Financials

Estimates*

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Revenues, earnings & profits over time
USD2020202120222023202420252026
Revenues431m673m1.1b1.6b2.1b2.6b3.2b
% growth42 %56 %62 %48 %32 %22 %23 %
EBITDA(86.6m)(167m)(278m)(102m)487m634m810m
% EBITDA margin(20 %)(25 %)(25 %)(6 %)23 %24 %25 %
Profit(115m)(262m)(390m)(202m)(69.4m)(27.6m)27.9m
% profit margin(27 %)(39 %)(36 %)(13 %)(3 %)(1 %)1 %
EV / revenue38.1x47.1x19.5x13.9x13.6x10.8x8.6x
EV / EBITDA-189.9x-189.6x-76.5x-220.8x59.7x44.8x34.0x
R&D budget97.9m175m289m350m---
R&D % of revenue23 %26 %27 %22 %---

Source: Dealroom estimates

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DateInvestorsAmountRound
-

N/A

-

$43.0m

Series A

$110m

Valuation: $1.1b

Series B

N/A

Secondary
N/A

$192m

Valuation: $1.9b

15.1x EV/LTM Revenues

-67.3x EV/LTM EBITDA

IPO
*

N/A

Post IPO Equity
*
N/A

$22.7m

Post IPO Equity
Total Funding€139m

Recent News about Zscaler

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More about Zscalerinfo icon
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Zscaler, Inc. is a cloud-based information security company that provides internet security, web security, and cloud security services. The company operates in the cybersecurity market, which is growing rapidly due to the increasing need for secure digital transformation. Zscaler primarily serves large enterprises and government organizations that require robust security solutions to protect their data and operations as they move to cloud and mobile-first strategies.

Zscaler's business model is based on a subscription service, where clients pay for access to its security platform. This platform acts as a secure gateway, inspecting all internet traffic between users and applications, regardless of device or location. By doing so, Zscaler ensures that threats are detected and neutralized before they can reach the client's network. The company also offers various tiers of service, allowing clients to choose the level of security and support that best fits their needs.

Revenue is generated through these subscription fees, which provide a steady and predictable income stream. Additionally, Zscaler has a strong partner program, the Zscaler Summit Partner Program, which helps to expand its market reach. This program is designed to maximize the sales efforts of its partners by providing them with training, certification, and dedicated resources. Partners can choose from three tiers of collaboration, each offering increasing benefits and support.

In summary, Zscaler is a key player in the cybersecurity market, offering cloud-based security solutions to large enterprises and government organizations. Its subscription-based business model and robust partner program help drive steady revenue growth.

Keywords: cybersecurity, cloud security, internet security, web security, digital transformation, subscription service, enterprise clients, government clients, partner program, secure gateway.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.
Investments analysisEdit

Investments by Zscaler

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Smokescreen Technologies
ACQUISITION by Zscaler May 2021
Cloudneeti
ACQUISITION by Zscaler Apr 2020
Shiftright
ACQUISITION by Zscaler Sep 2022
Airgap Networks
ACQUISITION by Zscaler Apr 2024
Trustdome
ACQUISITION by Zscaler Apr 2021
Canonic
ACQUISITION by Zscaler Feb 2023
Avalor
ACQUISITION by Zscaler Mar 2024
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