Super Micro Computer, Inc. (SMCI) vs Zscaler, Inc. (ZS)
A side-by-side comparison of Super Micro Computer, Inc. and Zscaler, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 4, 2026. Differences are shown without an overall score or investment verdict.
SMCI
Super Micro Computer, Inc.
$39.38TechnologyDelayed quote: Sep 4, 2026, 3:10 PM EDT
ZS
Zscaler, Inc.
$167.65TechnologyDelayed quote: Sep 4, 2026, 3:10 PM EDT
Total return — SMCI vs ZS
growth of $100 · dividends reinvested · last 8ySMCI +1822.3% (+44.7%/yr)ZS +438.8% (+23.4%/yr)SMCI compounded faster over this window
SMCI ZS
SMCI vs ZS: by the numbers
- •ZS is the larger company ($27.11B vs $25.47B market cap).
- •SMCI is profitable (5.71% net margin) while ZS runs a net loss (-1.88%).
- •SMCI grew revenue faster over the past five years (61.49% vs 37.87% CAGR).
Metrics side by side
Valuation
| Metric | SMCI | ZS |
|---|---|---|
| P/E ratio | 11.62 | N/A |
| Forward P/E | 13.51 | 43.13 |
| P/S ratio | 0.68 | 8.50 |
| P/B ratio | 1.82 | 10.96 |
| EV / EBITDA | 8.91 | 500.71 |
| FCF yield | N/A | 2.99% |
Profitability
| Metric | SMCI | ZS |
|---|---|---|
| Gross margin | 10.82% | 76.80% |
| Operating margin | 7.09% | -3.98% |
| Net margin | 5.71% | -1.88% |
| ROE | 15.40% | -2.43% |
| ROIC | 9.73% | -2.72% |
Growth (annualized)
| Metric | SMCI | ZS |
|---|---|---|
| Revenue CAGR (5Y) | 61.49% | 37.87% |
| EPS CAGR (5Y) | 46.02% | N/A |
| FCF CAGR (5Y) | N/A | 42.77% |
| Total return CAGR (5Y) | 58.39% | -9.16% |
Frequently asked
- Which has grown faster, SMCI or ZS?
- Over the past five years, SMCI grew revenue faster — SMCI at a 61.49% CAGR versus ZS at 37.87%.
- Is SMCI or ZS more profitable?
- SMCI runs the higher net margin — SMCI at 5.71% versus ZS at -1.88%.
- How have SMCI and ZS total returns compared?
- Over the past 5 years, SMCI delivered 32.79% and ZS delivered -9.16% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Super Micro Computer P/E ratioSuper Micro Computer ROEZscaler ROESuper Micro Computer operating marginZscaler operating marginSuper Micro Computer revenue growthZscaler revenue growthSuper Micro Computer free cash flowZscaler free cash flow
Super Micro Computer & Zscaler appear in these rankings
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 September 4, 2026.