← Zscaler, Inc.

Annual Trend FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Revenue $125.7m $190.2m $302.8m $431.3m $673.1m $1.1b $1.6b $2.2b $2.7b
Cost of revenue $27.5m $37.9m $59.7m $95.7m $150.3m $242.3m $362.8m $477.1m $618.2m
Gross profit $98.2m $152.3m $243.2m $335.5m $522.8m $848.7m $1.3b $1.7b $2.1b
Research and development $33.6m $39.4m $62.0m $97.9m $174.7m $289.1m $349.7m $499.8m $672.5m
Total operating expenses $133.3m $186.9m $278.5m $449.5m $730.6m $1.2b $1.5b $1.8b $2.2b
Sales and marketing $79.2m $116.4m $169.9m $278.0m $459.4m $735.2m $953.9m $1.1b $1.3b
General and administrative $20.5m $31.1m $46.6m $73.6m $96.5m $151.7m $177.5m $212.1m $251.8m
Loss from operations ($35.1m) ($34.6m) ($35.3m) ($114.0m) ($207.8m) ($327.4m) ($234.6m) ($121.5m) ($128.5m)
Interest income — $2.2m $7.7m $6.5m $2.8m $4.6m $60.5m $109.1m $125.4m
Loss before income taxes ($34.6m) ($32.3m) ($27.9m) ($112.7m) ($257.2m) ($383.6m) ($182.6m) ($29.2m) ($18.3m)
Provision for income taxes $877k $1.3m $743k $2.4m $4.9m $6.6m $19.8m $28.5m $23.2m
Net loss ($35.5m) ($33.6m) ($28.7m) ($115.1m) ($262.0m) ($390.3m) ($202.3m) ($57.7m) ($41.5m)
Net loss per share, basic (in dollars per share) — — ($0) ($1) ($2) ($3) ($1) ($0) ($0)
Net loss per share, diluted (in dollars per share) — — ($0) ($1) ($2) ($3) ($1) ($0) ($0)
Weighted-average shares used in computing net loss per share, basic (in shares) — — ($0) ($1) ($2) ($3) ($1) ($0) ($0)
Weighted-average shares used in computing net loss per share, diluted (in shares) — — ($0) ($1) ($2) ($3) ($1) ($0) ($0)
Interest expense — $0 $0 ($5.0m) ($53.4m) ($56.6m) ($6.5m) ($13.1m) ($9.5m)
Other expense, net — $79k ($329k) ($224k) $1.2m ($4.2m) ($1.9m) ($3.8m) ($5.7m)

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.