Zscaler, Inc.

ZS

Current Price: $130.62

IPO: 2018-03-16

Zscaler, Inc. operates as a cloud security company worldwide. The company provides Zscaler Internet Access solution that provides users, servers, operational technology, Internet of Things device secure access to externally managed applications, including software-as-a-service (SaaS) applications and Internet destinations; and Zscaler Private Access solution, which is designed to provide access to managed applications hosted internally in data centers, and private or public clouds. It also offers Zscaler Digital Experience that measures end-to-end user experience across business applications, as well as provides an easy to understand digital experience score for each user, application, and location within an enterprise. In addition, the company provides workload segmentation solutions comprising Zscaler Cloud Security Posture Management that identifies and remediates application misconfigurations in SaaS, infrastructure as a service, and platform as a service to reduce risk and ensure compliance with industry and organizational benchmarks; and Zscaler Cloud Workload Segmentation, which is designed to secure application-to-application communications inside public clouds and data centers to stop lateral threat movement, as well as prevents application compromise and reduces the risk of data breaches. Its platform modules include Zscaler Central Authority, Zscaler Enforcement Node, and Zscaler Log Servers. It serves customers in airlines and transportation, conglomerates, consumer goods and retail, financial services, healthcare, manufacturing, media and communications, public sector and education, technology, and telecommunications services industries. The company was formerly known as SafeChannel, Inc., and changed its name to Zscaler, Inc. in August 2008. Zscaler, Inc. was incorporated in 2007 and is headquartered in San Jose, California.

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Income Statement

Revenue

Year Q1 Q2 Q3 Q4
2019 - - - $86.11m
2020 $93.59m $101.3m $110.5m $125.9m
2021 $142.6m $157m $176.4m $197.1m
2022 $230.5m $255.6m $286.8m $318.1m
2023 $355.5m $387.6m - -

YoY % Change

Year Q1 Q2 Q3 Q4
2019 - - - -
2020 - - - 46.2%
2021 52.34% 55.08% 59.61% 56.55%
2022 61.68% 62.73% 62.59% 61.39%
2023 54.24% 51.66% - -

YoY Change

Year Q1 Q2 Q3 Q4
2019 - - - -
2020 93.59m 101.3m 110.5m 39.78m
2021 48.99m 55.78m 65.88m 71.19m
2022 87.94m 98.52m 110.4m 121m
2023 125m 132m - -

QoQ % Change

Year Q1 Q2 Q3 Q4
2019 - - - -
2020 8.69% 8.2% 9.14% 13.9%
2021 13.26% 10.15% 12.33% 11.72%
2022 16.97% 10.87% 12.23% 10.9%
2023 11.79% 9.01% - -

Cost Of Revenue

Year Q1 Q2 Q3 Q4
2019 - - - $17.34m
2020 $19.56m $20.24m $24.58m $31.36m
2021 $31.73m $34.14m $38.98m $45.48m
2022 $52.17m $57.78m $64.02m $68.31m
2023 $76.7m $87.6m - -

YoY % Change

Year Q1 Q2 Q3 Q4
2019 - - - -
2020 - - - 80.85%
2021 62.22% 68.67% 58.58% 45.03%
2022 64.43% 69.28% 64.26% 50.2%
2023 47.02% 51.61% - -

YoY Change

Year Q1 Q2 Q3 Q4
2019 - - - -
2020 19.56m 20.24m 24.58m 14.02m
2021 12.17m 13.9m 14.4m 14.12m
2022 20.44m 23.65m 25.05m 22.83m
2023 24.53m 29.82m - -

QoQ % Change

Year Q1 Q2 Q3 Q4
2019 - - - -
2020 12.8% 3.48% 21.45% 27.58%
2021 1.18% 7.59% 14.18% 16.68%
2022 14.71% 10.76% 10.8% 6.69%
2023 12.28% 14.22% - -

