Zscaler (ZS) Free Cash Flow (2017 - 2026)

Zscaler (ZS) has 10 years of Free Cash Flow data on file, last reported at $186.9 million in Q1 2026.

• Free Cash Flow for Q1 2026 came in at $186.9 million, up 17.95% year-over-year; the trailing twelve-month figure through Jan 2026 was $958.3 million (up 26.22% YoY), and the FY2025 annual result was $808.2 million, up 27.22% from the prior year.
• Free Cash Flow retreated to $186.9 million in Q1 2026 per ZS's latest filing, from $430.6 million in the prior quarter.
• Over five years, Free Cash Flow peaked at $430.6 million in Q4 2025 and troughed at $34.3 million in Q1 2022.
• A 5-year average of $156.3 million and a median of $150.3 million in 2025 frame the typical range for Free Cash Flow.
• The sharpest annual moves came in 2022 and 2023: Free Cash Flow retreated 15.23% in 2022, then soared 145.39% in 2023.
• A 5-year view of Free Cash Flow shows it stood at $103.3 million in 2022, then soared by 145.39% to $253.4 million in 2023, then grew by 21.92% to $308.9 million in 2024, then surged by 39.4% to $430.6 million in 2025, then plunged by 56.6% to $186.9 million in 2026.
• Business Quant data shows ZS's Free Cash Flow at $186.9 million in Q1 2026, $430.6 million in Q4 2025, and $190.6 million in Q3 2025.