OakChart

Zscaler Inc

ZSTechnology·Software - Infrastructure·USA·Large·NASD·Nov 11 • 1:06 PM ET

196.17+1.25 (0.64%)
2026-11-11 19:06 CET
Market cap
31,782.68 USD m
Revenue, TTM
3,352.52 USD m
Net income, TTM
-63.18 USD m
Free cash flow, TTM
779.14 USD m
EPS diluted, TTM
-0.40
P/E
-
Compare

Price

ZS against its 20, 50 and 200-day averages
2050200beatearnings
150.00200.00250.0015.9M31.8MMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26ZSclose 196.1720-day 225.3150-day 208.80200-day 166.73196.1752w low

41.2% under the 52-week high of 333.90 on 12 Nov 2025. 52-week low 114.63 on 10 Apr 2026. Last 15 sessions, 41.8% high to low

Profile

ZS
52-week range, 37% of the way up
114.62333.9

Zscaler, Inc. engages in the provision of a cloud-based internet security platform. It offers Zero Trust Exchange, Zscaler Client Connector, Zscaler Internet Access, Zscaler Private Access, Zscaler B2B, Zscaler Cloud Protection, and Zscaler Digital Experience. The company was founded by Jagtar Singh Chaudhry and K. Kailash in September 2007 and is headquartered in San Jose, CA.

IndexRUI
Employees8700
IPOMar 16, 2018
Beta0.86
ATR, 14d12.32
Rel volume0.40
Short float5.54%
Insider own34.90%
Inst own50.43%

Snapshot

6 groups

Valuation

IndexRUI
Market Cap31.99B
Enterprise Value30.37B
Income-63.18M
Sales3.35B
Book/sh15.93
Cash/sh21.31
Dividend Est.-
Dividend TTM-
Dividend Ex-Date-
Dividend Gr. 3/5Y- -
Payout-
Employees8700
IPOMar 16, 2018

Ratios

P/E-
Forward P/E35.03
PEG2.21
P/S9.54
P/B12.31
P/C9.21
P/FCF41.05
EV/EBITDA444.11
EV/Sales9.06
Quick Ratio1.63
Current Ratio1.63
Debt/Eq0.71
LT Debt/Eq0.69
Option/ShortYes / Yes

Earnings

EPS (ttm)-0.40
EPS next Y5.60
EPS next Q1.16
EPS this Y15.88%
EPS next Y14.78%
EPS next 5Y15.87%
EPS past 3/5Y34.39% 27.23%
Sales past 3/5Y27.51% 37.87%
EPS Y/Y TTM-47.39%
Sales Y/Y TTM25.42%
EPS Q/Q81.48%
Sales Q/Q24.88%
EarningsDec 02 AMC
EPS/Sales Surpr.9.32% 2.42%

Ownership

Insider Own34.90%
Insider Trans-0.14%
Inst Own50.43%
Inst Trans-11.59%
ROA-0.88%
ROE-2.87%
ROIC-1.44%
Gross Margin76.38%
Oper. Margin-3.65%
Profit Margin-1.88%
SMA20-12.93%
SMA50-6.05%
SMA20017.66%
Trades-

Technical

Shs Outstand163.06M
Shs Float106.16M
Short Float5.54%
Short Ratio2.02
Short Interest5.88M
52W High333.90 -41.25%
52W Low114.62 71.14%
Volatility5.66% 5.80%
ATR (14)12.32
RSI (14)37.59
Beta0.86
Rel Volume0.40
Avg Volume2.92M
Volume674,229

Performance

Perf Week-12.60%
Perf Month-14.21%
Perf Quarter4.25%
Perf Half Y28.70%
Perf YTD-12.78%
Perf Year-40.79%
Perf 3Y12.07%
Perf 5Y-42.91%
Perf 10Y-
Recom1.57
Target Price238.16
Prev Close194.92
Price196.17
Change %0.64%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Oct 21, 2026InitiatedDDA DavidsonNeutral$215+9.6%
Sep 11, 2026ResumedWWedbushOutperform$215+9.6%
Sep 04, 2026ReiteratedBBMO Capital MarketsOutperform$178 → $200+2.0%
Jun 01, 2026UpgradeGGuggenheimNeutral → Buy$214+9.1%
May 27, 2026ReiteratedBBMO Capital MarketsOutperform$210 → $178-9.3%
May 27, 2026DowngradeEEvercore ISIOutperform → In-line$155-21.0%
May 18, 2026UpgradeRB. Riley SecuritiesNeutral → Buy$225+14.7%
Apr 22, 2026DowngradeMMorgan StanleyOverweight → Equal-Weight$155-21.0%
Apr 09, 2026DowngradeBBTIG ResearchBuy → Neutral
Mar 03, 2026InitiatedWWells FargoOverweight$200+2.0%

Peers

Mkt cap
TickerCompanyMkt cap
PANWPalo Alto Networks Inc278.75B
NTSKNetskope Inc9.21B
NETCloudflare Inc114.37B
FTNTFortinet Inc95.14B
CRWDCrowdstrike Holdings Inc239.84B
CHKPCheck Point Software Technologies Ltd14.88B
OKTAOkta Inc32.67B
AKAMAkamai Technologies Inc12.73B
SSentinelOne Inc8.61B
CSCOCisco Systems Inc400.76B

