To the full analysis
Zscaler stock: growth
ZSZscaler reported $3.35B in revenue for fiscal 2026, up 25.4% on the prior year, up 37.9% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
45.6%
per year from 2015 to 2026, per share 23.5%
Earnings (Annual rate)
no data
Free cash flow (Annual rate)
no data
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2021 | since 2016 | since 2015 | |
|---|---|---|---|
| Revenue | 37.9% | 45.2% | 45.6% |
| Revenue per share | 33.4% | 22.0% | 23.5% |
| Earnings | no data | no data | no data |
| Earnings per share | no data | no data | no data |
| Free cash flow | 42.8% | no data | no data |
| Free cash flow per share | 38.1% | no data | no data |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2015 | $53.71M | −$12.83M | −$9.98M |
| 2016 | $80.33M | −$27.44M | −$18.16M |
| 2017 | $125.72M | −$35.46M | −$14.19M |
| 2018 | $190.17M | −$33.65M | $2.14M |
| 2019 | $302.84M | −$28.66M | $27.87M |
| 2020 | $431.27M | −$115.12M | $27.51M |
| 2021 | $673.1M | −$262.03M | $143.74M |
| 2022 | $1.09B | −$390.28M | $231.33M |
| 2023 | $1.62B | −$202.34M | $333.62M |
| 2024 | $2.17B | −$57.71M | $584.95M |
| 2025 | $2.67B | −$41.48M | $726.69M |
| 2026 | $3.35B | −$63.18M | $852.35M |
Revenue by region
Where Zscaler, Inc. generates its revenue.
- United States49%
- EMEA41%
- Asia Pacific8%
- Other2%
“Other” combines smaller regions with revenue the company does not assign to a region.
Figures as a table
| 2018 | 2019 | Share 2019 | |
|---|---|---|---|
| United States | $86.12M | $148.81M | 49.1% |
| EMEA | $84.83M | $124.44M | 41.1% |
| Asia Pacific | $14.47M | $23.84M | 7.9% |
| Other | $4.76M | $5.75M | 1.9% |
| Total revenue | $190.17M | $302.84M | 100% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2026, period end 31 Jul 2026
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Weak, published since 7 Nov 2026 (in the score history since 7 Nov 2025)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.