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Side-by-side financial comparison of Evercore Inc. (EVR) and Zscaler, Inc. (ZS). Click either name above to swap in a different company.
Evercore Inc. is the larger business by last-quarter revenue ($1.3B vs $788.1M, roughly 1.6× Zscaler, Inc.). Evercore Inc. runs the higher net margin — 15.7% vs -1.5%, a 17.2% gap on every dollar of revenue. On growth, Evercore Inc. posted the faster year-over-year revenue change (32.4% vs 25.5%). Evercore Inc. produced more free cash flow last quarter ($798.6M vs $431.0M). Over the past eight quarters, Evercore Inc.'s revenue compounded faster (48.9% CAGR vs 22.5%).
Evercore Inc., formerly known as Evercore Partners, is a global independent investment banking advisory firm founded in 1995 by Roger Altman, David Offensend, and Austin Beutner. The firm has advised on over $4.7 trillion of merger, acquisition, and restructuring transactions since its founding.
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.
EVR vs ZS — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.3B | $788.1M |
| Net Profit | $204.0M | $-11.6M |
| Gross Margin | — | 76.6% |
| Operating Margin | 24.2% | -4.6% |
| Net Margin | 15.7% | -1.5% |
| Revenue YoY | 32.4% | 25.5% |
| Net Profit YoY | 45.2% | 3.6% |
| EPS (diluted) | $4.80 | $-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.
| Q4 25 | $1.3B | $788.1M | ||
| Q3 25 | $1.0B | $719.2M | ||
| Q2 25 | $838.0M | $678.0M | ||
| Q1 25 | $699.0M | $647.9M | ||
| Q4 24 | $979.5M | $628.0M | ||
| Q3 24 | $738.4M | $592.9M | ||
| Q2 24 | $693.4M | $553.2M | ||
| Q1 24 | $585.0M | $525.0M |
| Q4 25 | $204.0M | $-11.6M | ||
| Q3 25 | $144.6M | $-17.6M | ||
| Q2 25 | $97.2M | $-4.1M | ||
| Q1 25 | $146.2M | $-7.7M | ||
| Q4 24 | $140.4M | $-12.1M | ||
| Q3 24 | $78.4M | $-14.9M | ||
| Q2 24 | $73.8M | $19.1M | ||
| Q1 24 | $85.7M | $-28.5M |
| 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% |
| Q4 25 | 24.2% | -4.6% | ||
| Q3 25 | 20.8% | -4.5% | ||
| Q2 25 | 18.0% | -3.7% | ||
| Q1 25 | 16.0% | -6.2% | ||
| Q4 24 | 21.8% | -4.9% | ||
| Q3 24 | 16.7% | -4.5% | ||
| Q2 24 | 15.9% | -0.5% | ||
| Q1 24 | 14.8% | -8.7% |
| Q4 25 | 15.7% | -1.5% | ||
| Q3 25 | 13.8% | -2.4% | ||
| Q2 25 | 11.6% | -0.6% | ||
| Q1 25 | 20.9% | -1.2% | ||
| Q4 24 | 14.3% | -1.9% | ||
| Q3 24 | 10.6% | -2.5% | ||
| Q2 24 | 10.6% | 3.5% | ||
| Q1 24 | 14.6% | -5.4% |
| Q4 25 | $4.80 | $-0.07 | ||
| Q3 25 | $3.41 | $-0.11 | ||
| Q2 25 | $2.36 | $-0.03 | ||
| Q1 25 | $3.48 | $-0.05 | ||
| Q4 24 | $3.32 | $-0.08 | ||
| Q3 24 | $1.86 | $-0.09 | ||
| Q2 24 | $1.81 | $0.12 | ||
| Q1 24 | $2.09 | $-0.19 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $3.0B | $1.3B |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $2.0B | $2.0B |
