{"id":140133,"date":"2026-05-26T18:17:22","date_gmt":"2026-05-26T21:17:22","guid":{"rendered":"https:\/\/ubirataonline.com.br\/zscaler-announces-strong-third-quarter-fiscal-2026-results\/"},"modified":"2026-05-26T18:17:25","modified_gmt":"2026-05-26T21:17:25","slug":"zscaler-announces-strong-third-quarter-fiscal-2026-results","status":"publish","type":"post","link":"https:\/\/ubirataonline.com.br\/en\/zscaler-announces-strong-third-quarter-fiscal-2026-results\/","title":{"rendered":"Zscaler Announces Strong Third-Quarter Fiscal 2026 Results"},"content":{"rendered":"

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Zscaler, Inc. <\/figcaption><\/figure>\n

Achieves record operating margin and strong revenue growth<\/em><\/p>\n

Third<\/strong> Quarter Highlights<\/strong><\/p>\n

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    Revenue grew 25% year-over-year to $850.5 million<\/p>\n<\/li>\n

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    Annual Recurring Revenue (ARR) grew 25% year-over-year to $3,525 million<\/p>\n<\/li>\n

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    Operating cash flow of $198.0 million, compared to $211.1 million a year ago<\/p>\n<\/li>\n

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    Free cash flow of $136.0 million, compared to $119.5 million a year ago, grew 14% year-over-year
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    SAN JOSE, California, May 26, 2026 (GLOBE NEWSWIRE) — <\/strong>Zscaler, Inc.\u00a0(Nasdaq: ZS), the leader in cloud security, today announced financial results for its third quarter of fiscal year 2026,<\/strong> ended April 30, 2026.<\/p>\n

    \u201cZscaler is ideally positioned as the cybersecurity platform for the AI era. Our differentiated Zero Trust SASE architecture, which hides applications from attackers and eliminates lateral movement, has never been more essential in securing against threats exposed by frontier models and compromised AI agents,\u201d said Jay Chaudhry, CEO, Chairman and Founder of Zscaler. \u201cOur results demonstrate that our approach is resonating as we attract new customers and expand with our existing customers, and we see ample runway for long-term growth.\u201d<\/p>\n

    \u201cWe delivered strong Q3 fiscal 2026 results with record profitability. ARR grew 25%, or 21%, excluding the contribution from the Red Canary acquisition, and non-GAAP operating margin reached an all-time high of 23%,\u201d said Kevin Rubin, chief financial officer of Zscaler. \u201cLooking ahead, we remain focused on driving profitable growth across multiple vectors, including product innovation, go-to-market, and customer expansion.\u201d<\/p>\n

    Third<\/strong> Quarter Fiscal\u00a0<\/strong>2026<\/strong>\u00a0Financial Highlights<\/strong><\/p>\n

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      Revenue:<\/strong>\u00a0Grew 25%\u00a0year-over-year to $850.5 million.<\/p>\n<\/li>\n

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      ARR:<\/strong> Grew 25% year-over-year to $3,525 million, of which $166 million was net new ARR during the third quarter of fiscal\u00a02026. Excluding the acquisition of Red Canary, which contributed ARR of $127 million, ARR grew 21% to $3,398 million and net new ARR grew 14%.<\/p>\n<\/li>\n

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      Income (loss) from operations:<\/strong> GAAP loss from operations was\u00a0$29.6 million, or\u00a03%\u00a0of revenue, compared to a loss of $25.4 million, or\u00a04%\u00a0of revenue,\u00a0in the\u00a0third quarter of fiscal\u00a02025. Non-GAAP income from operations was\u00a0$195.8 million, or\u00a023%\u00a0of revenue, compared to $146.7 million, or\u00a022%\u00a0of revenue,\u00a0in the\u00a0third quarter of fiscal\u00a02025.<\/p>\n<\/li>\n

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      Net income (loss):<\/strong> GAAP net loss was\u00a0$13.9 million, compared to $4.1 million\u00a0in the\u00a0third quarter of fiscal\u00a02025. Non-GAAP net income was\u00a0$177.9 million, compared to $136.8 million\u00a0in the\u00a0third quarter of fiscal\u00a02025.<\/p>\n<\/li>\n

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      Net income (loss) per share, diluted:<\/strong> GAAP net loss per share was\u00a0$0.09, compared to $0.03\u00a0in the\u00a0third quarter of fiscal\u00a02025.\u00a0Non-GAAP net income per share was $1.08, compared to $0.84 in the third quarter of fiscal 2025.<\/p>\n<\/li>\n

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      Cash flow:<\/strong> Cash provided by operations was\u00a0$198.0 million, or 23% of revenue, compared to $211.1 million, or 31% of revenue,\u00a0in the\u00a0third quarter of fiscal\u00a02025. Free cash flow was $136.0 million, or\u00a016%\u00a0of revenue, compared to $119.5 million, or 18% of revenue, in the\u00a0third\u00a0quarter of fiscal\u00a02025.<\/p>\n<\/li>\n

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      Deferred revenue:<\/strong> $2,477.2 million as of April 30, 2026, grew 25% year-over-year.
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      Recent Business Highlights<\/strong><\/p>\n

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        Announced the intent to acquire Symmetry Systems<\/strong>, which would combine Zscaler\u2019s Zero Trust ExchangeTM<\/sup> platform and Symmetry Systems\u2019 access graph technology to govern AI agent communication at scale. Symmetry Systems\u2019 access graph maps how human and non-human identities, applications, and data connect across the enterprise.<\/p>\n<\/li>\n

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        Joined Anthropic\u2019s Project Glasswing t<\/strong>o revolutionize AI-driven defense<\/strong>,<\/strong> gaining access to the Claude Mythos Preview model. Zscaler integrated this frontier AI model into its secure software development lifecycle (SDLC) to rapidly identify and remediate vulnerabilities within the Zero Trust Exchange platform.<\/p>\n<\/li>\n

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        Partnered with OpenAI via DayBreak, the evolution of the Trusted Access for Cyber (TAC) program,<\/strong> integrating the specialized GPT 5.5-Cyber model and Codex Security into Zscaler\u2019s internal multi-agent security architecture. This partnership enables Zscaler to embed Security-as-a-Service throughout its SDLC workflows, accelerating vulnerability detection, triaging, and patching, while further enhancing its AI Red Teaming suite and Red Canary Managed Detection and Response capabilities to counter AI-based attacks.<\/p>\n<\/li>\n

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        Launched Project AI-Guardian, <\/strong>combining Zscaler\u2019s advanced AI security platform with global system integrator (GSI) consulting expertise to help enterprises navigate the complexities of the AI-driven landscape. This strategic collaboration is expected to enable organizations to accelerate AI initiatives while helping to maintain robust protection, regulatory compliance, and total visibility over their data. <\/p>\n<\/li>\n

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        Won the 2026 Google Cloud Partner of the Year Award<\/strong> for Security in the Application category, recognizing Zscaler\u2019s industry-leading approach to protecting modern applications, and its continued commitment to delivering seamless, secure integrations within the Google Cloud ecosystem.<\/p>\n<\/li>\n

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        Achieved Provisional Authorization at Impact Level 5 (IL5) from the Department of War (DoW) <\/strong>for Zscaler Internet AccessTM<\/sup>. This public sector milestone enables U.S. warfighters, national security systems, defense agencies and mission partners to operate at mission speed while securely managing highly sensitive and unclassified workloads with a cloud-native Zero Trust architecture built for the demands of modern warfare. <\/p>\n<\/li>\n

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        Significantly expanded global sovereignty on the Zero Trust Exchange platform,<\/strong> allowing global enterprises and government entities to maintain precise control over their digital assets and privacy, while complying with local laws. This expansion helps customers meet increasingly stringent global compliance and localized regulatory requirements without sacrificing security posture.<\/p>\n<\/li>\n

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        Partnered with Singtel Singapore to bring Zero Trust security to cellular <\/strong>internet of things (IoT) and operational technology (OT) across Southeast Asia. By leveraging Zscaler Cellular, the partnership enables enterprises to seamlessly and securely connect their highly distributed IoT and OT infrastructure directly to the Zero Trust Exchange.<\/p>\n<\/li>\n

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        Launched the India AI & Cyber Threat Research Center <\/strong>in partnership with Bharti Airtel<\/strong> at the India AI Impact Summit to promote cyber resilience and secure AI adoption for critical infrastructure and government. The joint initiative will produce comprehensive threat intelligence research targeting Indian infrastructure, recommend proactive cyber defense strategies, and educate organizations on evolving cyber threats confronting AI adoption. Center partners will develop new cybersecurity curriculum with local educational institutions to prepare India’s next generation of cyber professionals. Additional organizations will affiliate with the Research Center in the coming months.
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        Change in Non-GAAP Measures Presentation<\/strong><\/p>\n

        Effective August 1, 2025, the beginning of our fiscal 2026, we have adopted a long-term projected non-GAAP tax rate of 21%, reduced from the previous rate of 23%. This adjustment aligns with the enactment of the One Big Beautiful Bill Act. The revised tax rate will apply prospectively. We will continue to assess the appropriate non-GAAP tax rate on a regular basis, which could be subject to changes for a variety of reasons, including the rapidly evolving global tax environment, significant changes in our geographic earnings mix, or other changes to our strategy or business operations.<\/p>\n

        Financial Outlook<\/strong><\/p>\n

        For the fourth quarter of fiscal\u00a02026, the company expects:<\/p>\n

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          Revenue of\u00a0$875 million to\u00a0$878 million, growth of approximately 22%.<\/p>\n<\/li>\n

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          Non-GAAP gross margin of approximately 80%.<\/p>\n<\/li>\n

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          Non-GAAP income from operations of\u00a0$206 million to $208 million, growth of 30 to 31%.<\/p>\n<\/li>\n

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          Non-GAAP net income per share of approximately $1.08 to $1.09, assuming approximately 168 million fully diluted shares outstanding and a non-GAAP tax rate of 21%. This represents growth of 21 to 22%.
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          For the full year of fiscal\u00a02026, the company expects:<\/p>\n

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            Annual Recurring Revenue of $3.740 billion to\u00a0$3.749 billion, growth of approximately 24%, up from previous guidance of $3.730 billion to $3.745 billion, or growth of 24%.<\/p>\n<\/li>\n

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            Revenue of\u00a0approximately $3.3295 billion to $3.3325 billion, growth of 24.6 to 24.7%, up from prior guidance of $3.309 billion to $3.322 billion, or growth of 24%.<\/p>\n<\/li>\n

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            Non-GAAP income from operations of\u00a0$755 million to\u00a0$757 million, growth of approximately 30%, up from prior guidance of $742 million to $748 million, or growth of 28 to 29%.<\/p>\n<\/li>\n

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            Non-GAAP net income per share of\u00a0$4.10 to $4.11, growth of 25%. This assumes approximately 168 million fully diluted shares outstanding and a non-GAAP tax rate of 21%. This is up from previous guidance for non-GAAP net income per share of $3.99 to $4.02 million, or growth of 22 to 23%.<\/p>\n<\/li>\n

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            Free cash flow margin of approximately 22.8 to 23.3%, down from our prior expectation of 26.5 to 27%, reflecting capex in the high single-digits as a percent of revenue.
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            These statements are forward-looking and actual results may differ materially. Refer to the Forward-Looking Statements safe harbor below for information on the factors that could cause our actual results to differ materially from these forward-looking statements.<\/p>\n

            Guidance for non-GAAP income from operations and non-GAAP net income per share exclude, as applicable, stock-based compensation expense and related employer payroll taxes, amortization expense of acquired intangible assets and amortization of debt issuance costs. We have not reconciled our expectations of non-GAAP income from operations and non-GAAP net income\u00a0per share to their most directly comparable GAAP measures because certain items are out of our control or cannot be reasonably predicted. For those reasons, we are also unable to address the probable significance of the unavailable information, the variability of which may have a significant impact on future results. Accordingly, a reconciliation for the guidance for non-GAAP income from operations and non-GAAP net income per share is not available without unreasonable effort.<\/p>\n

            For further information regarding why we believe that these non-GAAP measures provide useful information to investors, the specific manner in which management uses these measures, and some of the limitations associated with the use of these measures, please refer to the “Explanation of Non-GAAP Financial Measures” section of this press release.<\/p>\n

            Conference Call and Webcast Information<\/strong><\/p>\n

            Zscaler will host a conference call for analysts and investors to discuss its third quarter of fiscal 2026 and outlook for its fourth quarter of fiscal 2026 and full year fiscal 2026 today at 1:30 p.m. Pacific time (4:30 p.m. Eastern time).<\/p>\n

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            Date:<\/strong><\/p>\n<\/td>\n

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            Tuesday, May 26, 2026<\/p>\n<\/td>\n<\/tr>\n

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            Time:<\/strong><\/p>\n<\/td>\n

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            1:30 p.m. PT<\/p>\n<\/td>\n<\/tr>\n

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            Webcast:<\/strong><\/p>\n<\/td>\n

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            https:\/\/ir.zscaler.com<\/a><\/p>\n<\/td>\n<\/tr>\n

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            Dial-in:<\/strong><\/p>\n<\/td>\n

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            To join by phone, register at the following link: (https:\/\/register-conf.media-server.com\/register\/BI08b44d6462ad4047b150db602b995c9a). After registering, you will be provided with a dial-in number and a personal PIN that you will need to join the call.<\/p>\n<\/td>\n<\/tr>\n

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            \u00a0<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n

            Upcoming Conferences<\/strong><\/p>\n

            Fourth quarter of fiscal 2026 investor conference participation schedule:<\/p>\n