Insider trading

latest 14 of 83
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
Geller AdamChief Product OfficerNov 02 '26Option Exercise205.611,041214,04059,208Nov 03 05:01 PM
Geller AdamChief Product OfficerNov 02 '26Sale238.001,041247,75858,167Nov 03 05:01 PM
ADAM GELLEROfficerNov 02 '26Proposed Sale238.001,041247,758Nov 02 04:14 PM
RUBIN KEVINChief Financial OfficerOct 26 '26Sale259.15514133,20162,113Oct 27 04:23 PM
Geller AdamChief Product OfficerOct 09 '26Option Exercise205.6123,9584,926,00462,266Oct 13 04:47 PM
Geller AdamChief Product OfficerOct 12 '26Option Exercise205.611,042214,24639,350Oct 13 04:47 PM
Geller AdamChief Product OfficerOct 09 '26Sale225.4323,9585,400,96638,308Oct 13 04:47 PM
Geller AdamChief Product OfficerOct 12 '26Sale235.951,042245,86038,308Oct 13 04:47 PM
ADAM GELLEROfficerOct 12 '26Proposed Sale235.951,042245,860Oct 13 08:46 AM
ADAM GELLEROfficerOct 09 '26Proposed Sale225.4323,9585,400,966Oct 09 04:36 PM
RUBIN KEVINChief Financial OfficerSep 25 '26Sale197.28519102,39042,768Sep 28 08:20 PM
Kevin RubinOfficerSep 25 '26Proposed Sale214.641,547332,048Sep 25 04:56 PM
Geller AdamChief Product OfficerSep 21 '26Sale200.00661132,20038,308Sep 21 05:57 PM
Schlossman RobertChief Legal OfficerSep 21 '26Sale200.005,3941,078,80061,525Sep 21 05:52 PM

Held by

AUM
TickerCompanyAUM
VTIVanguard Morningstar Total Stock Market ETFAUM: 687.42B
CIBRFirst Trust NASDAQ Cybersecurity ETFAUM: 16.34B
VOVanguard Morningstar Mid-Cap ETFAUM: 107.07B
VUGVanguard Morningstar Growth ETFAUM: 217.67B
VXFVanguard Extended Market Index ETFAUM: 30.47B
VGTVanguard Information Technology ETFAUM: 138.05B
VOTVanguard Morningstar Mid-Cap Growth ETFAUM: 18.66B
HACKAmplify Cybersecurity ETFAUM: 3.30B
IWPiShares Russell Mid-Cap Growth ETFAUM: 18.09B
BUGGlobal X Cybersecurity ETFAUM: 2.04B

News

latest 14 of 206
  • Zscaler to Host First Quarter Fiscal Year 2027 Earnings Conference Call (GlobeNewswire) -9.16%
  • CrowdStrike Wins an Upgrade After Tech Selloff: 'You Ain't Seen Nothing Yet' (Barrons.com) -5.90%
  • Cybersecurity Stocks Tumble in Tech Selloff. A Crypto Bombshell Should Have Helped. (Barrons.com)
  • Investors selling cybersecurity stocks are 'missing the point,' says Cramer (MarketWatch)
  • Fortinet stock slumps after earnings, and other early market movers (MarketWatch)
  • Loading…
  • Top Analyst Reports for Intel, Novartis & Itau Unibanco (Zacks)
  • OptionMetrics flags hidden gems in commodities as wheat, soybeans outshine copper (Investing.com) +7.31%
  • Website PHP Flaws Spur a Cybersecurity Stock Rally-but Not All Are Buys (Barrons.com)
  • Don't ditch tech stocks just yet. Make these moves to take advantage of the latest AI reset. (MarketWatch) -5.92%
  • Cybersecurity Stocks Retreat From Record Highs Citi Raises CRWD, PANW, ZS Targets On Improving Spending Momentum (Stocktwits)
  • What Was Cloudflare Telling You Before Its Stock Ran? (Trefis)
  • Does Zscaler Stock's Run Make Any Sense? (Trefis)
  • What Did Fastly Stock Investors Miss Before The Run? (Trefis)

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2027Q12026-12-02-1.159--937.7343
2026Q42026-09-031.1901.089-0.020898.19876.9642
2026Q32026-05-261.0801.010-0.086850.48835.1443
2026Q22026-02-261.0100.894-0.215815.75798.3341
2026Q12025-11-250.9600.856-0.073788.11773.2843
2025Q42025-09-020.8900.800-0.112719.23706.9443
2025Q32025-05-290.8400.752-0.027678.03666.4640
2025Q22025-03-050.7800.687-0.050647.9634.3837
2025Q12024-12-020.7700.627-0.079627.96605.5138
2024Q42024-09-030.8800.704-0.098592.87567.4639
2024Q32024-05-300.8800.6570.124553.2536.1238
2024Q22024-02-290.7600.580-0.191525507.6238
2024Q12023-11-270.6700.490-0.227496.7473.3635
2023Q42023-09-050.6400.491-0.210455.01430.3837
2023Q32023-06-010.4800.422-0.317418.8411.5535
2023Q22023-03-020.3700.294-0.398387.6365.5438

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2020FY0.2400.150-0.890431.27410.64
2021FY0.5200.472-1.932673.1662.87
2022FY0.6900.646-2.7701,0911,078
2023FY1.7901.633-1.3961,6171,592
2024FY3.1903.014-0.3862,1682,143
2025FY3.2803.191-0.2692,6732,661
2026FY4.2104.124-0.3903,3533,332
2027FY-4.879--3,927
2028FY-5.600--4,569
2029FY-6.550--5,308
2030FY-7.430--6,182
2031FY-11.170--7,148

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2027Q1S2026-10-2741211937.73936.99943.96
2027Q1S2026-10-2041211937.73937943.96
2027Q1S2026-10-1941211937.73937943.96
2027Q1S2026-10-0640211937.72937943.96
2027Q1S2026-10-0540211937.72937943.96
2027Q1S2026-10-0240211937.72936.9943.96
2027Q1S2026-09-3040211937.72936.9943.96
2027Q1S2026-09-2939211937.7936.9943.96
2027Q1S2026-09-2439211937.7936.9943.96
2027Q1S2026-09-1139211937.7936.9943.96
2027Q1S2026-09-0939211937.7936.9943.96
2027Q1S2026-09-0439201937.15915.8943.96
2027Q1S2026-09-033700926.84905.4949.7
2027Q1S2026-09-013700926.84905.4949.7

