Zscaler, Inc. (ZS)

Zscaler beat expectations on both the top and bottom line, with preliminary results for the fourth fiscal quarter of 2026 reported September 3, 2026 showing revenue rose ~25% to about $898.2 million, up from $719.2 million a year ago, while adjusted EPS of $1.19 increased 33.7% from $0.89. Against consensus, EPS of $1.19 topped the $1.09 estimate, +9.2%, and revenue of $898.2 million topped the $877.0 million estimate, +2.4%. Profitability was supported by a gross margin of roughly 77%, while operating margin was -1.7% and operating income was around -$15.5 million. Net income improved 80.8% year over year to roughly -$3.4 million, compared with -$17.6 million a year ago. The quarter generated operating cash flow of about $279.3 million. For the next period, consensus calls for EPS of $1.06 on revenue of $928.5 million.