Zscaler, Inc. (ZS) Financial Statements

Income statement

Metric	TTM	2026	2025	2024	2023
Revenue
Total Revenue	3.4B	3.4B	2.7B	2.2B	1.6B
Cost of Revenue	777.6M	777.6M	618.2M	479.7M	362.5M
Gross Profit	2.6B	2.6B	2.1B	1.7B	1.3B
Operating Expenses
R&D Expense	903.4M	903.4M	672.5M	499.7M	347.5M
SG&A Expense	1.8B	1.8B	1.5B	1.3B	1.1B
General & Admin Expense	308.9M	308.9M	251.8M	—	—
Selling & Marketing Expense	1.5B	1.5B	1.3B	—	—
Other Expenses	—	—	—	—	—
Total Operating Expenses	2.7B	2.7B	2.2B	1.8B	1.5B
Cost and Expenses	3.5B	3.5B	2.8B	2.3B	1.8B
Operating Income (EBIT)	(133.3M)	(133.3M)	(128.5M)	(123.9M)	(215.4M)
Non-Operating
Interest Income	136.1M	136.1M	125.4M	109.1M	60.5M
Interest Expense	6.3M	(11.8M)	9.5M	13.1M	6.8M
Net Interest Income	92.0M	—	115.8M	96.0M	53.6M
Other Non-Op Income/Expense	116.1M	116.1M	110.2M	94.6M	32.9M
Non-Operating Income (excl Interest)	(68.0M)	—	(119.7M)	(107.7M)	(39.7M)
EBT (Pre-Tax Income)	(17.1M)	(17.1M)	(18.3M)	(29.2M)	(182.6M)
Income Tax Expense	46.0M	46.0M	23.2M	28.5M	19.8M
Bottom Line
Net Income	(63.2M)	(63.2M)	(41.5M)	(57.7M)	(202.3M)
Earnings from Cont. Ops	(63.2M)	(63.2M)	(41.5M)	(57.7M)	(202.3M)
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	(63.2M)	(63.2M)	(41.5M)	(57.7M)	(202.3M)
Per Share
Basic EPS	($0.39)	($0.39)	($0.27)	($0.39)	($1.40)
Diluted EPS	($0.39)	($0.39)	($0.27)	($0.39)	($1.40)
Revenue Per Share	$20.71	$20.92	$17.31	$14.49	$11.16
Shares
Basic Shares Outstanding	161.9M	160.2M	154.4M	149.6M	144.9M
Diluted Shares Outstanding	161.9M	160.2M	154.4M	149.6M	144.9M
Profitability Metrics
EBITDA	71.6M	(133.3M)	112.4M	64.8M	(76.7M)
D&A	136.8M	—	121.2M	80.9M	99.0M
EBIT	(49.7M)	—	(8.8M)	(16.1M)	(175.7M)

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jul 1, 2026