Zscaler (WBO:ZSCA) Beginning Cash Position: €1,028 Mil (As of Apr. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

WBO:ZSCA Zscaler Inc WBO:ZSCA
49 GF Score
Price €130.40
GF Value €253.40
Valuation Possible Value Trap
! 2 Warning Signs
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What is Zscaler Beginning Cash Position?

Zscaler WBO:ZSCA -0.61% 49 Beginning Cash Position is €1,028 Mil as of Apr. 2026. GuruFocus rates WBO:ZSCA with a GF Score™ of 49/100 and a GF Value™ of €253.40 (Possible Value Trap). The stock has 2 warning signs investors should review.

Zscaler's Beginning Cash Position for the quarter that ended in Apr. 2026 was €1,028 Mil.

Zscaler's quarterly Beginning Cash Position declined from Oct. 2025 (€2,052 Mil) to Jan. 2026 (€1,139 Mil) and declined from Jan. 2026 (€1,139 Mil) to Apr. 2026 (€1,028 Mil).

Zscaler's annual Beginning Cash Position increased from Jul. 2023 (€916 Mil) to Jul. 2024 (€1,164 Mil) and increased from Jul. 2024 (€1,164 Mil) to Jul. 2025 (€1,220 Mil).

Zscaler Beginning Cash Position Related Terms

Zscaler Beginning Cash Position Historical Data

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The historical data trend for Zscaler's Beginning Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Zscaler Beginning Cash Position Chart

Zscaler Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 120.01 271.21 915.94 1,163.75 1,219.58

Zscaler Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Beginning Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,565.07 1,706.19 2,052.17 1,138.80 1,028.35
WBO:ZSCA
49GF Score
Zscaler Inc WBO:ZSCA
Beginning Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
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Zscaler Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of €1,028 Mil mean?
Zscaler (WBO:ZSCA) has a Beginning Cash Position of €1,028 Mil as of Apr. 2026. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Zscaler and its competitors.
Is Zscaler's Beginning Cash Position too high?
Zscaler's current Beginning Cash Position is €1,028 Mil. Overall, Zscaler has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Zscaler's Beginning Cash Position compare to OKTA and CPAY?
Zscaler's Beginning Cash Position of €1,028 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for a Software company?
A good Beginning Cash Position depends on the Software industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Zscaler and its competitors. Zscaler's current Beginning Cash Position is €1,028 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zscaler stock overvalued right now?
Based on GuruFocus' analysis, Zscaler (WBO:ZSCA) is currently considered Possible Value Trap. The stock's GF Value™ is €253.40, compared to a current price of €130.40 — trading 48.5% below its estimated fair value. The current Beginning Cash Position is €1,028 Mil. Zscaler's overall GF Score™ is 49/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For Zscaler (WBO:ZSCA), the current Beginning Cash Position is €1,028 Mil as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Zscaler (WBO:ZSCA) Overvalued in 2026?

Based on GuruFocus' analysis, Zscaler stock appears to be undervalued. The current stock price of €130.40 is trading 48.5% below its estimated GF Value™ of €253.40. GuruFocus considers Zscaler to be Possible Value Trap.

Key valuation signals for WBO:ZSCA:

  • Beginning Cash Position: €1,028 Mil
  • GF Value™: €253.40 vs. price of €130.40 (48.5% below fair value)
  • GF Score™: 49/100 with 2 warning signs

No single metric tells the full story. See the WBO:ZSCA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Zscaler Business Description

Address 120 Holger Way, San Jose, CA, USA, 95134
Zscaler is a software-as-a-service, or SaaS, firm focusing on providing cloud-native cybersecurity solutions to primarily enterprise customers. Zscaler's offerings can be broadly partitioned into Zscaler Internet Access, which provides secure access to external applications, and Zscaler Private Access, which provides secure access to internal applications. The firm is headquartered in San Jose, California, and went public in 2018.
49GF Score

Get the complete analysis for WBO:ZSCA

Beginning Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€130.40
Price
€253.40
GF Value