Strategy Inc (MSTR) vs Splunk Inc. (SPLK)

SPLK leads on 6 of 11 compared metrics.

A side-by-side comparison of Strategy Inc and Splunk Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 25, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — MSTR vs SPLK

growth of $100 · last 12y
MSTR +1129.2%SPLK +342.2%MSTR compounded faster
05001kStart $100201420162018202020222024$1,229$442
MSTR SPLK

MSTR vs SPLK: by the numbers

  • MSTR is the larger company ($27.96B vs $26.44B market cap).
  • SPLK is profitable (6.26% net margin) while MSTR runs a net loss (-2519.39%).
  • SPLK grew revenue faster over the past five years (18.52% vs -0.07% CAGR).

Which is better, MSTR or SPLK?

Metric tally: MSTR 5 · SPLK 6

It depends on what you're optimizing for:

GrowthSPLK(faster 5Y revenue CAGR)
QualitySPLK(higher ROIC)

Metrics side by side

Valuation

MetricMSTRSPLK
P/E ratio104.60
Forward P/E1.97
P/S ratio64.086.29
P/B ratio0.6935.82
PEG ratio0.71
EV / EBITDA57.53
FCF yield14.39%3.71%

Profitability

MetricMSTRSPLK
Gross margin68.11%79.74%
Operating margin94.21%6.95%
Net margin-2519.39%6.26%
ROE-27.08%35.61%
ROIC-6.19%7.66%

Growth (annualized)

MetricMSTRSPLK
Revenue CAGR (5Y)-0.07%18.52%
EPS CAGR (5Y)73.47%
FCF CAGR (5Y)132.62%29.25%
Total return CAGR (5Y)10.10%4.06%

Frequently asked

Which is better, MSTR or SPLK?
It depends on your goal. growth: SPLK (faster 5Y revenue CAGR); quality: SPLK (higher ROIC). Across all compared metrics, SPLK leads 6 to 5.
Which has grown faster, MSTR or SPLK?
Over the past five years, SPLK grew revenue faster — MSTR at a -0.07% CAGR versus SPLK at 18.52%.
Is MSTR or SPLK more profitable?
SPLK runs the higher net margin — MSTR at -2519.39% versus SPLK at 6.26%.
Which has been the better investment, MSTR or SPLK?
Over the past 10-year, MSTR delivered the higher annualized total return — MSTR at 18.45% versus SPLK at 5.71%. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 25, 2026.