Side-by-side comparison
Cloudflare vs Zscaler
As of Nov 11, 2026, revenue growth is 35.7% for Cloudflare vs 25.4% for Zscaler; operating margin is -14.1% for Cloudflare vs -4.0% for Zscaler; net margin is -8.7% for Cloudflare vs -1.9% for Zscaler; one-year return is +41.0% for Cloudflare vs -37.8% for Zscaler.
What stands out
- Cloudflare is growing revenue faster: 35.7% vs 25.4% for Zscaler.
- Zscaler keeps more of each sale as operating profit: -4.0% margin vs -14.1% for Cloudflare.
- Cloudflare's shares did better over the past year: +41.0% vs -37.8% for Zscaler.
- Cloudflare scores higher on TickerHum's ratings: 50/100 vs 40/100 for Zscaler.
Key metrics
| Metric | NET | ZS |
|---|---|---|
| Price | $318.10 | $197.15 |
| Market cap | — | $32.15B |
| P/E | — | — |
| P/S | — | 9.6x (#1) |
| Revenue growth | 35.7% (#1) | 25.4% (#2) |
| Operating margin | -14.1% (#2) | -4.0% (#1) |
| Net margin | -8.7% (#2) | -1.9% (#1) |
| Debt / equity | — | — |
| 1-year return | +41.0% (#1) | -37.8% (#2) |
| Research score | 50/100 (#1) | 40/100 (#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
- Cloudflare, Inc. (NET) — Software—Infrastructure
- Zscaler, Inc. (ZS) — Software—Infrastructure