Zscaler, Inc. reported Q3 2026 results via an 8-K press release. This page preserves the snapshot available when the site was archived.
Zscaler reported fiscal fourth quarter 2026 revenue of $898.2 million, up 25% year over year, and non-GAAP diluted net income per share of $1.19, compared to $0.89 a year earlier.
Revenue
$898.18M
vs est. $903.71M
Miss -0.6%EPS (non-GAAP)
$1.19
vs est. $1.12
Beat +6.5%Guidance
For the first quarter of fiscal 2027, Zscaler expects revenue of $935 million to $939 million, non-GAAP gross margin of approximately 80%, non-GAAP income from operations of $215 million to $217 million, and non-GAAP net income per share of approximately $1.15 to $1.16; for the full year fiscal 2027, it expects ARR of $4.396 billion to $4.426 billion, revenue of approximately $3.908 billion to $3.938 billion, non-GAAP gross margin of approximately 80%, non-GAAP income from operations of $924 million to $932 million, non-GAAP net income per share of $4.86 to $4.90, and free cash flow margin of approximately 23.0% to 23.5%.
Source: SEC Form 8-K (Item 2.02), EX-99.1 press release. Numbers are company-reported; estimates are Finnhub analyst consensus. This is a same-day snapshot — the full AI analysis (MD&A, risks, audit opinion) is generated automatically when the 10-Q/10-K is filed.
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Drawn from management commentary in the Q2 2026 10-Q:
Revenue rose to $850.5M in Q3 FY2026, up 25.4% YoY from $678.0M, indicating continued top-line expansion despite the company still posting losses. Gross profit increased 26.0% YoY to $657.8M, slightly outpacing revenue growth.
Gross margin was 77.3% in Q3 FY2026 versus 77.0% a year earlier, a modest improvement of about 0.4 percentage points. This suggests ZS maintained pricing power or cost discipline even as cost of revenue increased 23.5% YoY to $192.7M.
R&D expense increased 36.8% YoY to $232.3M, materially faster than revenue growth of 25.4%. That higher investment likely contributed to continued operating losses, with operating income at -$29.6M versus -$25.4M in the prior year period.
Revenue
$850.48M
+25.43% YoY
EPS (Diluted)
-$0.09
-200.00% YoY
Gross Margin
77.3%
+0.4 pts YoY
Operating Income
-$29.64M
-16.64% YoY
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