Zscaler, Inc.
ZS Technology Software Infrastructure
Zscaler, Inc.’s revenue for fiscal 2026 (year ended July 2026) was $3.4 billion, up 25.4% from fiscal 2025.
- Revenue
- +24.9%
- EPS
- +81.8%
- Free cash flow
- −64.7%
- Total debt
- −0.26%
Quarter to July 2026, against a year earlier
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Zscaler, Inc. (ZS) Gross margin
Zscaler, Inc.'s gross margin over the twelve months to 31 July 2026 was 76.8%. Over the past ten years it has ranged from 73.1% (fiscal 2015) to 80.3% (fiscal 2019); the current reading is higher than 25% of that period. That is above the Software Infrastructure industry median of 59.2% and above the Technology sector median of 47.1%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2026 | 76.8% | (0.07) |
| FY2025 | 76.9% | (1.12) |
| FY2024 | 78.0% | 0.43 |
| FY2023 | 77.6% | (0.23) |
| FY2022 | 77.8% | 0.12 |
| FY2021 | 77.7% | (0.13) |
| FY2020 | 77.8% | (2.50) |
| FY2019 | 80.3% | 0.22 |
| FY2018 | 80.1% | 1.93 |
| FY2017 | 78.2% | 3.21 |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Jul 2026 | 76.7% | (0.62) |
| Apr 2026 | 77.4% | 0.80 |
| Jan 2026 | 76.6% | (0.01) |
| Oct 2025 | 76.6% | 0.51 |
| 33 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| CPAY Corpay, Inc. compare | 100.0% |
| VRSN VeriSign, Inc. compare | 88.6% |
| OKTA Okta, Inc. compare | 78.1% |
| ZS Zscaler, Inc. | 76.8% |
| NBIS Nebius Group N.V. compare | 74.3% |
| NTAP NetApp, Inc. compare | 70.6% |
| CRWV CoreWeave Inc. compare | 67.4% |
| TWLO Twilio Inc. compare | 48.6% |
| XYZ Block, Inc. compare | 47.5% |
| Software Infrastructure industry median | 59.2% |
| Technology sector median | 47.1% |
| Market median | 46.4% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on ZS
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement