🔹 Revenue: $678.0M (Est. $666.4M) 🟢; +23% YoY
🔹 Adj. EPS: $0.84 (Est. $0.75) 🟢; +18% YoY
🔹 Billings: $784.5M; +25% YoY
🔹 Deferred Revenue: $1.99B; +26% YoY
🔹 Adj. Net Income: $136.8M (Est. $123.9M) 🟢
🔹 Cash from Ops: $211.1M; +22% YoY
🔹 Free Cash Flow: $119.5M (vs. $123.1M YoY)
🔹 Cash + ST Investments: $3.01B; +$596M from FY start
Q4;25 Guidance:
🔹 Revenue: $705M–$707M
🔹 Adj. Operating Income: $152M–$154M
🔹 Adj. EPS: $0.79–$0.80
FY25 Guidance:
🔹 Revenue: $2.659B–$2.661B
🔹 Billings: $3.184B–$3.189B
🔹 Adj. Operating Income: $573M–$575M
🔹 Adj. EPS: $3.18–$3.19
🔹 Diluted Share Count Assumption: ~163–164M
🔹 Non-GAAP Tax Rate: 23% (new methodology)
Strategic & Product Highlights:
🔸 Appointed Kevin Rubin as CFO and Raj Judge as EVP of Strategy & Board Member
🔸 Announced acquisition of Red Canary, enhancing AI-powered MDR capabilities
🔸 Leader in Gartner Magic Quadrant for SSE (4th year in a row)
🔸 Recognized in IDC DLP MarketScape
🔸 Launched Zscaler Asset Exposure Management (CTEM platform foundation)
🔸 Published AI Security, VPN Risk, and Phishing reports via ThreatLabz
🔸 T-Mobile adopted Zscaler Zero Trust Exchange for secure hybrid workforce
🔸 Zscaler now available on AWS Marketplace for U.S. Intelligence Community