Zscaler (ZS Quick QuoteZS - Free Report) reported $788.11 million in revenue for the quarter ended October 2025, representing a year-over-year increase of 25.5%. EPS of $0.96 for the same period compares to $0.77 a year ago.

The reported revenue represents a surprise of +1.91% over the Zacks Consensus Estimate of $773.35 million. With the consensus EPS estimate being $0.85, the EPS surprise was +12.94%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Zscaler performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Remaining Performance Obligations: $5.93 billion compared to the $5.65 billion average estimate based on three analysts.
• Dollar-Based Net Retention Rate: 115% compared to the 114.1% average estimate based on three analysts.
• Revenues- Direct Customers: $122.1 million compared to the $92.97 million average estimate based on two analysts. The reported number represents a change of +75.5% year over year.
• Revenues- Channel Partners: $666.01 million versus the two-analyst average estimate of $680.24 million. The reported number represents a year-over-year change of +19.3%.

View all Key Company Metrics for Zscaler here>>>

Shares of Zscaler have returned -14.1% over the past month versus the Zacks S&P 500 composite's -1.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.