Zscaler ZS Revenue Breakdown

NASDAQ ZS
$197.66 -6.22 (-3.05%)
At close: Nov 6, 2026 · 4:00 PM EST
Annual revenue breakdowns for Zscaler, fiscal 2016 to 2026, as reported in its filings.
Annual history

Zscaler Revenue by Geography

Years FY 2016–2026
Lines 4
FY 2026 Total $3.35B

United States was Zscaler’s largest region in fiscal 2026, bringing in $1.79B of $3.35B (53%).

Zscaler revenue by geography, fiscal 2016 to 2026
Geography FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
United States $808.53M $1.09B $1.36B $1.79B
Europe, Middle East & Africa $515.14M $672.42M $792.82M $923.40M
Asia Pacific $241.25M $327.82M $423.81M $519.19M
Other $52.04M $75.23M $97.16M $118.13M
Total $1.62B $2.17B $2.67B $3.35B

Zscaler revenue by geography: what the figures show

Zscaler brought in $3.35B from its four regions in fiscal 2026, the year ended July 31, 2026. That was up 25.4% from $2.67B in fiscal 2025. United States was the largest at $1.79B (53.4%), ahead of Europe, Middle East & Africa at $923.40M (27.5%) and Asia Pacific at $519.19M (15.5%). The remaining region, Other, brought in $118.13M.

Compared with fiscal 2025, United States grew fastest, up 31.8% to $1.79B. Every region above 2% of revenue grew. From fiscal 2023 to 2026, combined revenue from these regions grew from $1.62B to $3.35B, a compound annual growth rate of 27.5%. United States' share of the total rose from 50.0% to 53.4%.

Annual history

Zscaler Revenue by Customer

Years FY 2016–2026
Lines 2
FY 2026 Total $3.35B

Channel Partners was Zscaler’s largest revenue line in fiscal 2026, bringing in $2.84B of $3.35B (85%).

Zscaler revenue by customer, fiscal 2016 to 2026
Customer FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Channel Partners $1.49B $1.97B $2.36B $2.84B
Direct Customers $128.57M $199.86M $312.89M $517.27M
Total $1.62B $2.17B $2.67B $3.35B

Zscaler revenue by customer: what the figures show

Zscaler brought in $3.35B from its two revenue lines in fiscal 2026, the year ended July 31, 2026. That was up 25.4% from $2.67B in fiscal 2025. Channel Partners was the largest at $2.84B (84.6%), ahead of Direct Customers at $517.27M (15.4%).

Compared with fiscal 2025, Direct Customers grew 65.3% to $517.27M and Channel Partners grew 20.1% to $2.84B. From fiscal 2023 to 2026, combined revenue from these revenue lines grew from $1.62B to $3.35B, a compound annual growth rate of 27.5%. Channel Partners' share of the total fell from 92.0% to 84.6%.

Questions

Zscaler Revenue Breakdown FAQ

How does Zscaler make money?

Zscaler (ZS) reports its revenue by geography and by customer. In fiscal 2026, United States was its largest region, bringing in $1.79B (53.4% of the total), followed by Europe, Middle East & Africa at $923.40M (27.5%).

What is Zscaler's largest region?

United States was Zscaler's largest region in fiscal 2026, bringing in $1.79B, or 53.4% of the $3.35B total across its four regions.

What is Zscaler's largest revenue line?

Channel Partners was Zscaler's largest revenue line in fiscal 2026, bringing in $2.84B, or 84.6% of the $3.35B total across its two revenue lines.

Which Zscaler region is growing the fastest?

Among Zscaler's regions that make up at least 2% of revenue, United States grew fastest in fiscal 2026, up 31.8% from $1.36B to $1.79B.

Where does this revenue breakdown data come from?

Every figure comes from Zscaler's annual financial filings, as reported. Each line keeps the name Zscaler gives it, and years follow its fiscal calendar.

How far back does Zscaler's revenue breakdown go?

Zscaler's revenue by geography goes back to fiscal 2016, with figures through fiscal 2026. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.