Operating Income for Zscaler (ZS)
According to Zscaler's latest reported financial statements, the company's current operating income (TTM) is -$142.81M USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

ZS
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
-$142.81M
YoY change
+3.7%
5Y CAGR
N/A
Peak year (2015)
-$12.42M
Cumulative operating income
-$1.22B
Operating Income history chart for Zscaler (ZS) from 2015 to 2025
Operating Income history table for Zscaler (ZS) from 2015 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | -$128.46M | +3.7% | ||
| 2024 | -$123.88M | -42.5% | ||
| 2023 | -$215.44M | -34.2% | ||
| 2022 | -$327.43M | +57.9% | ||
| 2021 | -$207.40M | +118.6% | ||
| 2020 | -$94.85M | +326.6% | ||
| 2019 | -$22.23M | -16.4% | ||
| 2018 | -$26.59M | -24.2% | ||
| 2017 | -$35.07M | +30.7% | ||
| 2016 | -$26.84M | +116.2% | ||
| 2015 | -$12.42M | — |
Operating Income values are taken from Zscaler's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
In 2025, Zscaler (ZS) operating income totalled -$128.46M – edged up 3.7% year-over-year.
The highest annual operating income of -$12.42M was reported in 2015. The lowest in the available history was -$327.43M in 2022.
Among 8 Technology peers, Zscaler (ZS) ranks 9th; the peer median for operating income is $77.01B.
Zscaler Operating Income by Year
Zscaler Operating Income 2025: -$128.46M
Zscaler operating income in 2025 was -$128.46M, edged up 3.7% from 2024.
Zscaler Operating Income 2024: -$123.88M
Zscaler operating income in 2024 was -$123.88M, plunged 42.5% below 2023.
Zscaler Operating Income 2023: -$215.44M
Zscaler operating income in 2023 was -$215.44M, plunged 34.2% below 2022.
Zscaler Operating Income 2022: -$327.43M
Zscaler operating income in 2022 was -$327.43M, surged 57.9% from 2021. This figure represents the lowest annual value in the available history.
Zscaler Operating Income 2021: -$207.40M
Zscaler operating income in 2021 was -$207.40M.
See more financial history for Zscaler (ZS).
Sector peers — Operating Income
Companies in the same sector as Zscaler, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | $1.96T | Technology |
| Apple Inc. (AAPL) | $133.05B | Technology |
| NVIDIA Corporation (NVDA) | $130.39B | Technology |
| Microsoft Corporation (MSFT) | $128.53B | Technology |
| Broadcom Inc. (AVGO) | $25.48B | Technology |
| ASML Holding N.V. (ASML) | $11.30B | Technology |
| Micron Technology, Inc. (MU) | $9.87B | Technology |
| Advanced Micro Devices, Inc. (AMD) | $3.69B | Technology |
Frequently asked questions
What is Zscaler's operating income?
- Latest reported operating income for Zscaler (ZS) is -$142.81M (period ending January 31, 2026).
How has Zscaler operating income changed year-over-year?
- Zscaler (ZS) operating income changed +3.7% year-over-year on the latest annual filing.
When did Zscaler operating income hit its highest annual value?
- Zscaler operating income reached its highest annual value of -$12.42M in 2015.
What was Zscaler operating income in 2024?
- Zscaler (ZS) operating income in 2024 was -$123.88M.
What was Zscaler operating income in 2025?
- Zscaler (ZS) operating income in 2025 was -$128.46M.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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