SuperworthZscaler ZS
- Market cap
- $41.6B
- PE
- n/m
- a loss over the last year
- Forward PE
- 52.3×
- 9y median 76.0×
- Price to sales
- 12.4×
- EV/EBIT
- n/m
- a loss over the last year
- Revenue, 12 months
- $3.4B
- +25% on a year ago
- Net margin
- −1.9%
- Free cash flow yield
- 2.0%
Zscaler trades at 12.4× sales. Its trailing earnings are negative, so it has no PE. Revenue was $3.4B over the last twelve months, up 25% on a year earlier with a −2% net margin.
Charts
Financials
| Income statement | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $496.7M+40% | $525M+35% | $553.2M+32% | $592.9M+30% | $628M+26% | $647.9M+23% | $678M+23% | $719.2M+21% | $788.1M+26% | $815.8M+26% | $850.5M+25% | $898.2M+25% | |
| Cost of revenue | $111.4M+45% | $117.2M+34% | $118.3M+24% | $130.2M+27% | $141.5M+27% | $148.5M+27% | $156M+32% | $172.2M+32% | $184.8M+31% | $191.3M+29% | $192.7M+24% | $209M+21% |
| Gross profit | $385.3M+38% | $407.8M+36% | $434.9M+35% | $462.7M+31% | $486.5M+26% | $499.4M+23% | $522.1M+20% | $547M+18% | $603.4M+24% | $624.5M+25% | $657.8M+26% | $689.2M+26% |
| R&D | $113.5M+52% | $122.2M+43% | $125M+35% | $139.2M+44% | $154.3M+36% | $170.9M+40% | $169.8M+36% | $177.6M+28% | $200.5M+30% | $229.1M+34% | $232.3M+37% | $241.5M+36% |
| SG&A | $317.8M+16% | $331.1M+19% | $312.9M+12% | $350.5M+17% | $362.9M+14% | $368.7M+11% | $377.7M+21% | $401.6M+15% | $439.2M+21% | $447.1M+21% | $455.2M+21% | $463.2M+15% |
| −$46.1M−33% | −$45.5M−30% | −$3M−95% | −$26.9M−40% | −$30.7M−33% | −$40.1M−12% | −$25.4M+743% | −$32.2M+20% | −$36.4M+19% | −$51.8M+29% | −$29.6M+17% | −$15.5M−52% | |
| Interest expense | $3.2M+137% | $3.6M+170% | $2.8M+100% | $3.6M+45% | $3.1M−1% | $2.3M−35% | $2M−29% | $2.1M−43% | $2.1M−32% | $4.2M+81% | $2.7M+37% | $2.7M+32% |
| Pre-tax income | −$24.5M−61% | −$20.5M−62% | $20.9M | −$5.1M−80% | −$4.4M−82% | −$16.5M−19% | $4.6M−78% | −$1.9M−63% | −$8.4M+90% | −$21.3M+29% | −$2.4M | $14.9M |
| $9M+90% | $8M+116% | $1.7M−74% | $9.8M+110% | $7.6M−15% | −$8.8M | $8.7M+399% | $15.7M+60% | $3.2M−58% | $13M | $11.5M+33% | $18.3M+17% | |
| Net income | −$33.5M−51% | −$28.5M−50% | $19.1M | −$14.9M−52% | −$12.1M−64% | −$7.7M−73% | −$4.1M | −$17.6M+18% | −$11.6M−4% | −$34.3M+344% | −$13.9M+237% | −$3.4M−81% |
| −$0.23−52% | −$0.19−53% | $0.12 | −$0.10−52% | −$0.08−65% | −$0.05−74% | −$0.03 | −$0.11+10% | −$0.07−13% | −$0.21+320% | −$0.09+200% | −$0.02−82% | |
| 147.6M+3% | 149M+3% | 154.1M+6% | 151.5M+4% | 152.6M+3% | 153.7M+3% | 154.9M+1% | 156.5M+3% | 158.6M+4% | 159.7M+4% | 160.7M+4% | 161.9M+3% |
EPS, diluted: 10 periods, Q4 FY17 to Q4 FY26: quarter's net income to common over its shares, to the cent.
Diluted shares: 10 periods, Q4 FY17 to Q4 FY26: a loss quarter: its basic count, share-days: the 12-month average less the 9-month, weighted by days.
From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.
Estimates
Next earnings report: .
| Quarter | Revenue | Range | EPS | Range | Analysts |
|---|---|---|---|---|---|
| Q1 FY27 | $937.7M | $937.2M to $939.2M | $1.16 | $1.15 to $1.19 | 26 |
| Q2 FY27 | $956.9M | $949.5M to $965M | $1.18 | $1.14 to $1.21 | 25 |
| Q3 FY27 | $991.9M | $986M to $1B | $1.23 | $1.22 to $1.26 | 11 |
| Q4 FY27 | $1B | $1B to $1.1B | $1.32 | $1.31 to $1.35 | 11 |
| Q1 FY28 | $1.1B | $1.1B to $1.1B | $1.32 | $1.31 to $1.35 | 11 |
| Q2 FY28 | $1.1B | $1.1B to $1.1B | $1.34 | $1.33 to $1.38 | 12 |
| Q3 FY28 | $1.2B | $1.1B to $1.2B | $1.40 | $1.39 to $1.44 | 12 |
| Q4 FY28 | $1.2B | $1.2B to $1.2B | $1.50 | $1.48 to $1.54 | 12 |
Peers
Companies in Software - Infrastructure nearest Zscaler's size, closest first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| ZSZscaler | $41.6B | n/m | n/a | 52.3× | 12.4× | +25% | −1.9% |
| TWLOTwilio | $40.2B | 36.5× | 299× | 42.3× | 7.2× | +18% | 20.6% |
| XYZBlock | $45.9B | 137× | 82.4× | 16.7× | 1.8× | +5% | 1.4% |
| OKTAOkta | $37.2B | 128× | 100× | 52.2× | 12.1× | +11% | 9.6% |
| MDBMongoDB | $29.9B | n/m | n/a | 53.0× | 10.7× | +25% | 2.1% |
| VRSNVeriSign | $27.1B | 32.6× | 30.7× | 29.1× | 15.9× | +7% | 49.8% |
| CPAYCorpay | $26.8B | 24.9× | 24.5× | 13.9× | 5.3× | +20% | 22.7% |
| RBRKRubrik | $26.7B | n/m | n/a | 265× | 17.3× | +42% | −16.5% |
| IOTSamsara | $26.3B | 281× | 334× | 53.2× | 14.2× | +30% | 4.9% |
| FFIVF5 | $25.8B | 36.3× | 25.8× | 26.2× | 7.8× | +9% | 22.0% |
| PTCPTC | $21B | 18.9× | 60.4× | n/m | 7.1× | +19% | 41.4% |
| Peer median | $27B | 36.4× | 71.4× | 42.3× | 9.3× | +19% | 15.1% |
Investors who own it
Investors we follow who held Zscaler at the end of Jun 30, 2026, from their 13F filings.
- Ron BaronBaron Capital0.0% of portfoliotrimmed
More on Zscaler
Each number over time
- PE ratio
- Forward PE
- Price to sales ratio
- Price to free cash flow
- Price to book ratio
- Market cap
- Revenue
- EPS
- Free cash flow
- Profit margin
- Shares outstanding
Its groups
About
- Industry
- Software - Infrastructure
- Sector
- Technology
Valuation data, not investment advice. Prices as of .