{
  "docId": "019dd923-5eff-723e-9be6-108beed93f15",
  "docSlug": "a4dd860420a8a4f5",
  "documentTitle": "2025 05 Corporate IR Presentation",
  "authorId": "Zscaler",
  "authorName": "Zscaler",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "strategy_consulting",
  "sourceTypeLabel": "Strategy consulting",
  "presentationDate": null,
  "orientation": "landscape",
  "aspectRatio": 1.778,
  "pageNumber": 35,
  "pageCount": 48,
  "prevPage": 34,
  "nextPage": 36,
  "slideType": "financial_analysis",
  "function": "analyze_data",
  "density": "dense",
  "nDataPoints": 20,
  "notes": "The chart displays a breakdown of operating margin (green) and various expense categories (blue shades) over four fiscal years.",
  "elementsJson": [
    "bar_chart_stacked",
    "callout_box"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-5eff-723e-9be6-108beed93f15/35",
  "deckHref": "/decks/019dd923-5eff-723e-9be6-108beed93f15",
  "deckJsonHref": "/decks/019dd923-5eff-723e-9be6-108beed93f15.json",
  "deckAnchorHref": "/decks/019dd923-5eff-723e-9be6-108beed93f15#slide-35",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "60%+ contribution margins on renewal cohorts in years 2 and 3",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd952-8811-710f-910c-9e5c1292b8c1",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.65,
        "w": 0.4,
        "x": 0.05,
        "y": 0.2
      },
      "kind": "chart",
      "text": "Stacked bar chart of non-GAAP expenses and operating margin",
      "attrs": null,
      "subkind": "bar-stacked",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "b4363a8b-3e34-47de-842c-478f34ba486d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.9,
        "x": 0.05,
        "y": 0.9
      },
      "kind": "disclaimer",
      "text": "Non-GAAP expenses exclude stock-based compensation expenses and related payroll taxes, amortization expense of acquired intangible assets, asset impairment related to facility exits, amortization of debt discount and issuance costs and certain litigation-related expenses. Refer to the GAAP to non-GAAP reconciliation in Appendix A.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "8d1a65b2-dd44-45ff-be3d-8f7a0a8f4a32",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.65,
        "w": 0.45,
        "x": 0.52,
        "y": 0.2
      },
      "kind": "list",
      "text": "Key factors for operating margin, cost of revenue, sales & marketing, R&D, and G&A",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "82763604-de16-425d-8391-6e271e648d9e",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "metric",
      "text": "Non-GAAP operating margin: 20%",
      "attrs": null,
      "subkind": "primary",
      "toolName": "Quantification",
      "toolSlug": "quantification",
      "confidence": null,
      "componentId": "019dd952-8811-710f-910c-a2cb853cde65",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.5,
        "x": 0.05,
        "y": 0.07
      },
      "kind": "title",
      "text": "Investing for growth to capture large opportunity",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "d1be9033-992a-41be-a8d2-cd082fdba436",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 36,
      "from": 25,
      "beatId": "dcfd04d8-d182-456e-af08-1fbd1fc52a04",
      "arcName": "The Sparkline",
      "arcSlug": "sparkline",
      "beatName": "Financial Analysis",
      "beatSlug": null,
      "evidence": "The deck presents a detailed financial analysis, including revenue growth, billings, and margins.",
      "position": 5,
      "confidence": 0.8,
      "parentBeatName": null,
      "parentBeatSlug": null
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}