Zscaler Reports Strong Q4 and Fiscal 2026 Results with Growth in ARR and Revenue
Zscaler (NASDAQ: ZS) reported strong financial results for its fourth quarter of fiscal 2026, including revenue growth to $898.2 million—up 25% year over year—and annual recurring revenue reaching $3.8 billion with a similar increase in platform adoption. The company also highlighted record non-GAAP operating margins at 24.3%, driven by disciplined execution and operational efficiency. Zscaler is expanding its focus beyond securing human users to include AI agents, workloads, and branch environments due to the increasing speed of AI-driven cyber threats. Management emphasized that traditional patching methods are no longer sufficient as vulnerabilities are exploited within minutes rather than months. The company launched an Agentic SecOps solution combining Red Canary’s expertise with Zscaler's telemetry for machine-speed threat detection. The firm also reported significant growth in large enterprise customers, reaching 785 million-dollar accounts—up 18% year over year—and strong performance from its Z-Flex model. The company provided guidance for fiscal 2027 revenue between $3.908 billion and $3.938 billion, reflecting continued high growth expectations.
Tickers: $ZS
Topics: ARR_growth customer_growth free_cash_flow operating_margin revenue_growth