Zscaler AI Bookings Jump Over 50% Sequentially in Fiscal Q4

โดย Zacks Investment Research·US·Read original
Summary · why it matters

Zscaler's Security for AI bookings rose more than 50% sequentially in the fourth quarter of fiscal 2026, with AI Protect bookings crossing $100 million over the trailing 12 months. About 70% of Security for AI deals in the quarter also included Data Security, and the company introduced Zero Trust Exchange for Agents and Endpoint AI Security, which are expected to scale in the second half of fiscal 2027. Zscaler reported fourth-quarter revenues of $898.2 million, up 25% year over year, while annual recurring revenues rose 25% to $3.77 billion, though fiscal 2027 revenue guidance implies growth of about 17%. Rivals are expanding too: Palo Alto Networks' Prisma AIRS reached about $120 million in ARR within roughly a year of general availability and exceeded 800 customers, while CrowdStrike's AIDR ending ARR nearly tripled from the first quarter. ZS shares have plunged 12.3% year to date, and the stock carries a Zacks Rank #3 (Hold).

Impact on assets 4

Cybersecurity & Digital Trust▲ · 4 stocks
ZSCALER INC. DL-,001
0ZC
± MixedCapitalDemandrelevance

Fiscal 2027 revenue guidance implies growth slowing to about 17% from 25%.

Zscaler Inc
ZS
± MixedCapitalDemandrelevance

Fiscal 2027 revenue guidance implies growth slowing to about 17% from 25%.

Crowdstrike Holdings Inc
CRWD
± MixedCompetitionrelevance

CrowdStrike's AIDR ending ARR nearly tripled from Q1, cited as a rival expanding in AI security.

Palo Alto Networks Inc
PANW
± MixedCompetitionrelevance

Palo Alto's Prisma AIRS reached ~$120M ARR and 800+ customers, cited as a rival expanding in AI security.

Theme Impact 4

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