Zscaler, Inc.
Profit after direct costs
Core business profitability
Bottom line profitability
Top line growth rate
Flow of revenue through cost categories to net income
| Item | Trend | 2021 | 2022 | 2023 | 2024 | 2025 | YoY Change |
|---|---|---|---|---|---|---|---|
Total Revenue | 673.10M | 1.09B | 1.62B | 2.17B | 2.67B | 23.3% | |
| Cost of Revenue | (150.64M) | (243.32M) | (362.48M) | (479.66M) | (618.18M) | 28.9% | |
Gross Profit | 522.46M | 847.63M | 1.25B | 1.69B | 2.05B | 21.7% | |
| Operating Expenses | |||||||
| Research & Development | (174.65M) | (288.81M) | (347.52M) | (499.75M) | (672.49M) | 34.6% | |
| Selling, General & Administrative | (555.20M) | (886.25M) | (1.12B) | (1.31B) | (1.51B) | 15.1% | |
| General & Administrative | — | — | — | — | (251.75M) | — | |
| Selling & Marketing | — | — | — | — | (1.26B) | — | |
| Depreciation & Amortization | (98.01M) | (143.62M) | (99.03M) | (80.93M) | (121.18M) | 49.7% | |
Operating Income (EBIT) | -207.40M | -327.43M | -215.44M | -123.88M | -128.46M | 3.7% | |
| Non-Operating Items | |||||||
| Interest Income | 2.81M | 4.59M | 60.46M | 109.13M | 125.36M | 14.9% | |
| Interest Expense | (53.36M) | (56.58M) | (6.82M) | (13.09M) | (9.52M) | -27.3% | |
| Other Income/Expenses (Net) | -49.78M | -56.20M | 32.88M | 94.65M | 110.17M | 16.4% | |
Income Before Tax | -257.18M | -383.63M | -182.56M | -29.23M | -18.29M | -37.4% | |
| Income Tax Expense | (4.85M) | (6.65M) | (19.77M) | (28.48M) | (23.19M) | -18.6% | |
Net Income | -262.03M | -390.28M | -202.34M | -57.71M | -41.48M | -28.1% | |
| Per Share Metrics | |||||||
| Earnings Per Share (Basic) | $-2 | $-3 | $-1 | $-0 | $-0 | -30.8% | |
| Weighted Avg Shares Outstanding | 135.65M | 140.90M | 144.94M | 149.59M | 154.40M | 3.2% | |
| Weighted Avg Shares Outstanding (Diluted) | 135.65M | 140.90M | 144.94M | 149.59M | 154.40M | 3.2% | |
EBITDA | -105.80M | -183.43M | -76.72M | 64.79M | 112.41M | 73.5% |
Explore ZS
ZS in the Technology
Large Cap