Estimate history

EPS, annual-0.626-0.232-0.89-1.932-2.77-1.396-0.386-0.269-0.394
Period201820192020202120222023202420252026
EPS, quarterly-0.098-0.079-0.05-0.027-0.112-0.073-0.215-0.086-0.021
PeriodQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26
Sales, annual190.174302.836431.269673.11090.9461616.9522167.7712673.1153352.523
Period201820192020202120222023202420252026
Sales, quarterly592.868627.955647.9678.034719.226788.112815.751850.475898.185
PeriodQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26
Shares, annual119.764127.253132.817138.662143.038147.169152.49158.301163.055
Period201820192020202120222023202420252026
Shares, quarterly152.49153.415154.725155.696158.301159.468160.57161.71163.055
PeriodQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26

Income statement, annual

Currency USD, millions
MetricTTM2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY
Total Revenue3,352.523,352.522,673.112,167.771,616.951,090.95673.10431.27302.84
Cost of Goods Sold Incl. D&A791.72791.72619.58479.66362.48243.32150.6497.0960.06
Gross Profit2,560.802,560.802,053.531,688.111,254.47847.63522.46334.18242.77
Selling, General and Administrative Excl. Other2,683.282,683.282,173.201,811.991,469.911,175.06729.85429.04265.00
Research and Development903.50903.50667.26499.75347.52288.81174.6596.6061.96
Other Operating Expense0.000.000.000.000.000.000.000.000.00
Operating Income-122.47-122.47-119.67-123.88-215.44-327.43-207.40-94.85-22.23
Interest Expense12.1712.179.2913.096.8256.5853.365.030.00
Unusual Expense14.8814.886.470.047.320.000.4219.1013.08
Net Income Before Taxes-17.14-17.14-18.29-29.23-182.56-383.63-257.18-112.73-27.91
Income Taxes46.0446.0423.1928.4819.776.654.852.390.74
Consolidated Net Income-63.18-63.18-41.48-57.71-202.34-390.28-262.03-115.12-28.66
Net Income From Continuing Operations-63.18-63.18-41.48-57.71-202.34-390.28-262.03-115.12-28.66
Net Income-63.18-63.18-41.48-57.71-202.34-390.28-262.03-115.12-28.66
EPS (Recurring)-0.33-0.33-0.24-0.39-1.36-2.77-1.93-0.79-0.16
EPS (Basic, Before Extraordinaries)-0.40-0.39-0.27-0.39-1.40-2.77-1.93-0.89-0.23
EPS (Diluted)-0.40-0.39-0.27-0.39-1.40-2.77-1.93-0.89-0.23
EBITDA68.3869.541.52-42.95-116.42-183.81-109.39-35.267.72
Non-Operating Income (Expense)132.39132.39117.13107.7847.020.384.006.257.40
Other After Tax Adjustments0.000.000.000.000.000.000.000.000.00
Stock Option Compensation Expense657.77664.90522.47416.86351.42323.55188.7388.6233.89
Price To Sales Ratio7.307.2316.4912.3814.3820.0347.5438.9434.38
Gross Margin76.3876.3876.8277.8777.5877.7077.6277.4980.17
Operating Margin-3.65-3.65-4.48-5.71-13.32-30.01-30.81-21.99-7.34
Net Margin-1.88-1.88-1.55-2.66-12.51-35.77-38.93-26.69-9.46
Shares Outstanding163.06163.06158.30152.49147.17143.04138.66132.82127.25
Market Capitalization31,782.6831,782.6844,460.5527,108.5723,398.0021,997.2832,069.6116,947.7610,589.54

Income statement, quarterly

Currency USD, millions
Metric2026Q42026Q32026Q22026Q12025Q42025Q32025Q22025Q1
Total Revenue898.18850.48815.75788.11719.23678.03647.90627.96
Cost of Goods Sold Incl. D&A212.21196.61195.70187.20173.01155.86148.41142.30
Gross Profit685.98653.87620.05600.91546.22522.18499.49485.65
Selling, General and Administrative Excl. Other694.84682.00672.91633.52574.59544.61536.47517.53
Research and Development241.54232.49229.88199.59173.19169.29170.51154.28
Other Operating Expense0.000.000.000.000.000.000.000.00
Operating Income-8.87-28.14-52.86-32.61-28.38-22.43-36.99-31.88
Interest Expense2.892.903.313.082.041.972.283.00
Unusual Expense6.301.592.124.876.28-0.000.060.14
Net Income Before Taxes14.90-2.37-21.30-8.37-1.904.56-16.54-4.41
Income Taxes18.2711.5113.013.2415.688.69-8.817.64
Consolidated Net Income-3.37-13.88-34.31-11.62-17.58-4.12-7.72-12.05
Net Income From Continuing Operations-3.37-13.88-34.31-11.62-17.58-4.12-7.72-12.05
Net Income-3.37-13.88-34.31-11.62-17.58-4.12-7.72-12.05
EPS (Recurring)0.01-0.08-0.21-0.05-0.08-0.03-0.05-0.08
EPS (Basic, Before Extraordinaries)-0.02-0.09-0.21-0.07-0.11-0.03-0.05-0.08
EPS (Diluted)-0.02-0.09-0.21-0.07-0.11-0.03-0.05-0.08
EBITDA46.3520.80-7.458.685.9610.03-8.25-6.21
Non-Operating Income (Expense)32.9630.2537.0032.1834.7828.9622.7930.60
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Stock Option Compensation Expense170.01167.69171.08148.99142.83125.93135.97124.17
Price To Sales Ratio7.306.6210.6418.5416.7213.7612.8512.00
Gross Margin76.3776.8876.0176.2575.9577.0177.0977.34
Operating Margin-0.99-3.31-6.48-4.14-3.95-3.31-5.71-5.08
Net Margin-0.38-1.63-4.21-1.47-2.44-0.61-1.19-1.92
Shares Outstanding163.06161.71160.57159.47158.30155.70154.72153.41
Market Capitalization31,782.6821,012.1731,895.7952,419.7944,460.5534,994.1531,085.2127,568.67

