Zscaler, Inc.ZSEarnings & Financial Report
Nasdaq · Information Technology · Services-Computer Programming Services
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.
Revenue
$678.0M
Gross Profit
$522.1M
Operating Profit
$-25.4M
Net Profit
$-4.1M
Gross Margin
77.0%
Operating Margin
-3.7%
Net Margin
-0.6%
YoY Growth
22.6%
EPS
$-0.03
Financial Flow
Zscaler, Inc. Q3 2025 Financial Summary
Zscaler, Inc. reported revenue of $678.0M (up 22.6% YoY) for Q3 2025, with a net profit of $-4.1M (down 121.6% YoY) (-0.6% margin). Cost of goods sold was $156.0M, operating expenses totaled $547.5M.
Key Financial Metrics
| Total Revenue | $678.0M |
|---|---|
| Net Profit | $-4.1M |
| Gross Margin | 77.0% |
| Operating Margin | -3.7% |
| Report Period | Q3 2025 |
Zscaler, Inc. Annual Revenue by Year
Zscaler, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $2.7B).
| Year | Annual Revenue |
|---|---|
| 2025 | $2.7B |
| 2024 | $2.2B |
| 2023 | $1.6B |
| 2022 | $1.1B |
Zscaler, Inc. Quarterly Revenue & Net Profit History
Zscaler, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 2026 | $788.1M | +25.5% | $-11.6M | -1.5% |
| Q4 2025 | $719.2M | +21.3% | $-17.6M | -2.4% |
| Q3 2025 | $678.0M | +22.6% | $-4.1M | -0.6% |
| Q2 2025 | $647.9M | +23.4% | $-7.7M | -1.2% |
| Q1 2025 | $628.0M | +26.4% | $-12.1M | -1.9% |
| Q4 2024 | $592.9M | +30.3% | $-14.9M | -2.5% |
| Q3 2024 | $553.2M | +32.1% | $19.1M | 3.5% |
| Q2 2024 | $525.0M | +35.4% | $-28.5M | -5.4% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $525.0M | $553.2M | $592.9M | $628.0M | $647.9M | $678.0M | $719.2M | $788.1M |
| YoY Growth | 35.4% | 32.1% | 30.3% | 26.4% | 23.4% | 22.6% | 21.3% | 25.5% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $3.93B | $4.20B | $4.70B | $4.71B | $5.01B | $5.34B | $6.42B | $6.50B |
| Liabilities | $2.98B | $3.11B | $3.43B | $3.28B | $3.40B | $3.53B | $4.62B | $4.52B |
| Equity | $958.9M | $1.09B | $1.27B | $1.43B | $1.61B | $1.80B | $1.80B | $1.98B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $142.1M | $173.4M | $203.6M | $331.3M | $179.4M | $211.1M | $250.6M | $448.3M |