• Zscaler average operating margin for 2024 was -6.79%, a 59.8% decline from 2023.
• Zscaler average operating margin for 2023 was -16.89%, a 43.7% decline from 2022.
• Zscaler average operating margin for 2022 was -30%, a 2.88% decline from 2021.

Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.