Balance sheet, annual

Currency USD, millions
Metric2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Cash & Short Term Investments3,474.153,572.412,409.652,100.231,731.341,502.551,370.57364.65298.54
Short Term Receivables1,175.771,010.08747.23589.84401.05261.01147.5893.3461.61
Inventories0.000.000.000.000.000.000.000.000.00
Other Current Assets165.73130.9890.8684.4238.0527.3731.4016.8810.88
Total Current Assets4,815.664,713.473,247.742,774.492,170.441,790.931,549.55474.87371.03
Net Property, Plant & Equipment890.23633.15472.88313.03232.99152.91111.8541.0519.77
Total Investments and Advances18.1414.3010.6010.065.125.130.000.000.00
Long-Term Note Receivable-------0.002.05
Intangible Assets1,448.21480.75490.46122.05115.9793.7154.0816.190.00
Other Assets694.48578.21483.28388.69308.15214.95117.9772.0656.99
Total Assets7,866.716,419.894,704.973,608.322,832.662,257.631,833.46604.16449.83
Short Term Debt Incl. Current Port. of LT Debt64.8952.501,193.1434.4726.1019.8415.600.000.00
Accounts Payable47.9746.9123.3118.4826.1512.555.236.214.89
Other Current Liabilities2,848.452,330.211,896.441,482.921,082.19687.82403.07255.74177.94
Total Current Liabilities2,961.312,429.613,112.891,535.871,134.45720.21423.90261.95182.83
Long Term Debt1,790.931,744.0844.821,176.081,019.62944.76889.640.000.00
Provision for Risks Charges0.000.000.000.000.000.000.000.000.00
Other Liabilities516.21446.93273.15171.26105.3063.7735.0933.6624.71
Total Liabilities5,268.454,620.613,430.872,883.202,259.361,728.741,348.63295.60207.54
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity2,598.261,799.271,274.10725.11573.30528.89484.83308.56242.29
Total Shareholders Equity2,598.261,799.271,274.10725.11573.30528.89484.83308.56242.29
Accumulated Minority Interest0.000.000.000.000.000.000.000.000.00
Total Equity2,598.261,799.271,274.10725.11573.30528.89484.83308.56242.29
Total Liabilities & Stockholders Equity7,866.716,419.894,704.973,608.322,832.662,257.631,833.46604.16449.83
Book Value Per Share15.9311.378.364.934.013.813.652.422.02
Tangible Book Value Per Share7.058.335.144.103.203.143.242.302.02
Full-Time Employees8,7007,9237,3485,9624,9753,1532,0201,4801,050
Price to Book Ratio12.2324.6321.4732.5541.3863.5635.5734.7517.45
Return on Assets-0.88-0.75-1.39-6.28-15.33-12.81-9.44-5.44-10.50
Return on Equity-2.87-2.70-5.77-31.17-70.82-51.70-29.02-10.40-22.43
Return on Invested Capital-1.44-1.17-4.38-10.64-24.50-17.78-8.38-9.29-13.89
Quick Ratio1.631.941.041.811.912.493.661.812.03
Current Ratio1.631.941.041.811.912.493.661.812.03

Cash flow, annual

Currency USD, millions
MetricTTM2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY
Net Income-63.18-63.18-41.48-57.71-202.34-390.28-262.03-115.12-28.66
Depreciation192.01192.01121.1880.9399.03143.6298.0159.5929.96
Other Funds (Non Cash)1,118.771,118.77880.38696.18536.73471.68322.90127.4044.53
Funds from Operations1,227.221,227.22945.74713.78433.77224.46156.4770.7044.44
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital-97.56-97.5626.7266.0728.5797.4545.578.6113.59
Cash from Operating Activities1,129.651,129.65972.45779.85462.34321.91202.0479.3258.03
Capital Expenditures-350.51-350.51-245.76-194.90-128.72-90.58-58.30-51.81-30.16
Net Assets From Acquisitions-918.07-918.07-0.83-374.70-15.64-25.29-40.53-39.60-11.43
Sale of Fixed Assets and Businesses0.000.000.00-0.000.000.00-0.00
Purchase or Sale of Investments-1,384.15-1,384.15-180.43-113.58-114.97489.93-10.84-946.75-120.48
Purchase of Investments-2,264.69-2,264.69-1,281.45-1,293.02-1,067.35-844.94-818.56-1,257.63-335.19
Sale Or Maturity of Investments880.54880.541,101.031,179.43952.381,334.87807.72310.88214.71
Other Uses0.000.000.000.000.000.000.000.000.00
Other Sources0.000.000.000.000.000.000.000.000.00
Cash from Investing Activities-2,652.73-2,652.73-427.02-683.18-259.34374.06-109.67-1,038.16-162.07
Cash Dividends Paid0.000.000.000.000.000.000.000.000.00
Change in Capital Stock63.4063.4067.1464.2546.2141.5943.9236.9444.48
Repurchase of Common Pref Stock0.000.000.000.000.000.000.000.00-0.02
Sale of Common Pref Stock63.4063.4067.1464.2546.2141.5943.9236.9444.50
Proceedsfrom Stock Options0.000.000.000.000.000.000.000.00-1.80
Issuance or Reduction of Debt, Net-0.88-0.88354.160.000.000.000.00985.280.00
Change in Long Term Debt-0.88-0.88354.160.000.000.000.00985.280.00
Issuance of Long Term Debt0.000.001,725.000.000.000.000.001,130.520.00
Reduction of Long Term Debt-0.88-0.88-1,370.840.000.000.000.00-145.250.00
Net Financing Active Other Cash Flow-0.11-0.11-0.79-0.04-0.22-0.26-2.250.001.91
Other Financing Activities Uses-0.11-0.11-0.79-0.04-0.22-0.26-2.250.000.00
Cash from Financing Activities62.4162.41420.5164.2145.9941.3441.671,022.2146.38
Net Change in Cash-1,460.67-1,460.67965.94160.87249.00737.31134.0563.37-57.66
Free Cash Flow779.14779.14726.69584.95333.62231.33143.7427.5129.34
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.000.000.00
Price to Free Cash Flow31.4131.0960.6745.8669.6894.44222.63610.46354.84
Deferred Taxes & Investment Tax Credit--20.39-14.35-5.630.35-0.56-2.41-1.17-1.39

