Head-to-head · free
CrowdStrike vs Zscaler
CRWD vs ZS — return on capital, cash generation, margins and balance sheet side by side.
CRWD
1 / 6
measures where CRWD leads
ZS
5 / 6
measures where ZS leads
A simple count of which company scores better on each measure — not a recommendation to buy or sell.
| Measure | CRWD · FY2026 | ZS · FY2026 |
|---|---|---|
| Revenue | — | $3.4B |
| Net income | (162.5M) | (63.2M) |
| Revenue growth (yearly, multi-year) | — | 32.4% |
| Free cash flow | $1.3B | $852.4M |
| Free cash flow margin | — | 25.4% |
| Net cash / (debt) | — | — |
| ROIC | — | — |
| Return on equity | -4.2% | -2.9% |
| Gross margin | 74.7% | 76.8% |
| Operating margin | -6.1% | -3.6% |
| Net debt / EBITDA | 378.74x | 13.07x |
Figures are as reported by each company; latest fiscal year shown.
Where CrowdStrike's cash went (FY2026)
- Capital spending
- $302.1M
- Buybacks
- —
- Dividends
- —
- Acquisitions
- —
- Net debt issued / (repaid)
- —
Where Zscaler's cash went (FY2026)
- Capital spending
- $277.3M
- Buybacks
- —
- Dividends
- —
- Acquisitions
- —
- Net debt issued / (repaid)
- —
Ask which business is stronger
"Which one reinvests at higher returns?" "Who carries more risk in its filings?" Get answers drawn straight from both companies' filings.
Compare them free