As of the most recent data point for Q2'26 (2026-01-31), ZS reported a diluted EPS of -0.21 USD, representing a significant year-over-year decline of -320%. This marks a notable deterioration compared to the previous quarter, where EPS was -0.07 USD with a YoY growth of 12.5%. Over the period from Q3'23 to Q2'26, ZS's diluted EPS has generally remained negative, with the exception of Q3'24, when it briefly turned positive at 0.12 USD. The overall trend shows persistent losses, punctuated by a temporary improvement in mid-2024, followed by a return to negative values and increasing volatility in YoY growth rates. Notably, the YoY growth rate peaked at 137.5% in Q3'24, but has since experienced sharp declines, culminating in the steep drop to -320% in the latest quarter, indicating heightened earnings instability.