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) Net margin
Zscaler, Inc.'s net margin over the twelve months to 31 July 2026 was −1.88%. Over the past ten years it has ranged from −44.9% (fiscal 2016) to −1.55% (fiscal 2025); the current reading is higher than 92% of that period. That is below the Software Infrastructure industry median of 0.00% and below the Technology sector median of 0.00%.
Net margin, annual
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Annual newest first
| Period | Net margin | Change (points) |
|---|---|---|
| FY2026 | −1.88% | (0.33) |
| FY2025 | −1.55% | 1.11 |
| FY2024 | −2.66% | 9.85 |
| FY2023 | −12.5% | 23.26 |
| FY2022 | −35.8% | 3.16 |
| FY2021 | −38.9% | (12.24) |
| FY2020 | −26.7% | (17.23) |
| FY2019 | −9.46% | 11.56 |
| FY2018 | −21.0% | 14.80 |
| FY2017 | −35.8% | 9.10 |
Quarterly newest first
| Period | Net margin | Change (points) |
|---|---|---|
| Jul 2026 | −0.38% | 1.25 |
| Apr 2026 | −1.63% | 2.58 |
| Jan 2026 | −4.21% | (2.74) |
| Oct 2025 | −1.47% | 0.97 |
| 33 more quarters | Free account |
Against its own ten years
Net margin against peers
| Company | Net margin |
|---|---|
| VRSN VeriSign, Inc. compare | 49.1% |
| CPAY Corpay, Inc. compare | 22.6% |
| TWLO Twilio Inc. compare | 21.8% |
| NTAP NetApp, Inc. compare | 19.2% |
| OKTA Okta, Inc. compare | 9.63% |
| NBIS Nebius Group N.V. compare | 3.13% |
| XYZ Block, Inc. compare | 1.80% |
| ZS Zscaler, Inc. | −1.88% |
| CRWV CoreWeave Inc. compare | −25.4% |
| Software Infrastructure industry median | 0.00% |
| Technology sector median | 0.00% |
| Market median | 1.22% |
What Net margin is
Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.
Net Income Allotted to Shareholders ÷ Revenue
More on ZS
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating 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