{"schema_version":"secwatch.filing_event.v1","accession":"0001713683-23-000026","form_type":"8-K","ticker":"ZS","cik":"0001713683","company_name":"Zscaler, Inc.","filed_at":"2023-03-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:46.274647+00:00","generated_at":"2026-06-18T15:34:56.216164+00:00","sec_items":["2.02","9.01","2.05","5.03"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Zscaler Q2 revenue up 52% to $387.6M, beats guidance; raises FY2023 outlook","bullets":["GAAP net loss narrowed to $57.5M from $100.4M; non-GAAP net income $57.6M vs $19.2M YoY.","Non-GAAP EPS $0.37 vs $0.13 YoY; Q3 guidance non-GAAP EPS ~$0.39.","Calculated billings $493.8M (+34% YoY); deferred revenue $1.11B (+46%).","Announced ~3% workforce reduction with $8-10M restructuring charges in Q3.","Acquired Canonic Security in Feb 2023 to bolster SaaS supply chain security."],"urls":{"canonical":"https://secwatch.observer/filing/0001713683-23-000026","json":"https://secwatch.observer/filing/0001713683-23-000026.json","markdown":"https://secwatch.observer/filing/0001713683-23-000026.md","text":"https://secwatch.observer/filing/0001713683-23-000026.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1713683/000171368323000026/0001713683-23-000026-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1713683/000171368323000026/zs-20230228.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T15:34:56.216164+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2f4d6e8276a5a0d1d37f38098c0350fa6db5970c","claim":"Zscaler, Inc. reported second quarter of fiscal year 2023 ended January 31, 2023 results: revenue $387.6 million, net income $57.5 million, EPS $0.40.","evidence_excerpt":"Second Quarter Fiscal 2023 Financial Highlights • Revenue: $387.6 million, an increase of 52% year-over-year.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1713683/000171368323000026/0001713683-23-000026-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter of fiscal year 2023 ended January 31, 2023"},{"label":"Revenue","value":"$387.6 million"},{"label":"Net income","value":"$57.5 million"},{"label":"EPS","value":"$0.40"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"91ff6853c46ae02928232ab108437a9cc65a275d","claim":"Zscaler, Inc. reported full year fiscal 2023 results: revenue $1.558 billion to $1.563 billion. Guidance raised.","evidence_excerpt":"For the full year fiscal 2023, we expect: • Total revenue of approximately $1.558 billion to $1.563 billion • Calculated billings of $1.935 billion to $1.945 billion • Non-GAAP income from operations of $213 mil","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1713683/000171368323000026/0001713683-23-000026-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"full year fiscal 2023"},{"label":"Revenue","value":"$1.558 billion to $1.563 billion"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"c1ca6ac13080b0a9b54b2e4f01004f9933326a1a","claim":"Zscaler, Inc. reported third quarter of fiscal 2023 results: revenue $396 million to $398 million, EPS $0.39. Guidance raised.","evidence_excerpt":"Financial Outlook For the third quarter of fiscal 2023, we expect: • Total revenue of $396 million to $398 million • Non-GAAP income from operations of $55 million to $56 million • Non-GAAP net income per share of approximately $0.39","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1713683/000171368323000026/0001713683-23-000026-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter of fiscal 2023"},{"label":"Revenue","value":"$396 million to $398 million"},{"label":"EPS","value":"$0.39"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"ccf0af91a4bc501fb35f28d256089fe9dd58071e","claim":"Zscaler, Inc.: Board adopted amended and restated bylaws updating advance notice procedures for director nominations and stockholder proposals, adding Rule 14a-19 compliance requirement, and making other conforming changes to Delaware law (effective 2023-02-28).","evidence_excerpt":"On February 28, 2023, the board of directors of the Company (the “Board”), acting upon the recommendation of the Board’s Nominating and Corporate Governance Committee, adopted amended and restated bylaws (the “Amended and Restated Bylaws”), which became immediately effective.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1713683/000171368323000026/0001713683-23-000026-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"bylaw amendment"},{"label":"Effective","value":"2023-02-28"}],"fact_type":"governance_change"},{"claim_id":"1a0715db1c184cd4d4c39b73dab097263f773642","claim":"Zscaler, Inc. announced a restructuring with charges of approximately $8.0 million to $10.0 million (approximately 3%).","evidence_excerpt":"3%. The reduction in workforce is expected to be substantially complete by the end of fiscal 2023. The Company expects to incur aggregate non-recurring charges of approximately $8.0 million to $10.0 million, consisting primarily of employee severance and benefit costs associated with the restructuring. The Company expects that most of these charges will be cash","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1713683/000171368323000026/0001713683-23-000026-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"approximately $8.0 million to $10.0 million"},{"label":"Headcount","value":"approximately 3%"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}