Zscaler Reports Second Quarter Fiscal 2025 Financial
From GlobeNewswire: 2025-03-05 16:05:00
Zscaler, Inc. reported strong second-quarter results, with revenue growing 23% year-over-year to $647.9 million. The company also saw calculated billings increase by 18% to $742.7 million and deferred revenue grow by 25% to $1,878.5 million. GAAP net loss was $7.7 million, while non-GAAP net income was $127.1 million.
The growth was driven by the increasing adoption of Zero Trust and AI, with Zscaler’s platform leading the industry towards a Zero Trust architecture. The company’s recent innovations in AI and Zero Trust have helped secure customer use of AI applications and create new avenues of growth.
In addition to financial highlights, Zscaler introduced a Zero Trust Segmentation solution for branches and cloud environments to prevent ransomware attacks and reduce infrastructure spending. They also integrated their ZTNA service with RISE with SAP and appointed a new EVP of AI Innovations.
Zscaler’s FedRAMP authorization for Zscaler Zero Trust Browser and the migration of Nokia from traditional firewalls to the Zero Trust Exchange further highlight the company’s commitment to security and innovation in the cloud. Looking ahead, Zscaler provided guidance for the third quarter and full year of fiscal 2025.
The company expects revenue for the third quarter to be between $665 million to $667 million, with non-GAAP income from operations of $140 million to $142 million. For the full year, revenue is projected to be $2.640 billion to $2.654 billion, with non-GAAP net income per share of $3.04 to $3.09. These forward-looking statements are subject to change based on various factors.
Read more at GlobeNewswire:: Zscaler Reports Second Quarter Fiscal 2025 Financial