KPIs & Operating Metrics(New)
Growth Metrics

Zscaler (ZS) Net Margin: 2017-2025

Historic Net Margin for Zscaler (ZS) over the last 9 years, with Oct 2025 value amounting to -1.47%.

  • Zscaler's Net Margin rose 45.00% to -1.47% in Q4 2025 from the same period last year, while for Oct 2025 it was -1.45%, marking a year-over-year increase of 13.00%. This contributed to the annual value of -1.55% for FY2025, which is 111.00% up from last year.
  • As of Q4 2025, Zscaler's Net Margin stood at -1.47%, which was up 39.70% from -2.44% recorded in Q3 2025.
  • In the past 5 years, Zscaler's Net Margin registered a high of 3.46% during Q2 2024, and its lowest value of -43.03% during Q1 2021.
  • Over the past 3 years, Zscaler's median Net Margin value was -2.48% (recorded in 2024), while the average stood at -4.29%.
  • Per our database at Business Quant, Zscaler's Net Margin crashed by 1,564bps in 2021 and then spiked by 2,448bps in 2023.
  • Zscaler's Net Margin (Quarterly) stood at -39.40% in 2021, then spiked by 2,023bps to -19.17% in 2022, then spiked by 1,243bps to -6.74% in 2023, then soared by 482bps to -1.92% in 2024, then soared by 45bps to -1.47% in 2025.
  • Its last three reported values are -1.47% in Q4 2025, -2.44% for Q3 2025, and -0.61% during Q2 2025.