Zscaler reaffirms fiscal 2027 guidance

• Zscaler (NASDAQ:ZS) reaffirmed its Q1 and full-year fiscal 2027 financial targets during its 2026 Investor Day.
• The cybersecurity firm expects first-quarter revenue of $935 million to $939 million, representing roughly 19% year-over-year growth.
• Full-year fiscal 2027 annual recurring revenue is projected to reach $4.396 billion to $4.426 billion.

Zscaler (NASDAQ:ZS) reaffirmed its financial outlook for the first quarter and full fiscal year 2027 during its 2026 Investor Day event.

The reaffirmed targets highlight steady enterprise adoption of the company's zero-trust cloud security platforms.

For fiscal 2027, the company expects annual recurring revenue (ARR) of $4.396 billion to $4.426 billion, growth of approximately 16.6% to 17.4%," according to Zscaler (NASDAQ:ZS).

Management projected full-year non-GAAP operating income between $924 million and $932 million alongside a free cash flow margin of 23.0% to 23.5%.

Following the announcement, Zscaler's share price was up at $201.80.

Zscaler provides cloud-based security services that protect enterprise users, workloads, and devices across distributed networks.

The company confirmed that non-GAAP gross margins are expected to remain around 80% for both the first quarter and full fiscal year.