cust.co / Compare / Zscaler vs Toast

Zscaler vs Toast - NRR head-to-head

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

Zscaler leads by +6.0pp on latest NRR (115.0% vs 109.0%).

NRR over time

105%114%122%130%139% FY2018-Q3FY2019-Q4FY-2021FY2023-Q3FY2024-Q1FY2024-Q4FY2025-Q3FY2026-Q1 NRR Zscaler Toast 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% Toast — FY2020-Q4: 135% Toast — FY-2023: 118% Toast — FY2024-Q1: 111% Toast — FY2024-Q4: 110% Toast — FY2025-Q4: 109% Toast — FY-2025: 109%

Toast hit a higher all-time peak (135.0% in FY2020-Q4).

Stat-by-stat

Metric Zscaler Toast
Latest NRR 115.0% 109.0%
All-time peak NRR 127.0% 135.0%
All-time low NRR 114.0% 109.0%
QoQ change +1.0pp +0.0pp
YoY change +0.0pp -9.0pp
3-year change -10.0pp -
Disclosures tracked 22 6

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