AppLovin Corporation (APP) vs Cloudflare, Inc. (NET)
A side-by-side comparison of AppLovin Corporation and Cloudflare, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 7, 2026. Differences are shown without an overall score or investment verdict.
APP
AppLovin Corporation
$342.44TechnologyDelayed quote: Aug 7, 2026, 1:25 PM EDT
NET
Cloudflare, Inc.
$305.34TechnologyDelayed quote: Aug 7, 2026, 1:20 PM EDT
Total return — APP vs NET
growth of $100 · dividends reinvested · last 5yAPP +414.8%NET +281.4%APP compounded faster
APP NET
APP vs NET: by the numbers
- •APP is the larger company ($115.04B vs $108.38B market cap).
- •APP is profitable (64.58% net margin) while NET runs a net loss (-8.21%).
- •NET grew revenue faster over the past five years (36.49% vs 25.84% CAGR).
Metrics side by side
Valuation
| Metric | APP | NET |
|---|---|---|
| P/E ratio | 25.80 | N/A |
| Forward P/E | 21.01 | 237.49 |
| P/S ratio | 16.61 | 40.12 |
| P/B ratio | 35.86 | 62.21 |
| PEG ratio | 0.62 | N/A |
| EV / EBITDA | 21.00 | N/A |
| FCF yield | 3.97% | 0.46% |
Profitability
| Metric | APP | NET |
|---|---|---|
| Gross margin | 88.46% | 72.58% |
| Operating margin | 77.44% | -14.11% |
| Net margin | 64.58% | -8.21% |
| ROE | 139.42% | -12.73% |
| ROIC | 60.71% | -4.10% |
Growth (annualized)
| Metric | APP | NET |
|---|---|---|
| Revenue CAGR (5Y) | 25.84% | 36.49% |
| EPS CAGR (5Y) | 73.54% | N/A |
| FCF CAGR (5Y) | 73.58% | N/A |
| Total return CAGR (5Y) | 41.76% | 19.08% |
Frequently asked
- Which has grown faster, APP or NET?
- Over the past five years, NET grew revenue faster — APP at a 25.84% CAGR versus NET at 36.49%.
- Is APP or NET more profitable?
- APP runs the higher net margin — APP at 64.58% versus NET at -8.21%.
- How have APP and NET total returns compared?
- Over the past 5 years, APP delivered 41.76% and NET delivered 19.08% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
AppLovin P/E ratioCloudflare P/E ratioAppLovin dividend yieldCloudflare dividend yieldAppLovin ROECloudflare ROEAppLovin operating marginCloudflare operating marginAppLovin revenue growthCloudflare revenue growthAppLovin free cash flowCloudflare free cash flow
AppLovin & Cloudflare appear in these rankings
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 7, 2026.