Zscaler, Inc.

Zscaler, Inc. earnings

ZS

24 quarterly earnings reports from Q1 FY2021 to Q4 FY2026: Summary, reported figures, guidance, risks and SaaS KPIs.

Quarterly reports

Q4 FY2026
Quarter ended Jul 2026

Zscaler closed fiscal 2026 with fourth quarter revenue of $898.2 million, up 24.9% from the prior-year quarter. Revenue for the full year reached $3.35 billion, up 25.4%. ARR ended the year at $3,771 million, up 25% year over year, with $246 million of net new ARR added in the quarter.

20 KPIs20 guidance items8 risks
$898.2M
Revenue · +24.9% YoY
Op. margin -1.7%
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Q3 FY2026
Quarter ended Apr 2026

Zscaler's fiscal 2026 third quarter revenue rose 25.4% to $850.5 million. Gross profit increased 26.0% to $657.8 million, and gross margin was 77.3%, up 0.4 percentage points from the prior-year quarter. The company still posted an operating loss of $29.6 million, and that loss widened.

6 KPIs12 risks
$850.5M
Revenue · +25.4% YoY
Op. margin -3.5%
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Q2 FY2026
Quarter ended Jan 2026

Zscaler reported revenue of $815.75 million for the quarter ended January 31, 2026, up 25.9% from $647.90 million in the prior-year quarter. Year-to-date revenue reached $1.60 billion, up 25.7%.

8 KPIs11 risks
$815.8M
Revenue · +25.9% YoY
Op. margin -6.3%
Read report →
Q1 FY2026
Quarter ended Oct 2025

Zscaler posted $788.1 million in revenue for the first quarter of fiscal 2026, up 26% year over year. Annual recurring revenue reached $3,204 million, also up 26%. Deferred revenue was $2.35 billion, up 31.8% year over year. Remaining performance obligations were $5.93 billion, up 34.5%.

7 KPIs7 guidance items9 risks
$788.1M
Revenue · +25.5% YoY
Op. margin -4.6%
Read report →
Q4 FY2025
Quarter ended Jul 2025

Zscaler's fiscal 2025 fourth quarter delivered revenue of $719.2 million, up 21.3% from the prior-year quarter. The top line grew, but profitability remained under pressure. GAAP operating loss widened to $32.2 million, and GAAP net loss widened to $17.6 million.

7 KPIs7 guidance items7 risks
$719.2M
Revenue · +21.3% YoY
Op. margin -4.5%
Read report →
Q3 FY2025
Quarter ended Apr 2025

Zscaler reported FY2025 Q3 revenue of $678.0 million, up 22.6% from the prior-year quarter. Calculated billings rose 25% to $784.5 million. Deferred revenue was $1,985.0 million, up 25.9%, and remaining performance obligations reached $4.98 billion, up 30.2%.

10 KPIs7 guidance items11 risks
$678.0M
Revenue · +22.6% YoY
Op. margin -3.8%
Read report →
Q2 FY2025
Quarter ended Jan 2025

Zscaler reported fiscal second-quarter revenue of $647.9 million, up 23.4% from the prior-year quarter. Gross profit rose 22.5% to $499.4 million, while gross margin slipped to 77.1%, down 0.6 percentage points.

9 KPIs7 guidance items8 risks
$647.9M
Revenue · +23.4% YoY
Op. margin -6.2%
Read report →
Q1 FY2025
Quarter ended Oct 2024

Zscaler's fiscal 2025 first quarter, ended October 31, 2024, showed revenue growth and narrower GAAP losses. Revenue rose 26.4% to $628.0 million, and gross profit increased 26.3% to $486.5 million. GAAP operating loss narrowed to $30.7 million, while operating margin improved 4.4 percentage points to negative 4.9%.

8 KPIs7 guidance items8 risks
$628.0M
Revenue · +26.4% YoY
Op. margin -4.9%
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Q4 FY2024
Quarter ended Jul 2024

Zscaler closed fiscal 2024 with fourth-quarter revenue of $592.9 million, up 30.3% from the prior-year quarter. Full-year revenue reached $2.17 billion, up 34.1%. The company still reported a fourth-quarter operating loss of $26.95 million, but that loss narrowed from the prior-year quarter.

5 KPIs12 risks
$592.9M
Revenue · +30.3% YoY
Op. margin -4.5%
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Q3 FY2024
Quarter ended Apr 2024

Zscaler closed fiscal 2024 third quarter with revenue of $553.2 million, up 32.1% from the prior-year quarter. Calculated billings reached $628.0 million, up 30% year over year, and deferred revenue was $1,577.0 million, up 34.2%. Remaining performance obligations totaled $3.82 billion, up 26.5%.

8 KPIs7 guidance items9 risks
$553.2M
Revenue · +32.1% YoY
Op. margin -0.5%
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Q2 FY2024
Quarter ended Jan 2024

Zscaler reported fiscal 2024 second-quarter results for the period ended January 31, 2024. Revenue was $525.0 million, up 35.4% from the prior-year quarter. Deferred revenue reached $1,502.2 million, up 35.1% year over year, and calculated billings were $627.6 million, up 27%. The GAAP loss narrowed.

6 KPIs7 guidance items6 risks
$525.0M
Revenue · +35.5% YoY
Op. margin -8.7%
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Q1 FY2024
Quarter ended Oct 2023

Zscaler reported revenue of $496.7 million for the first quarter of fiscal 2024, up 39.7% from $355.5 million in the same quarter a year earlier. Gross profit rose 38.2% to $385.3 million.

