Zscaler Inc (ZS) FinancialsZSFinancialZscaler Inc

Evaluating the bottom line, Zscaler, Inc. maintains a gross margin of 77.35%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at -3.28%, while the net margin is -1.63%. These profitability ratios, combined with a Return on Equity (ROE) of -3.71%, provide a clear picture of how effectively ZS converts its operational activities into shareholder value.

In the context of the broader market, ZS competes directly with industry leaders such as OKTA and ZM. With a market capitalization of $29.79B, it holds a significant position in the sector. When comparing efficiency, ZS's gross margin of 77.35% stands against OKTA's 79.63% and ZM's 77.16%. Such benchmarking helps identify whether Zscaler, Inc. is trading at a premium or discount relative to its financial performance.

Zscaler has shown consistent revenue growth, with total revenue increasing from $627.96 million in Q1 2025 to $850.48 million in Q3 2026. However, the company has been operating at a loss, with net income losses widening from $12.05 million in Q1 2025 to $34.31 million in Q2 2026. The gross margin remains strong at 77.35% in Q3 2026, indicating efficiency in operations despite the losses.