Balance sheet, quarterly

Currency USD, millions
Metric2026Q42026Q32026Q22026Q12025Q42025Q3
Cash & Short Term Investments3,474.153,539.113,512.753,321.273,572.413,005.59
Short Term Receivables1,175.77757.06575.52555.291,010.08630.39
Inventories0.000.000.000.000.000.00
Other Current Assets165.73161.31173.80146.84130.98113.67
Total Current Assets4,815.664,457.484,262.074,023.404,713.473,749.65
Net Property, Plant & Equipment890.23712.92682.96669.71633.15570.25
Total Investments and Advances18.1416.1715.7113.6914.3015.89
Intangible Assets1,448.211,286.171,210.271,225.75480.75485.33
Other Assets694.48625.34582.83570.53578.21518.51
Total Assets7,866.717,098.086,753.836,503.096,419.895,339.63
Short Term Debt Incl. Current Port. of LT Debt64.8966.7567.5968.4052.501,196.11
Accounts Payable47.9733.8729.0348.4046.9154.61
Other Current Liabilities2,848.452,400.322,244.352,188.932,330.211,917.68
Total Current Liabilities2,961.312,500.942,340.972,305.732,429.613,168.40
Long Term Debt1,790.931,794.431,796.801,765.641,744.0832.70
Provision for Risks Charges0.000.000.000.000.000.00
Other Liabilities516.21436.11420.11449.38446.93333.59
Total Liabilities5,268.454,731.484,557.884,520.764,620.613,534.69
Non-Equity Reserves0.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.00
Common Equity2,598.262,366.592,195.951,982.331,799.271,804.94
Total Shareholders Equity2,598.262,366.592,195.951,982.331,799.271,804.94
Accumulated Minority Interest0.000.000.000.000.000.00
Total Equity2,598.262,366.592,195.951,982.331,799.271,804.94
Total Liabilities & Stockholders Equity7,866.717,098.086,753.836,503.096,419.895,339.63
Book Value Per Share15.9314.6313.6812.4311.3711.59
Tangible Book Value Per Share7.056.686.144.748.338.48
Full-Time Employees8,700---7,923-
Price to Book Ratio12.239.5616.0929.1324.6321.77
Return on Assets-0.88-1.24-1.15-0.73-0.75-0.81
Return on Equity-2.87-3.71-3.56-2.41-2.70-2.68
Return on Invested Capital-0.08-0.33-0.86-0.31-0.50-0.22
Quick Ratio1.631.781.821.741.941.18
Current Ratio1.631.781.821.741.941.18

Cash flow, quarterly

Currency USD, millions
Metric2026Q42026Q32026Q22026Q12025Q42025Q3
Net Income-3.37-13.88-34.31-11.62-17.58-4.12
Depreciation55.2149.4646.0641.2834.3432.45
Other Funds (Non Cash)291.63284.47283.83258.84233.01211.13
Funds from Operations322.76321.93297.73284.81253.26238.97
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital-42.79-123.91-93.65162.79-2.66-27.89
Cash from Operating Activities279.97198.02204.07447.60250.60211.08
Capital Expenditures-218.52-62.06-34.94-34.98-78.68-91.62
Net Assets From Acquisitions-148.03-97.270.00-672.780.000.00
Sale of Fixed Assets and Businesses0.000.000.000.000.000.00
Purchase or Sale of Investments-4.41-259.32-325.97-794.45-168.90113.32
Purchase of Investments-288.74-572.48-507.09-896.39-394.03-157.57
Sale Or Maturity of Investments284.33313.15181.12101.94225.13270.89
Other Uses0.000.000.000.000.000.00
Other Sources0.000.000.000.000.000.00
Cash from Investing Activities-370.95-418.65-360.91-1,502.21-247.5821.70
Cash Dividends Paid0.000.000.000.000.000.00
Preferred Dividends (Cash Flow)0.000.000.000.000.000.00
Change in Capital Stock37.910.0021.513.9841.300.04
Repurchase of Common Pref Stock0.000.000.000.000.000.00
Sale of Common Pref Stock37.910.0021.513.9841.300.04
Proceedsfrom Stock Options-21.510.0021.510.000.000.00
Issuance or Reduction of Debt, Net-0.880.000.000.00354.160.00
Change in Long Term Debt-0.880.000.000.00354.160.00
Issuance of Long Term Debt0.000.000.000.001,725.000.00
Reduction of Long Term Debt-0.880.000.000.00-1,370.840.00
Net Financing Active Other Cash Flow0.200.00-0.11-0.20-0.35-0.44
Other Financing Activities Uses0.200.00-0.11-0.20-0.35-0.44
Cash from Financing Activities37.230.0021.403.79395.11-0.40
Net Change in Cash-53.76-220.64-135.44-1,050.83398.13232.38
Free Cash Flow61.45135.95169.13412.61171.92119.46
Price to Free Cash Flow31.4123.6136.5861.9761.5050.70

