KPIs & Operating Metrics(New)
Growth Metrics

Zscaler (ZS) Gross Margin (2017 - 2026)

Zscaler (ZS) has disclosed Gross Margin for 10 consecutive years, with 76.55% as the latest value 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 for Q1 2026 was 76.55% at Zscaler, roughly flat from 76.56% in the prior quarter.
  • The five-year high for Gross Margin was 78.61% in Q2 2024, with the low at 76.05% in Q3 2025.
  • Average Gross Margin over 5 years is 77.45%, with a median of 77.43% recorded in 2023.
  • The sharpest move saw Gross Margin skyrocketed 160bps in 2022, then plummeted -199bps in 2025.
  • Over 5 years, Gross Margin stood at 78.43% in 2022, then decreased by -1bps to 77.57% in 2023, then decreased by 0bps to 77.47% in 2024, then fell by -1bps to 76.56% in 2025, then decreased by 0bps to 76.55% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods came in at 76.55%, 76.56%, and 76.05% for Q1 2026, Q4 2025, and Q3 2025 respectively.