stockrow
Tuesday 3 November 2026
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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
226.28
2.49
+1.11%
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Zscaler, Inc. (ZS) Operating margin
Zscaler, Inc.'s operating margin over the twelve months to 31 July 2026 was −3.98%. Over the past ten years it has ranged from −33.4% (fiscal 2016) to −3.98% (fiscal 2026) — the current reading is the highest in ten years. That is below the Software Infrastructure industry median of 0.00% and below the Technology sector median of 0.31%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2026 | −3.98% | 0.83 |
| FY2025 | −4.81% | 0.79 |
| FY2024 | −5.60% | 8.91 |
| FY2023 | −14.5% | 15.50 |
| FY2022 | −30.0% | 0.86 |
| FY2021 | −30.9% | (4.45) |
| FY2020 | −26.4% | (14.76) |
| FY2019 | −11.7% | 6.55 |
| FY2018 | −18.2% | 9.69 |
| FY2017 | −27.9% | 5.52 |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Jul 2026 | −1.72% | 1.77 |
| Apr 2026 | −3.49% | 2.86 |
| Jan 2026 | −6.35% | (1.74) |
| Oct 2025 | −4.61% | (0.13) |
| 33 more quarters | Free account |
Against its own ten years
Low −33.4%
High −3.98%
Ten-year median
−20.7%
Current reading's percentile
100
Operating margin against peers
| Company | Operating margin |
|---|---|
| VRSN VeriSign, Inc. compare | 67.6% |
| CPAY Corpay, Inc. compare | 43.7% |
| NTAP NetApp, Inc. compare | 25.0% |
| OKTA Okta, Inc. compare | 7.55% |
| TWLO Twilio Inc. compare | 6.82% |
| XYZ Block, Inc. compare | 4.64% |
| CRWV CoreWeave Inc. compare | −3.04% |
| ZS Zscaler, Inc. | −3.98% |
| NBIS Nebius Group N.V. compare | −50.5% |
| Software Infrastructure industry median | 0.00% |
| Technology sector median | 0.31% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on ZS
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross 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