Revenue breakdown

Asia Pacific2025: 423.81M 2026: 519.19M
EMEA2025: 792.82M 2026: 923.40M
Other2025: 97.16M 2026: 118.13M
United States2025: 1.36B 2026: 1.79B

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-305.54%5.9M106.2M2.95M
2026-10-155.61%6.0M106.2M2.84M
2026-09-305.49%5.8M105.7M2.85M
2026-09-156.15%6.5M105.7M3.01M
2026-08-316.01%6.4M105.7M3.20M
2026-08-145.94%6.2M104.9M4.35M
2026-07-317.08%7.4M104.8M4.46M
2026-07-157.68%8.0M104.8M4.55M
2026-06-307.90%8.3M104.8M4.58M
2026-06-1511.35%11.9M104.6M4.30M
2026-05-2911.55%12.1M104.5M3.85M
2026-05-1510.72%11.1M103.9M3.10M
2026-04-309.79%10.2M103.9M3.05M
2026-04-1510.16%10.5M103.4M2.98M
2026-03-317.92%8.2M103.4M2.71M
2026-03-137.57%7.8M103.4M2.47M
2026-02-276.92%7.2M103.4M2.38M
2026-02-136.93%7.1M102.5M2.08M
2026-01-307.49%7.7M102.6M1.84M
2026-01-156.76%6.9M102.6M1.70M

