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Zscaler reported FY2025 revenue of $2.7 billion and Q2 FY2026 revenue of $815.8 million. The thesis depends on zero-trust demand, large-customer expansion, billings quality, operating leverage, stock compensation and cash conversion.
OpenOracle reported FY2025 revenue of $57.4 billion and fiscal Q3 2026 revenue of $17.2 billion. The thesis depends on OCI growth, application durability, capital intensity, debt capacity and cash conversion.
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