Cloudflare, Inc. (NET) vs Okta, Inc. (OKTA)
A side-by-side comparison of Cloudflare, Inc. and Okta, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 14, 2026. Differences are shown without an overall score or investment verdict.
NET
Cloudflare, Inc.
$315.67TechnologyDelayed quote: Aug 14, 2026, 3:59 PM EDT
OKTA
Okta, Inc.
$147.43TechnologyDelayed quote: Aug 14, 2026, 4:00 PM EDT
Total return — NET vs OKTA
growth of $100 · dividends reinvested · last 7yNET +1737.9% (+51.6%/yr)OKTA +51.8% (+6.1%/yr)NET compounded faster over this window
Log scale — wide-divergence pair
NET OKTA
NET vs OKTA: by the numbers
- •NET is the larger company ($112.04B vs $24.49B market cap).
- •OKTA is profitable (8.24% net margin) while NET runs a net loss (-8.21%).
- •NET grew revenue faster over the past five years (36.49% vs 27.10% CAGR).
Metrics side by side
Valuation
| Metric | NET | OKTA |
|---|---|---|
| P/E ratio | N/A | 112.28 |
| Forward P/E | 276.28 | 45.01 |
| P/S ratio | 46.66 | 9.19 |
| P/B ratio | 72.36 | 3.99 |
| EV / EBITDA | N/A | 104.15 |
| FCF yield | 0.39% | 3.27% |
Profitability
| Metric | NET | OKTA |
|---|---|---|
| Gross margin | 72.58% | 77.44% |
| Operating margin | -14.11% | 5.67% |
| Net margin | -8.21% | 8.24% |
| ROE | -12.73% | 3.58% |
| ROIC | -4.10% | 1.88% |
Growth (annualized)
| Metric | NET | OKTA |
|---|---|---|
| Revenue CAGR (5Y) | 36.49% | 27.10% |
| FCF CAGR (5Y) | N/A | 46.51% |
| Total return CAGR (5Y) | 22.13% | -8.06% |
Frequently asked
- Which has grown faster, NET or OKTA?
- Over the past five years, NET grew revenue faster — NET at a 36.49% CAGR versus OKTA at 27.10%.
- Is NET or OKTA more profitable?
- OKTA runs the higher net margin — NET at -8.21% versus OKTA at 8.24%.
- How have NET and OKTA total returns compared?
- Over the past 5 years, NET delivered 22.13% and OKTA delivered -8.06% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Okta P/E ratioCloudflare ROEOkta ROECloudflare operating marginOkta operating marginCloudflare revenue growthOkta revenue growthCloudflare free cash flowOkta free cash flow
Cloudflare & Okta 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 14, 2026.