Option chain

expiry 2026-11-13
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call11085.5588.900.005.7950.000.000.994-0.2200.002
call11580.5583.850.005.3980.000.000.994-0.2180.003
call12075.7578.9090.955.0721.000.000.993-0.2160.003
call12570.5573.950.004.8080.000.000.992-0.2140.003
call13065.8068.8570.374.3771.000.000.992-0.2120.003
call13560.5563.950.004.1520.000.000.991-0.2100.003
call14055.8058.6581.803.6603.000.000.990-0.2080.004
call14550.6553.5557.503.4921.001.000.989-0.2050.004
call15045.7548.6550.623.2332.000.000.988-0.2020.004
call15540.6543.550.002.6510.000.000.987-0.1980.005
call16035.8038.5048.672.5993.000.000.975-0.3340.009
call16530.7033.5533.052.3323.001.000.971-0.3240.009
call167.528.4531.2034.552.2361.000.000.969-0.3180.010
call17025.8028.7593.252.1083.000.000.967-0.3120.011
call172.523.5526.2025.781.9511.001.000.964-0.3050.011
call17520.9523.7023.381.8081.001.000.955-0.3370.014
call177.518.4521.350.001.6090.000.000.942-0.4010.017
call18016.3519.0019.101.59110.001.000.905-0.5780.024
call182.514.2016.4029.301.4181.000.000.865-0.7420.031
call18512.2514.5020.521.3942.000.000.813-0.9260.039
call187.59.7512.209.511.2722.000.000.751-1.1080.046
call1908.459.4514.301.1124.001.000.692-1.1840.051
call192.56.607.706.351.07732.000.000.622-1.2560.055
call1955.006.108.150.99923.004.000.546-1.2770.057
call197.53.804.703.700.97325.003.000.467-1.2870.057
call2002.583.553.170.94112811.000.390-1.2360.055
call202.51.892.612.320.92281.0038.000.320-1.1640.051
call2051.261.871.500.90512517.000.252-1.0190.046
call207.50.901.311.040.87123522.000.193-0.8670.039
call2100.500.820.800.83755036.000.139-0.6860.032
call212.50.350.570.440.84319216.000.096-0.5180.025
call2150.210.370.280.8389037.000.071-0.4200.020
call217.50.050.290.330.8721084100.056-0.3600.016
call2200.010.270.110.9331313.000.049-0.3500.015
call222.50.030.130.080.91057.002.000.034-0.2500.011
call2250.000.180.050.94737.007.000.026-0.2080.009
call227.50.030.190.111.01075.002.000.024-0.2120.008
call2300.000.380.311.0724280.000.023-0.2150.008
call232.50.000.190.171.13251.000.000.022-0.2180.008
call2350.000.490.031.1902990.000.021-0.2210.007
call237.50.000.100.101.2023.001.000.017-0.1820.006
call2400.000.380.051.25871.000.000.016-0.1840.006
call242.50.000.470.511.31221.000.000.015-0.1860.006
call2450.000.110.061.3661551.000.015-0.1880.005
call247.50.000.750.381.4182005.000.014-0.1900.005
call2500.000.750.021.4701770.000.014-0.1910.005
call252.50.000.960.021.52174.000.000.014-0.1930.005
call2550.000.750.381.5591105.000.013-0.1940.005
call257.50.000.752.101.6212.000.000.013-0.1960.005
call2600.000.630.341.6702731.000.012-0.1970.005
call262.50.000.970.051.71810.000.000.012-0.1990.005
call2650.000.960.021.76654.000.000.012-0.2000.004
call267.50.000.750.991.8136.000.000.012-0.2010.004
call2700.000.010.011.2442680.000.002-0.0210.001
call272.50.002.130.501.50019.000.000.002-0.0290.001
call2750.002.130.161.5371810.000.002-0.0300.001
call277.50.002.130.881.5743.000.000.002-0.0300.001
call2800.001.000.021.58346.000.000.002-0.0290.001
call282.50.002.130.001.6300.000.000.002-0.0300.001
call2850.002.130.021.64457.000.000.002-0.0290.001
call287.50.002.130.181.67936.000.000.001-0.0290.001
call2900.002.130.161.71434.000.000.001-0.0300.001
call292.50.002.130.001.7480.000.000.001-0.0300.001
call2950.002.130.101.7826.000.000.001-0.0300.001
call297.50.002.130.001.8150.000.000.001-0.0300.001
call3000.002.130.101.84931.000.000.001-0.0300.001
call302.50.002.130.001.8810.000.000.001-0.0300.001
call3050.002.130.121.9142.000.000.001-0.0300.001
call307.50.002.130.001.9460.000.000.001-0.0300.001
call3100.002.131.851.9781.000.000.001-0.0300.001
call312.50.002.130.002.0090.000.000.001-0.0300.001
call3150.002.130.002.0410.000.000.001-0.0310.001
call317.50.002.130.002.0710.000.000.001-0.0310.001
call3200.002.130.422.1021.000.000.001-0.0310.001
call322.50.002.130.022.1322.000.000.001-0.0310.001
call3250.002.130.002.1620.000.000.001-0.0310.001
call3300.002.130.002.2220.000.000.001-0.0310.001
call3350.002.130.002.2800.000.000.001-0.0310.001
call3400.002.130.002.3370.000.000.001-0.0310.001
call3450.002.130.002.3930.000.000.001-0.0310.001
call3500.002.130.002.4480.000.000.001-0.0320.001
call3550.002.130.002.4460.000.000.001-0.0310.001
call3600.002.130.002.5560.000.000.001-0.0320.000
call3650.002.130.002.5510.000.000.001-0.0310.001
call3700.000.030.012.28689.000.000.001-0.0230.001
call3750.000.030.012.66317.000.000.001-0.0320.000
call3800.002.130.152.7618.000.000.001-0.0320.000
put1100.000.250.133.2990.001.00-0.006-0.2070.002
put1150.002.130.003.0660.000.00-0.007-0.2050.003
put1200.002.130.002.8430.000.00-0.007-0.2030.003
put1250.002.130.002.6450.000.00-0.007-0.2010.003
put1300.002.130.002.4380.000.00-0.008-0.1980.003
put1350.002.130.002.2370.000.00-0.009-0.1950.003
put1400.002.130.122.02610.000.00-0.010-0.1920.004
put1450.002.130.051.8376.000.00-0.011-0.1890.004
put1500.000.750.001.6540.000.00-0.012-0.1850.004
put1550.000.100.021.47429.0013.00-0.013-0.1810.005
put1600.000.750.111.4581340.00-0.025-0.3160.009
put1650.000.360.351.28228.000.00-0.029-0.3060.009
put167.50.000.560.121.17520.00170-0.031-0.3000.010
put1700.000.210.071.08239.005.00-0.033-0.2930.011
put172.50.000.210.150.9891.0023.00-0.036-0.2860.011
put1750.030.250.180.92826.00144-0.045-0.3180.014
put177.50.170.310.250.87212.0012.00-0.061-0.3940.017
put1800.300.440.320.84010159.00-0.095-0.5580.024
put182.50.490.650.560.81911.0038.00-0.135-0.7210.031
put1850.730.930.810.79371.00170-0.187-0.9050.039
put187.51.071.511.200.81378.004.00-0.249-1.0870.046
put1901.452.141.720.80211430.00-0.308-1.1630.051
put192.52.192.822.520.76726.0069.00-0.378-1.2350.055
put1953.053.853.320.76078.0028.00-0.454-1.2560.057
put197.54.155.204.670.76938.0028.00-0.533-1.2650.057
put2005.506.605.370.77566.0012.00-0.610-1.2140.055
put202.57.158.2010.400.8111290.00-0.680-1.1420.051
put2059.0010.0012.280.77190.000.00-0.748-0.9960.046
put207.510.5512.6016.670.8241420.00-0.807-0.8430.039
put21012.7514.9013.580.87265.0011.00-0.861-0.6630.032
put212.514.9016.6018.500.61617.000.00-0.904-0.4940.025
put21517.0519.5518.250.9371704.00-0.929-0.3960.020
put217.519.2021.7518.450.87089.000.00-0.944-0.3350.016
put22021.6024.3522.661.0052395.00-0.951-0.3260.015
put222.523.9526.9023.061.11059.000.00-0.973-0.1790.009
put22526.5529.2034.851.05194.000.00-0.974-0.1830.009
put227.529.1031.6532.401.0741050.00-0.976-0.1870.008
put23031.5534.4529.901.36084.000.00-0.977-0.1900.008
put232.533.9536.8511.601.36714.000.00-0.978-0.1930.008
put23536.4539.3041.201.39880.000.00-0.979-0.1950.007
put237.539.5541.6030.611.26512.000.00-0.983-0.1550.006
put24041.5544.3047.301.52811.000.00-0.984-0.1570.006
put242.543.9046.7541.151.5730.000.00-0.985-0.1590.006
put24546.3049.5044.092.0230.000.00-0.985-0.1600.005
put247.548.7051.8046.801.7130.000.00-0.986-0.1620.005
put25051.2054.5542.682.1850.000.00-0.986-0.1630.005
put252.553.7557.0547.502.0230.000.00-0.986-0.1650.005
put25556.2559.5523.002.3190.000.00-0.987-0.1660.005
put257.558.7062.1012.552.4090.000.00-0.987-0.1670.005
put26061.2064.5050.152.4220.000.00-0.987-0.1680.005
put262.563.7067.0533.682.5010.000.00-0.988-0.1690.005
put26566.2069.5518.152.5740.000.00-0.988-0.1700.004
put267.568.7072.0514.852.6350.000.00-0.988-0.1710.004
put27071.2074.5016.302.6680.000.00-0.9980.0010.001
put272.573.7077.0576.102.8870.000.00-0.9980.0010.001
put27576.2579.5540.132.9480.000.00-0.9980.0010.001
put277.578.7582.0533.722.8600.000.00-0.9980.0010.001
put28081.2084.5529.553.0660.000.00-0.9980.0010.001
put282.583.7087.0575.902.9850.000.00-0.9980.0020.001
put28586.2089.3080.062.8830.000.00-0.9980.0020.001
put287.588.7092.0581.253.0950.000.00-0.9990.0020.001
put29091.2594.3085.082.9890.000.00-0.9990.0020.001
put292.593.7097.050.003.2020.000.00-0.9990.0020.001
put29596.2099.550.003.2550.000.00-0.9990.0020.001
put297.598.70101.80.003.1420.000.00-0.9990.0030.001
put300101.25104.565.403.4820.000.00-0.9990.0030.001
put302.5103.7107.050.003.1300.000.00-0.9990.0030.001
put305106.2109.550.003.1780.000.00-0.9990.0030.001
put307.5108.7112.0583.453.2250.000.00-0.9990.0030.001
put310111.2114.550.003.5590.000.00-0.9990.0040.001
put312.5113.7117.050.003.3180.000.00-0.9990.0040.001
put315116.2119.550.003.3630.000.00-0.9990.0040.001
put317.5118.71220.003.3630.000.00-0.9990.0040.001
put320121.2124.50.003.4070.000.00-0.9990.0040.001
put322.5123.751270.003.9300.000.00-0.9990.0050.001
put325126.2129.50.003.4940.000.00-0.9990.0050.001
put330131.2134.30.003.7500.000.00-0.9990.0050.001
put335136.2139.5570.153.7110.000.00-0.9990.0050.001
put340141.2144.50.003.7450.000.00-0.9990.0060.001
put345146.2149.50.004.3370.000.00-0.9990.0060.001
put350151.2154.50.003.9050.000.00-0.9990.0070.001
put355156.2159.50.004.3240.000.00-0.9990.0070.000
put360161.2164.30.004.2430.000.00-0.9990.0080.000
put365166.2169.50.004.1340.000.00-0.9990.0080.000
put370171.2174.350.003.9950.000.00-0.9990.0080.000
put375176.2179.55167.74.8590.000.00-0.9990.0090.000
put380181.2184.30.004.5440.000.00-0.9990.0090.000

