Zscaler Q4 2024 Earnings Report
Key Takeaways
Zscaler reported strong Q4 results, with revenue growing 30% year-over-year to $592.9 million and calculated billings increasing 27% year-over-year to $910.8 million. The company achieved a non-GAAP net income of $140.6 million, compared to $100.9 million in the same quarter last year. Zscaler's cloud platform surpassed over half a trillion transactions daily, marking a significant milestone.
Revenue increased by 30% year-over-year, reaching $592.9 million.
Calculated billings grew by 27% year-over-year, totaling $910.8 million.
Non-GAAP net income was $140.6 million, compared to $100.9 million in the fourth quarter of fiscal 2023.
The cloud platform surpassed half a trillion daily transactions.
Zscaler
Zscaler
Forward Guidance
For the first quarter of fiscal 2025, Zscaler expects revenue of $604 million to $606 million and non-GAAP net income per share of approximately $0.62 to $0.63. For the full year fiscal 2025, the company expects revenue of approximately $2.60 billion to $2.62 billion and non-GAAP net income per share of $2.81 to $2.87.
Positive Outlook
- Revenue of $604 million to $606 million for Q1 2025.
- Non-GAAP income from operations of $114 million to $116 million for Q1 2025.
- Non-GAAP net income per share of approximately $0.62 to $0.63 for Q1 2025.
- Revenue of approximately $2.60 billion to $2.62 billion for fiscal year 2025.
- Non-GAAP net income per share of $2.81 to $2.87 for fiscal year 2025.