# Zscaler, Inc.: overview

ZS · Nasdaq · CIK 1713683 · [Technology](/sectors/technology.md) · fiscal year ends Jul 31

Pages: [Overview](/companies/zs.md) · [Financials](/companies/zs/financials.md) · [Filings](/companies/zs/filings.md) · [Insiders](/companies/zs/insiders.md)

Latest reported revenue: [$898.2m](/filings/0001713683-26-000157.md) for Q4 FY2026, three months to 2026-07-31, from the 10-K filed Sep 3, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001713683-26-000157).

## Last eight quarters

| Line item | Unit | Q1 FY2025 (2024-10-31) | Q2 FY2025 (2025-01-31) | Q3 FY2025 (2025-04-30) | Q4 FY2025 (2025-07-31) | Q1 FY2026 (2025-10-31) | Q2 FY2026 (2026-01-31) | Q3 FY2026 (2026-04-30) | Q4 FY2026 (2026-07-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [628](/filings/0001713683-25-000205.md) | [648](/filings/0001713683-26-000048.md) | [678](/filings/0001713683-26-000096.md) | [719 d](/filings/0001713683-26-000157.md) | [788](/filings/0001713683-25-000205.md) | [816](/filings/0001713683-26-000048.md) | [850](/filings/0001713683-26-000096.md) | [898 d](/filings/0001713683-26-000157.md) |
| Gross margin | % | [77.5%](/filings/0001713683-25-000205.md) | [77.1%](/filings/0001713683-26-000048.md) | [77.0%](/filings/0001713683-26-000096.md) | [76.1% d](/filings/0001713683-26-000157.md) | [76.6%](/filings/0001713683-25-000205.md) | [76.6%](/filings/0001713683-26-000048.md) | [77.3%](/filings/0001713683-26-000096.md) | [76.7% d](/filings/0001713683-26-000157.md) |
| Operating margin | % | [(4.9%)](/filings/0001713683-25-000205.md) | [(6.2%)](/filings/0001713683-26-000048.md) | [(3.7%)](/filings/0001713683-26-000096.md) | [(4.5%) d](/filings/0001713683-26-000157.md) | [(4.6%)](/filings/0001713683-25-000205.md) | [(6.3%)](/filings/0001713683-26-000048.md) | [(3.5%)](/filings/0001713683-26-000096.md) | [(1.7%) d](/filings/0001713683-26-000157.md) |
| Net margin | % | [(1.9%)](/filings/0001713683-25-000205.md) | [(1.2%)](/filings/0001713683-26-000048.md) | [(0.6%)](/filings/0001713683-26-000096.md) | [(2.4%) d](/filings/0001713683-26-000157.md) | [(1.5%)](/filings/0001713683-25-000205.md) | [(4.2%)](/filings/0001713683-26-000048.md) | [(1.6%)](/filings/0001713683-26-000096.md) | [(0.4%) d](/filings/0001713683-26-000157.md) |
| Diluted EPS | $ per share | [(0.08)](/filings/0001713683-25-000205.md) | [(0.05)](/filings/0001713683-26-000048.md) | [(0.03)](/filings/0001713683-26-000096.md) | not reported | [(0.07)](/filings/0001713683-25-000205.md) | [(0.21)](/filings/0001713683-26-000048.md) | [(0.09)](/filings/0001713683-26-000096.md) | not reported |
| Free cash flow | $m | [314](/filings/0001713683-25-000205.md) | [164 d](/filings/0001713683-26-000048.md) | [139 d](/filings/0001713683-26-000096.md) | [191 d](/filings/0001713683-26-000157.md) | [431](/filings/0001713683-25-000205.md) | [186 d](/filings/0001713683-26-000048.md) | [156 d](/filings/0001713683-26-000096.md) | [79.4 d](/filings/0001713683-26-000157.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 6-month figure less the 3-month figure; 9-month figure less the 6-month figure; 12-month figure less the 9-month figure.