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-034Statement of changes in beneficial ownership of securities2026-11-02SEC
2026-11-02144Filing for proposed sale of securities under Rule 144.SEC
2026-10-27SCHEDULE 13G/ASEC
2026-10-274Statement of changes in beneficial ownership of securities2026-10-26SEC
2026-10-204Statement of changes in beneficial ownership of securities2026-10-19SEC
2026-10-204Statement of changes in beneficial ownership of securities2026-10-19SEC
2026-10-204Statement of changes in beneficial ownership of securities2026-10-19SEC
2026-10-13144Filing for proposed sale of securities under Rule 144.SEC
2026-10-134Statement of changes in beneficial ownership of securities2026-10-09SEC
2026-10-09144Filing for proposed sale of securities under Rule 144.SEC
2026-10-068-KCurrent report2026-10-06SEC
2026-09-284Statement of changes in beneficial ownership of securities2026-09-25SEC
2026-09-25144Filing for proposed sale of securities under Rule 144.SEC
2026-09-248-KCurrent report2026-09-24SEC
2026-09-21144Filing for proposed sale of securities under Rule 144.SEC
2026-09-21144Filing for proposed sale of securities under Rule 144.SEC
2026-09-214Statement of changes in beneficial ownership of securities2026-09-21SEC
2026-09-214Statement of changes in beneficial ownership of securities2026-09-21SEC
2026-09-17144Filing for proposed sale of securities under Rule 144.SEC
2026-09-17144Filing for proposed sale of securities under Rule 144.SEC
2026-09-174Statement of changes in beneficial ownership of securities2026-09-16SEC
2026-09-174Statement of changes in beneficial ownership of securities2026-09-15SEC
2026-09-174Statement of changes in beneficial ownership of securities2026-09-15SEC
2026-09-174Statement of changes in beneficial ownership of securities2026-09-16SEC
2026-09-174Statement of changes in beneficial ownership of securities2026-09-16SEC
2026-09-174Statement of changes in beneficial ownership of securities2026-09-17SEC
2026-09-16144Filing for proposed sale of securities under Rule 144.SEC
2026-09-16144Filing for proposed sale of securities under Rule 144.SEC
2026-09-16144Filing for proposed sale of securities under Rule 144.SEC
2026-09-16144Filing for proposed sale of securities under Rule 144.SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-1100247.76K1
2026-10005.78M3
2026-09006.24M10
2026-080087.21K1
2026-070092.30K2
2026-06002.49M8
2026-050000
2026-040000
2026-03002.39M8
2026-020000
2026-0100148.05K1
2025-12005.27M8
2025-110000

Institutional holders

Manager% owned
BlackRock, Inc.6.12%
ABSOLUTE INVESTMENT ADVISERS, LLC4.60%
VANGUARD PORTFOLIO MANAGEMENT LLC3.83%
VANGUARD CAPITAL MANAGEMENT LLC2.92%
FIRST TRUST ADVISORS LP2.18%
GOLDMAN SACHS GROUP INC1.96%
STATE STREET CORP1.54%
GEODE CAPITAL MANAGEMENT, LLC1.28%
FMR LLC1.10%
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC1.07%

Funds

Fund% owned
iShares Convertible Bond ETF21.84%
State Street(R) SPDR(R) Bloomberg Convertible Securities ETF15.89%
Calamos Market Neutral Income Fund15.46%
Eaton Vance Income Fund of Boston6.98%
Fidelity Convertible Securities Fund6.46%
JPMorgan Strategic Income Opportunities Fund5.52%
Lord Abbett Convertible Fund5.44%
NYLIM MacKay Convertible Fund5.23%
NYLIM VP MacKay Convertible Portfolio5.01%
Franklin Mutual Quest Fund4.64%

OakChart. ZS. Cached 15 minutes.