🔹 Adj. EPS: $0.78 (Est. $0.69) 🟢
🔹 Revenue: $647.9M (Est. $634.4M) 🟢; UP +23% YoY
🔹 Calculated Billings: $742.7M; UP +18% YoY
Q3'25 Outlook:
🔹 Adj. EPS: $0.75-$0.76 (Est. $0.74) 🟢
🔹 Revenue: $665M-$667M (Est. $667.25M) 🟡
FY25 Guidance:
🔹 Adj. EPS: $3.04-$3.09 (Est. $2.99) 🟢
🔹 Revenue: $2.64B-$2.65B (Est. $2.69B) 🟡
🔹 Calculated Billings: $3.15B-$3.17B
Q2 Performance:
🔹 Deferred Revenue: $1.88B; UP +25% YoY
🔹 Adj. Operating Income: $140.5M (22% of revenue)
🔹 Adj. Net Income: $127.1M (vs. $99.4M YoY)
🔹 Cash Flow from Operations: $179.4M (27% of revenue)
🔹 Free Cash Flow: $143.4M (22% of revenue)
Strategic & Business Updates:
🔹 Zero Trust Segmentation solution launched to prevent ransomware lateral movement
🔹 Zero Trust Network Access (ZTNA) for SAP introduced to simplify cloud migration
🔹 FedRAMP authorization received for Zero Trust Browser
🔹 Nokia migrating to Zscaler Zero Trust Exchange for enhanced security
🔹 Appointed EVP of AI Innovations, Phil Tee
CEO Jay Chaudhry's Commentary:
🔸 "Strong demand for Zero Trust and AI-driven security fueled our growth. We are leading the shift from legacy security models to a Zero Trust architecture, with new innovations that secure AI applications and drive further expansion."