Gross Profit

Year Q1 Q2 Q3 Q4
2019 - - - $68.77m
2020 $74.03m $81.03m $85.95m $94.53m
2021 $110.9m $122.9m $137.4m $151.6m
2022 $178.3m $197.8m $222.8m $249.8m
2023 $278.9m $300m - -

YoY % Change

Year Q1 Q2 Q3 Q4
2019 - - - -
2020 - - - 37.46%
2021 49.73% 51.68% 59.9% 60.37%
2022 60.89% 60.92% 62.11% 64.75%
2023 56.35% 51.68% - -

YoY Change

Year Q1 Q2 Q3 Q4
2019 - - - -
2020 74.03m 81.03m 85.95m 25.76m
2021 36.82m 41.88m 51.48m 57.07m
2022 67.5m 74.87m 85.36m 98.16m
2023 100.5m 102.2m - -

QoQ % Change

Year Q1 Q2 Q3 Q4
2019 - - - -
2020 7.65% 9.45% 6.07% 9.99%
2021 17.27% 10.88% 11.81% 10.31%
2022 17.65% 10.9% 12.64% 12.1%
2023 11.65% 7.58% - -

Gross Profit Ratio

Year Q1 Q2 Q3 Q4
2019 - - - 79.86%
2020 79.10% 80.02% 77.76% 75.09%
2021 77.75% 78.26% 77.90% 76.92%
2022 77.37% 77.39% 77.68% 78.52%
2023 78.43% 77.40% - -

YoY % Change

Year Q1 Q2 Q3 Q4
2019 - - - -
2020 - - - -5.98%
2021 -1.71% -2.19% 0.18% 2.44%
2022 -0.49% -1.12% -0.29% 2.08%
2023 1.37% 0.01% - -

Research & Development Expenses

Year Q1 Q2 Q3 Q4
2019 - - - $17.21m
2020 $20.27m $20.71m $24.12m $32.79m
2021 $35.77m $41.75m $40.95m $56.18m
2022 $65.22m $69.2m $76.58m $78.15m
2023 $74.95m $85.77m - -

YoY % Change

Year Q1 Q2 Q3 Q4
2019 - - - -
2020 - - - 90.47%
2021 76.46% 101.64% 69.81% 71.36%
2022 82.32% 65.73% 86.99% 39.11%
2023 14.92% 23.95% - -

YoY Change

Year Q1 Q2 Q3 Q4
2019 - - - -
2020 20.27m 20.71m 24.12m 15.57m
2021 15.5m 21.05m 16.84m 23.4m
2022 29.45m 27.44m 35.63m 21.97m
2023 9.73m 16.57m - -

QoQ % Change

Year Q1 Q2 Q3 Q4
2019 - - - -
2020 17.77% 2.15% 16.47% 35.94%
2021 9.1% 16.72% -1.91% 37.18%
2022 16.08% 6.1% 10.67% 2.05%
2023 -4.1% 14.44% - -

General & Administrative Expenses

Year Q1 Q2 Q3 Q4
2019 - - - $10.17m
2020 $12.63m $28.98m $14.62m $17.41m
2021 $20.86m $24.65m $24.6m $26.43m
2022 $33.72m $37.44m $40.67m $39.9m
2023 $44.16m $43.52m - -

YoY % Change

Year Q1 Q2 Q3 Q4
2019 - - - -
2020 - - - 71.18%
2021 65.22% -14.94% 68.29% 51.81%
2022 61.64% 51.88% 65.37% 50.98%
2023 30.96% 16.23% - -

YoY Change

Year Q1 Q2 Q3 Q4
2019 - - - -
2020 12.63m 28.98m 14.62m 7.239m
2021 8.234m -4.33m 9.98m 9.019m
2022 12.86m 12.79m 16.08m 13.47m
2023 10.44m 6.078m - -

QoQ % Change

Year Q1 Q2 Q3 Q4
2019 - - - -
2020 24.14% 129.57% -49.57% 19.12%
2021 19.82% 18.19% -0.24% 7.45%
2022 27.58% 11.05% 8.62% -1.89%
2023 10.66% -1.44% - -

