did a year ago.
Last reported
Sep 3, 2026
Last shock
Sep 25, 2026-10% in one session2.3× volumeon an SEC filing+23% since
Financials
- Gross 77%
- Net -2%
- Free cash 25%
- Cash
- Long-term debt
| FY2021Jul 31, 2021 | FY2022Jul 31, 2022 | FY2023Jul 31, 2023 | FY2024Jul 31, 2024 | FY2025Jul 31, 2025 | FY2026Jul 31, 2026 | |
|---|---|---|---|---|---|---|
| Revenue | $673.1M | $1.1B | $1.6B | $2.2B | $2.7B | $3.4B |
| Gross margin | 78% | 78% | 78% | 78% | 77% | 77% |
| Operating income | -$207.8M | -$327.4M | -$234.6M | -$121.5M | -$128.5M | -$133.3M |
| Net income | -$262.0M | -$390.3M | -$202.3M | -$57.7M | -$41.5M | -$63.2M |
| Net margin | -39% | -36% | -13% | -3% | -2% | -2% |
| Earnings per share | -$1.93 | -$2.77 | -$1.40 | -$0.39 | -$0.27 | -$0.39 |
| Free cash flow | $153.9M | $252.6M | $365.1M | $635.3M | $808.2M | $852.4M |
| Free cash margin | 23% | 23% | 23% | 29% | 30% | 25% |
| Cash | $275.9M | $1.0B | $1.3B | $1.4B | $2.4B | $928.4M |
| Long-term debt | $913.5M | $968.7M | $1.1B | $1.1B | — | — |
| Shareholders' equity | $528.9M | $573.3M | $725.1M | $1.3B | $1.8B | $2.6B |
| Shares outstanding | 138.66m | 143.04m | 147.17m | 152.49m | 158.30m | 163.06m |
Filings
| Filed | Report | Period to | Lag |
|---|---|---|---|
| Sep 3, 2026 | Annual ↗ | Jul 31, 2026 | 34d |
| May 26, 2026 | Quarterly ↗ | Apr 30, 2026 | 26d |
| Feb 26, 2026 | Quarterly ↗ | Jan 31, 2026 | 26d |
| Nov 25, 2025 | Quarterly ↗ | Oct 31, 2025 | 25d |
| Sep 11, 2025 | Annual ↗ | Jul 31, 2025 | 42d |
| May 29, 2025 | Quarterly ↗ | Apr 30, 2025 | 29d |
| Mar 10, 2025 | Quarterly ↗ | Jan 31, 2025 | 38d |
| Dec 5, 2024 | Quarterly ↗ | Oct 31, 2024 | 35d |
| Sep 12, 2024 | Annual ↗ | Jul 31, 2024 | 43d |
| Jun 7, 2024 | Quarterly ↗ | Apr 30, 2024 | 38d |
| Mar 6, 2024 | Quarterly ↗ | Jan 31, 2024 | 35d |
| Dec 6, 2023 | Quarterly ↗ | Oct 31, 2023 | 36d |
Current reports
| Filed | Disclosed |
|---|---|
| Oct 6, 2026 | Regulation FD ↗ |
| Sep 24, 2026 | Director or officer change ↗ |
| Sep 3, 2026 | Results · Restructuring ↗ |
| May 26, 2026 | Results ↗ |
| Apr 16, 2026 | Director or officer change ↗ |
| Feb 26, 2026 | Results ↗ |
| Jan 15, 2026 | Shareholder vote ↗ |
| Nov 25, 2025 | Results ↗ |
| Sep 2, 2025 | Results ↗ |
| Jul 3, 2025 | Material agreement · New obligation · Unregistered share sale · Other events ↗ |
| Jun 23, 2025 | Director or officer change ↗ |
| Jun 13, 2025 | Director or officer change ↗ |