Zscaler (XSWX:ZS) Retained Earnings: CHF-984 Mil (As of Apr. 2026)


XSWX:ZS Zscaler Inc XSWX:ZS
66 GF Score
Price CHF118.58
GF Value CHF230.92
! 2 Warning Signs
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What is Zscaler Retained Earnings?

Zscaler XSWX:ZS 66 Retained Earnings is CHF-984 Mil as of Apr. 2026. GuruFocus rates XSWX:ZS with a GF Score™ of 66/100 and a GF Value™ of CHF230.92. The stock has 2 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Zscaler's retained earnings for the quarter that ended in Apr. 2026 was CHF-984 Mil.

Zscaler's quarterly retained earnings declined from Oct. 2025 (CHF-958 Mil) to Jan. 2026 (CHF-975 Mil) and declined from Jan. 2026 (CHF-975 Mil) to Apr. 2026 (CHF-984 Mil).

Zscaler's annual retained earnings declined from Jul. 2023 (CHF-951 Mil) to Jul. 2024 (CHF-1,024 Mil) but then increased from Jul. 2024 (CHF-1,024 Mil) to Jul. 2025 (CHF-950 Mil).


Zscaler  (XSWX:ZS) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Zscaler Retained Earnings Historical Data

* Premium members only.

The historical data trend for Zscaler's Retained Earnings 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 Retained Earnings Chart

Zscaler Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -551.91 -962.22 -951.13 -1,023.74 -950.34

Zscaler Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Retained Earnings 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 -977.08 -950.34 -957.94 -975.29 -984.00
XSWX:ZS
66GF Score
Zscaler Inc XSWX:ZS
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Zscaler Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of CHF-984 Mil mean?
Zscaler (XSWX:ZS) has a Retained Earnings of CHF-984 Mil as of Apr. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Zscaler and its competitors.
Is Zscaler's Retained Earnings too high?
Zscaler's current Retained Earnings is CHF-984 Mil. Overall, Zscaler has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does Zscaler's Retained Earnings compare to ?
Zscaler's Retained Earnings of CHF-984 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 Retained Earnings for a Software company?
A good Retained Earnings depends on the Software industry context. However, Retained Earnings 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 Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Zscaler and its competitors. Zscaler's current Retained Earnings is CHF-984 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?
Zscaler (XSWX:ZS) has a current Retained Earnings of CHF-984 Mil. The stock's GF Value™ is CHF230.92, compared to a current price of CHF118.58 — trading 48.6% below its estimated fair value. The current Retained Earnings is CHF-984 Mil. Zscaler's overall GF Score™ is 66/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Zscaler (XSWX:ZS), the current Retained Earnings is CHF-984 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 (XSWX:ZS) Overvalued in 2026?

Based on GuruFocus' analysis, Zscaler stock appears to be undervalued. The current stock price of CHF118.58 is trading 48.6% below its estimated GF Value™ of CHF230.92.

Key valuation signals for XSWX:ZS:

  • Retained Earnings: CHF-984 Mil
  • GF Value™: CHF230.92 vs. price of CHF118.58 (48.6% below fair value)
  • GF Score™: 66/100 with 2 warning signs

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


Zscaler Business Description

Comparable Companies
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.
66GF Score

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

CHF118.58
Price
CHF230.92
GF Value