Which has grown faster, MSTR or ZS?

Over the past five years, ZS grew revenue faster — MSTR at a -0.34% CAGR versus ZS at 39.45%.

How have MSTR and ZS total returns compared?

Over the past 5 years, MSTR delivered 19.64% and ZS delivered -6.97% annualized total return. Past performance doesn't predict future results.

Strategy Inc (MSTR) vs Zscaler, Inc. (ZS)

A side-by-side comparison of Strategy Inc and Zscaler, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 10, 2026. Differences are shown without an overall score or investment verdict.

MSTR

Strategy Inc

$32.20B

$97.33TechnologyDelayed quote: Aug 10, 2026, 4:00 PM EDT

Zscaler, Inc.

$28.57B

$176.68TechnologyDelayed quote: Aug 10, 2026, 4:00 PM EDT

Total return — MSTR vs ZS

growth of $100 · dividends reinvested · last 8y

MSTR +633.7% (+28.3%/yr)ZS +411.2% (+22.6%/yr)MSTR compounded faster over this window

MSTR ZS

MSTR vs ZS: by the numbers

•MSTR is the larger company ($32.20B vs $28.57B market cap).
•Both run net losses; ZS's is the smaller (-2.44% vs -6102.96% net margin).
•ZS grew revenue faster over the past five years (39.45% vs -0.34% CAGR).

Metrics side by side

Valuation

Metric	MSTR	ZS
Forward P/E	N/A	40.97
P/S ratio	68.89	8.54
P/B ratio	0.76	11.46
EV / EBITDA	N/A	6522.10
FCF yield	33.00%	3.54%

Profitability

Metric	MSTR	ZS
Gross margin	67.60%	76.67%
Operating margin	-8.57%	-4.73%
Net margin	-6102.96%	-2.44%
ROE	-67.10%	-3.27%
ROIC	-0.05%	-3.18%

Growth (annualized)

Metric	MSTR	ZS
Revenue CAGR (5Y)	-0.34%	39.45%
FCF CAGR (5Y)	N/A	49.89%
Total return CAGR (5Y)	5.96%	-6.97%

Frequently asked

Which has grown faster, MSTR or ZS?: Over the past five years, ZS grew revenue faster — MSTR at a -0.34% CAGR versus ZS at 39.45%.
How have MSTR and ZS total returns compared?: Over the past 5 years, MSTR delivered 19.64% and ZS delivered -6.97% annualized total return. Past performance doesn't predict future results.

Go deeper

Full MSTR analysis Full ZS analysis Interactive comparison tool

Dig into the metrics

Strategy ROE Zscaler ROE Strategy operating margin Zscaler operating margin Strategy revenue growth Zscaler revenue growth Strategy free cash flow Zscaler free cash flow

Strategy & Zscaler appear in these rankings

Fastest Revenue Growth Stocks Highest FCF Yield Stocks Highest 10-Year Total Return Stocks

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 August 10, 2026.