Zscaler (NASDAQ: ZS) Earnings Preview: Cloud Security Growth and Financial Health

• Zscaler (NASDAQ: ZS) is set to release its quarterly earnings on May 26, 2026, with analysts projecting strong revenue and EPS growth.
• The cybersecurity leader anticipates significant increases in revenue (23.1%) and non-GAAP EPS (19%), fueled by demand in AI security and its Zero Trust Everywhere platform.
• Zscaler maintains stable financial health with a current ratio of 1.90, indicating strong liquidity.

Zscaler (NASDAQ: ZS) is a leading cybersecurity company that focuses on cloud-based security services. It provides secure access to applications regardless of user location. Zscaler is scheduled to release its quarterly earnings on May 26, 2026. The company operates in a competitive space against firms like Palo Alto Networks.

Wall Street analysts estimate Zscaler will report an earnings per share (EPS) of $1.00. They also project revenue of approximately $835.60 million. This aligns with the company's own forecast, which projects revenues between $834 million and $836 million for the quarter.

This expected revenue would mark a 23.1% increase from the same quarter last year. Zscaler also anticipates non-GAAP earnings per share between $1.00 and $1.01, a 19% rise. This growth is linked to strong demand in AI security and its Zero Trust Everywhere platform.

Analysts at Jefferies expect Zscaler to beat revenue expectations, as highlighted by Proactive Investors. They model third-quarter annual recurring revenue (ARR) at $3.51 billion. ARR represents the value of a company's subscription contracts, a key metric for growth. This would be a 24.6% year-over-year increase.  Zscaler's financial health appears stable with a current ratio of 1.90. This suggests it can cover its short-term debts.