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Zscaler10-Q: Cash flow concern

Zscaler faces unsecured credit risk from financial institution counterparties in its capped call transactions.

What happened

The company is exposed to potential default by its option counterparties for its capped call transactions, which hedge its convertible notes. A default would make Zscaler an unsecured creditor, potentially leading to financial losses and greater-than-expected stock dilution.

Source

SEC EDGARFeb 26, 2026

Quarterly report (Form 10-Q)

Zscaler 10-Q

Filing excerpt

The Option Counterparties are financial institutions, and we are subject to the risk that any or all of them might default under the capped call transactions.

sec.gov/Archives/edgar/data/1713683/000171368326000048/zs-20260131.htmRead the full source

Other signals in this filing (6)

Extracted by Autobound

From the Signal API record
Signal
10-Q: Cash flow concern

What this signalsFilings often name leadership changes, deals and spending plans.

Fiscal year end
01/31
Filed
Feb 26, 2026

More 10-Q signals at other companies

The full record

From the Signal API record

Details

CIK
1713683
Accession number
0001713683-26-000048
Filing year
2026
Fiscal year
0
Why it matters
Treasury/cash management needs
Signal category
Financial

Extraction

Confidence
High
Relevance
70%
Sentiment
Negative
Detected
Mar 3, 2026
signal_type
sec-10q
signal_subtype
cashFlowConcern

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The API returns more than this page shows

This page shows a preview. The full sec-10q record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/9af7d1bc-a5b4-487e-ba78-ee358d03cc3a returns this record as JSON. POST /v1/companies/enrich returns every signal for zscaler.com.

{
  "signal_id": "9af7d1bc-a5b4-487e-ba78-ee358d03cc3a",
  "signal_type": "sec-10q",
  "signal_subtype": "cashFlowConcern",
  "detected_at": "2026-03-03T06:51:43.148+00:00",
  "company": {
    "name": "Zscaler",
    "domain": "zscaler.com"
  },
  "data": {
    "detail": "The company is exposed to potential default by its option counterparties for its capped call transactions, which hedge its convertible notes. A default would make Zscaler an unsecured creditor, potentially leading to financial losses and greater-than-expected stock dilution.",
    "summary": "Zscaler faces unsecured credit risk from financial institution counterparties in its capped call transactions.",
    "excerpts": "The Option Counterparties are financial institutions, and we are subject to the risk that any or all of them might default under the capped call transactions.",
    "relevance": 0.7,
    "sentiment": "negative",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/1713683/000171368326000048/zs-20260131.htm",
    "filing_date": "2026-02-26",
    "filing_year": 2026,
    "fiscal_year": 0,
    "fiscal_year_end": "01/31",
    "sales_relevance": "Treasury/cash management needs",
    "signal_category": "financial"
  }
}

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