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Zscaler ZS Gross Profit

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Other financials

Income statement

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Revenue$850.5M+25.4%
Operating income-$29.6M-16.6%
Net income-$13.9M-237%
EPS (diluted)-$0.09-200%

Balance sheet

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Cash & equivalents$982.1M-50.7%
Total debt$1.7B+40.9%
Total equity$2.4B+31.1%
Total assets$7.1B+32.9%

Cash flow

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Operating cash flow$198.0M-6.2%
CapEx$42.4M-41.2%
Free cash flow$155.6M+12.0%

Valuation

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Market cap$22.83B-51.2%
Enterprise value$23.57B-48.9%
P/S7.2×-11.2×

Profitability

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Gross margin76.7%-0.7pp
Operating margin-4.7%-0.1pp
Net margin-2.4%+3.7pp
FCF margin30.4%+0.1pp

Returns & leverage

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Return on equity-3.7%+2.3pp
Debt / equity0.7×+0.1×
Current ratio1.9×+0.6×

Where this comes from

Calculated from Zscaler’s reported figures.

The official record: Zscaler’s 10-Q, filed May 26, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Zscaler's gross profit?
Zscaler (ZS) reported gross profit of $657.82M in Q1 2026.
How has Zscaler's gross profit changed year-over-year?
Zscaler's gross profit increased by 26.0% year-over-year, from $522.06M to $657.82M.
What is the long-term trend for Zscaler's gross profit?
Over 4 years (2021 to 2025), Zscaler's gross profit has grown at a 40.8% compound annual growth rate (CAGR), from $522.78M to $2.05B.
What does gross profit mean?
Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.