ZSCALER, INC. — Cash Flow Charts
12 quarters of history · ending 2026-01-31 · SEC EDGAR
Source:10-K · 10-Q
Capital Allocation
How management deploys cash: investing in the business (Capex + M&A) vs returning to shareholders (Buybacks + Dividends).
Capital Allocation Waterfall
Buybacks vs Stock-Based Comp
Cash Flow
Cash Flow by Activity
Operating Cash Flow↑+13.7% +$25M
$204M
Free Cash Flow↑+13.3% +$22M
$186M
Investing Cash Flow↓-644.9% -$1.30B
$-1.50B
Financing Cash Flow↓-14.1% -$4M
$21M
Capex↑+18.2% +$3M
$18M
Acquisitions↓-100.0% -$834K
$0
Stock Buybacks
—
Stock-Based Comp↑+25.8% +$44M
$217M
Debt Issued
—
D&A↓-50.7% -$22M
$22M
SBC Allocated Expense↑+25.8% +$44M
$217M
SBC Unrecognized Cost↑+4.8% +$37M
$823M