Zscaler, Inc.
ZSFinancial Statements
Income Statement (Annual)
Amounts in millions
2025
7/31/2025
Revenue
2,673
Cost of Revenue
618
Gross Profit
2,055
Gross Margin
76.9%
Operating Income
-128
Operating Margin
-4.8%
Net Income
-41
Net Margin
-1.6%
EPS (Basic)
$-0.27
EPS (Diluted)
$-0.27
EBITDA
112
EBITDA Margin
4.2%
2024
7/31/2024
Revenue
2,168
Cost of Revenue
480
Gross Profit
1,688
Gross Margin
77.9%
Operating Income
-124
Operating Margin
-5.7%
Net Income
-58
Net Margin
-2.7%
EPS (Basic)
$-0.39
EPS (Diluted)
$-0.39
EBITDA
65
EBITDA Margin
3.0%
2023
7/31/2023
Revenue
1,617
Cost of Revenue
362
Gross Profit
1,254
Gross Margin
77.6%
Operating Income
-215
Operating Margin
-13.3%
Net Income
-202
Net Margin
-12.5%
EPS (Basic)
$-1.40
EPS (Diluted)
$-1.40
EBITDA
-77
EBITDA Margin
-4.7%
2022
7/31/2022
Revenue
1,091
Cost of Revenue
243
Gross Profit
848
Gross Margin
77.7%
Operating Income
-327
Operating Margin
-30.0%
Net Income
-390
Net Margin
-35.8%
EPS (Basic)
$-2.77
EPS (Diluted)
$-2.77
EBITDA
-183
EBITDA Margin
-16.8%
2021
7/31/2021
Revenue
673
Cost of Revenue
151
Gross Profit
522
Gross Margin
77.6%
Operating Income
-207
Operating Margin
-30.8%
Net Income
-262
Net Margin
-38.9%
EPS (Basic)
$-1.93
EPS (Diluted)
$-1.93
EBITDA
-106
EBITDA Margin
-15.7%