| Total Assets | $5.4B | $6.5B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $3.0B | $1.3B | ||
| Q3 25 | $2.4B | $2.4B | ||
| Q2 25 | $1.7B | $2.0B | ||
| Q1 25 | $1.4B | $1.8B | ||
| Q4 24 | $2.4B | $1.6B | ||
| Q3 24 | $1.8B | $1.4B | ||
| Q2 24 | $1.7B | $1.3B | ||
| Q1 24 | $1.4B | $1.4B |
| 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 |
| Q4 25 | $2.0B | $2.0B | ||
| Q3 25 | $1.8B | $1.8B | ||
| Q2 25 | $1.7B | $1.8B | ||
| Q1 25 | $1.5B | $1.6B | ||
| Q4 24 | $1.7B | $1.4B | ||
| Q3 24 | $1.6B | $1.3B | ||
| Q2 24 | $1.5B | $1.1B | ||
| Q1 24 | $1.4B | $958.9M |
| Q4 25 | $5.4B | $6.5B | ||
| Q3 25 | $4.4B | $6.4B | ||
| Q2 25 | $3.7B | $5.3B | ||
| Q1 25 | $3.3B | $5.0B | ||
| Q4 24 | $4.2B | $4.7B | ||
| Q3 24 | $3.6B | $4.7B | ||
| Q2 24 | $3.3B | $4.2B | ||
| Q1 24 | $3.0B | $3.9B |
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $807.5M | $448.3M |
| Free Cash FlowOCF − Capex | $798.6M | $431.0M |
| FCF MarginFCF / Revenue | 61.6% | 54.7% |
| Capex IntensityCapex / Revenue | 0.7% | 2.2% |
| Cash ConversionOCF / Net Profit | 3.96× | — |
| TTM Free Cash FlowTrailing 4 quarters | $1.2B | $924.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $807.5M | $448.3M | ||
| Q3 25 | $560.9M | $250.6M | ||
| Q2 25 | $437.7M | $211.1M | ||
| Q1 25 | $-549.7M | $179.4M | ||
| Q4 24 | $686.4M | $331.3M | ||
| Q3 24 | $234.5M | $203.6M | ||
| Q2 24 | $348.5M | $173.4M | ||
| Q1 24 | $-281.2M | $142.1M |
| Q4 25 | $798.6M | $431.0M | ||
| Q3 25 | $541.5M | $190.6M | ||
| Q2 25 | $411.7M | $138.9M | ||
| Q1 25 | $-569.3M | $164.4M | ||
| Q4 24 | $673.1M | $314.3M | ||
| Q3 24 | $226.6M | $154.2M | ||
| Q2 24 | $340.7M | $137.8M | ||
| Q1 24 | $-282.3M | $111.2M |
| Q4 25 | 61.6% | 54.7% | ||
| Q3 25 | 51.8% | 26.5% | ||
| Q2 25 | 49.1% | 20.5% | ||
| Q1 25 | -81.4% | 25.4% | ||
| Q4 24 | 68.7% | 50.1% | ||
| Q3 24 | 30.7% | 26.0% | ||
| Q2 24 | 49.1% | 24.9% | ||
| Q1 24 | -48.3% | 21.2% |
| Q4 25 | 0.7% | 2.2% | ||
| Q3 25 | 1.9% | 8.3% | ||
| Q2 25 | 3.1% | 10.6% | ||
| Q1 25 | 2.8% | 2.3% | ||
| Q4 24 | 1.4% | 2.7% | ||
| Q3 24 | 1.1% | 8.3% | ||
| Q2 24 | 1.1% | 6.4% | ||
| Q1 24 | 0.2% | 5.9% |
| Q4 25 | 3.96× | — | ||
| Q3 25 | 3.88× | — | ||
| Q2 25 | 4.50× | — | ||
| Q1 25 | -3.76× | — | ||
| Q4 24 | 4.89× | — | ||
| Q3 24 | 2.99× | — | ||
| Q2 24 | 4.72× | 9.07× | ||
| Q1 24 | -3.28× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
EVR
| Advisory Fees | $1.1B | 87% |
| Commissions And Related Revenue | $66.5M | 5% |
| Underwriting Fees | $49.5M | 4% |
| Other | $29.6M | 2% |
| Investment Management | $23.2M | 2% |
ZS
Segment breakdown not available.
