Two of the top cybersecurity companies on our list share the lead at an MGI of 70, and they could hardly be more different underneath. CrowdStrike, at $113B, keeps 29% per-share growth from a 32% headline rate. Rubrik's revenue per share fell 35% a year even as revenue rose 34%, growth financed by an expanding share count.
That contrast is the lesson of the whole 13-name group. The median MGI of 50 splits platform leaders like Fortinet at 69 and Cloudflare at 67 from the specialists below, and dilution is the quiet variable running through security software. The per-share column is where it shows first. Click any company for the full citation-backed analysis.
34companies qualify
55.5median MGI
0joined this week
The ranking
Sorted by MGIShare
1
Zscaler, Inc.ZS🇺🇸
Revenue +33%/yr · +29%/yr per share · asset light
G 71V 56O 73Cap $29.7B
MGI
71
MVI
56
MTI
46
MOI
73
Cap
$29.7B
Growth
+25%Rev CAGR +25%
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2
Sectra ABSECT.B.SE🇸🇪
Revenue +15%/yr · +15%/yr per share · asset light
G 71V 52O 71Cap $5.0B
MGI
71
MVI
52
MTI
28
MOI
71
Cap
$5.0B
Growth
+13%Rev CAGR +13%
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3
Rubrik, Inc.RBRK🇺🇸
Revenue +34%/yr · -35%/yr per share · asset light
G 70V 48O 69Cap $21.0B
MGI
70
MVI
48
MTI
44
MOI
69
Cap
$21.0B
Growth
+39%Rev CAGR +39%
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4
AvePoint, Inc.AVPT🇺🇸
Revenue +19%/yr · +9%/yr per share · asset light
G 68V 67O 74Cap $2.6B
MGI
68
MVI
67
MTI
45
MOI
74
Cap
$2.6B
Growth
+22%Rev CAGR +22%
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5
Cloudflare, Inc.NET🇺🇸
Revenue +31%/yr · +28%/yr per share · asset light
G 67V 41O 63Cap $99.9B
MGI
67
MVI
41
MTI
43
MOI
63
Cap
$99.9B
Growth
+36%Rev CAGR +36%
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6
Clear Secure, Inc.YOU🇺🇸
Revenue +32%/yr · +24%/yr per share · asset light
G 66V 67O 73Cap $5.9B
MGI
66
MVI
67
MTI
52
MOI
73
Cap
$5.9B
Growth
+27%Rev CAGR +27%
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7
CrowdStrike Holdings, Inc.CRWD🇺🇸
Revenue +32%/yr · +29%/yr per share · asset light
G 65V 39O 58Cap $220.9B
MGI
65
MVI
39
MTI
44
MOI
58
Cap
$220.9B
Growth
+26%Rev CAGR +26%
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8
Cellebrite DI Ltd.CLBT🇮🇱
Revenue +16%/yr · +6%/yr per share · asset light
G 65V 66O 71Cap $3.2B
MGI
65
MVI
66
MTI
52
MOI
71
Cap
$3.2B
Growth
+19%Rev CAGR +19%
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9
Fortinet, Inc.FTNT🇺🇸
Revenue +18%/yr · +20%/yr per share · asset light
G 63V 53O 65Cap $115.0B
MGI
63
MVI
53
MTI
42
MOI
65
Cap
$115.0B
Growth
+18%Rev CAGR +18%
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10
SentinelOne, Inc.S🇺🇸
Revenue +44%/yr · +17%/yr per share · asset light
G 61V 48O 61Cap $7.9B
MGI
61
MVI
48
MTI
47
MOI
61
Cap
$7.9B
Growth
+21%Rev CAGR +21%
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11
PA
Passus S.A.PAS.PL🇵🇱
Revenue +28%/yr · +29%/yr per share · asset light
G 61V 83O 71Cap $55.8M
MGI
61
MVI
83
MTI
44
MOI
71
Cap
$55.8M
Growth
+28%Rev CAGR +28%
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12
Elastic N.V.ESTC🇺🇸
Revenue +19%/yr · +15%/yr per share · asset light
G 60V 54O 61Cap $9.0B
MGI
60
MVI
54
MTI
48
MOI
61
Cap
$9.0B
Growth
+16%Rev CAGR +16%
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13
Palo Alto Networks, Inc.PANW🇺🇸
Revenue +18%/yr · +13%/yr per share · asset light
G 59V 42O 53Cap $313.2B
MGI
59
MVI
42
MTI
37
MOI
53
Cap
$313.2B
Growth
+31%Rev CAGR +31%
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14
NAPCO Security Technologies, Inc.NSSC🇺🇸
Revenue +9%/yr · +10%/yr per share · asset light
G 57V 55O 58Cap $1.4B
MGI
57
MVI
55
MTI
43
MOI
58
Cap
$1.4B
Growth
+12%Rev CAGR +12%
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15
Bittium OyjBITTI.FI🇫🇮
Revenue +9%/yr · +9%/yr per share · asset light
G 57V 44O 55Cap $1.3B
MGI
57
MVI
44
MTI
44
MOI
55
Cap
$1.3B
Growth
+9%Rev CAGR +9%
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16
Commvault Systems, Inc.CVLT🇺🇸
Revenue +10%/yr · +12%/yr per share · asset light
G 56V 52O 57Cap $6.0B
MGI
56
MVI
52
MTI
44
MOI
57
Cap
$6.0B
Growth
+11%Rev CAGR +11%
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17
