NASDAQ$ZS
Zscaler Inc · Q1 2022 earnings
Q1 2022 earnings · · Investor relations
Briefing
Reported first quarter fiscal year 2022 financial results, with revenue growing 62% year-over-year.
Zscaler reported strong first-quarter fiscal 2022 results, with revenue increasing by 62% year-over-year to $230.5 million and calculated billings growing 71% year-over-year to $247.7 million. The company achieved surpassing $1 billion in annual recurring revenue and is now focusing on achieving $5 billion in ARR.
- Revenue grew 62% year-over-year to $230.5 million.
- Calculated billings grew 71% year-over-year to $247.7 million.
- Deferred revenue grew 74% year-over-year to $647.8 million.
- GAAP net loss was $90.8 million, while non-GAAP net income was $21.0 million.
Headline financials
Revenue & EPS history
Zscaler · Revenue · Quarterly
$231M
Forward guidance
For the second quarter of fiscal 2022, Zscaler expects total revenue of $240 million to $242 million and non-GAAP net income per share of approximately $0.11. For the full year fiscal 2022, the company expects total revenue of $1.00 billion to $1.01 billion and calculated billings of $1.300 billion to $1.305 billion.
Tailwinds
- Total revenue of $240 million to $242 million for Q2 2022.
- Non-GAAP income from operations of $20 million to $21 million for Q2 2022.
- Non-GAAP net income per share of approximately $0.11 for Q2 2022.
- Total revenue of $1.00 billion to $1.01 billion for fiscal year 2022.
- Calculated billings of $1.300 billion to $1.305 billion for fiscal year 2022.
Headwinds
- Non-GAAP income from operations of $90 million to $93 million for fiscal year 2022.
- Non-GAAP net income per share of $0.50 to $0.52 for fiscal year 2022.
- Forward-looking statements are subject to risks and uncertainties.
- Actual results may differ materially from the forward-looking statements.
- Guidance excludes certain items that are out of the company's control or cannot be reasonably predicted.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2022
+2.0%
Avg return
Earnings day
+2.0%
Avg return
5 days after
+2.6%
Avg return
30 days after
41%
13 / 32 earnings
Positive
+31.6%
Q3 2020
Best reaction
-21.4%
Q4 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q3 2026 | — | — | — | |
| Q2 2026 | -3.0% | -6.7% | -20.4% | |
| Q1 2026 | -6.8% | -16.0% | -20.4% | |
| Q4 2025 | -1.5% | +2.6% | +11.2% | |
| Q3 2025 | +10.0% | +18.2% | +25.6% | |
| Q2 2025 | +2.9% | +1.5% | -11.1% | |
| Q1 2025 | -3.8% | +2.6% | -12.7% | |
| Q4 2024 | -21.4% | -21.6% | -15.2% | |
| Q3 2024 | +3.4% | +2.9% | +16.9% | |
| Q2 2024 | -7.6% | -13.0% | -18.8% | |
| Q1 2024 | +0.4% | +2.6% | +16.5% | |
| Q4 2023 | -0.0% | +1.5% | -3.2% | |
| Q3 2023 | +5.1% | +12.9% | +8.0% | |
| Q2 2023 | -7.2% | -8.2% | -9.0% | |
| Q1 2023 | -3.3% | -13.1% | -16.1% | |
| Q4 2022 | +27.3% | +22.7% | +15.2% | |
| Q3 2022 | +20.7% | +15.5% | +28.8% | |
| Q2 2022 | -7.3% | +3.5% | -3.8% | |
| Q1 2022 | -10.6% | -12.0% | -8.8% | |
| Q4 2021 | -3.6% | -1.7% | -5.0% | |
| Q3 2021 | +11.4% | +11.4% | +25.9% | |
| Q2 2021 | -1.3% | -2.5% | -18.3% | |
| Q1 2021 | +22.4% | +17.4% | +31.7% | |
| Q4 2020 | -0.4% | -2.3% | +14.1% | |
| Q3 2020 | +31.6% | +42.5% | +42.2% | |
| Q2 2020 | -16.4% | -22.6% | -17.7% | |
| Q1 2020 | -2.4% | -8.6% | -7.3% | |
| Q4 2019 | -19.9% | -23.4% | -23.7% | |
| Q3 2019 | -3.5% | +1.1% | +7.7% | |
| Q2 2019 | +19.4% | +13.4% | +39.8% | |
| Q1 2019 | +9.9% | +3.2% | +0.5% | |
| Q4 2018 | -5.4% | +3.4% | -16.3% | |
| Q3 2018 | +25.4% | +36.9% | +26.2% | |
| Q2 2018 | — | — | — | |
| Q1 2018 | — | — | — | |
| Q4 2017 | — | — | — | |
| Q3 2017 | — | — | — | |
| Q2 2016 | — | — | — | |
| Q1 2016 | — | — | — | |
| Q4 2016 | — | — | — | |
| Q3 2016 | — | — | — |
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