Selling & Marketing Expenses

Year Q1 Q2 Q3 Q4
2019 - - - $49.32m
2020 $59.41m $61.62m $67.73m $89.22m
2021 $96.89m $110.4m $115.7m $136.4m
2022 $153.8m $175.1m $192.1m $214.2m
2023 $228.8m $235.9m - -

YoY % Change

Year Q1 Q2 Q3 Q4
2019 - - - -
2020 - - - 80.92%
2021 63.08% 79.16% 70.88% 52.86%
2022 58.72% 58.58% 66.02% 57.08%
2023 48.8% 34.77% - -

YoY Change

Year Q1 Q2 Q3 Q4
2019 - - - -
2020 59.41m 61.62m 67.73m 39.91m
2021 37.48m 48.78m 48m 47.16m
2022 56.9m 64.67m 76.4m 77.84m
2023 75.05m 60.87m - -

QoQ % Change

Year Q1 Q2 Q3 Q4
2019 - - - -
2020 20.47% 3.72% 9.91% 31.74%
2021 8.59% 13.95% 4.83% 17.85%
2022 12.76% 13.84% 9.74% 11.5%
2023 6.82% 3.11% - -

Selling General & Administrative Expenses

Year Q1 Q2 Q3 Q4
2019 - - - $59.49m
2020 $72.04m $90.6m $82.34m $106.6m
2021 $117.7m $135.1m $140.3m $162.8m
2022 $187.5m $212.5m $232.8m $254.1m
2023 $273m $279.5m - -

YoY % Change

Year Q1 Q2 Q3 Q4
2019 - - - -
2020 - - - 79.25%
2021 63.46% 49.06% 70.42% 52.69%
2022 59.24% 57.35% 65.9% 56.09%
2023 45.59% 31.5% - -

YoY Change

Year Q1 Q2 Q3 Q4
2019 - - - -
2020 72.04m 90.6m 82.34m 47.14m
2021 45.71m 44.45m 57.98m 56.18m
2022 69.76m 77.46m 92.48m 91.32m
2023 85.49m 66.95m - -

QoQ % Change

Year Q1 Q2 Q3 Q4
2019 - - - -
2020 21.1% 25.78% -9.12% 29.5%
2021 10.43% 14.7% 3.9% 16.03%
2022 15.16% 13.34% 9.55% 9.16%
2023 7.42% 2.37% - -

Other Expenses

Year Q1 Q2 Q3 Q4
2019 - - - -
2020 - - - -
2021 - - - -
2022 - - - -
2023 - - - -

YoY % Change

Year Q1 Q2 Q3 Q4
2019 - - - -
2020 - - - -
2021 - - - -
2022 - - - -
2023 - - - -

YoY Change

Year Q1 Q2 Q3 Q4
2019 - - - -
2020 - - - -
2021 - - - -
2022 - - - -
2023 - - - -

QoQ % Change

Year Q1 Q2 Q3 Q4
2019 - - - -
2020 - - - -
2021 - - - -
2022 - - - -
2023 - - - -

Operating Expenses

Year Q1 Q2 Q3 Q4
2019 - - - $76.7m
2020 $92.31m $111.3m $106.5m $139.4m
2021 $153.5m $176.8m $181.3m $219m
2022 $252.7m $281.7m $309.4m $332.3m
2023 $347.9m $365.2m - -

YoY % Change

Year Q1 Q2 Q3 Q4
2019 - - - -
2020 - - - 81.77%
2021 66.31% 58.84% 70.28% 57.08%
2022 64.62% 59.33% 70.67% 51.73%
2023 37.68% 29.65% - -

YoY Change

Year Q1 Q2 Q3 Q4
2019 - - - -
2020 92.31m 111.3m 106.5m 62.72m
2021 61.21m 65.5m 74.82m 79.58m
2022 99.2m 104.9m 128.1m 113.3m
2023 95.22m 83.52m - -

QoQ % Change

Year Q1 Q2 Q3 Q4
2019 - - - -
2020 20.35% 20.59% -4.36% 30.96%
2021 10.12% 15.17% 2.53% 20.81%
2022 15.4% 11.47% 9.82% 7.4%
2023 4.71% 4.97% - -

