KPIs & Operating Metrics(New)
Growth Metrics

Zscaler (ZS) Gross Margin (2017 - 2026)

Zscaler has reported Gross Margin over the past 10 years, most recently at 76.55% for Q1 2026.

  • Quarterly Gross Margin fell 53.0% to 76.55% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 76.53% through Jan 2026, down 123.0% year-over-year, with the annual reading at 76.87% for FY2025, 112.0% down from the prior year.
  • Gross Margin was 76.55% for Q1 2026 at Zscaler, roughly flat from 76.56% in the prior quarter.
  • Over five years, Gross Margin peaked at 78.61% in Q2 2024 and troughed at 76.05% in Q3 2025.
  • The 5-year median for Gross Margin is 77.43% (2023), against an average of 77.45%.
  • Year-over-year, Gross Margin soared 160bps in 2022 and then crashed -199bps in 2025.
  • A 5-year view of Gross Margin shows it stood at 78.43% in 2022, then fell by -1bps to 77.57% in 2023, then fell by 0bps to 77.47% in 2024, then dropped by -1bps to 76.56% in 2025, then fell by 0bps to 76.55% in 2026.
  • Per Business Quant, the three most recent readings for ZS's Gross Margin are 76.55% (Q1 2026), 76.56% (Q4 2025), and 76.05% (Q3 2025).