Zscaler (ZS) Other Working Capital Changes (2018 - 2026)

Zscaler (ZS) has reported Other Working Capital Changes for 9 consecutive years, with $4.1 million the latest figure, recorded in Q1 2026.

• In Q1 2026, Other Working Capital Changes fell 95.73% year-over-year to $4.1 million; the TTM figure through Jan 2026 stood at $402.4 million (up 8.37% YoY), while the FY2025 annual figure was $573.1 million, up 27.26% from the prior year.
• Other Working Capital Changes grew to $4.1 million in Q1 2026 per ZS's latest filing, from -$191.1 million in the prior quarter.
• Across five years, Other Working Capital Changes topped out at $29.4 million in Q3 2025 and bottomed at -$9.0 million in Q1 2022.
• Historically, Other Working Capital Changes has averaged $9.3 million across 5 years, with a median of $8.8 million in 2024.
• Annual changes were most pronounced in 2022 — Other Working Capital Changes plunged 188.26% — and 2025, when it soared 52.38%.
• Zscaler's Other Working Capital Changes stood at -$15.3 million in 2022, then slumped by 161.76% to -$40.2 million in 2023, then plunged by 177.07% to -$111.3 million in 2024, then sank by 71.8% to -$191.1 million in 2025, then soared by 102.12% to $4.1 million in 2026.
• Business Quant data shows ZS's Other Working Capital Changes at $4.1 million in Q1 2026, -$191.1 million in Q4 2025, and $483.0 million in Q3 2025.