---
schema_version: "secwatch.filing_event.v1"
accession: "0001713683-23-000156"
form_type: "8-K"
ticker: "ZS"
cik: "0001713683"
company_name: "Zscaler, Inc."
filed_at: "2023-11-27T23:59:59+00:00"
generated_at: "2026-06-07T21:31:26.090830+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Zscaler Q1 FY2024 revenue $496.7M (+40% YoY); non-GAAP EPS $0.67 beats guidance

## Summary
- Revenue $496.7M (+40% YoY); GAAP net loss $33.5M vs. $68.2M loss YoY; non-GAAP net income $106.5M (+142%).
- Non-GAAP EPS $0.67 vs. $0.29 YoY; cash from ops $260.8M (53% of revenue); free cash flow $224.7M (45% of revenue).
- Q2 FY24 guidance: revenue $505-507M; non-GAAP EPS ~$0.57-0.58. Full year FY24 revenue ~$2.09-2.10B.
- Appointed Mike Rich as CRO and Joyce Kim as CMO; also appointed Chief AI Officer to drive AI/ML innovation.
- Calculated billings grew 34% YoY to $456.6M; deferred revenue $1.4B (+39% YoY).

## SEC filing metadata
- accession: 0001713683-23-000156
- form_type: 8-K
- ticker: ZS
- cik: 0001713683
- company_name: Zscaler, Inc.
- filed_at: 2023-11-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1713683/000171368323000156/0001713683-23-000156-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1713683/000171368323000156/zs-20231127.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001713683-23-000156
- JSON: https://secwatch.observer/filing/0001713683-23-000156.json
- Plain text: https://secwatch.observer/filing/0001713683-23-000156.txt

## Key facts
- Earnings Releases
  Zscaler, Inc. reported first quarter of fiscal year 2024 ended October 31, 2023 results: revenue $496.7 million, net income GAAP net loss was $33.5 million, EPS GAAP net loss per share was $0.23. Guidance initiated.
  - Period: first quarter of fiscal year 2024 ended October 31, 2023
  - Revenue: $496.7 million
  - Net income: GAAP net loss was $33.5 million
  - EPS: GAAP net loss per share was $0.23
  - Guidance: initiated
  - Result: reported results
  source text: First Quarter Fiscal 2024 Financial Highlights • Revenue: $496.7 million, an increase of 40% year-over-year. • Income (loss) from operations: GAAP loss from operations was $46.1 million, or 9% of revenue, compared to $69.1 million, or 19% of revenue, in the first quarter of fiscal 2023. Non-GAAP income from operations was $89.7 million, or 18% of revenue, compared to $42.1 million, or 12% of revenue, in the first quarter of fiscal 2023. • Net income (loss): GAAP net loss was $33.5 million, compared to $68.2 million in the first quarter of fiscal 2023. Non-GAAP net income was $106.5 million, compared to $44.0 million in the first quarter of fiscal 2023. • Net income (loss) per share: GAAP net loss per share was $0.23, compared to $0.48 in the first quarter of fiscal 2023. Non-GAAP net income per share was $0.67, compared to $0.29 in the first quarter of fiscal 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1713683/000171368323000156/0001713683-23-000156-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.