Zscaler Inc (NASDAQ:ZS) reported financial results for the third quarter of fiscal 2026 after the closing bell on Tuesday. Here’s a look at the key details from the print.

Zscaler shares trending after earnings. What’s driving ZS stock?

Zscaler Q3 Earnings Highlights

Zscaler posted third-quarter revenue of $850.48 million, beating the consensus estimate of $835.38 million. The cybersecurity company reported third-quarter adjusted earnings of $1.08 per share, beating analyst estimates of $1.01 per share, according to Benzinga Pro.

Total revenue increased 25% year-over-year. Annual recurring revenue also grew 25% year-over-year to approximately $3.53 billion.

Zscaler generated $198 million in cash flow from operations and $136 million of free cash flow in the third quarter. The company ended the period with approximately $982.11 million in cash and cash equivalents.

“Zscaler is ideally positioned ...