Zscaler, Inc. Income Statement
ZS / Information Technology|10 years of annual SEC 10-K data (FY2016-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 10 fiscal years. All figures from audited SEC 10-K filings.
Zscaler, Inc. reported $2.7B in revenue and $41M in net loss for FY2025. Revenue has grown at a 47.6% compound annual rate over the past 9 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 0.64 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.7B | $2.2B | $1.6B | $1.1B | $673.1M | $190.2M | $125.7M | $80.3M | $125.7M | $80.3M |
| Cost of Revenue | $618.2M | $477.1M | $362.8M | $242.3M | $150.3M | $9.4M | $6.9M | $20.1M | $6.9M | $20.1M |
| Gross Profit | $2.1B | $1.7B | $1.3B | $848.7M | $522.8M | $152.3M | $98.2M | $60.2M | $98.2M | $60.2M |
| SG&A Expense | $251.8M | $212.1M | $178.9M | $151.7M | $96.5M | $31.1M | $20.5M | $9.4M | $20.5M | $9.4M |
| R&D Expense | $672.5M | $499.8M | $350.8M | $289.1M | $174.7M | $39.4M | $33.6M | $20.9M | $33.6M | $20.9M |
| Operating Income | -$128.5M | -$121.5M | -$234.6M | -$327.4M | -$207.8M | -$34.6M | -$35.1M | -$26.8M | -$35.1M | -$26.8M |
| Interest Expense | - | $5.3M | $5.3M | $56.6M | $53.4M | $0 | $597.0K | $289.0K | $597.0K | $289.0K |
| Income Tax | $23.2M | $28.5M | $19.8M | $6.6M | $4.9M | $1.3M | $877.0K | $468.0K | $877.0K | $468.0K |
| Net Income | -$41.5M | -$57.7M | -$202.3M | -$390.3M | -$262.0M | -$33.6M | -$35.5M | -$27.4M | -$35.5M | -$27.4M |
| EPS (Basic) | -$0.27 | -$0.39 | -$1.40 | -$2.77 | -$1.93 | - | - | - | - | - |
| EPS (Diluted) | -$0.27 | -$0.39 | -$1.40 | -$2.77 | -$1.93 | -$0.63 | -$1.54 | -$1.36 | - | -$1.36 |
| Shares Outstanding | 158.3M | 152.5M | 147.2M | 143.0M | 138.7M | 127.3M | 119.8K | 32.4M | 29.2M | 26.5M |
| Gross Margin | 76.9% | 78.0% | 77.6% | 77.8% | 77.7% | 80.1% | 78.1% | 74.9% | 78.1% | 74.9% |
| Operating Margin | -4.8% | -5.6% | -14.5% | -30.0% | -30.9% | -18.2% | -27.9% | -33.4% | -27.9% | -33.4% |
| Profit Margin | -1.6% | -2.7% | -12.5% | -35.8% | -38.9% | -17.7% | -28.2% | -34.2% | -28.2% | -34.2% |