Zscaler, Inc. reported fourth-quarter highlights with revenue growing 21% year-over-year to $719.2 million. Annual Recurring Revenue increased by 22% to $3,015 million. Calculated billings grew 32% to $1,202.3 million, with deferred revenue up by 30% to $2,468.0 million. Non-GAAP net income was $146.7 million, a rise from $115.8 million the previous year.

The company’s strong Q4 performance was highlighted by achieving over $3 billion in Annual Recurring Revenue and the highest operating margin ever. Zscaler’s Zero Trust and AI security solutions are in high demand, with new AI Guardrails for apps and an expanding AI security portfolio to address emerging risks.

For the full year, Zscaler reported revenue of $2.67 billion, a 23% increase year-over-year. Non-GAAP income from operations reached $580.1 million, with a non-GAAP net income of $534.8 million. Cash flows from operations were $972.5 million, showing a 36% margin of revenue.

Zscaler made significant business strides, acquiring Red Canary to enhance Security Operations with AI-driven threat intelligence. The company also launched AI-powered security innovations, published the 2025 ThreatLabz Ransomware Report, and introduced Zscaler Cellular for IoT/OT security.

Looking ahead, Zscaler expects revenue of $772 million to $774 million for Q1 of fiscal 2026, with Non-GAAP net income per share projected to be approximately $0.85 to $0.86. For the full year, the company anticipates Annual Recurring Revenue of $3.676 billion to $3.698 billion and Non-GAAP net income per share of $3.64 to $3.68. These forecasts are subject to change based on various factors.

Read more at GlobeNewswire: Zscaler Reports Fourth Quarter and Fiscal 2025 Financial