Zscaler Reports Third Quarter Fiscal 2025 Financial
From GlobeNewswire: 2025-05-29 16:05:00
Zscaler, Inc. reported impressive third-quarter financial results for fiscal year 2025, with revenue growing 23% year-over-year to $678.0 million. Calculated billings also saw a 25% increase to $784.5 million, and deferred revenue grew by 26% to $1,985.0 million. The company reported a GAAP net loss of $4.1 million, compared to a net income of $19.1 million the previous year.
The CEO of Zscaler, Jay Chaudhry, highlighted the company’s success in the third quarter, attributing it to an increasing number of customers adopting their Zero Trust Exchange platform. With the rising importance of AI security, Zscaler empowers customers to securely adopt public and private AI apps, leading to a non-GAAP net income of $136.8 million, up from $113.0 million in the previous year.
In recent business highlights, Zscaler announced the appointment of Kevin Rubin as Chief Financial Officer and Raj Judge to the Board of Directors. The company also signed an agreement to acquire Red Canary, a leading managed detection and response vendor, to enhance its AI-powered security operations. Zscaler was recognized as a Leader in the 2025 Gartner Magic Quadrant for Security Service Edge for the fourth consecutive year.
Zscaler introduced Zscaler Asset Exposure Management, part of its Continuous Threat Exposure Management offerings, to provide organizations with a comprehensive inventory of assets and their associated risks. The company’s ThreatLabz research reports, including the 2025 AI Security Report, 2025 VPN Risk Report, and 2025 Phishing Report, highlighted the increasing need for Zero Trust Everywhere to combat cyber threats effectively.
Looking ahead, Zscaler expects revenue of $705 million to $707 million for the fourth quarter of fiscal 2025, with non-GAAP net income per share of approximately $0.79 to $0.80. For the full year, the company forecasts revenue of approximately $2.659 billion to $2.661 billion, with calculated billings of $3.184 billion to $3.189 billion and non-GAAP net income per share of $3.18 to $3.19.
Zscaler’s strong financial performance and strategic investments position the company as a leader in cloud security, providing customers with innovative solutions to enhance their cybersecurity posture. With a focus on AI security and Zero Trust Everywhere, Zscaler continues to drive growth and deliver value to its customers.
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