How Zscaler (ZS) Makes Money: A Visual Guide
Zscaler (ZS) generated $3.00B in revenue (TTM through Q1 2026) but reported a net loss of $67.63M. Its largest revenue source is Reportable Segment (100% of revenue). Below is an interactive breakdown of how revenue flows through the income statement.
Zscaler (ZS) Income Statement Flow
Frequently asked questions
How does Zscaler (ZS) make money?
- Zscaler (ZS) primarily makes money through Reportable Segment, which accounts for 100% of total revenue. For TTM through Q1 2026, Zscaler generated $3.00B in total revenue with a net profit margin of -2.3%.
What is Zscaler (ZS) gross profit margin?
- Zscaler (ZS) reported a gross profit margin of 76.5% for TTM through Q1 2026, equivalent to $2.30B in gross profit. This means Zscaler retains 76.5% of each revenue unit after direct costs of production.
What is Zscaler (ZS) operating profit margin?
- Zscaler (ZS) reported an operating profit margin of -4.8% for TTM through Q1 2026, equivalent to −$142.81M in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.
What is Zscaler (ZS) net profit margin?
- Zscaler (ZS) reported a net profit margin of -2.3% for TTM through Q1 2026, equivalent to −$67.63M in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.
How much does Zscaler (ZS) invest in R&D?
- Zscaler (ZS) invested $776.53M in research and development in TTM through Q1 2026 (25.9% of total revenue). R&D spending reflects investment in future products, services, and technologies.
How much does Zscaler (ZS) spend on capital expenditures?
- Zscaler (ZS) spent $240.27M on capital expenditures in TTM through Q1 2026 (8.0% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.
What is Zscaler (ZS) free cash flow?
- Zscaler (ZS) generated $943.74M in free cash flow for TTM through Q1 2026 (31.4% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.
About this data
- What is a Sankey diagram?
- A Sankey diagram shows how money flows through a company from revenue to net profit. The width of each flow represents its proportion.
- How is the data calculated?
- We use the income statement from company filings. For TTM (Trailing Twelve Months), we sum the last four quarters. Revenue flows to cost of revenue and gross profit, then to operating expenses (R&D, S&M, G&A) and operating profit.
- When was this data last updated?
- Based on company filings through TTM through Q1 2026.