Zscaler, Inc. (ZS)

Zscaler Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Apr 30, 2025	Jul 31, 2024	Jul 31, 2023	Jul 31, 2022	Jul 31, 2021	Jul 31, 2020
Revenue	2,547	2,168	1,617	1,091	673.1	431.27
Revenue Growth (YoY)	25.46%	34.06%	48.22%	62.08%	56.07%	42.41%
Cost of Revenue	573.95	475.18	361.7	240.84	149.08	95.2
Gross Profit	1,973	1,693	1,255	850.11	524.02	336.07
Selling, General & Admin	1,448	1,298	1,123	873.06	541.27	325.47
Research & Development	627.55	494.28	346.5	284.02	169.22	96.12
Other Operating Expenses	20.54	21.42	12.98	20.46	20.03	8.24
Operating Expenses	2,096	1,814	1,483	1,178	730.52	429.82
Operating Income	-123.17	-121.48	-228.06	-327.43	-206.5	-93.75
Interest Expense	-11.05	-13.13	-6.54	-56.58	-53.36	-5.03
Interest & Investment Income	119.42	109.13	60.46	4.59	2.81	6.48
Currency Exchange Gain (Loss)	-2.94	-	-	-	-	-
Other Non Operating Income (Expenses)	-3.75	-3.75	-1.86	-4.21	1.19	-0.22
EBT Excluding Unusual Items	-21.49	-29.23	-176	-383.63	-255.86	-92.53
Merger & Restructuring Charges	-	-	-6.56	-	-1.32	-1.85
Legal Settlements	-	-	-	-	-	-18.36
Pretax Income	-21.49	-29.23	-182.56	-383.63	-257.18	-112.73
Income Tax Expense	17.29	28.48	19.77	6.65	4.85	2.39
Net Income	-38.78	-57.71	-202.34	-390.28	-262.03	-115.12
Net Income to Common	-38.78	-57.71	-202.34	-390.28	-262.03	-115.12
Shares Outstanding (Basic)	153	150	145	141	136	129
Shares Outstanding (Diluted)	153	150	145	141	136	129
Shares Change (YoY)	3.26%	3.20%	2.87%	3.86%	4.90%	4.66%
EPS (Basic)	-0.25	-0.39	-1.40	-2.77	-1.93	-0.89
EPS (Diluted)	-0.26	-0.39	-1.40	-2.77	-1.93	-0.89
Free Cash Flow	771.82	635.26	365.15	252.62	153.88	36.25
Free Cash Flow Per Share	5.04	4.25	2.52	1.79	1.13	0.28
Gross Margin	77.46%	78.08%	77.63%	77.92%	77.85%	77.93%
Operating Margin	-4.84%	-5.60%	-14.10%	-30.01%	-30.68%	-21.74%
Profit Margin	-1.52%	-2.66%	-12.51%	-35.77%	-38.93%	-26.69%
Free Cash Flow Margin	30.31%	29.30%	22.58%	23.16%	22.86%	8.40%
EBITDA	-73.09	-90.24	-185.44	-290.96	-175.94	-74.04
EBITDA Margin	-2.87%	-4.16%	-11.47%	-26.67%	-26.14%	-17.17%
D&A For EBITDA	50.08	31.24	42.62	36.47	30.56	19.72
EBIT	-123.17	-121.48	-228.06	-327.43	-206.5	-93.75
EBIT Margin	-4.84%	-5.60%	-14.10%	-30.01%	-30.68%	-21.74%
Advertising Expenses	-	25	24	22.1	11.8	11.8

Updated May 29, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q