Which has grown faster, SMCI or ZS?

Over the past five years, SMCI grew revenue faster — SMCI at a 58.36% CAGR versus ZS at 39.45%.

Is SMCI or ZS more profitable?

SMCI runs the higher net margin — SMCI at 3.70% versus ZS at -2.44%.

Which has been the better investment, SMCI or ZS?

Over the past 5-year, SMCI delivered the higher annualized total return — SMCI at 28.36% versus ZS at -9.58%. Past performance doesn't predict future results.

Super Micro Computer, Inc. (SMCI) vs Zscaler, Inc. (ZS)

SMCI leads on 11 of 12 compared metrics.

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 June 27, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

SMCI

Super Micro Computer, Inc.

Total return — SMCI vs ZS

growth of $100 · last 8y

SMCI +1454.8%ZS +300.8%SMCI compounded faster

SMCI ZS

SMCI vs ZS: by the numbers

•ZS is the larger company ($21.39B vs $19.81B market cap).
•SMCI is profitable (3.70% net margin) while ZS runs a net loss (-2.44%).
•SMCI grew revenue faster over the past five years (58.36% vs 39.45% CAGR).

Which is better, SMCI or ZS?

Metric tally: SMCI 11 · ZS 1

It depends on what you're optimizing for:

GrowthSMCI(faster 5Y revenue CAGR)

QualitySMCI(higher ROIC)

Metrics side by side

Valuation

Metric	SMCI	ZS
P/E ratio	16.21	—
Forward P/E	11.80●	28.76
P/S ratio	0.61●	6.70
P/B ratio	2.72●	8.98
PEG ratio	0.27	—
EV / EBITDA	16.36●	5158.13
FCF yield	—	4.52%

Profitability

Metric	SMCI	ZS
Gross margin	8.39%	76.67%●
Operating margin	4.48%●	-4.73%
Net margin	3.70%●	-2.44%
ROE	16.47%●	-3.27%
ROIC	9.26%●	-3.18%

Growth (annualized)

Metric	SMCI	ZS
Revenue CAGR (5Y)	58.36%●	39.45%
EPS CAGR (5Y)	59.78%	—
FCF CAGR (5Y)	84.64%●	49.89%
Total return CAGR (5Y)	53.42%●	-9.58%

Frequently asked

Which is better, SMCI or ZS?: It depends on your goal. growth: SMCI (faster 5Y revenue CAGR); quality: SMCI (higher ROIC). Across all compared metrics, SMCI leads 11 to 1.
Which has grown faster, SMCI or ZS?: Over the past five years, SMCI grew revenue faster — SMCI at a 58.36% CAGR versus ZS at 39.45%.
Is SMCI or ZS more profitable?: SMCI runs the higher net margin — SMCI at 3.70% versus ZS at -2.44%.
Which has been the better investment, SMCI or ZS?: Over the past 5-year, SMCI delivered the higher annualized total return — SMCI at 28.36% versus ZS at -9.58%. Past performance doesn't predict future results.

Go deeper

Full SMCI analysis Full ZS analysis Interactive comparison tool

Dig into the metrics

Super Micro Computer P/E ratio Zscaler P/E ratio Super Micro Computer dividend yield Zscaler dividend yield Super Micro Computer ROE Zscaler ROE Super Micro Computer operating margin Zscaler operating margin Super Micro Computer revenue growth Zscaler revenue growth Super Micro Computer free cash flow Zscaler free cash flow

Super Micro Computer & Zscaler appear in these rankings

Fastest Revenue Growth Stocks Highest FCF Yield Stocks Best 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 June 27, 2026.