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
DateValue
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