Zscaler (ZS) EBT Margin (2017 - 2026)

Zscaler (ZS) has 10 years of EBT Margin data on file, last reported at 2.61% in Q1 2026.

• On a quarterly basis, EBT Margin fell 6.0% year-over-year to 2.61% in Q1 2026; TTM through Jan 2026 was 0.9%, a 69.0% decrease from a year earlier, with the FY2025 full-year figure at 0.68%, up 66.0% from the prior year.
• EBT Margin for Q1 2026 stood at 2.61%, down from 1.06% in the prior quarter.
• Over the last five years, EBT Margin for ZS reached as high as 3.77% in Q2 2024 and fell as low as 38.45% in Q1 2022.
• Historically, EBT Margin has averaged 9.6% across 5 years, with a median of 3.91% in 2024.
• Across the five-year window, EBT Margin sank 343 bps in 2022 and jumped 2613 bps in 2023, its largest moves.
• Year by year, EBT Margin stood at 17.84% in 2022, then jumped by 72 bps to 4.93% in 2023, then soared by 86 bps to 0.7% in 2024, then plunged by 51 bps to 1.06% in 2025, then plunged by 146 bps to 2.61% in 2026.
• Per Business Quant data, the three most recent EBT Margin figures were 2.61% in Q1 2026, 1.06% in Q4 2025, and 0.26% in Q3 2025.