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Zscaler (ZS) EBITDA: 2017-2025

Historic EBITDA for Zscaler (ZS) over the last 9 years, with Oct 2025 value amounting to -$36.4 million.

  • Zscaler's EBITDA fell 18.57% to -$36.4 million in Q4 2025 from the same period last year, while for Oct 2025 it was -$134.2 million, marking a year-over-year decrease of 26.46%. This contributed to the annual value of -$128.5 million for FY2025, which is 5.75% down from last year.
  • Per Zscaler's latest filing, its EBITDA stood at -$36.4 million for Q4 2025, which was down 12.78% from -$32.2 million recorded in Q3 2025.
  • In the past 5 years, Zscaler's EBITDA ranged from a high of -$3.0 million in Q2 2024 and a low of -$86.6 million during Q2 2022.
  • Moreover, its 3-year median value for EBITDA was -$38.3 million (2025), whereas its average is -$37.7 million.
  • As far as peak fluctuations go, Zscaler's EBITDA surged by 94.60% in 2024, and later tumbled by 743.38% in 2025.
  • Quarterly analysis of 5 years shows Zscaler's EBITDA stood at -$74.4 million in 2021, then increased by 7.10% to -$69.1 million in 2022, then surged by 33.33% to -$46.1 million in 2023, then skyrocketed by 33.42% to -$30.7 million in 2024, then decreased by 18.57% to -$36.4 million in 2025.
  • Its EBITDA stands at -$36.4 million for Q4 2025, versus -$32.2 million for Q3 2025 and -$25.4 million for Q2 2025.