Cost & Expenses

Year Q1 Q2 Q3 Q4
2019 - - - $94.04m
2020 $111.9m $131.5m $131m $170.8m
2021 $185.2m $210.9m $220.3m $264.5m
2022 $304.9m $339.5m $373.4m $400.6m
2023 $424.6m $452.8m - -

YoY % Change

Year Q1 Q2 Q3 Q4
2019 - - - -
2020 - - - 81.6%
2021 65.6% 60.35% 68.08% 54.87%
2022 64.59% 60.94% 69.53% 51.47%
2023 39.28% 33.39% - -

YoY Change

Year Q1 Q2 Q3 Q4
2019 - - - -
2020 111.9m 131.5m 131m 76.74m
2021 73.38m 79.39m 89.22m 93.7m
2022 119.6m 128.6m 153.2m 136.1m
2023 119.7m 113.3m - -

QoQ % Change

Year Q1 Q2 Q3 Q4
2019 - - - -
2020 18.96% 17.6% -0.39% 30.32%
2021 8.47% 13.87% 4.41% 20.08%
2022 15.28% 11.35% 9.99% 7.28%
2023 6.0% 6.64% - -

Interest Expense

Year Q1 Q2 Q3 Q4
2019 - - - $-1.888m
2020 $-1.993m $-1.842m $-1.598m $5.025m
2021 $12.41m $12.6m $12.78m $12.96m
2022 $13.16m $13.35m $14.25m $14.46m
2023 $1.331m $1.333m - -

YoY % Change

Year Q1 Q2 Q3 Q4
2019 - - - -
2020 -Infinity% -Infinity% -Infinity% -366.15%
2021 -722.58% -783.77% -899.5% 157.99%
2022 6.02% 5.99% 11.51% 11.52%
2023 -89.88% -90.01% - -

YoY Change

Year Q1 Q2 Q3 Q4
2019 - - - -
2020 -1.993m -1.842m -1.598m 6.913m
2021 14.4m 14.44m 14.37m 7.939m
2022 747k 754k 1.47m 1.494m
2023 -11.82m -12.02m - -

QoQ % Change

Year Q1 Q2 Q3 Q4
2019 - - - -Infinity%
2020 5.56% -7.58% -13.25% -414.46%
2021 146.93% 1.51% 1.44% 1.47%
2022 1.47% 1.47% 6.72% 1.49%
2023 -90.79% 0.15% - -

Depreciation & Amortization

Year Q1 Q2 Q3 Q4
2019 - - - $3.57m
2020 $6.957m $1.972m $5.411m $13.03m
2021 $8.236m $9.434m $9.654m $10.51m
2022 $10.45m $11.24m $11.62m $15.17m
2023 $21.43m $28.73m - -

YoY % Change

Year Q1 Q2 Q3 Q4
2019 - - - -
2020 - - - 265.01%
2021 18.38% 378.4% 78.41% -19.34%
2022 26.85% 19.15% 20.34% 44.3%
2023 105.13% 155.55% - -

YoY Change

Year Q1 Q2 Q3 Q4
2019 - - - -
2020 6.957m 1.972m 5.411m 9.461m
2021 1.279m 7.462m 4.243m -2.52m
2022 2.211m 1.807m 1.964m 4.656m
2023 10.98m 17.49m - -

QoQ % Change

Year Q1 Q2 Q3 Q4
2019 - - - -
2020 94.87% -71.65% 174.39% 140.82%
2021 -36.8% 14.55% 2.33% 8.88%
2022 -0.61% 7.6% 3.35% 30.55%
2023 41.29% 34.05% - -

Ebitda

Year Q1 Q2 Q3 Q4
2019 - - - $-4.361m
2020 $-11.32m $-28.31m $-15.1m $-31.86m
2021 $-34.43m $-44.46m $-34.2m $-56.89m
2022 $-63.92m $-72.69m $-74.98m $-67.36m
2023 $-47.66m $-36.51m - -

