KPIs & Operating Metrics(New)
Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Others
Ratios
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.
  • According to the latest figures from Q4 2025, Zscaler's Operating Margin is 4.61%, which was up 2700.0% from 4.48% recorded in Q3 2025.
  • Over the past 5 years, Zscaler's Operating Margin peaked at 0.54% during Q2 2024, and registered a low of 34.32% during Q1 2021.
  • In the last 5 years, Zscaler's Operating Margin had a median value of 11.55% in 2023 and averaged 16.05%.
  • Per our database at Business Quant, Zscaler's Operating Margin tumbled by -63000bps in 2021 and then soared by 168800bps in 2023.
  • Over the past 5 years, Zscaler's Operating Margin (Quarter) stood at 32.26% in 2021, then skyrocketed by 40bps to 19.43% in 2022, then surged by 52bps to 9.27% in 2023, then skyrocketed by 47bps to 4.88% in 2024, then grew by 6bps to 4.61% in 2025.
  • Its last three reported values are 4.61% in Q4 2025, 4.48% for Q3 2025, and 3.75% during Q2 2025.