## Last five fiscal years

| Line item | Unit | FY2022 (2022-07-31) | FY2023 (2023-07-31) | FY2024 (2024-07-31) | FY2025 (2025-07-31) | FY2026 (2026-07-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [1,091](/filings/0001713683-24-000109.md) | [1,617](/filings/0001713683-25-000158.md) | [2,168](/filings/0001713683-26-000157.md) | [2,673](/filings/0001713683-26-000157.md) | [3,353](/filings/0001713683-26-000157.md) |
| Gross margin | % | [77.8%](/filings/0001713683-24-000109.md) | [77.6%](/filings/0001713683-25-000158.md) | [78.0%](/filings/0001713683-26-000157.md) | [76.9%](/filings/0001713683-26-000157.md) | [76.8%](/filings/0001713683-26-000157.md) |
| Operating margin | % | [(30.0%)](/filings/0001713683-24-000109.md) | [(14.5%)](/filings/0001713683-25-000158.md) | [(5.6%)](/filings/0001713683-26-000157.md) | [(4.8%)](/filings/0001713683-26-000157.md) | [(4.0%)](/filings/0001713683-26-000157.md) |
| Net margin | % | [(35.8%)](/filings/0001713683-24-000109.md) | [(12.5%)](/filings/0001713683-25-000158.md) | [(2.7%)](/filings/0001713683-26-000157.md) | [(1.6%)](/filings/0001713683-26-000157.md) | [(1.9%)](/filings/0001713683-26-000157.md) |
| Diluted EPS | $ per share | [(2.77)](/filings/0001713683-24-000109.md) | [(1.40)](/filings/0001713683-25-000158.md) | [(0.39)](/filings/0001713683-26-000157.md) | [(0.27)](/filings/0001713683-26-000157.md) | [(0.39)](/filings/0001713683-26-000157.md) |
| Free cash flow | $m | [253](/filings/0001713683-24-000109.md) | [365](/filings/0001713683-25-000158.md) | [635](/filings/0001713683-26-000157.md) | [808](/filings/0001713683-26-000157.md) | [852](/filings/0001713683-26-000157.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/zs/insiders.md)

| Date | Insider | Role | Transaction | Shares | Reported price | Value | Filing |
| --- | --- | --- | --- | ---: | ---: | ---: | --- |
| 2026-10-26 | [Rubin Kevin](/insiders/1198529.md) | Chief Financial Officer, Officer | Sale (S) | 20 | $261.272 | $5.2k | [Form 4](/filings/0001713683-26-000210.md) |
| 2026-10-26 | [Rubin Kevin](/insiders/1198529.md) | Chief Financial Officer, Officer | Sale (S) | 252 | $260.3464 | $65.6k | [Form 4](/filings/0001713683-26-000210.md) |
| 2026-10-26 | [Rubin Kevin](/insiders/1198529.md) | Chief Financial Officer, Officer | Sale (S) | 120 | $259.7297 | $31.2k | [Form 4](/filings/0001713683-26-000210.md) |
| 2026-10-26 | [Rubin Kevin](/insiders/1198529.md) | Chief Financial Officer, Officer | Sale (S) | 19 | $258.6184 | $4.9k | [Form 4](/filings/0001713683-26-000210.md) |
| 2026-10-26 | [Rubin Kevin](/insiders/1198529.md) | Chief Financial Officer, Officer | Sale (S) | 21 | $257.4786 | $5.4k | [Form 4](/filings/0001713683-26-000210.md) |
| 2026-10-26 | [Rubin Kevin](/insiders/1198529.md) | Chief Financial Officer, Officer | Sale (S) | 16 | $256.31 | $4.1k | [Form 4](/filings/0001713683-26-000210.md) |
| 2026-10-26 | [Rubin Kevin](/insiders/1198529.md) | Chief Financial Officer, Officer | Sale (S) | 14 | $255.3214 | $3.6k | [Form 4](/filings/0001713683-26-000210.md) |
| 2026-10-26 | [Rubin Kevin](/insiders/1198529.md) | Chief Financial Officer, Officer | Sale (S) | 32 | $254.3419 | $8.1k | [Form 4](/filings/0001713683-26-000210.md) |
| 2026-10-26 | [Rubin Kevin](/insiders/1198529.md) | Chief Financial Officer, Officer | Sale (S) | 20 | $253.26 | $5.1k | [Form 4](/filings/0001713683-26-000210.md) |

