What is the primary revenue source for Zscaler (ZS)?

According to the latest financial reports, the company's revenue is driven by its core business segments and operational services. You can explore the exact breakdown and proportions of each revenue stream using the interactive charts on this page.

How can I visualize and analyze ZS's financial statements?

gkcal provides interactive Sankey diagrams and profit waterfall charts that map out Zscaler's total revenue, cost of goods sold, operating expenses, and net income, making it easy to understand their business model and cash flow at a glance.

How Zscaler Makes Money: ZS Revenue Breakdown (2026)

YoY periods: FY 2026 compared with FY 2025

Source metrics

Operating marginLoss from operations · operating_income / revenue * 100
RevenueRevenue · RevenueFromContractWithCustomerExcludingAssessedTax
Research and developmentResearch and development · ResearchAndDevelopmentExpense
Selling, general and administrativesum(SellingAndMarketingExpense, GeneralAndAdministrativeExpense)

The filing lacks sufficient revenue breakdown data to identify specific revenue sources.

Financial Insights

Please select a report to view

Where did the money come from, and where was it spent?

Where is the money tied up, and how is the company financed?

Did accounting profit ultimately turn into cash?

Did the money earned actually make its way back to shareholders?