KPIs & Operating Metrics(New)
Growth Metrics

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

Zscaler (ZS) has disclosed Free Cash Flow for 10 consecutive years, with $186.5 million as the latest value for Q1 2026.

  • On a quarterly basis, Free Cash Flow rose 13.45% to $186.5 million in Q1 2026 year-over-year; TTM through Jan 2026 was $947.0 million, a 22.88% increase, with the full-year FY2025 number at $808.2 million, up 27.22% from a year prior.
  • Free Cash Flow was $186.5 million for Q1 2026 at Zscaler, down from $431.0 million in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of $431.0 million in Q4 2025 to a low of $34.3 million in Q1 2022.
  • A 5-year average of $159.2 million and a median of $137.8 million in 2024 define the central range for Free Cash Flow.
  • Peak YoY movement for Free Cash Flow: soared 211.9% in 2022, then dropped 3.21% in 2025.
  • Zscaler's Free Cash Flow stood at $120.8 million in 2022, then soared by 109.72% to $253.4 million in 2023, then grew by 24.05% to $314.3 million in 2024, then surged by 37.12% to $431.0 million in 2025, then tumbled by 56.72% to $186.5 million in 2026.
  • Per Business Quant, the three most recent readings for ZS's Free Cash Flow are $186.5 million (Q1 2026), $431.0 million (Q4 2025), and $149.2 million (Q3 2025).