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Asset Utilization RatioAssets AverageEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Zscaler (ZS) Operating Margin (2017 - 2025)

Historic Operating Margin for Zscaler (ZS) over the last 9 years, with Q4 2025 value amounting to 4.61%.

  • Zscaler's Operating Margin rose 2700.0% to 4.61% in Q4 2025 from the same period last year, while for Oct 2025 it was 4.73%, marking a year-over-year decrease of 1200.0%. This contributed to the annual value of 4.81% for FY2025, which is 8000.0% up from last year.
  • As of Q4 2025, Zscaler's Operating Margin stood at 4.61%, which was up 2700.0% from 4.48% recorded in Q3 2025.
  • Zscaler's 5-year Operating Margin high stood at 0.54% for Q2 2024, and its period low was 34.32% during Q1 2021.
  • For the 5-year period, Zscaler's Operating Margin averaged around 16.05%, with its median value being 11.55% (2023).
  • In the last 5 years, Zscaler's Operating Margin plummeted by -63000bps in 2021 and then surged by 168800bps in 2023.
  • Over the past 5 years, Zscaler's Operating Margin (Quarter) stood at 32.26% in 2021, then soared by 40bps to 19.43% in 2022, then skyrocketed by 52bps to 9.27% in 2023, then soared by 47bps to 4.88% in 2024, then rose by 6bps to 4.61% in 2025.
  • Its Operating Margin stands at 4.61% for Q4 2025, versus 4.48% for Q3 2025 and 3.75% for Q2 2025.