Zscaler is a bet that corporate security should follow users and applications, not sit behind a corporate perimeter that no longer maps to how work happens.
Zscaler, Inc. company profile
Zscaler sells cloud-delivered security services that sit between users, devices, applications, and the internet. Its Zero Trust Exchange is designed to replace parts of legacy perimeter security by enforcing identity-aware access, inspection, data protection, and policy controls from the cloud.
| Founded | 2007 |
|---|---|
| Headquarters | San Jose, California, United States |
| CEO | Jay Chaudhry |
| Ticker | ZS on Nasdaq |
| Latest annual revenue | $2.673 billion for fiscal 2025, the year ended July 31, 2025. |
| Latest annual net income | GAAP net loss of $41.5 million for fiscal 2025; non-GAAP net income was $534.8 million. |
| Employees | About 7,300 employees as reported around fiscal 2025. |
| Market capitalization | Approximate market capitalization around $45 billion in July 2026; market value changes daily. |
Origin story
Jay Chaudhry and K. Kailash founded Zscaler in 2007 with the view that security would need to move from enterprise appliances to a cloud-native platform. The company went public in 2018 and became one of the defining names in zero trust and security service edge.
Business model
Zscaler sells subscription cloud security services, usually priced by users, workloads, or platform modules. Revenue comes from annual and multi-year contracts for products such as Zscaler Internet Access, Zscaler Private Access, Zscaler Digital Experience, data protection, cloud workload security, and emerging AI-security products.
Financial snapshot
Fiscal 2025 revenue was $2.673115 billion, up from $2.167771 billion in fiscal 2024, while GAAP net loss narrowed to $41.478 million and non-GAAP net income reached $534.8 million. In Q3 fiscal 2026, revenue was $850.5 million and annual recurring revenue reached $3.525 billion.
Strategic context
Zscaler is trying to turn zero trust from a secure-web-gateway beachhead into a larger platform spanning private app access, cloud workload security, data protection, AI security, and threat detection. The main investor watchpoints are ARR growth, billings, free cash flow, large-customer expansion, and whether platform consolidation keeps winning against Palo Alto Networks, Netskope, Cloudflare, and Microsoft.
Notable facts
- Zscaler fiscal years end on July 31, so fiscal 2025 ended July 31, 2025.
- The company reported $726.7 million of free cash flow in fiscal 2025.
- Zscaler announced the acquisition of Red Canary in 2025 to expand threat detection and response capabilities.
- In May 2026, Zscaler said it intended to acquire Symmetry Systems to deepen data security capabilities.
Frequently asked questions
Who is the CEO of Zscaler?
Jay Chaudhry, who co-founded Zscaler in 2007, is the company's chief executive officer.
How much revenue did Zscaler report in fiscal 2025?
Zscaler reported $2.673115 billion of revenue for fiscal 2025.
Was Zscaler profitable in fiscal 2025?
On a GAAP basis, Zscaler reported a $41.5 million net loss in fiscal 2025; on a non-GAAP basis, it reported $534.8 million of net income.
What is Zscaler known for?
Zscaler is known for cloud security, zero trust network access, secure web gateway, SASE, and security service edge products.