YoY % Change

Year Q1 Q2 Q3 Q4
2019 - - - -
2020 -Infinity% -Infinity% -Infinity% 630.47%
2021 204.21% 57.07% 126.42% 78.57%
2022 85.66% 63.48% 119.26% 18.42%
2023 -25.45% -49.77% - -

YoY Change

Year Q1 Q2 Q3 Q4
2019 - - - -
2020 -11.32m -28.31m -15.1m -27.5m
2021 -23.11m -16.16m -19.09m -25.03m
2022 -29.49m -28.23m -40.78m -10.48m
2023 16.27m 36.18m - -

QoQ % Change

Year Q1 Q2 Q3 Q4
2019 - - - -Infinity%
2020 159.53% 150.11% -46.65% 110.92%
2021 8.08% 29.14% -23.09% 66.35%
2022 12.37% 13.71% 3.15% -10.16%
2023 -29.25% -23.39% - -

Operating Income

Year Q1 Q2 Q3 Q4
2019 - - - $-7.931m
2020 $-18.28m $-30.28m $-20.51m $-44.89m
2021 $-42.67m $-53.9m $-43.85m $-67.4m
2022 $-74.37m $-83.93m $-86.6m $-82.53m
2023 $-69.09m $-65.24m - -

YoY % Change

Year Q1 Q2 Q3 Q4
2019 - - - -
2020 -Infinity% -Infinity% -Infinity% 465.97%
2021 133.47% 78.0% 113.76% 50.15%
2022 74.31% 55.72% 97.48% 22.45%
2023 -7.1% -22.27% - -

YoY Change

Year Q1 Q2 Q3 Q4
2019 - - - -
2020 -18.28m -30.28m -20.51m -36.96m
2021 -24.39m -23.62m -23.34m -22.51m
2022 -31.7m -30.03m -42.75m -15.13m
2023 5.284m 18.69m - -

QoQ % Change

Year Q1 Q2 Q3 Q4
2019 - - - -Infinity%
2020 130.42% 65.69% -32.25% 118.81%
2021 -4.95% 26.32% -18.64% 53.7%
2022 10.35% 12.86% 3.18% -4.7%
2023 -16.29% -5.57% - -

Operating Income Ratio

Year Q1 Q2 Q3 Q4
2019 - - - $-0.09211
2020 $-0.1953 $-0.299 $-0.1856 $-0.3566
2021 $-0.2993 $-0.3432 $-0.2486 $-0.342
2022 $-0.3226 $-0.3284 $-0.3019 $-0.2595
2023 $-0.1943 $-0.1683 - -

YoY % Change

Year Q1 Q2 Q3 Q4
2019 - - - -
2020 -Infinity% -Infinity% -Infinity% 287.13%
2021 53.25% 14.78% 33.93% -4.09%
2022 7.81% -4.31% 21.47% -24.13%
2023 -39.77% -48.75% - -

YoY Change

Year Q1 Q2 Q3 Q4
2019 - - - -
2020 -0.1953 -0.299 -0.1856 -0.2645
2021 -0.104 -0.04419 -0.06297 0.01458
2022 -0.02337 0.01478 -0.05336 0.08251
2023 0.1283 0.1601 - -

QoQ % Change

Year Q1 Q2 Q3 Q4
2019 - - - -Infinity%
2020 112.0% 53.13% -37.93% 92.11%
2021 -16.07% 14.69% -27.57% 37.58%
2022 -5.66% 1.8% -8.06% -14.06%
2023 -25.11% -13.38% - -

Total Other Income Expenses Net

Year Q1 Q2 Q3 Q4
2019 - - - $1.888m
2020 $1.993m $1.842m $1.598m $-4.205m
2021 $-11.84m $-11.97m $-12.77m $-12.78m
2022 $-13.95m $-14.33m $-15.3m $-12.63m
2023 $5.671m $11.48m - -

