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Side-by-side financial comparison of Symbotic Inc. (SYM) and Zscaler, Inc. (ZS). Click either name above to swap in a different company.
Zscaler, Inc. is the larger business by last-quarter revenue ($788.1M vs $630.0M, roughly 1.3× Symbotic Inc.). Symbotic Inc. runs the higher net margin — 2.1% vs -1.5%, a 3.6% gap on every dollar of revenue. On growth, Symbotic Inc. posted the faster year-over-year revenue change (29.4% vs 25.5%). Zscaler, Inc. produced more free cash flow last quarter ($431.0M vs $189.5M). Over the past eight quarters, Zscaler, Inc.'s revenue compounded faster (22.5% CAGR vs 13.2%).
Symbotic Inc. is an American robotics warehouse automation company based in Wilmington, Massachusetts.
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.
SYM vs ZS — Head-to-Head
Income Statement — Q2 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $630.0M | $788.1M |
| Net Profit | $13.4M | $-11.6M |
| Gross Margin | 21.2% | 76.6% |
| Operating Margin | 79.9% | -4.6% |
| Net Margin | 2.1% | -1.5% |
| Revenue YoY | 29.4% | 25.5% |
| Net Profit YoY | 248.9% | 3.6% |
| EPS (diluted) | — | $-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.
| Q1 26 | $630.0M | — | ||
| Q4 25 | $630.0M | $788.1M | ||
| Q3 25 | $618.5M | $719.2M | ||
| Q2 25 | $592.1M | $678.0M | ||
| Q1 25 | $549.7M | $647.9M | ||
| Q4 24 | $486.7M | $628.0M | ||
| Q3 24 | $503.6M | $592.9M | ||
| Q2 24 | $491.9M | $553.2M |
| Q1 26 | $13.4M | — | ||
| Q4 25 | $2.6M | $-11.6M | ||
| Q3 25 | $-3.6M | $-17.6M | ||
| Q2 25 | $-5.9M | $-4.1M | ||
| Q1 25 | $-3.9M | $-7.7M | ||
| Q4 24 | $-3.5M | $-12.1M | ||
| Q3 24 | $-2.5M | $-14.9M | ||
| Q2 24 | $-2.5M | $19.1M |
| Q1 26 | 21.2% | — | ||
| Q4 25 | 21.2% | 76.6% | ||
| Q3 25 | 20.6% | 76.1% | ||
| Q2 25 | 18.2% | 77.0% | ||
| Q1 25 | 19.6% | 77.1% | ||
| Q4 24 | 16.4% | 77.5% | ||
| Q3 24 | 12.7% | 78.0% | ||
| Q2 24 | 13.7% | 78.6% |
| Q1 26 | 79.9% | — | ||
| Q4 25 | 1.0% | -4.6% | ||
| Q3 25 | -3.5% | -4.5% | ||
| Q2 25 | -6.2% | -3.7% | ||
| Q1 25 | -5.8% | -6.2% | ||
| Q4 24 | -5.1% | -4.9% | ||
| Q3 24 | -4.3% | -4.5% | ||
| Q2 24 | -5.1% | -0.5% |
| Q1 26 | 2.1% | — | ||
| Q4 25 | 0.4% | -1.5% | ||
| Q3 25 | -0.6% | -2.4% | ||
| Q2 25 | -1.0% | -0.6% | ||
| Q1 25 | -0.7% | -1.2% | ||
| Q4 24 | -0.7% | -1.9% | ||
| Q3 24 | -0.5% | -2.5% | ||
| Q2 24 | -0.5% | 3.5% |
| Q1 26 | — | — | ||
| Q4 25 | $0.02 | $-0.07 | ||
| Q3 25 | $-0.04 | $-0.11 | ||
| Q2 25 | $-0.05 | $-0.03 | ||
| Q1 25 | $-0.04 | $-0.05 | ||
| Q4 24 | $-0.03 | $-0.08 | ||
| Q3 24 | $-0.03 | $-0.09 | ||
