Which has grown faster, ZM or ZS?

Over the past five years, ZS grew revenue faster — ZM at a 8.51% CAGR versus ZS at 39.45%.

Is ZM or ZS more profitable?

ZM runs the higher net margin — ZM at 41.99% versus ZS at -2.44%.

How have ZM and ZS total returns compared?

Over the past 5 years, ZM delivered -20.43% and ZS delivered -5.90% annualized total return. Past performance doesn't predict future results.

Zoom Communications, Inc. (ZM) vs Zscaler, Inc. (ZS)

A side-by-side comparison of Zoom Communications, Inc. and Zscaler, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 21, 2026. Differences are shown without an overall score or investment verdict.

Zoom Communications, Inc.

$31.50B

$107.43TechnologyDelayed quote: Aug 21, 2026, 4:00 PM EDT

Zscaler, Inc.

$29.39B

$181.75TechnologyDelayed quote: Aug 21, 2026, 4:00 PM EDT

Total return — ZM vs ZS

growth of $100 · dividends reinvested · last 7y

ZM +73.3% (+8.2%/yr)ZS +191.1% (+16.5%/yr)ZS compounded faster over this window

ZM ZS

ZM vs ZS: by the numbers

•ZM is the larger company ($31.50B vs $29.39B market cap).
•ZM is profitable (41.99% net margin) while ZS runs a net loss (-2.44%).
•ZS grew revenue faster over the past five years (39.45% vs 8.51% CAGR).

Metrics side by side

Valuation

Metric	ZM	ZS
P/E ratio	15.80	N/A
Forward P/E	18.00	44.12
P/S ratio	6.54	9.21
P/B ratio	3.23	12.34
EV / EBITDA	23.45	7011.59
FCF yield	6.08%	3.29%

Profitability

Metric	ZM	ZS
Gross margin	77.40%	76.67%
Operating margin	24.17%	-4.73%
Net margin	41.99%	-2.44%
ROE	20.77%	-3.27%
ROIC	9.24%	-3.26%

Growth (annualized)

Metric	ZM	ZS
Revenue CAGR (5Y)	8.51%	39.45%
EPS CAGR (5Y)	21.68%	N/A
FCF CAGR (5Y)	4.31%	49.89%
Total return CAGR (5Y)	-20.43%	-5.90%

Frequently asked

Which has grown faster, ZM or ZS?: Over the past five years, ZS grew revenue faster — ZM at a 8.51% CAGR versus ZS at 39.45%.
Is ZM or ZS more profitable?: ZM runs the higher net margin — ZM at 41.99% versus ZS at -2.44%.
How have ZM and ZS total returns compared?: Over the past 5 years, ZM delivered -20.43% and ZS delivered -5.90% annualized total return. Past performance doesn't predict future results.

Go deeper

Full ZM analysis Full ZS analysis Interactive comparison tool

Dig into the metrics

Zoom Communications P/E ratio Zoom Communications ROE Zscaler ROE Zoom Communications operating margin Zscaler operating margin Zoom Communications revenue growth Zscaler revenue growth Zoom Communications free cash flow Zscaler free cash flow

Zoom Communications & Zscaler appear in these rankings

Fastest Revenue Growth Stocks Highest FCF Yield 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 21, 2026.