What is Zscaler's expected Q3 revenue?

Analysts expect revenue between $560 million and $570 million, with 20-25% year-over-year growth.

What are Zscaler's key growth drivers?

AI security, Zero Trust technology, and the Z-Flex product.

Does Zscaler face strong competition?

Yes, from companies like Palo Alto Networks, CrowdStrike, and Fortinet.

Zscaler Q3 Earnings Preview: Buy, Hold, or Sell the Stock?

Investors await Zscaler's Q3 results, expected to reflect strong AI security demand, Zero Trust growth, and Z-Flex adoption momentum.

By: Wrqti Editorial

May 22, 2026

2 min read

Source: Zacks

Zscaler (NASDAQ: ZS) is set to report its fiscal third-quarter 2026 results, with expectations that the numbers will reflect strong demand for AI security solutions, growth in Zero Trust adoption, and momentum in Z-Flex.

Analyst Expectations

Analysts expect Zscaler to post revenue in the range of $560-570 million, representing year-over-year growth of 20-25%. Earnings per share (EPS) is forecast at around $0.68.

Key Growth Drivers

AI Security

Zscaler is benefiting from rising demand for AI security solutions as enterprises rapidly adopt AI technologies, increasing the need for data and application protection.

Zero Trust

The company continues to see strong adoption of its Zero Trust framework, which has become a security standard for cloud-migrating enterprises.

Z-Flex

Z-Flex is expanding the customer base by offering flexible secure access solutions.

Challenges

Zscaler faces intense competition from Palo Alto Networks (PANW), CrowdStrike (CRWD), and Fortinet (FTNT). Additionally, a slowdown in enterprise spending could impact growth.

What This Means for Investors

Investors should closely watch the Q3 results, particularly indicators of AI security and Zero Trust demand. If results beat expectations, the stock could rally; if they miss, it may face pressure.

Frequently Asked Questions

The exact date has not been announced, but the report is expected in late May 2026.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.