Zscaler maintains a dominant position in cloud-native security, yet its transition to sustained GAAP profitability remains elusive as revenue growth decelerated to 25.4% in 2026Q3. While the company benefits from a robust $2.5 billion deferred revenue backlog,...
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue growth has moderated from 35.4% in 2024Q2 to 25.4% in 2026Q3, while elevated SG&A expenses of $455.2 million continue to prevent consistent GAAP operating profitability.
Zscaler is a leading provider of cloud-based zero trust security solutions, positioning it well for enterprise digital transformation.
The company's cloud-native security platform addresses growing demand for protecting users, workloads, and devices in the AI era.
With a high forward P/E ratio, investors see long-term growth potential in Zscaler's business model and market position.
Trailing total returns as of 9/23/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Sep 3, 2026 | $1.19+9.2% vs $1.09 | $898M+2.4% vs $877M |
Q2 2026 May 26, 2026 | $1.08+6.9% vs $1.01 | $850M+1.8% vs $835M |
Q1 2026 Feb 26, 2026 | $1.01+13.0% vs $0.89 | $816M+2.2% vs $798M |
Q4 2025 Nov 25, 2025 | $0.96+12.1% vs $0.86 | $788M+1.9% vs $773M |
Ritholtz Wealth Management CEO Josh Brown and colleague Sean Russo used their latest “The Best Stocks in the Market” column at CNBC to stake out a clear position on security software: four names earn a spot, two do not.
ZS' AI-related bookings jump more than 50% sequentially in Q4'26, as rising AI security demand opens a new growth avenue.
Recently, Zacks.com users have been paying close attention to Zscaler (ZS). This makes it worthwhile to examine what the stock has in store.
Zscaler, Inc. (NASDAQ: ZS - Get Free Report) insider Robert Schlossman sold 2,325 shares of Zscaler stock in a transaction that occurred on Wednesday, September 16th. The stock was sold at an average price of $192.76, for a total value of $448,167.00. Following the completion of the transaction, the insider directly owned 66,919 shares in the
Benchmark ZS against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Zscaler, Inc. (ZS)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $210.18 | $33.99B | -778.44 | 23.31% | -1.55% | -2.7% | — | |
| $250.06 | $254.63B | -1562.88 | 21.71% | 1.08% | 1.27% | — | |
| $374.57 | $255.27B | 234.11 | 14.87% | 2.67% | 1.68% | — | |
| $174.26 | $127.67B | 71.71 | 14.17% | 28.17% | 187.95% | — | |
| $352.95 | $125.27B | -1217.05 | 29.85% | -8.21% | -13.86% | — | |
| $23.85 | $8.03B | -17.41 | 21.89% | -30.95% | -23.16% | — |
Zscaler, Inc. (ZS) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Zscaler, Inc. (ZS) SEC filings — annual & quarterly reports (10-K, 10-Q)
Sep 3, 2026·SEC
May 26, 2026·SEC
Apr 16, 2026·SEC
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Zscaler, Inc. (ZS) stock FAQ — growth, dividends, profitability & financials explained
Zscaler, Inc. (ZS) reported $3.35B in revenue for fiscal year 2025. This represents a 6142% increase from $53.7M in 2015.
Zscaler, Inc. (ZS) grew revenue by 23.3% over the past year. This is strong growth.
Zscaler, Inc. (ZS) reported a net loss of $63.2M for fiscal year 2025.
Zscaler, Inc. (ZS) has a return on equity (ROE) of -2.7%. Negative ROE indicates the company is unprofitable.
Zscaler, Inc. (ZS) generated $914.4M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
