Risk factors
Zscaler (ZS) risk factors
Item 1A of every Zscaler, Inc. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.
- FY2026 10-K risk factors59 risks3 new10 dropped27 reworded
AI/ML risk now covers internal systems, resource allocation and realizing expected benefits, not only product development.
Filed Sep 03, 2026 - FY2025 10-K risk factors66 risks9 new3 dropped22 reworded
Zscaler faces heightened competition from larger tech firms offering bundled or zero-margin security products.
Filed Sep 11, 2025 - FY2024 10-K risk factors60 risks
Zscaler relies heavily on channel partners for sales and faces intense competition in the evolving cloud security market. The company has a history of accumulated net losses totaling $1,148.1 million as of July 31, 2024. International operations represent about 50% of revenue, with 37% of the global workforce based in India.
Filed Sep 12, 2024