ZSCALER, INC. (ZS) Financial Analysis — Fisclear

Valuation

IT Services

Live · Yahoo Finance

Price

$139.70

52-Week Range

$114.63$139.70 now$336.99

Decision Context

Scores are balanced across the six engines. No single dimension dominates — this is consistent with a stable, mid-tier quality business.

Based on filing period ending Apr 2026

FisclearScore is a quantitative model using public financial data and sector median benchmarks (refreshed monthly). Not financial advice. Always conduct independent due diligence.

ZS vs

Macro Context

Fed Funds Rate

3.64%

Accommodative

10-Year Treasury

4.32%

2026-04-01

Unemployment

4.3%

Near full employment

CPI Index

332.4

2026-04-01

M2 Money Supply

$22.8T

2026-04-01

The Federal Funds rate stands at 3.64% — a moderately elevated rate environment that raises borrowing costs across the economy; 10-year Treasury yields are at 4.32%, setting the benchmark for long-term corporate borrowing; Unemployment stands at 4.3%; Industrial production index is at 102.5; M2 money supply is $22.8T; CPI index stands at 332.4.

SWOT Analysis — ZS

Inflationary Boom

Macro lens (Inflationary Boom): Rising costs and tighter margins amplify financial risks in this regime.

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Strengths

Total Assets: $6.4B (+36.4% YoY) — Total assets grew 36% — the company's resource base expanded.
EPS (Diluted): $-0.27 (+30.8% YoY) — Negative EPS — the company recorded a loss on a per-share basis.
Net Income: -$41.5M (+28.1% YoY) — The company posted a net loss — total expenses exceeded total revenue.
Operating Cash Flow: $972.5M (+24.7% YoY) — Operating cash flow grew 25% — the business generated more cash from day-to-day operations.
Revenue: $2.7B (+23.3% YoY) — Revenue grew 23% — the company sold more goods or services than the prior year.

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Weaknesses

R&D spending is 25% of revenue — heavy investment in future growth, but also a drag on current profitability.

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Opportunities

No clear opportunities identified at this time.

⚠

Threats

Net loss of $41.5M — the company spent more than it earned. Investors should monitor the path to profitability.

Financial Charts

Revenue vs Net Income

Gross Profit vs Operating Income

Margin Trend

Operating Cash Flow

Year-over-Year Changes

Total Assets

$6.4B

was $4.7B

+36.4%

Total assets grew 36% — the company's resource base expanded.

EPS (Diluted)

$-0.27

was $-0.39

+30.8%

Negative EPS — the company recorded a loss on a per-share basis.

Net Income

-$41.5M

was -$57.7M

+28.1%

The company posted a net loss — total expenses exceeded total revenue.

Operating Cash Flow

$972.5M

was $779.8M

+24.7%

Operating cash flow grew 25% — the business generated more cash from day-to-day operations.

Revenue

$2.7B

was $2.2B

+23.3%

Revenue grew 23% — the company sold more goods or services than the prior year.

Risk Flags

1 high · 0 medium · 1 low

⚠ High
Net loss of $41.5M — the company spent more than it earned. Investors should monitor the path to profitability.
○ Low
R&D spending is 25% of revenue — heavy investment in future growth, but also a drag on current profitability.