vs

Side-by-side financial comparison of ROGERS COMMUNICATIONS INC (RCI) and Zscaler, Inc. (ZS). Click either name above to swap in a different company.

ROGERS COMMUNICATIONS INC is the larger business by last-quarter revenue ($978.2M vs $788.1M, roughly 1.2× Zscaler, Inc.).

Rogers Communications Inc. is a Canadian communications and media company operating primarily in the fields of wireless communications, cable television, telephony and Internet, with significant additional telecommunications, mass media, and professional sports assets. Rogers has its headquarters in Toronto, Ontario.

Zscaler, Inc. is an American cloud security company based in San Jose, California. The company offers cloud-based services to protect enterprise networks and data.

RCI vs ZS — Head-to-Head

Bigger by revenue
RCI
RCI
1.2× larger
RCI
$978.2M
$788.1M
ZS

Income Statement — Q1 FY2023 vs Q1 FY2026

Metric
RCI
RCI
ZS
ZS
Revenue
$978.2M
$788.1M
Net Profit
$-11.6M
Gross Margin
76.6%
Operating Margin
-4.6%
Net Margin
-1.5%
Revenue YoY
25.5%
Net Profit YoY
3.6%
EPS (diluted)
$0.15
$-0.07

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
RCI
RCI
ZS
ZS
Q4 25
$788.1M
Q3 25
$719.2M
Q2 25
$678.0M
Q1 25
$647.9M
Q4 24
$628.0M
Q3 24
$592.9M
Q2 24
$553.2M
Q1 24
$525.0M
Net Profit
RCI
RCI
ZS
ZS
Q4 25
$-11.6M
Q3 25
$-17.6M
Q2 25
$-4.1M
Q1 25
$-7.7M
Q4 24
$-12.1M
Q3 24
$-14.9M
Q2 24
$19.1M
Q1 24
$-28.5M
Gross Margin
RCI
RCI
ZS
ZS
Q4 25
76.6%
Q3 25
76.1%
Q2 25
77.0%
Q1 25
77.1%
Q4 24
77.5%
Q3 24
78.0%
Q2 24
78.6%
Q1 24
77.7%
Operating Margin
RCI
RCI
ZS
ZS
Q4 25
-4.6%
Q3 25
-4.5%
Q2 25
-3.7%
Q1 25
-6.2%
Q4 24
-4.9%
Q3 24
-4.5%
Q2 24
-0.5%
Q1 24
-8.7%
Net Margin
RCI
RCI
ZS
ZS
Q4 25
-1.5%
Q3 25
-2.4%
Q2 25
-0.6%
Q1 25
-1.2%
Q4 24
-1.9%
Q3 24
-2.5%
Q2 24
3.5%
Q1 24
-5.4%
EPS (diluted)
RCI
RCI
ZS
ZS
Q4 25
$-0.07
Q3 25
$-0.11
Q2 25
$-0.03
Q1 25
$-0.05
Q4 24
$-0.08
Q3 24
$-0.09
Q2 24
$0.12
Q1 24
$-0.19

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
RCI
RCI
ZS
ZS
Cash + ST InvestmentsLiquidity on hand
$1.3B
Total DebtLower is stronger
Stockholders' EquityBook value
$2.0B
Total Assets
$6.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
RCI
RCI
ZS
ZS
Q4 25
$1.3B
Q3 25
$2.4B
Q2 25
$2.0B
Q1 25
$1.8B
Q4 24
$1.6B
Q3 24
$1.4B
Q2 24
$1.3B
Q1 24
$1.4B
Total Debt
RCI
RCI
ZS
ZS
Q4 25
Q3 25
Q2 25
$1.1B
Q1 25
$1.1B
Q4 24
$1.1B
Q3 24
$1.1B
Q2 24
$1.1B
Q1 24
$1.1B
Stockholders' Equity
RCI
RCI
ZS
ZS
Q4 25
$2.0B
Q3 25
$1.8B
Q2 25
$1.8B
Q1 25
$1.6B
Q4 24
$1.4B
Q3 24
$1.3B
Q2 24
$1.1B
Q1 24
$958.9M
Total Assets
RCI
RCI
ZS
ZS
Q4 25
$6.5B
Q3 25
$6.4B
Q2 25
$5.3B
Q1 25
$5.0B
Q4 24
$4.7B
Q3 24
$4.7B
Q2 24
$4.2B
Q1 24
$3.9B
Debt / Equity
RCI
RCI
ZS
ZS
Q4 25
Q3 25
Q2 25
0.64×
Q1 25
0.71×
Q4 24
0.80×
Q3 24
0.90×
Q2 24
1.04×
Q1 24
1.19×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
RCI
RCI
ZS
ZS
Operating Cash FlowLast quarter
$448.3M
Free Cash FlowOCF − Capex
$431.0M
FCF MarginFCF / Revenue
54.7%
Capex IntensityCapex / Revenue
2.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$924.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
RCI
RCI
ZS
ZS
Q4 25
$448.3M
Q3 25
$250.6M
Q2 25
$211.1M
Q1 25
$179.4M
Q4 24
$331.3M
Q3 24
$203.6M
Q2 24
$173.4M
Q1 24
$142.1M
Free Cash Flow
RCI
RCI
ZS
ZS
Q4 25
$431.0M
Q3 25
$190.6M
Q2 25
$138.9M
Q1 25
$164.4M
Q4 24
$314.3M
Q3 24
$154.2M
Q2 24
$137.8M
Q1 24
$111.2M
FCF Margin
RCI
RCI
ZS
ZS
Q4 25
54.7%
Q3 25
26.5%
Q2 25
20.5%
Q1 25
25.4%
Q4 24
50.1%
Q3 24
26.0%
Q2 24
24.9%
Q1 24
21.2%
Capex Intensity
RCI
RCI
ZS
ZS
Q4 25
2.2%
Q3 25
8.3%
Q2 25
10.6%
Q1 25
2.3%
Q4 24
2.7%
Q3 24
8.3%
Q2 24
6.4%
Q1 24
5.9%
Cash Conversion
RCI
RCI
ZS
ZS
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
9.07×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Related Comparisons