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Zscaler, Inc. (ZS)

184.60 +2.23 (+1.22%)
At close: May 26 at 4:00:00 PM EDT
145.71 -38.89 (-21.07%)
Overnight: 10:15:46 PM EDT
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ZS Q3 2026 earnings call
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News headlines Zscaler's recent Q3 results showed a 25% revenue increase to $850.5 million and an adjusted EPS of $1.08, surpassing estimates. However, the company faced a sharp stock decline due to cautious Q4 revenue guidance and a reduction in cash-flow margin expectations.

Zscaler's recent Q3 results showed a 25% revenue increase to $850.5 million and an adjusted EPS of $1.08, surpassing estimates. However, the company faced a sharp stock decline due to cautious Q4 revenue guidance and a reduction in cash-flow margin expectations.

Updated 24m ago · Powered by Yahoo Scout
  • Previous Close 182.37
  • Open 183.88
  • Bid 173.89 x 200
  • Ask 206.24 x 200
  • Day's Range 181.88 - 191.25
  • 52 Week Range 114.62 - 336.99
  • Volume 9,326,383
  • Avg. Volume 3,051,411
  • Market Cap (intraday) 29.682B
  • Beta (5Y Monthly) 0.96
  • PE Ratio (TTM) --
  • EPS (TTM) -0.42
  • Earnings Date May 26, 2026
  • Forward Dividend & Yield --
  • Ex-Dividend Date --
  • 1y Target Est 221.19

Zscaler, Inc. operates as a cloud security company worldwide. The company offers cyberthreat protection products, including Zscaler Internet Access, which provides threat protection, cloud sandbox, and cloud browser isolation; Zscaler Private Access solution that includes cyberthreat and data protection, application discovery, secure application access, application segmentation, application protection, reduced attack surface, and browser isolation; Zero Trust Firewall; Cloud Sandbox; and Zero Trust Browser. It also provides data security products, such as web and email DLP, endpoint DLP, BYOD security, multi-mode CASB, unified SaaS security, DSPM, AI-SPM, public gen AI security, and Microsoft Copilot data protection; Zero Trust Cloud solution. In addition, the company offers Zero Trust Branch comprising Zero Trust SD-WAN; IoT/OT segmentation; privileged remote access; Zscaler Cellular; and Zscaler Digital Experience that measures end-to-end user experience across business applications, as well as provides an easy-to-understand digital experience score for each user, application, and location within an enterprise. Further, it provides security operations products, including data fabric for security; asset exposure management; Risk360; unified vulnerability management; deception; managed detection and response; and managed threat hunting. Additionally, the company offers Zero Trust Gateway, a fully managed Zscaler service. It serves the automotive, airlines and transportation, conglomerates, consumer goods and retail, energy, financial services, healthcare, insurance, manufacturing, media and communications, public sector and education, technology, and telecommunications services industries. The company was formerly known as SafeChannel, Inc., and changed its name to Zscaler, Inc. in August 2008. Zscaler, Inc. was incorporated in 2007 and is headquartered in San Jose, California.

www.zscaler.com

7,923

Full Time Employees

July 31

Fiscal Year Ends

Performance Overview: ZS

Trailing total returns as of 5/26/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

ZS
17.93%
S&P 500 (^GSPC)
9.84%

1-Year Return

ZS
27.35%
S&P 500 (^GSPC)
29.58%

3-Year Return

ZS
41.33%
S&P 500 (^GSPC)
78.79%

5-Year Return

ZS
4.94%
S&P 500 (^GSPC)
79.20%

Earnings Trends: ZS

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized
 

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q3 FY26
Revenue 850.48M
Earnings 177.88M

Q4

FY25

Q1

FY26

Q2

FY26

Q3

FY26

0
200M
400M
600M
800M
 

Analyst Insights: ZS

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Analyst Price Targets

155.00 Low
221.19 Average
184.60 Current
320.00 High
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Latest Rating

Date 5/21/2026
Analyst Wells Fargo
Rating Action Maintains
Rating Overweight
Price Action Raises
Price Target 200 -> 210
 

Statistics: ZS

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Valuation Measures

Annual
As of 5/22/2026
  • Market Cap

    29.32B

  • Enterprise Value

    27.68B

  • Trailing P/E

    --

  • Forward P/E

    39.22

  • PEG Ratio (5yr expected)

    1.96

  • Price/Sales (ttm)

    9.57

  • Price/Book (mrq)

    13.35

  • Enterprise Value/Revenue

    9.22

  • Enterprise Value/EBITDA

    211.11

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    -2.25%

  • Return on Assets (ttm)

    -1.41%

  • Return on Equity (ttm)

    -3.56%

  • Revenue (ttm)

    3B

  • Net Income Avi to Common (ttm)

    -67.63M

  • Diluted EPS (ttm)

    -0.42

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    3.51B

  • Total Debt/Equity (mrq)

    85.00%

  • Levered Free Cash Flow (ttm)

    1.02B

Compare To: ZS

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Company Insights: ZS

Fair Value

184.60 Current
 

Dividend Score

0 Low
Sector Avg.
100 High
 

Hiring Score

0 Low
Sector Avg.
100 High
 

Insider Sentiment Score

0 Low
Sector Avg.
100 High
 

Research Reports: ZS

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  • Anthropic's Mythos Model's Security Capabilities Are Going to Increase Demand for Cybersecurity

    Zscaler is a software-as-a-service, or SaaS, firm focusing on providing cloud-native cybersecurity solutions to primarily enterprise customers. Zscaler’s offerings can be broadly partitioned into Zscaler Internet Access, which provides secure access to external applications, and Zscaler Private Access, which provides secure access to internal applications. The firm is headquartered in San Jose, California, and went public in 2018.

    Rating
    Price Target
     
  • SMID May 2026 Pick List

    This pick list highlights constituents of the Morningstar US Mid Cap Index that we believe offer investors the best risk-adjusted return prospects. The market capitalization range for U.S. mid-caps typically falls between $1 billion and $8 billion and represents 20% of the total capitalization of the U.S. equity market.

     
  • Anthropic's Mythos Model's Security Capabilities Are Going to Increase Demand for Cybersecurity

    Zscaler is a software-as-a-service, or SaaS, firm focusing on providing cloud-native cybersecurity solutions to primarily enterprise customers. Zscaler’s offerings can be broadly partitioned into Zscaler Internet Access, which provides secure access to external applications, and Zscaler Private Access, which provides secure access to internal applications. The firm is headquartered in San Jose, California, and went public in 2018.

    Rating
    Price Target
     
  • Moat, Valuation, and Uncertainty Changes as We Reassess our Cybersecurity Coverage With AI in Mind

    Zscaler is a software-as-a-service, or SaaS, firm focusing on providing cloud-native cybersecurity solutions to primarily enterprise customers. Zscaler’s offerings can be broadly partitioned into Zscaler Internet Access, which provides secure access to external applications, and Zscaler Private Access, which provides secure access to internal applications. The firm is headquartered in San Jose, California, and went public in 2018.

    Rating
    Price Target
     

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