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Zscaler, Inc. ZS

Nasdaq · XNAS · stock · Services-Computer Programming Services · website · IPO 2018-03-16

Zscaler, Inc. statistics & valuation

P / S7.7×
P / B11.4×
P / FCF25.5×

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else is from filings.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021
Gross margin76.9%78.0%77.6%77.8%77.7%
Operating margin-4.8%-5.6%-14.5%-30.0%-30.9%
Net margin-1.6%-2.7%-12.5%-35.8%-38.9%
FCF margin30.2%29.3%22.6%23.2%22.9%
Return on assets-0.6%-1.2%-5.6%-13.8%-11.6%
Return on equity-2.3%-4.5%-27.9%-68.1%-49.5%
Debt / equity0.90×1.56×1.69×1.73×
Current ratio2.011.091.881.992.57
Revenue growth23.3%34.1%48.2%62.1%56.1%

Source: SEC EDGAR filings · CIK 0001713683 · as of 2025-07-31. Facts from filings plus Stocktoria's own computed scores — not investment advice.