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

Zscaler (ZS) has reported Free Cash Flow for 10 consecutive years, with $186.7 million the latest figure, recorded in Q1 2026.

• In Q1 2026, Free Cash Flow rose 17.82% year-over-year to $186.7 million; the TTM figure through Jan 2026 stood at $1.0 billion (up 28.21% YoY), while the FY2025 annual figure was $890.9 million, up 22.12% from the prior year.
• Free Cash Flow slipped to $186.7 million in Q1 2026 per ZS's latest filing, from $430.6 million in the prior quarter.
• Across five years, Free Cash Flow topped out at $430.6 million in Q4 2025 and bottomed at $37.5 million in Q2 2022.
• Historically, Free Cash Flow has averaged $169.4 million across 5 years, with a median of $150.3 million in 2025.
• On a YoY basis, Free Cash Flow climbed as much as 321.95% in 2022 and fell as far as 36.01% in 2022.
• Zscaler's Free Cash Flow stood at $120.8 million in 2022, then soared by 109.72% to $253.4 million in 2023, then increased by 21.92% to $308.9 million in 2024, then soared by 39.4% to $430.6 million in 2025, then slumped by 56.65% to $186.7 million in 2026.
• Business Quant data shows ZS's Free Cash Flow at $186.7 million in Q1 2026, $430.6 million in Q4 2025, and $273.3 million in Q3 2025.