Zscaler (ZS) Gross Margin (2017 - 2026)
Zscaler (ZS) posted Gross Margin of 76.80% for FY2026 (year ended Jul 31, 2026), down 0.07 percentage points from 76.87% in FY2025.
Analysis
Zscaler (ZS) Gross Margin (2017 - 2026) Analysis & Trends
Since FY2016, Zscaler has reported Gross Margin for 11 fiscal years.
- Annual Gross Margin shows a five-year change of -0.86 percentage points (FY2021 to FY2026).
- The FY2026 figure stands as the lowest annual Gross Margin since FY2016.
- Business Quant data shows ZS's Gross Margin at 76.87% in FY2025 (-1.12 pp), 77.99% in FY2024 (+0.43 pp), 77.56% in FY2023 (-0.23 pp) and 77.79% in FY2022 (+0.12 pp).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 264.72 Bn | 249.79 Bn | 2.30 Bn | 67.57% |
| 2 | CrowdStrike Holdings | 238.73 Bn | 219.14 Bn | 1.10 Bn | 74.57% |
| 3 | Fortinet | 127.27 Bn | 113.20 Bn | 1.64 Bn | 80.24% |
| 4 | Snowflake | 110.23 Bn | 97.55 Bn | 1.04 Bn | 67.02% |
| 5 | Datadog | 89.17 Bn | 70.81 Bn | 881.34 Mn | 78.59% |
| 6 | Zscaler | 33.92 Bn | 20.04 Bn | - | - |
| 7 | Okta | 33.82 Bn | 23.92 Bn | 641.00 Mn | 79.63% |
| 8 | Axon Enterprise | 33.04 Bn | 27.56 Bn | 546.45 Mn | 60.42% |
| 9 | MongoDB | 27.87 Bn | 18.34 Bn | 569.77 Mn | 73.83% |
| 10 | F5 | 25.05 Bn | 19.46 Bn | 711.51 Mn | 82.25% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jan 31, 2026 | 76.55% |
| Oct 31, 2025 | 76.56% |
| Jul 31, 2025 | 76.05% |
| Apr 30, 2025 | 77.00% |
| Jan 31, 2025 | 77.08% |
| Oct 31, 2024 | 77.47% |
| Jul 31, 2024 | 78.04% |
| Apr 30, 2024 | 78.61% |
| Jan 31, 2024 | 77.68% |
| Oct 31, 2023 | 77.57% |
| Jul 31, 2023 | 77.43% |
| Apr 30, 2023 | 77.11% |
| Jan 31, 2023 | 77.40% |
| Oct 31, 2022 | 78.43% |
| Jul 31, 2022 | 78.52% |
| Apr 30, 2022 | 77.68% |
| Jan 31, 2022 | 77.39% |
| Oct 31, 2021 | 77.37% |
| Jul 31, 2021 | 76.92% |
| Apr 30, 2021 | 77.90% |
API Access
Zscaler Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=ZS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "ZS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=ZS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();