10 KPIs7 guidance items7 risks
$496.7M
Revenue · +39.7% YoY
Op. margin -9.3%
Read report →
Q4 FY2023
Quarter ended Jul 2023

Zscaler closed fiscal 2023 with fourth-quarter revenue of $455.0 million, up 43.1% from $318.1 million in the prior-year quarter. Full-year revenue rose 48.2% to $1.62 billion.

7 KPIs8 guidance items11 risks
$455.0M
Revenue · +43.1% YoY
Op. margin -9.8%
Read report →
Q3 FY2023
Quarter ended Apr 2023

Zscaler's fiscal 2023 third quarter revenue came in at $418.80 million, up 46.0% from $286.81 million a year earlier. The May 8 preliminary release had guided the quarter to $415 million to $419 million, against an earlier range of $396 million to $398 million.

8 KPIs8 guidance items7 risks
$418.8M
Revenue · +46.0% YoY
Op. margin -13.3%
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Q2 FY2023
Quarter ended Jan 2023

Zscaler reported fiscal 2023 second-quarter revenue of $387.6 million, up 51.7% from the prior-year quarter. GAAP net loss narrowed to $57.5 million, and diluted loss per share was -$0.40. Operating cash flow rose 85.4% to $89.5 million.

9 KPIs7 guidance items5 risks
$387.6M
Revenue · +51.7% YoY
Op. margin -16.8%
Read report →
Q1 FY2023
Quarter ended Oct 2022

Zscaler reported $355.5 million of revenue in the first quarter of fiscal 2023, up 54% from $230.5 million in the prior-year quarter. Calculated billings, a non-GAAP metric, rose 37% to $340.1 million, and deferred revenue grew 55% to $1,005.7 million.

8 KPIs7 guidance items9 risks
$355.5M
Revenue · +54.2% YoY
Op. margin -19.4%
Read report →
Q4 FY2022
Quarter ended Jul 2022

Zscaler ended fiscal 2022 with fourth-quarter revenue of $318.1 million, up 61% from the prior-year quarter. Full-year revenue came in at $1.09 billion, up 62.1%. Calculated billings for the quarter were $520.4 million, up 57% year over year, and full-year calculated billings rose 59%.

8 KPIs7 guidance items9 risks
$318.1M
Revenue · +61.4% YoY
Op. margin -25.9%
Read report →
Q3 FY2022
Quarter ended Apr 2022

Zscaler reported revenue of $286.8 million for the third quarter of fiscal 2022, up 62.6% from $176.4 million in the same quarter a year earlier. Revenue for the nine months ended April 30, 2022 was $772.9 million, up 62.4% from $476.0 million.

8 KPIs7 guidance items11 risks
$286.8M
Revenue · +62.6% YoY
Op. margin -30.2%
Read report →
Q2 FY2022
Quarter ended Jan 2022

Zscaler posted strong top-line growth in its fiscal 2022 second quarter ended January 31, 2022. Revenue rose 62.7% to $255.6 million from $157.0 million in the prior-year quarter. Gross profit increased 60.9% to $197.8 million, while gross margin slipped to 77.4% from 78.3%.

6 KPIs7 guidance items10 risks
$255.6M
Revenue · +62.7% YoY
Op. margin -32.8%
Read report →
Q1 FY2022
Quarter ended Oct 2021

Zscaler opened fiscal 2022 with revenue of $230.5 million in the first quarter, up 61.7% from the prior-year quarter. Calculated billings rose 71% to $247.7 million. Deferred revenue was $647.8 million as of October 31, 2021. Remaining performance obligations were $1.71 billion, up 97.4% from the prior-year quarter.

7 KPIs7 guidance items9 risks
$230.5M
Revenue · +61.7% YoY
Op. margin -32.3%
Read report →
Q4 FY2021
Quarter ended Jul 2021

Zscaler ended fiscal 2021 with strong top-line momentum, but the bottom line stayed deeply negative. Fourth-quarter revenue was $197.1 million, up 56.5% from $125.9 million in the prior-year quarter. Full-year revenue reached $673.1 million, up 56.1% from $431.3 million.

9 KPIs7 guidance items10 risks
$197.1M
Revenue · +56.5% YoY
Op. margin -34.2%
Read report →
Q3 FY2021
Quarter ended Apr 2021

Zscaler's FY2021 Q3 revenue rose 59.6% to $176.4 million. Year-to-date revenue rose 55.9% to $476.0 million. Gross profit rose 59.9% to $137.4 million in the quarter. Gross margin was 77.9%, up 0.1 percentage point from the prior-year quarter. Year-to-date gross margin was 78.0%, down 0.9 percentage point.

8 KPIs7 risks
$176.4M
Revenue · +59.6% YoY
Op. margin -24.9%
Read report →
Q2 FY2021
Quarter ended Jan 2021

Zscaler closed fiscal 2021 second quarter with revenue of $157.0 million, up 55.1% from the prior-year quarter. Calculated billings, a non-GAAP measure, grew 71% to $232.0 million. Current deferred revenue was $406.2 million, up 61.7%. Remaining performance obligations reached $1.02 billion, up 68.4%.

9 KPIs7 guidance items10 risks
$157.0M
Revenue · +55.1% YoY
Op. margin -34.3%
Read report →
Q1 FY2021
Quarter ended Oct 2020

Zscaler's first quarter of fiscal 2021, ended October 31, 2020, showed strong demand but wider GAAP losses. Revenue rose 52.3% year over year to $142.6 million. Gross profit rose 49.7% to $110.9 million. Gross margin was 77.7%, down 1.4 percentage points.

8 KPIs7 guidance items8 risks
$142.6M
Revenue · +52.3% YoY
Op. margin -29.9%
Read report →

Summaries, guidance, risks and KPIs are generated from the company's SEC filings (10-Q / 10-K and the 8-K earnings release) and checked against the reported XBRL figures. They can contain errors; the filings are authoritative.