Income StatementBalance SheetCash FlowSegments
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Zscaler Business Segments

Business, geographic, and product segment breakdowns

Zscaler generates $3.2B in annual revenue across 3 key segments: Asia Pacific ($493.0M), Europe, Middle East and Africa ($887.9M), and Other ($112.2M). The company-wide operating margin is -4.73%. Based on the Q2 2026 filing.

Asia Pacific (TTM)$493.0MEurope, Middle East and Africa (TTM)$887.9MOther (TTM)$112.2M
Latest FilingQ2 2026
Report Date2026-05-26
Market Cap$29.3B
ROE-3.71%

Products & Services

MetricQ2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Concentration Risk, Percentage98.0%98.0%—98.0%98.0%98.0%

Geographic

Concentration Risk, Percentage

SegmentQ2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Europe, Middle East and Africa30.0%30.0%—27.0%28.0%28.0%
Asia Pacific16.0%16.0%—15.0%15.0%16.0%
Other3.0%3.0%—4.0%4.0%3.0%

Revenue

SegmentQ2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Europe, Middle East and Africa$192.9M$203.0M$210.8M$212.3M$228.3M$236.4M
Asia Pacific$102.8M$107.4M$114.3M$120.5M$126.2M$132.1M
Other$23.8M$24.7M$25.5M$28.2M$29.0M$29.4M

Business Segments

MetricQ2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Revenue$647.9M$678.0M$719.2M$788.1M$815.8M$850.5M
Sales and marketing$237.5M$250.2M$269.4M$296.2M$283.1M$295.5M
Stock-based compensation expense and related payroll taxes$176.4M$167.8M$180.8M$193.8M$220.4M$212.3M
Cost of revenue$127.1M$133.9M$149.1M$158.3M$161.5M$163.8M
R&D$105.0M$106.0M$103.7M$124.1M$144.4M$143.5M
G&A$37.9M$41.2M$38.2M$37.6M$45.8M$51.8M
Segment Reporting, Other Segment Item, Amount-$32.4M-$21.3M-$14.7M-$24.7M-$17.5M-$15.8M
Net loss-$7.7M-$4.1M-$17.6M-$11.6M-$34.3M-$13.9M
Amortization expense of acquired intangible assets$4.2M$4.3M$4.1M$8.6M$11.1M$11.4M
Acquisition-related expenses$0.0$0.0$1.3M$1.1M$1.2M$1.8M
Restructuring and other charges$0.0$0.0$4.9M$4.7M$0.0$0.0