FTNT vs NET

Fortinet and Cloudflare, Inc., both Technology

Fortinet is the larger company at $106B against $80B. Over the past year FTNT returned +63% against +35% for NET.

Fortinet and Cloudflare, Inc.compared on valuation, return and Ryufin’s Smart Score
FigureFTNTNET
Last close$158$284
Market cap$106B$80B
Trailing P/Elower is cheaper for the same earnings, not automatically better55.7n/a
1-year return+63%+35%
5-year return+189%+140%
Ryufin Smart Scoresector-relative, 1–109/109/10

Figures from SEC filings and end-of-day closes. Highlighting marks the higher or lower number, which is not the same as the better investment, a low P/E can be a warning and a high one can be deserved.

Fortinet

Revenue of $2.0B in Q2 2026, net income $606M. Its largest reported line is EMEA, 42% of the disclosed total.

Cloudflare, Inc.

Revenue of $696M in Q2 2026, net income null. Its largest reported line is US, 49% of the disclosed total.

Open these two in the interactive comparison to add more names, change the period or read the correlation.