Zscaler reported cash from operations of $204.07M and free cash flow of $186.68M for the quarter ended Jan 2026, up 13.7% year over year. This cash flow statement covers 36 quarters of results from Apr 2017 through Jan 2026, standardized by Business Quant from the company’s SEC filings.
| Cash Flow Statement | Apr2017 | Jul2017 | Oct2017 | Jan2018 | Apr2018 | Jul2018 | Oct2018 | Jan2019 | Apr2019 | Jul2019 | Oct2019 | Jan2020 | Apr2020 | Jul2020 | Oct2020 | Jan2021 | Apr2021 | Jul2021 | Oct2021 | Jan2022 | Apr2022 | Jul2022 | Oct2022 | Jan2023 | Apr2023 | Jul2023 | Oct2023 | Jan2024 | Apr2024 | Jul2024 | Oct2024 | Jan2025 | Apr2025 | Jul2025 | Oct2025 | Jan2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||||||||||||||||||||||
| Net Income | -58.46M | -81.02M | -90.82M | -100.46M | -101.39M | -97.60M | -68.16M | -57.46M | -46.06M | -30.67M | -33.49M | -28.50M | 19.12M | -14.88M | -12.05M | -7.72M | -4.14M | -17.58M | -11.62M | -34.31M | ||||||||||||||||
| Share-based CompensationStock Comp. | 59.97M | 80.00M | 89.90M | 98.99M | 105.85M | 114.82M | 105.17M | 109.74M | 107.82M | 122.10M | 129.14M | 140.43M | 113.24M | 144.87M | 157.18M | 172.12M | 159.40M | 172.65M | 188.59M | 216.55M | ||||||||||||||||
| Deferred Taxes | 0.52M | 0.90M | 0.22M | 0.44M | -0.14M | 0.04M | -0.07M | 0.06M | -0.15M | -0.19M | 0.04M | 1.39M | 4.33M | -0.14M | -0.19M | 17.55M | 0.48M | -3.49M | 3.70M | -2.15M | ||||||||||||||||
| Asset Writedowns and ImpairmentWritedown | ||||||||||||||||||||||||||||||||||||
| Cash from OperationsCash from Ops. | 73.37M | 44.74M | 93.27M | 48.26M | 77.24M | 103.14M | 128.46M | 89.48M | 108.47M | 135.94M | 260.81M | 142.07M | 173.41M | 203.56M | 331.33M | 179.43M | 211.08M | 250.60M | 448.28M | 204.07M | ||||||||||||||||
| Depreciation, Depletion & Amortization | ||||||||||||||||||||||||||||||||||||
| Amortizatization of IntangiblesAmort. of Intangibles | 5.66M | 5.84M | 6.03M | 6.38M | 6.58M | 6.64M | 7.11M | 7.88M | 8.33M | 8.89M | 9.90M | 11.73M | 13.28M | 14.53M | 15.66M | 15.91M | 16.33M | 15.10M | 18.45M | 20.31M | ||||||||||||||||
| Amortization of Deferred ChargesAmort. Deferred Charges | 0.66M | 13.28M | 13.48M | 0.69M | 0.70M | 14.10M | 0.97M | 0.97M | 0.97M | 0.97M | 0.98M | 0.98M | 0.98M | 0.98M | 0.98M | 0.98M | 0.98M | 1.35M | 2.04M | 2.00M | ||||||||||||||||
| Depreciation & Amortization (CF)Dep. & Amort. | ||||||||||||||||||||||||||||||||||||
| Change in Working Capital | ||||||||||||||||||||||||||||||||||||
| Change in ReceivablesChange Receivables | -4.55M | 91.48M | -84.93M | 97.55M | 2.83M | 127.89M | -130.64M | 89.84M | 17.80M | 206.86M | -215.08M | 112.71M | 23.97M | 231.37M | -311.98M | 89.93M | 101.54M | 376.52M | -482.86M | 21.33M | ||||||||||||||||
