Zscaler Hosts 2026 Investor Day and Reaffirms FY 2027 Financial Guidance

Event Summary

On October 6, 2026, Zscaler, Inc. filed a Current Report on Form 8-K under Item 7.01 (Regulation FD Disclosure) and Item 9.01 (Financial Statements and Exhibits) in connection with its 2026 Investor Day held in New York City.

Key Disclosures & Guidance Reaffirmation

Zscaler reiterated its financial guidance for both the first quarter of fiscal 2027 and the full fiscal year 2027, initially provided on September 3, 2026.

Q1 Fiscal 2027 Outlook:

• Revenue: $935 million to $939 million (~19% YoY growth)
• Non-GAAP Gross Margin: ~80%
• Non-GAAP Operating Income: $215 million to $217 million (23% operating margin; 25%–26% YoY growth)
• Non-GAAP Diluted EPS: $1.15 to $1.16 (based on ~170 million diluted shares and a 21% non-GAAP tax rate)

Full Year Fiscal 2027 Outlook:

• ARR (Annual Recurring Revenue): $4.396 billion to $4.426 billion (16.6%–17.4% YoY growth)
• Revenue: $3.908 billion to $3.938 billion (16.6%–17.5% YoY growth)
• Non-GAAP Gross Margin: ~80%
• Non-GAAP Operating Income: $924 million to $932 million (~21% YoY growth)
• Non-GAAP Diluted EPS: $4.86 to $4.90 (based on ~173 million diluted shares and a 21% non-GAAP tax rate)
• Free Cash Flow Margin: Approximately 23.0% to 23.5%

Strategic & Qualitative Highlights

• Long-Term Target: Management highlighted growth engines driving Zscaler toward a long-term goal of $10 billion ARR.
• Market Opportunity: CEO Jay Chaudhry underscored the tailwinds in "agentic AI," positioning Zscaler’s Zero Trust platform to secure AI workloads, data movement, and enterprise application perimeters.
• Executive Presentation: Presentations covered strategy, platform innovation, go-to-market priorities, and AI-driven data security by executive leadership including Jay Chaudhry (CEO), Kevin Rubin (CFO), Adam Geller (CPO), Ross Tackett (CRO), and Dhawal Sharma (EVP, AI & Data Security).