NASDAQ$ZS

Zscaler Inc · Q1 2026 earnings

Q1 2026 earnings · · After market close · Investor relations

Briefing

Zscaler reported Q1 2026, revenue of $720.5M, net income of $116M, diluted EPS of $0.78.

For Q1 2026, Zscaler reported revenue of $720.5M, net income of $116M, diluted EPS of $0.78. Management discussed segment trends, liquidity, and priorities for upcoming periods as disclosed in the quarterly filing.

  • Revenue $720.5M.
  • Net income $116M.
  • Diluted EPS $0.78.

Headline financials

Total Revenue

$788M

Previous: $628M+25.5%
EPS (adj)

$0.78

Previous: -$0.08+1075.0%
Cash Flow from Operations

$448M

Previous: $331M+35.3%
Annual Recurring Revenue

$3.2B

Previous: $2.54B+26.0%
Total Deferred Revenue

$2.35B

Previous: $1.78B+32.1%
Capital Expenditures

-$17.3M

Previous: -$17M-1.7%
Free Cash Flow

-$28.9M

Previous: $314M-109.2%
Net Income

-$11.6M

Previous: -$12.1M+3.6%
Operating Income

-$36.4M

Previous: -$30.7M-18.6%
Gross Profit

$603M

Previous: $486M+24.0%
Cash & Equivalents

$1.34B

Previous: $1.55B-13.9%
Total Assets

$6.5B

Previous: $4.71B+38.1%

Revenue & EPS history

Zscaler · Revenue · Quarterly

$788M

Q1 2026+25.5%vs Q1 2025
Beat estimate in 15 of 15 quarters(100%)
ActualEstimate

Forward guidance

Management discusses Zscaler's outlook, capital deployment, and key risks as disclosed in the earnings materials and periodic report.

Tailwinds

  • Zscaler cited execution on strategic priorities in the filing.
  • Balance sheet and liquidity support continued operations and investment.

Headwinds

  • Macro, competitive, and input-cost pressures may affect margins.
  • Segment mix and one-time items can affect sequential comparability.

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 2026

Historical avgQ1 2026

+1.5%

Avg return

Earnings day

+2.0%

Avg return

5 days after

+2.6%

Avg return

30 days after

39%

13 / 33 earnings

Positive

+31.6%

Q3 2020

Best reaction

-21.4%

Q4 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026-15.8%+2.9%
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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