| Change in Account PayablesChange Payables | 1.79M | 1.03M | -1.09M | 0.98M | 3.07M | 11.39M | 3.00M | 2.23M | -9.31M | -4.34M | 4.60M | -7.01M | 9.93M | -3.36M | 1.04M | -0.94M | 28.85M | -11.41M | -2.94M | -19.18M | ||||||||||||||||
| Change in Accured ExpensesChange Accured Exp. | 9.85M | 32.29M | -20.95M | 11.20M | 19.91M | 8.18M | -32.80M | 15.15M | 32.51M | 11.95M | -39.23M | 45.25M | 8.63M | 28.91M | -34.43M | 14.05M | 13.35M | 28.03M | -54.82M | 25.28M | ||||||||||||||||
| Other Working Capital ChangesOther WC Changes | 49.53M | 134.01M | 17.38M | 112.21M | 59.00M | 202.58M | -15.34M | 106.20M | 63.39M | 264.31M | -40.15M | 102.63M | 69.88M | 317.96M | -111.25M | 94.78M | 106.48M | 483.04M | -191.13M | 4.05M | ||||||||||||||||
| Investing Activities | ||||||||||||||||||||||||||||||||||||
| Capital ExpendituresCapex | 14.81M | 13.95M | 6.45M | 13.99M | 27.60M | 21.25M | 25.20M | 18.68M | 26.24M | 27.07M | 28.66M | 30.89M | 35.65M | 49.38M | 22.43M | 20.99M | 60.79M | 60.05M | 17.67M | 17.39M | ||||||||||||||||
| Acquisitions | 29.42M | 11.11M | 24.91M | 15.64M | 4.38M | 357.40M | 12.92M | 0.83M | 672.78M | |||||||||||||||||||||||||||
| Change in Acquisitions & DivestmentsChange Acquisitions | 278.93M | 222.47M | 322.68M | 306.73M | 325.87M | 379.60M | 186.10M | 400.70M | 161.37M | 153.68M | 253.85M | 340.84M | 244.57M | 293.01M | 268.65M | 336.35M | 270.89M | 225.13M | 93.59M | 149.21M | ||||||||||||||||
| Cash from Investing ActivitiesCash from Investing | -64.79M | 103.12M | -0.07M | -23.87M | 106.52M | 291.49M | -57.70M | 70.05M | -91.27M | -180.41M | -162.54M | -86.20M | -360.24M | -74.19M | -201.66M | 0.52M | 21.70M | -247.58M | -1502.21M | -360.91M | ||||||||||||||||
| Financing Activities | ||||||||||||||||||||||||||||||||||||
| Other financing activitiesOther financing | 2.67M | 11.79M | 2.64M | 8.87M | 23.14M | 0.98M | 10.43M | 30.85M | 1.26M | 17.15M | 33.59M | 0.89M | 21.45M | 41.22M | 3.98M | 17.52M | ||||||||||||||||||||
| Cash from Financing ActivitiesCash from Financing | 2.67M | 21.45M | 2.59M | 13.73M | 1.32M | 23.69M | 0.98M | 12.53M | 1.09M | 31.39M | 1.26M | 21.00M | 7.44M | 34.51M | 0.89M | 24.91M | -0.40M | 395.11M | 3.10M | 21.40M | ||||||||||||||||
| Additional items | ||||||||||||||||||||||||||||||||||||
| Change in Cash | 11.24M | 169.31M | 95.80M | 38.12M | 185.07M | 418.32M | 71.73M | 172.07M | 18.29M | -13.09M | 99.52M | 76.86M | -179.39M | 163.88M | 130.56M | 204.86M | 232.38M | 398.13M | -1050.83M | -135.44M | ||||||||||||||||
| Free Cash FlowFCF | 58.56M | 30.79M | 86.82M | 34.27M | 49.64M | 81.89M | 103.25M | 70.80M | 82.22M | 108.87M | 232.15M | 111.17M | 137.76M | 154.17M | 308.91M | 158.45M | 150.29M | 190.56M | 430.61M | 186.68M | ||||||||||||||||
| Net Cash FlowNCF | 11.24M | 169.31M | 95.80M | 38.12M | 185.07M | 418.32M | 71.73M | 172.07M | 18.29M | -13.09M | 99.52M | 76.86M | -179.39M | 163.88M | 130.56M | 204.86M | 232.38M | 398.13M | -1050.83M | -135.44M |