Zscaler Inc (ZS) Operating margin 2017–2026
Zscaler Inc (ZS) operating margin by fiscal year — reported operating income divided by reported revenue.
-4.0%FY2026 · since FY2017: -27.9% → -4.0%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2026 | -4.0% | +0.8 pp |
| FY2025 | -4.8% | +0.8 pp |
| FY2024 | -5.6% | +8.9 pp |
| FY2023 | -14.5% | +15.5 pp |
| FY2022 | -30.0% | +0.9 pp |
| FY2021 | -30.9% | -4.5 pp |
| FY2020 | -26.4% | -14.8 pp |
| FY2019 | -11.7% | +6.5 pp |
| FY2018 | -18.2% | +9.7 pp |
| FY2017 | -27.9% | — |
Operating margin = reported operating income ÷ reported revenue for the same fiscal year. Operating-loss years show as a negative margin.
Source: SEC XBRL filings · For reference only · Not investment advice