YoY % Change

Year Q1 Q2 Q3 Q4
2019 - - - -
2020 - - - -322.72%
2021 -694.13% -749.95% -899.25% 203.95%
2022 17.82% 19.67% 19.78% -1.22%
2023 -140.65% -180.11% - -

YoY Change

Year Q1 Q2 Q3 Q4
2019 - - - -
2020 1.993m 1.842m 1.598m -6.093m
2021 -13.83m -13.81m -14.37m -8.576m
2022 -2.11m -2.355m -2.526m 156k
2023 19.62m 25.8m - -

QoQ % Change

Year Q1 Q2 Q3 Q4
2019 - - - -
2020 5.56% -7.58% -13.25% -363.14%
2021 181.59% 1.11% 6.68% 0.07%
2022 9.15% 2.7% 6.78% -17.47%
2023 -144.92% 102.38% - -

Income Before Tax

Year Q1 Q2 Q3 Q4
2019 - - - $-6.043m
2020 $-16.28m $-28.44m $-18.92m $-49.09m
2021 $-54.51m $-65.87m $-56.62m $-80.18m
2022 $-88.32m $-98.26m $-101.9m $-95.15m
2023 $-63.42m $-53.76m - -

YoY % Change

Year Q1 Q2 Q3 Q4
2019 - - - -
2020 -Infinity% -Infinity% -Infinity% 712.38%
2021 234.77% 131.63% 199.33% 63.32%
2022 62.03% 49.17% 79.96% 18.68%
2023 -28.2% -45.29% - -

YoY Change

Year Q1 Q2 Q3 Q4
2019 - - - -
2020 -16.28m -28.44m -18.92m -43.05m
2021 -38.23m -37.43m -37.71m -31.09m
2022 -33.81m -32.39m -45.27m -14.98m
2023 24.91m 44.5m - -

QoQ % Change

Year Q1 Q2 Q3 Q4
2019 - - - -Infinity%
2020 169.44% 74.66% -33.48% 159.53%
2021 11.03% 20.84% -14.04% 41.6%
2022 10.16% 11.25% 3.7% -6.62%
2023 -33.35% -15.22% - -

Income Tax Expense

Year Q1 Q2 Q3 Q4
2019 - - - $-767k
2020 $794k $716k $421k $457k
2021 $498k $1.671m $1.837m $845k
2022 $2.479m $2.161m $-490k $2.498m
2023 $4.746m $3.692m - -

YoY % Change

Year Q1 Q2 Q3 Q4
2019 - - - -
2020 - - - -159.58%
2021 -37.28% 133.38% 336.34% 84.9%
2022 397.79% 29.32% -126.67% 195.62%
2023 91.45% 70.85% - -

YoY Change

Year Q1 Q2 Q3 Q4
2019 - - - -
2020 794k 716k 421k 1.224m
2021 -296k 955k 1.416m 388k
2022 1.981m 490k -2.327m 1.653m
2023 2.267m 1.531m - -

QoQ % Change

Year Q1 Q2 Q3 Q4
2019 - - - -Infinity%
2020 -203.52% -9.82% -41.2% 8.55%
2021 8.97% 235.54% 9.93% -54.0%
2022 193.37% -12.83% -122.67% -609.8%
2023 89.99% -22.21% - -

Net Income

Year Q1 Q2 Q3 Q4
2019 - - - $-5.276m
2020 $-17.08m $-29.15m $-19.34m $-49.55m
2021 $-55.01m $-67.54m $-58.46m $-81.02m
2022 $-90.8m $-100.4m $-101.4m $-97.65m
2023 $-68.16m $-57.45m - -

YoY % Change

Year Q1 Q2 Q3 Q4
2019 - - - -
2020 -Infinity% -Infinity% -Infinity% 839.14%
2021 222.12% 131.67% 202.32% 63.52%
2022 65.07% 48.68% 73.46% 20.52%
2023 -24.93% -42.79% - -

YoY Change

Year Q1 Q2 Q3 Q4
2019 - - - -
2020 -17.08m -29.15m -19.34m -44.27m
2021 -37.93m -38.39m -39.12m -31.47m
2022 -35.8m -32.88m -42.95m -16.63m
2023 22.64m 42.97m - -

