Zscaler (ZS) EBT Margin (2017 - 2026)
Zscaler (ZS) reported EBT Margin of 2.61% for Q1 2026, down 6.0% year-over-year from 2.78% in Q1 2025, and down 145.72% quarter-over-quarter from 1.06% in Q4 2025.
Zscaler (ZS) EBT Margin (2017 - 2026) Analysis & Trends
Zscaler (ZS) has 10 years of EBT Margin data on file, last reported at 2.61% in Q1 2026.
- EBT Margin for Q1 2026 came in at 2.61%, down 6.0% year-over-year; the trailing twelve-month figure through Jan 2026 was 0.9% (down 69.0% YoY), and the FY2025 annual result was 0.68%, up 66.0% from the prior year.
- EBT Margin fell to 2.61% in Q1 2026 per ZS's latest filing, from 1.06% in the prior quarter.
- Over five years, EBT Margin peaked at 3.77% in Q2 2024 and troughed at 38.45% in Q1 2022.
- A 5-year average of 9.6% and a median of 3.91% in 2024 frame the typical range for EBT Margin.
- The sharpest annual moves came in 2022 and 2023: EBT Margin tumbled 343 bps in 2022, then soared 2613 bps in 2023.
- A 5-year view of EBT Margin shows it 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 tumbled by 51 bps to 1.06% in 2025, then tumbled by 146 bps to 2.61% in 2026.
- Business Quant data shows ZS's EBT Margin at 2.61% in Q1 2026, 1.06% in Q4 2025, and 0.26% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,095.86 Bn | 3,017.59 Bn | 56.06 Bn | 47.46% |
| 2 | Alarum Technologies | 1,030.32 Bn | 1,016.16 Bn | 7.23 Mn | 6.63% |
| 3 | Oracle | 614.12 Bn | 575.54 Bn | 15.14 Bn | 25.69% |
| 4 | Palantir Technologies | 324.44 Bn | 316.52 Bn | 1.42 Bn | 54.43% |
| 5 | Palo Alto Networks | 189.07 Bn | 184.54 Bn | 1.91 Bn | 21.16% |
| 6 | CrowdStrike Holdings | 168.14 Bn | 165.09 Bn | 993.68 Mn | 4.43% |
| 7 | Fortinet | 106.89 Bn | 103.59 Bn | 1.49 Bn | 35.50% |
| 8 | Cloudflare | 88.20 Bn | 87.25 Bn | 455.60 Mn | -3.35% |
| 9 | Synopsys | 88.13 Bn | 88.01 Bn | 1.77 Bn | 3.28% |
| 10 | Zscaler | 20.81 Bn | 17.30 Bn | 624.49 Mn | -2.61% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | -2.61% |
| Oct 31, 2025 | -1.06% |
| Jul 31, 2025 | -0.26% |
| Apr 30, 2025 | 0.67% |
| Jan 31, 2025 | -2.55% |
| Oct 31, 2024 | -0.70% |
| Jul 31, 2024 | -0.86% |
| Apr 30, 2024 | 3.77% |
| Jan 31, 2024 | -3.91% |
| Oct 31, 2023 | -4.93% |
| Jul 31, 2023 | -5.72% |
| Apr 30, 2023 | -9.40% |
| Jan 31, 2023 | -13.87% |
| Oct 31, 2022 | -17.84% |
| Jul 31, 2022 | -29.92% |
| Apr 30, 2022 | -35.53% |
| Jan 31, 2022 | -38.45% |
| Oct 31, 2021 | -38.31% |
| Jul 31, 2021 | -40.68% |
| Apr 30, 2021 | -32.10% |