← Zscaler, Inc.
| Annual Trend | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | $135.6m | $78.5m | $141.9m | $275.9m | $1.0b | $1.3b | $1.4b | $2.4b | |
| Short-term investments | $163.0m | $286.2m | $1.2b | $1.2b | $718.1m | $838.0m | $986.6m | $1.2b | |
| Accounts receivable, net | $61.6m | $93.3m | $147.6m | $257.1m | $399.7m | $582.6m | $736.5m | $992.2m | |
| Prepaid expenses and other current assets | $10.9m | $16.9m | $31.4m | $31.3m | $39.4m | $91.6m | $101.6m | $148.9m | |
| Total current assets | $387.2m | $496.1m | $1.6b | $1.8b | $2.3b | $2.9b | $3.4b | $4.9b | |
| Property and equipment, net | $19.8m | $41.0m | $75.7m | $108.6m | $160.6m | $242.4m | $383.1m | $543.4m | |
| Acquired intangible assets, net | $0 | $8.7m | $24.0m | $32.1m | $31.8m | $25.9m | $63.8m | $47.3m | |
| Goodwill | $0 | $7.5m | $30.1m | $59.0m | $78.5m | $89.2m | $417.0m | $417.7m | |
| Operating lease right-of-use assets | — | $16.9m | $36.1m | $44.3m | $72.4m | $70.7m | $89.8m | $89.8m | |
| Other noncurrent assets | $1.1m | $2.3m | $8.1m | $15.7m | $21.9m | $30.5m | $58.1m | $98.7m | |
| Deferred contract acquisition costs | $16.1m | $21.2m | $32.2m | $57.4m | $86.2m | $115.8m | $148.9m | $180.8m | |
| Deferred contract acquisition costs, noncurrent | $39.8m | $48.6m | $77.7m | $149.7m | $210.8m | $259.4m | $296.5m | $328.7m | |
| Accrued expenses and other current liabilities | $13.9m | $12.8m | $16.4m | $22.9m | $46.5m | $65.0m | $91.7m | $94.0m | |
| Deferred revenue | $140.7m | $221.4m | $337.3m | $571.3m | $923.7m | $1.3b | $1.6b | $2.1b | |
| Convertible senior notes | — | — | — | — | — | $0 | $1.1b | $0 | |
| Operating lease liabilities | — | — | $15.6m | $19.8m | $26.1m | $34.5m | $50.9m | $52.5m | |
| Convertible senior notes, noncurrent | — | $0 | $861.6m | $913.5m | $968.7m | $1.1b | $0 | $1.7b | |
| Operating lease liabilities, noncurrent | — | — | $28.0m | $31.2m | $50.9m | $41.9m | $44.8m | $43.4m | |
| Total stockholders’ equity | $240.2m | $308.6m | $484.8m | $528.9m | $573.3m | $725.1m | $1.3b | $1.8b | |
| Total assets | $447.8m | $604.2m | $1.8b | $2.3b | $2.8b | $3.6b | $4.7b | $6.4b | |
| Total liabilities and stockholders’ equity | $447.8m | $604.2m | $1.8b | $2.3b | $2.8b | $3.6b | $4.7b | $6.4b | |
| Accounts payable | $4.9m | $6.2m | $5.2m | $12.5m | $26.2m | $18.5m | $23.3m | $46.9m | |
| Accrued compensation | $23.4m | $21.5m | $49.4m | $93.6m | $111.9m | $136.8m | $160.8m | $181.8m | |
| Deferred revenue, noncurrent | $23.4m | $29.8m | $32.5m | $59.3m | $97.4m | $158.5m | $251.1m | $413.6m | |
| Total current liabilities | $182.8m | $261.9m | $423.9m | $720.2m | $1.1b | $1.5b | $3.1b | $2.4b | |
| Other noncurrent liabilities | $1.4m | $3.8m | $2.6m | $4.5m | $7.9m | $12.7m | $22.1m | $33.3m | |
| Total liabilities | $207.5m | $295.6m | $1.3b | $1.7b | $2.3b | $2.9b | $3.4b | $4.6b | |
| Preferred stock; $0.001 par value; 200,000 shares authorized as of July 31, 2025 and 2024, respectively; no shares issued and outstanding as of July 31, 2025 and 2024 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Common stock; $0.001 par value; 1,000,000 shares authorized as of July 31, 2025 and 2024, respectively; 158,301 and 152,490 shares issued and outstanding as of July 31, 2025 and 2024, respectively | 119k | 127k | 133k | 139k | 143k | 147k | 152k | 159k | |
| Additional paid-in capital | $438.4m | $532.6m | $823.8m | $1.1b | $1.6b | $1.8b | $2.4b | $3.0b | |
| Accumulated other comprehensive income (loss) | ($124k) | $268k | $463k | ($650k) | ($25.9m) | ($1.6m) | ($4.8m) | $8.1m | |
| Accumulated deficit | ($196.1m) | ($224.5m) | ($339.6m) | ($601.6m) | ($991.9m) | ($1.1b) | ($1.1b) | ($1.2b) |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.