Elastic N.V. (ESTC) vs Cloudflare, Inc. (NET)
A side-by-side comparison of Elastic N.V. and Cloudflare, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 13, 2026. Differences are shown without an overall score or investment verdict.
ESTC
Elastic N.V.
$87.94TechnologyDelayed quote: Sep 28, 2026, 4:02 PM EDT
NET
Cloudflare, Inc.
$354.21TechnologyDelayed quote: Sep 28, 2026, 4:00 PM EDT
Total return — ESTC vs NET
growth of $100 · dividends reinvested · last 7yESTC -11.3% (-1.7%/yr)NET +1602.9% (+49.9%/yr)NET compounded faster over this window
Log scale — wide-divergence pair
ESTC NET
ESTC vs NET: by the numbers
- •NET is the larger company ($125.72B vs $9.14B market cap).
- •ESTC is profitable (20.84% net margin) while NET runs a net loss (-8.21%).
- •NET grew revenue faster over the past five years (36.49% vs 21.79% CAGR).
Metrics side by side
Valuation
| Metric | ESTC | NET |
|---|---|---|
| P/E ratio | 24.61 | N/A |
| Forward P/E | 26.18 | 280.80 |
| P/S ratio | 5.07 | 50.04 |
| P/B ratio | 7.05 | 77.61 |
| FCF yield | 3.82% | 0.30% |
Profitability
| Metric | ESTC | NET |
|---|---|---|
| Gross margin | 75.50% | 72.58% |
| Operating margin | -1.49% | -14.11% |
| Net margin | 20.84% | -8.21% |
| ROE | 28.97% | -12.73% |
| ROIC | -1.37% | -6.90% |
Growth (annualized)
| Metric | ESTC | NET |
|---|---|---|
| Revenue CAGR (5Y) | 21.79% | 36.49% |
| FCF CAGR (5Y) | 107.34% | N/A |
| Total return CAGR (5Y) | -12.18% | 19.17% |
Frequently asked
- Which has grown faster, ESTC or NET?
- Over the past five years, NET grew revenue faster — ESTC at a 21.79% CAGR versus NET at 36.49%.
- Is ESTC or NET more profitable?
- ESTC runs the higher net margin — ESTC at 20.84% versus NET at -8.21%.
- How have ESTC and NET total returns compared?
- Over the past 5 years, ESTC delivered -12.18% and NET delivered 19.17% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Elastic P/E ratioElastic ROECloudflare ROEElastic operating marginCloudflare operating marginElastic revenue growthCloudflare revenue growthElastic free cash flowCloudflare free cash flow
Elastic & 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 September 13, 2026.