| Q2 24 | $-0.02 | $0.12 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.8B | $1.3B |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $663.8M | $2.0B |
| Total Assets | $3.0B | $6.5B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $1.8B | — | ||
| Q4 25 | $1.8B | $1.3B | ||
| Q3 25 | $1.2B | $2.4B | ||
| Q2 25 | $777.6M | $2.0B | ||
| Q1 25 | $954.9M | $1.8B | ||
| Q4 24 | $903.0M | $1.6B | ||
| Q3 24 | $727.3M | $1.4B | ||
| Q2 24 | $870.5M | $1.3B |
| Q1 26 | — | — | ||
| 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 26 | $663.8M | — | ||
| Q4 25 | $663.8M | $2.0B | ||
| Q3 25 | $221.3M | $1.8B | ||
| Q2 25 | $210.8M | $1.8B | ||
| Q1 25 | $205.4M | $1.6B | ||
| Q4 24 | $196.5M | $1.4B | ||
| Q3 24 | $197.2M | $1.3B | ||
| Q2 24 | $418.7M | $1.1B |
| Q1 26 | $3.0B | — | ||
| Q4 25 | $3.0B | $6.5B | ||
| Q3 25 | $2.4B | $6.4B | ||
| Q2 25 | $1.8B | $5.3B | ||
| Q1 25 | $2.0B | $5.0B | ||
| Q4 24 | $1.7B | $4.7B | ||
| Q3 24 | $1.6B | $4.7B | ||
| Q2 24 | $1.6B | $4.2B |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 0.64× | ||
| Q1 25 | — | 0.71× | ||
| Q4 24 | — | 0.80× | ||
| Q3 24 | — | 0.90× | ||
| Q2 24 | — | 1.04× |
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 | $191.5M | $448.3M |
| Free Cash FlowOCF − Capex | $189.5M | $431.0M |
| FCF MarginFCF / Revenue | 30.1% | 54.7% |
| Capex IntensityCapex / Revenue | — | 2.2% |
| Cash ConversionOCF / Net Profit | 14.34× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $924.9M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $191.5M | — | ||
| Q4 25 | $191.5M | $448.3M | ||
| Q3 25 | $530.7M | $250.6M | ||
| Q2 25 | $-138.3M | $211.1M | ||
| Q1 25 | $269.6M | $179.4M | ||
| Q4 24 | $205.0M | $331.3M | ||
| Q3 24 | $-99.4M | $203.6M | ||
| Q2 24 | $50.4M | $173.4M |
| Q1 26 | $189.5M | — | ||
| Q4 25 | — | $431.0M | ||
| Q3 25 | — | $190.6M | ||
| Q2 25 | — | $138.9M | ||
| Q1 25 | — | $164.4M | ||
| Q4 24 | $197.7M | $314.3M | ||
| Q3 24 | $-120.1M | $154.2M | ||
| Q2 24 | $33.5M | $137.8M |
| Q1 26 | 30.1% | — | ||
| Q4 25 | — | 54.7% | ||
| Q3 25 | — | 26.5% | ||
| Q2 25 | — | 20.5% | ||
| Q1 25 | — | 25.4% | ||
| Q4 24 | 40.6% | 50.1% | ||
| Q3 24 | -23.9% | 26.0% | ||
| Q2 24 | 6.8% | 24.9% |
| Q1 26 | — | — | ||
| Q4 25 | — | 2.2% | ||
| Q3 25 | — | 8.3% | ||
| Q2 25 | — | 10.6% | ||
| Q1 25 | — | 2.3% | ||
| Q4 24 | 1.5% | 2.7% | ||
| Q3 24 | 4.1% | 8.3% | ||
| Q2 24 | 3.4% | 6.4% |
| Q1 26 | 14.34× | — | ||
| Q4 25 | 73.61× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 9.07× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
SYM
| Systems | $590.3M | 94% |
| Operation services | $28.8M | 5% |
| Software maintenance and support | $10.9M | 2% |
ZS
Segment breakdown not available.
