Zscaler tops Q4 estimates but shares decline despite strong outlook

Zscaler's fiscal Q4 2026 adjusted EPS of $1.19 and revenue of $898 million both exceeded consensus, while annual recurring revenue grew 25% to $3.77 billion. CEO Jay Chaudhry highlighted early momentum in the Zero Trust AI agent security product, yet the stock still fell after the report.
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Original headline: “Zscaler beats earnings expectations, issues upbeat guidance but stock falls.” Browse more stories.