QoQ % Change

Year Q1 Q2 Q3 Q4
2019 - - - -Infinity%
2020 223.65% 70.73% -33.67% 156.24%
2021 11.01% 22.79% -13.45% 38.6%
2022 12.07% 10.59% 0.98% -3.7%
2023 -30.2% -15.71% - -

Balance Sheet

Deferred Revenue

Year Q1 Q2 Q3 Q4
2019 - - - $221.4m
2020 $218.2m $251.2m $274.7m $337.3m
2021 $340m $406.2m $445.8m $571.3m
2022 $584.3m $687.9m $731.9m $923.7m
2023 $913.1m $1b - -

YoY % Change

Year Q1 Q2 Q3 Q4
2019 - - - -
2020 - - - 52.34%
2021 55.84% 61.68% 62.28% 69.39%
2022 71.84% 69.36% 64.16% 61.7%
2023 56.27% 45.42% - -

YoY Change

Year Q1 Q2 Q3 Q4
2019 - - - -
2020 218.2m 251.2m 274.7m 115.9m
2021 121.8m 155m 171.1m 234m
2022 244.3m 281.7m 286.1m 352.5m
2023 328.8m 312.4m - -

QoQ % Change

Year Q1 Q2 Q3 Q4
2019 - - - -
2020 -1.44% 15.14% 9.36% 22.76%
2021 0.82% 19.45% 9.76% 28.14%
2022 2.28% 17.73% 6.39% 26.21%
2023 -1.15% 9.56% - -

Cash Flow

Operating Cash Flow

Year Q1 Q2 Q3 Q4
2019 - - - $17.82m
2020 $21.43m $5.431m $20.82m $31.64m
2021 $53.53m $30.4m $73.37m $44.74m
2022 $93.27m $48.26m $77.24m $103.1m
2023 $128.5m $89.48m - -

YoY % Change

Year Q1 Q2 Q3 Q4
2019 - - - -
2020 - - - 77.5%
2021 149.81% 459.82% 252.36% 41.41%
2022 74.23% 58.74% 5.28% 130.55%
2023 37.72% 85.41% - -

YoY Change

Year Q1 Q2 Q3 Q4
2019 - - - -
2020 21.43m 5.431m 20.82m 13.81m
2021 32.1m 24.97m 52.55m 13.1m
2022 39.74m 17.86m 3.873m 58.4m
2023 35.19m 41.22m - -

QoQ % Change

Year Q1 Q2 Q3 Q4
2019 - - - -
2020 20.23% -74.66% 283.39% 51.93%
2021 69.22% -43.2% 141.31% -39.03%
2022 108.49% -48.26% 60.05% 33.53%
2023 24.55% -30.34% - -

Free Cash Flow

Year Q1 Q2 Q3 Q4
2019 - - - $7.552m
2020 $9.417m $-1.929m $9.105m $10.92m
2021 $42.23m $18.03m $55.78m $27.7m
2022 $83.37m $29.45m $43.75m $74.77m
2023 $95.61m $62.82m - -

YoY % Change

Year Q1 Q2 Q3 Q4
2019 - - - -
2020 - -Infinity% - 44.53%
2021 348.41% -1034.89% 512.64% 153.79%
2022 97.43% 63.3% -21.58% 169.92%
2023 14.69% 113.31% - -

YoY Change

Year Q1 Q2 Q3 Q4
2019 - - - -
2020 9.417m -1.929m 9.105m 3.363m
2021 32.81m 19.96m 46.68m 16.79m
2022 41.14m 11.42m -12.04m 47.07m
2023 12.25m 33.37m - -

QoQ % Change

Year Q1 Q2 Q3 Q4
2019 - - - -
2020 24.7% -120.48% -572.01% 19.88%
2021 286.87% -57.29% 209.31% -50.34%
2022 200.95% -64.68% 48.54% 70.92%
2023 27.88% -34.3% - -