NET vs ZS
NET: Cloudflare operates a massive global cloud platform providing integrated network security, performance, and edge computing services. ZS: Zscaler provides a cloud-native zero trust cybersecurity platform that secures enterprise digital transformation and AI adoption by replacing legacy perimeter-based network security.
Side-by-side fundamentals
| Metric | NET | ZS | Edge |
|---|---|---|---|
| Price as of 2026-10-08 close | $341.89 | $216.81 | |
| Market cap | $121.7B | $35.4B | |
| Net margin | -4.7% | -1.9% | ZS higher |
| Gross margin | +74.5% | +76.8% | ZS higher |
| Operating margin | -9.6% | -4.0% | ZS higher |
| ROE | -7.0% | -2.4% | ZS higher |
| ROA | -1.7% | -0.8% | ZS higher |
| Debt / equity as of 2026-09-03 | 2.02 | 0.72 | ZS lower |
| Revenue growth (YoY) as of 2026-09-03 | +33.5% | +24.6% | NET higher |
| Revenue CAGR (3y) SEC XBRL | +30.5% | +27.5% | NET higher |
| Dividend streak (yrs) SEC XBRL | 0 | 0 | Tie |
| Beta as of 2026-09-03 | 1.62 | 1.25 | |
| 1-year return as of 2026-10-08 close | +55.4% | -30.9% | NET higher |
Fundamentals: SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-03 for the rest. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-10-08.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date; "Edge" cells are a pure numeric comparison, not a recommendation.