cust.co / Compare / Zscaler vs Palo Alto Networks

Zscaler vs Palo Alto Networks - NRR head-to-head

Side-by-side Net Revenue Retention comparison sourced from SEC filings and earnings releases. Both compete in Security. Both at Public stage.

Palo Alto Networks leads by +4.0pp on latest NRR (119.0% vs 115.0%).

NRR over time

112%116%121%125%129% FY2018-Q3FY2019-Q4FY-2021FY2023-Q3FY2024-Q1FY2024-Q4FY2025-Q3FY2026-Q1FY2026-Q2 NRR Zscaler Palo Alto Networks Zscaler — FY2018-Q3: 125% Zscaler — FY-2018: 117% Zscaler — FY-2019: 118% Zscaler — FY2019-Q4: 120% Zscaler — FY-2020: 116% Zscaler — FY2020-Q4: 122% Zscaler — FY-2021: 127% Zscaler — FY-2022: 125% Zscaler — FY2023-Q2: 125% Zscaler — FY2023-Q3: 125% Zscaler — FY2023-Q4: 125% Zscaler — FY-2023: 121% Zscaler — FY2024-Q1: 125% Zscaler — FY2024-Q3: 116% Zscaler — FY-2024: 116% Zscaler — FY2024-Q4: 116% Zscaler — FY2025-Q1: 114% Zscaler — FY2025-Q2: 115% Zscaler — FY2025-Q3: 114% Zscaler — FY2025-Q4: 114% Zscaler — FY-2025: 114% Zscaler — FY2026-Q1: 115% Palo Alto Networks — FY2025-Q4: 120% Palo Alto Networks — FY2026-Q2: 119%

Zscaler hit a higher all-time peak (127.0% in FY-2021).

Stat-by-stat

Metric Zscaler Palo Alto Networks
Latest NRR 115.0% 119.0%
All-time peak NRR 127.0% 120.0%
All-time low NRR 114.0% 119.0%
QoQ change +1.0pp -1.0pp
YoY change +0.0pp -
3-year change -10.0pp -
Disclosures tracked 22 2

How does your NRR stack up?

Compute yours in 30 seconds. Free percentile + shareable badge.