Zscaler (ZS) FCF conversion US GAAP (year values)

FY2022 FY2023 FY2024 FY2025 FY2026   LTM ? 5 years average
FCF conversion, % -126.1% -434.9% 902.8% 646.5% 456.9%   685.3%  
Changes by years, y/y, % +10pp -309pp +1 338pp -256pp -190pp     +289%

Zscaler. FCF conversion, %

Zscaler. FCF conversion, changes, pp

Zscaler (ZS) FCF conversion US GAAP (quarter values)

FY2025Q4 FY2026Q1 FY2026Q2 FY2026Q3 FY2026Q4   LTM ?
FCF conversion, % 495.5% 1 180% 824.9% 589.9% 64.4%   685.3%
Changes by years, y/y, % -96pp -24pp -166pp +283pp -431pp    
Changes by quarters, q/q, % +189pp +684pp -355pp -235pp -526pp    

Zscaler. FCF conversion, %

Zscaler. FCF conversion, changes, pp

Zscaler. FCF conversion, changes, pp