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $1.40bn | 9,890,384 |  | Added +1,322,067 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $874.7m | 6,196,726 |  | Added +266,091 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $666.4m | 4,721,393 |  | Added +60,503 |
| [FIRST TRUST ADVISORS LP](/funds/1125816.md) | 2026-06-30 | $498.1m | 3,529,213 |  | Added +10,535 |
| [GOLDMAN SACHS GROUP INC](/funds/886982.md) | 2026-06-30 | $446.3m | 3,161,548 |  | Added +236,609 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $352.0m | 2,493,672 |  | Added +109,154 |
| [SUSQUEHANNA INTERNATIONAL GROUP, LLP](/funds/1446194.md) | 2026-06-30 | $350.2m | 2,480,700 | Call | Added +946,200 |
| [Pictet Asset Management Holding SA](/funds/1993888.md) | 2026-06-30 | $296.9m | 2,104,621 |  | Added +184,081 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $294.3m | 2,090,724 |  | Added +3,814 |
| [JANE STREET GROUP, LLC](/funds/1595888.md) | 2026-06-30 | $266.7m | 1,889,700 | Put | Added +683,500 |

## Recent filings

[All 889 filings](/companies/zs/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-06 | 06:02 ET | [8-K](/filings/0001713683-26-000200.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001713683-26-000200 |
| 2026-09-24 | 16:07 ET | [8-K](/filings/0001713683-26-000193.md) | 5.02 Departure or appointment of officers or directors | 0001713683-26-000193 |
| 2026-09-03 | 16:22 ET | [10-K](/filings/0001713683-26-000157.md) | Annual report, period 2026-07-31 | 0001713683-26-000157 |
| 2026-09-03 | 16:08 ET | [8-K](/filings/0001713683-26-000156.md) | 2.02 Results of operations; 2.05 Exit or disposal costs; 9.01 Financial statements and exhibits | 0001713683-26-000156 |
| 2026-05-26 | 16:09 ET | [10-Q](/filings/0001713683-26-000096.md) | Quarterly report, period 2026-04-30 | 0001713683-26-000096 |
| 2026-05-26 | 16:08 ET | [8-K](/filings/0001713683-26-000095.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001713683-26-000095 |
| 2026-04-16 | 16:02 ET | [8-K](/filings/0001713683-26-000082.md) | 5.02 Departure or appointment of officers or directors | 0001713683-26-000082 |
| 2026-02-26 | 16:09 ET | [10-Q](/filings/0001713683-26-000048.md) | Quarterly report, period 2026-01-31 | 0001713683-26-000048 |
| 2026-02-26 | 16:07 ET | [8-K](/filings/0001713683-26-000047.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001713683-26-000047 |
| 2026-01-15 | 16:01 ET | [8-K](/filings/0001713683-26-000031.md) | 5.07 Shareholder vote results | 0001713683-26-000031 |

## Latest annual report

[Form 10-K for the fiscal year ended Jul 31, 2026](/filings/0001713683-26-000157.md), filed Sep 3, 2026.

## Forecast league

Not in this season’s league. [This season’s league](/leagues.md)

## About the filer

- CIK: 1713683
- Tickers: ZS
- Exchange: Nasdaq
- SIC code: 7371 Services-Computer Programming Services
- State of incorporation: DE
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 27, 2026, 17:29 ET. No prices; not investment advice.