Zscaler Income Statement

Financials in millions USD. Fiscal year is August - July.

Millions USD. Fiscal year is Aug - Jul.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '25 Oct 31, 2025	Jul '25 Jul 31, 2025	Jul '24 Jul 31, 2024	Jul '23 Jul 31, 2023	Jul '22 Jul 31, 2022	Jul '21 Jul 31, 2021
Revenue	2,833	2,673	2,168	1,617	1,091	673.1
Revenue Growth (YoY)	23.24%	23.31%	34.06%	48.22%	62.08%	56.07%
Cost of Revenue	658.25	615.19	475.18	361.7	240.84	149.08
Gross Profit	2,175	2,058	1,693	1,255	850.11	524.02
Selling, General & Admin	1,567	1,496	1,298	1,124	873.06	541.27
Research & Development	704.14	659.96	494.28	346.71	284.02	169.22
Other Operating Expenses	25.96	24.18	21.42	12.98	20.46	20.03
Operating Expenses	2,297	2,180	1,814	1,483	1,178	730.52
Operating Income	-122.09	-122.22	-121.48	-228.06	-327.43	-206.5
Interest Expense	-8.51	-9.52	-13.13	-6.54	-56.58	-53.36
Interest & Investment Income	128.47	125.36	109.13	60.46	4.59	2.81
Other Non Operating Income (Expenses)	-8.06	-5.67	-3.75	-1.86	-4.21	1.19
EBT Excluding Unusual Items	-10.19	-12.05	-29.23	-176	-383.63	-255.86
Merger & Restructuring Charges	-12.06	-6.24	-	-6.56	-	-1.32
Pretax Income	-22.25	-18.29	-29.23	-182.56	-383.63	-257.18
Income Tax Expense	18.79	23.19	28.48	19.77	6.65	4.85
Net Income	-41.04	-41.48	-57.71	-202.34	-390.28	-262.03
Net Income to Common	-41.04	-41.48	-57.71	-202.34	-390.28	-262.03
Shares Outstanding (Basic)	156	154	150	145	141	136
Shares Outstanding (Diluted)	156	154	150	145	141	136
Shares Change (YoY)	3.38%	3.22%	3.20%	2.87%	3.86%	4.90%
EPS (Basic)	-0.26	-0.27	-0.39	-1.40	-2.77	-1.93
EPS (Diluted)	-0.26	-0.27	-0.39	-1.40	-2.77	-1.93
Free Cash Flow	924.86	808.2	635.26	365.15	252.62	153.88
Free Cash Flow Per Share	5.93	5.23	4.25	2.52	1.79	1.13
Gross Margin	76.77%	76.99%	78.08%	77.63%	77.92%	77.85%
Operating Margin	-4.31%	-4.57%	-5.60%	-14.10%	-30.01%	-30.68%
Profit Margin	-1.45%	-1.55%	-2.66%	-12.51%	-35.77%	-38.93%
Free Cash Flow Margin	32.64%	30.23%	29.30%	22.58%	23.16%	22.86%
EBITDA	-67.71	-77.76	-76.85	-185.44	-290.96	-175.94
EBITDA Margin	-2.39%	-2.91%	-3.55%	-11.47%	-26.67%	-26.14%
D&A For EBITDA	54.39	44.46	44.63	42.62	36.47	30.56
EBIT	-122.09	-122.22	-121.48	-228.06	-327.43	-206.5
EBIT Margin	-4.31%	-4.57%	-5.60%	-14.10%	-30.01%	-30.68%
Advertising Expenses	-	29.9	25	24	22.1	11.8

Source: S&P Global Market Intelligence. Standard template. Financial Sources.