Company / Working Capital
Zscaler, Inc. Working Capital History
FY2017-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Working Capital
$2.5B
FY2025
5-year range
$283.7M / $2.5B
FY2021-FY2025
Trend
+768.7%
vs FY2024
Sector context
#43 of 311
Information Technology
What the data says
Working Capital changed +769% YoY in FY2025, a notable deviation from the 8-year average annual change of +241%.
Based on SEC 10-K filings.
$2.5B in FY2025 with a 5-year CAGR of +16.3%. Top quartile in the Information Technology sector.
Improved from $1.4B to $2.5B over the past 2 years.
Information Technology sector context is included.
Working Capital over time
Growth rates
- 3-Year CAGR
- +30.0%
- 5-Year CAGR
- +16.3%
- 10-Year CAGR
- -
Sector benchmark
Top 14% in Information TechnologyTop 14% of 311This company $2.5B Sector average $1.7B
▼
+43.7% above sector average
Key checks
Key Insights
- 5-year CAGR of +16.3%, indicating consistent growth.
- In FY2025, working capital increased 768.7% year-over-year.
- Ranks #43 out of 311 companies in the Information Technology sector.
- Lowest working capital in the period was in FY2017.
Company context
Key Data Points
- Altman Z-Score 0.64 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Working CapitalValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $2.5B | +768.7% |
| FY2024 | $283.7M | -79.1% |
| FY2023 | $1.4B | +20.7% |
| FY2022 | $1.1B | -0.5% |
| FY2021 | $1.1B | -2.6% |
| FY2020 | $1.2B | +394.5% |
| FY2019 | $234.1M | +14.6% |
| FY2018 | $204.3M | +810.2% |
| FY2017 | $22.4M | - |
| FY2016 | - | - |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026