Zscaler (ZS) EBT (2017 - 2026)
Zscaler (ZS) posted quarterly EBT of -$21.3 million for Q1 2026, down 28.79% year-over-year from -$29.9 million in Q1 2025, and down 154.33% quarter-over-quarter from -$8.4 million in Q4 2025.
Zscaler (ZS) EBT (2017 - 2026) Analysis & Trends
Zscaler (ZS) has reported EBT for 10 consecutive years, with -$21.3 million the latest figure, recorded in Q1 2026.
- In Q1 2026, EBT fell 28.79% year-over-year to -$21.3 million; the TTM figure through Jan 2026 stood at -$27.0 million (down 420.56% YoY), while the FY2025 annual figure was -$18.3 million, up 37.42% from the prior year.
- EBT declined to -$21.3 million in Q1 2026 per ZS's latest filing, from -$8.4 million in the prior quarter.
- Across five years, EBT topped out at $20.9 million in Q2 2024 and bottomed at -$101.9 million in Q2 2022.
- Historically, EBT has averaged -$32.7 million across 5 years, with a median of -$21.3 million in 2026.
- Annual changes were most pronounced in 2024 — EBT jumped 153.01% — and 2025, when it sank 89.71%.
- Zscaler's EBT stood at -$63.4 million in 2022, then surged by 61.39% to -$24.5 million in 2023, then jumped by 81.97% to -$4.4 million in 2024, then tumbled by 89.71% to -$8.4 million in 2025, then plunged by 154.33% to -$21.3 million in 2026.
- Business Quant data shows ZS's EBT at -$21.3 million in Q1 2026, -$8.4 million in Q4 2025, and -$1.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,679.34 Bn | 3,546.58 Bn | 60.48 Bn | 44.05 Bn |
| 2 | Oracle | 433.50 Bn | 402.15 Bn | - | 5.37 Bn |
| 3 | Palantir Technologies | 418.20 Bn | 408.90 Bn | 1.64 Bn | 1.08 Bn |
| 4 | Palo Alto Networks | 312.41 Bn | 309.30 Bn | 2.03 Bn | -156.00 Mn |
| 5 | Fortinet | 117.38 Bn | 113.31 Bn | 1.64 Bn | 720.20 Mn |
| 6 | Cloudflare | 101.74 Bn | 97.57 Bn | 499.52 Mn | -167.94 Mn |
| 7 | Synopsys | 80.70 Bn | 78.49 Bn | 1.77 Bn | 79.05 Mn |
| 8 | CoreWeave | 58.00 Bn | 52.46 Bn | 1.70 Bn | -564.00 Mn |
| 9 | Block | 49.79 Bn | 43.33 Bn | 3.17 Bn | 301.50 Mn |
| 10 | Zscaler | 29.48 Bn | 26.12 Bn | 624.49 Mn | -21.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | -21.30 Mn |
| Oct 31, 2025 | -8.37 Mn |
| Jul 31, 2025 | -1.90 Mn |
| Apr 30, 2025 | 4.56 Mn |
| Jan 31, 2025 | -16.54 Mn |
| Oct 31, 2024 | -4.41 Mn |
| Jul 31, 2024 | -5.10 Mn |
| Apr 30, 2024 | 20.87 Mn |
| Jan 31, 2024 | -20.51 Mn |
| Oct 31, 2023 | -24.49 Mn |
| Jul 31, 2023 | -26.03 Mn |
| Apr 30, 2023 | -39.36 Mn |
| Jan 31, 2023 | -53.76 Mn |
| Oct 31, 2022 | -63.42 Mn |
| Jul 31, 2022 | -95.15 Mn |
| Apr 30, 2022 | -101.90 Mn |
| Jan 31, 2022 | -98.26 Mn |
| Oct 31, 2021 | -88.32 Mn |
| Jul 31, 2021 | -80.18 Mn |
| Apr 30, 2021 | -56.62 Mn |