Intercede Group plcIGP.GB🇬🇧
Revenue +10%/yr · +9%/yr per share · asset light
G 56V 55O 57Cap $95.9M
MGI
56
MVI
55
MTI
47
MOI
57
Cap
$95.9M
Growth
-11%Rev CAGR -11%
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18
Varonis Systems, Inc.VRNS🇺🇸
Revenue +12%/yr · +10%/yr per share · asset light
G 55V 56O 57Cap $5.0B
MGI
55
MVI
56
MTI
53
MOI
57
Cap
$5.0B
Growth
+18%Rev CAGR +18%
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19
Okta, Inc.OKTA🇺🇸
Revenue +21%/yr · +16%/yr per share · asset light
G 52V 53O 53Cap $25.9B
MGI
52
MVI
53
MTI
52
MOI
53
Cap
$25.9B
Growth
+21%Rev CAGR +21%
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20
Climb Global Solutions, Inc.CLMB🇺🇸
Revenue +20%/yr · +19%/yr per share · scale economics
G 52V 64O 55Cap $482.6M
MGI
52
MVI
64
MTI
47
MOI
55
Cap
$482.6M
Growth
+9%Rev CAGR +9%
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21
Yubico ABYUBICO.SE🇸🇪
Revenue +20%/yr · -5%/yr per share · asset light
G 50V 58O 52Cap $587.2M
MGI
50
MVI
58
MTI
48
MOI
52
Cap
$587.2M
Growth
+9%Rev CAGR +9%
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22
Qualys, Inc.QLYS🇺🇸
Revenue +11%/yr · +14%/yr per share · asset light
G 48V 52O 48Cap $5.6B
MGI
48
MVI
52
MTI
54
MOI
48
Cap
$5.6B
Growth
+11%Rev CAGR +11%
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23
CY4Gate S.p.A.CY4.IT🇮🇹
Revenue +24%/yr · +2%/yr per share · scale economics
G 48V 71O 52Cap $197.2M
MGI
48
MVI
71
MTI
62
MOI
52
Cap
$197.2M
Growth
+139%Rev CAGR +139%
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24
Wallix Group S.A.ALLIX.FR🇫🇷
Revenue +15%/yr · +12%/yr per share · asset light
G 47V 60O 49Cap $186.9M
MGI
47
MVI
60
MTI
55
MOI
49
Cap
$186.9M
Growth
+19%Rev CAGR +19%
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25
Facephi Biometria, S.A.FACE.ES🇪🇸
Revenue +58%/yr · +40%/yr per share · asset light
G 47V 83O 54Cap $67M
MGI
47
MVI
83
MTI
52
MOI
54
Cap
$67M
Growth
+25%Rev CAGR +25%
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26
Tenable Holdings, Inc.TENB🇺🇸
Revenue +14%/yr · +12%/yr per share · asset light
G 44V 58O 47Cap $4.1B
MGI
44
MVI
58
MTI
47
MOI
47
Cap
$4.1B
Growth
+14%Rev CAGR +14%
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27
Zedcor Inc.ZDC.CA🇨🇦
Revenue +41%/yr · +24%/yr per share · asset light
G 43V 63O 46Cap $440.8M
MGI
43
MVI
63
MTI
45
MOI
46
Cap
$440.8M
Growth
+69%Rev CAGR +69%
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28
Clavister ABCLAV.SE🇸🇪
Revenue +13%/yr · -21%/yr per share · asset light
G 40V 65O 42Cap $98.8M
MGI
40
MVI
65
MTI
42
MOI
42
Cap
$98.8M
Growth
+14%Rev CAGR +14%
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29
Fastly, Inc.FSLY🇺🇸
Revenue +14%/yr · +8%/yr per share · asset light
G 39V 41O 37Cap $4.8B
MGI
39
MVI
41
MTI
63
MOI
37
Cap
$4.8B
Growth
+20%Rev CAGR +20%
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30
WIIT S.p.A.WIIT.IT🇮🇹
Revenue +17%/yr · +18%/yr per share · asset light
G 36V 55O 37Cap $628.9M
MGI
36
MVI
55
MTI
50
MOI
37
Cap
$628.9M
Growth
+17%Rev CAGR +17%
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31
Gen Digital Inc.GEN🇺🇸
Revenue +13%/yr · +12%/yr per share · asset light
G 34V 58O 36Cap $16.5B
MGI
34
MVI
58
MTI
52
MOI
36
Cap
$16.5B
Growth
+6%Rev CAGR +6%
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32
Evolv Technologies Holdings, Inc.EVLV🇺🇸
Revenue +49%/yr · +24%/yr per share · scale economics
G 34V 54O 35Cap $1.0B
MGI
34
MVI
54
MTI
62
MOI
35
Cap
$1.0B
Growth
+45%Rev CAGR +45%
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33
Castellum, Inc.CTM🇺🇸
Revenue +17%/yr · -16%/yr per share · scale economics
G 32V 65O 34Cap $65M
MGI
32
MVI
65
MTI
55
MOI
34
Cap
$65M
Growth
-1%Rev CAGR -1%
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34
Rapid7, Inc.RPD🇺🇸
Revenue +10%/yr · +6%/yr per share · asset light
G 25V 53O 25Cap $876.2M
MGI
25
MVI
53
MTI
65
MOI
25
Cap
$876.2M
Growth
0%Rev CAGR 0%
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Research tool, not investment advice. Rankings are generated by our models from company filings and market data, refresh nightly, and are identical for every visitor. Scores reflect our methodology and are not recommendations to act. Data as of 2026-08-17.