TickerHumSide-by-side comparison
Fortinet vs Cloudflare
As of Nov 11, 2026, revenue growth is 20.2% for Fortinet vs 35.7% for Cloudflare; operating margin is 33.0% for Fortinet vs -14.1% for Cloudflare; net margin is 29.0% for Fortinet vs -8.7% for Cloudflare; one-year return is +58.7% for Fortinet vs +41.0% for Cloudflare.
What stands out
- Cloudflare is growing revenue faster: 35.7% vs 20.2% for Fortinet.
- Fortinet keeps more of each sale as operating profit: 33.0% margin vs -14.1% for Cloudflare.
- Fortinet's shares did better over the past year: +58.7% vs +41.0% for Cloudflare.
- Fortinet scores higher on TickerHum's ratings: 64/100 vs 50/100 for Cloudflare.
Key metrics
| Metric | FTNT | NET |
|---|---|---|
| Price | $130.32 | $318.10 |
| Market cap | $95.75B | — |
| P/E | 42.6x (#1) | — |
| P/S | 12.1x (#1) | — |
| Revenue growth | 20.2% (#2) | 35.7% (#1) |
| Operating margin | 33.0% (#1) | -14.1% (#2) |
| Net margin | 29.0% (#1) | -8.7% (#2) |
| Debt / equity | 0.22 (#1) | — |
| 1-year return | +58.7% (#1) | +41.0% (#2) |
| Research score | 64/100 (#1) | 50/100 (#2) |
Higher is better for growth, margins, one-year return and overall score; lower is better for valuation and debt ratios. Ties share a rank and missing values are excluded.
Company research
- Fortinet, Inc. (FTNT) — Software—Infrastructure
- Cloudflare, Inc. (NET) — Software—Infrastructure