How Zscaler makes money

Period

FY2026

How does Zscaler make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

Zscaler Inc. · FY2026 · year ended 2026-07-31

Revenue$3.4BNet loss$63M · 2%Cost of revenue$778M · 23%Gross profit$2.6B · 77%Operating expenses$2.7B · 81%Other income$116M · 3%R&D$903M · 27%SG&A$309M · 9%Selling & marketing$1.5B · 45%Income tax$46M · 1%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.