ZSZscaler just handed investors a pretty shiny report card
Zscaler says its Q4 and fiscal 2026 revenue grew 25% year over year, and that ARR — the recurring revenue metric everyone loves because it smells like predictability — also climbed 25%. In other words: the cloud security treadmill is still moving, and ZS is not getting left on the sidewalk.
Why this matters
For a company like Zscaler, growth isn’t just a vanity stat. It’s the whole game. If revenue and ARR are both expanding at the same clip, it suggests customers are still buying in, renewing, and scaling up rather than ghosting the platform like a bad Hinge date.
The investor read-through
Here’s what jumps out:
- 25% revenue growth in both the quarter and the full year is still a solid pace for a larger software name.
- 25% ARR growth tells you the subscription engine is still humming, which usually matters more than one noisy quarter.
- The market will now want to know whether Zscaler can keep that momentum going without needing a heroically expensive sales push.
Big picture: Zscaler is reminding Wall Street that cybersecurity spending doesn’t vanish just because the macro gets moody. If the company can keep turning that top-line growth into cleaner profitability, this could stay more than just a hot quarter.