Zscaler Inc

For the period ended Jul 31, 2024. Filed Sep 12, 2024.

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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Sep 12, 2024

ZS$194.92-2.1%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Cash Flows for the years ended

	Year Ended July 31,
	2024	2023	2022
Cash Flows From Operating Activities
Net loss	$(57,706)	$(202,335)	$(390,278)
Adjustments to reconcile net loss to cash provided by operating activities:
Depreciation and amortization expense	66,308	55,756	40,456
Amortization expense of acquired intangible assets	14,624	11,060	9,010
Amortization of deferred contract acquisition costs	130,139	98,718	68,531
Amortization of debt issuance costs	3,914	3,894	55,141
Non-cash operating lease costs	49,445	32,212	25,626
Stock-based compensation expense	527,676	444,834	409,562
Amortization (accretion) of investments purchased at a premium (discount)	(19,062)	(6,582)	6,580
Unrealized (gains) losses on hedging transactions	753	(3,319)	1,499
Deferred income taxes	(5,633)	352	(562)
Other	3,320	(820)	(1,104)
Changes in operating assets and liabilities, net of effects of business combinations:
Accounts receivable	(152,960)	(183,858)	(143,336)
Deferred contract acquisition costs	(200,303)	(176,950)	(158,503)
Prepaid expenses, other current and noncurrent assets	(39,971)	(39,922)	(10,287)
Accounts payable	4,164	(8,416)	14,358
Accrued expenses, other current and noncurrent liabilities	43,556	26,814	13,377
Accrued compensation	10,507	24,538	18,326
Deferred revenue	450,314	418,564	391,179
Operating lease liabilities	(49,239)	(32,197)	(27,663)
Net cash provided by operating activities	779,846	462,343	321,912
Cash Flows From Investing Activities
Purchases of property, equipment and other assets	(144,588)	(97,197)	(69,296)
Capitalized internal-use software	(50,308)	(31,527)	(21,284)
Payments for business acquisitions, net of cash acquired	(374,702)	(15,643)	(25,287)
Purchase of strategic investments	(2,000)	(3,206)	—
Purchases of short-term investments	(1,291,015)	(1,064,143)	(844,944)
Proceeds from maturities of short-term investments	1,132,268	901,849	1,334,874
Proceeds from sale of short-term investments	47,165	50,530	—
Net cash provided (used) by investing activities	(683,180)	(259,337)	374,063
Cash Flows From Financing Activities
Proceeds from issuance of common stock upon exercise of stock options	12,249	3,944	6,943
Proceeds from issuance of common stock under the employee stock purchase plan	51,998	42,263	34,649
Payment of deferred consideration related to business acquisitions	—	(215)	(250)
Other	(39)	(2)	(5)
Net cash provided by financing activities	64,208	45,990	41,337
Net increase in cash and cash equivalents	160,874	248,996	737,312
Cash and cash equivalents at beginning of period	1,262,206	1,013,210	275,898
Cash and cash equivalents at end of period	$1,423,080	$1,262,206	$1,013,210

	Year Ended July 31,
	2024	2023	2022
Supplemental Disclosure of Cash Flow Information
Cash paid for income taxes, net of tax refunds	$23,123	$14,940	$5,606
Cash paid for interest expense	$1,436	$1,438	$1,438
Non-Cash Activities
Operating lease right-of-use assets obtained in exchange for operating lease obligations, net of terminations	$64,700	$29,129	$51,962
Equity consideration for business acquisitions	$3,805	$—	$—
Net change in purchased equipment included in accounts payable and accrued expenses	$1,111	$1,588	$(997)

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.