Adobe (ADBE) vs Cloudflare (NET)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
Cloudflare (NET) has outperformed Adobe (ADBE) over the past year, gaining 57.8% versus a loss of 33.2%. Over five years, NET leads with a +104.5% price change compared with -61.8% for ADBE. Cloudflare is the larger company by market cap ($122.12 billion vs $90.59 billion), about 1.3 times the size.
On valuation, Adobe trades at a lower forward P/E (8.4x vs 204.6x for Cloudflare). Adobe converts more of its revenue into profit, with a net margin of 30.0% versus -4.7%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | ADBE | NET |
|---|---|---|
| Share price | $232.77 | $342.97 |
| Market cap | $90.59B | $122.12B |
| 1-day change | -2.25% | -3.39% |
| YTD return | -33.49% | +73.96% |
| 1-year return | -33.17% | +57.77% |
| 5-year return | -61.85% | +104.53% |
| P/E ratio (TTM) | 13.00 | — |
| Forward P/E | 8.41 | 204.62 |
| EPS (TTM) | $17.91 | $-0.58 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $23.77B | $2.17B |
| Revenue growth (YoY) | +10.53% | +29.85% |
| Net income (latest FY) | $7.13B | $-102.27M |
| Gross margin | 89.27% | 74.51% |
| Operating margin | 36.63% | -9.56% |
| Net margin | 30.00% | -4.72% |
| 52-week high | $363.70 | $370.35 |
| 52-week low | $190.12 | $158.83 |
| Distance from 52-week high | -36.00% | -7.39% |
| Analyst consensus | hold | buy |
| Avg. price target upside | +18.17% | -0.95% |
| Average volume | 5.02M | 3.35M |
| Shares outstanding | 389.20M | 322.62M |
| Employees | 31,360 | 5,156 |
| Sector | Technology | Technology |
| Industry | Computer Software: Prepackaged Software | Computer Software: Prepackaged Software |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- NET has outperformed ADBE by 90.9 percentage points over the past year.
- Adobe is more profitable, keeping 30.0 cents of every revenue dollar as net income versus -4.7 cents for Cloudflare.
- Cloudflare grew revenue faster in its latest fiscal year (+29.85% vs +10.53%).
About Adobe
ADBE stock →Adobe Inc. operates as a technology company worldwide.
Technology · Computer Software: Prepackaged Software · 31,360 employees
About Cloudflare
NET stock →Cloudflare, Inc. operates as a cloud services provider that delivers a range of services to businesses worldwide.
Technology · Computer Software: Prepackaged Software · 5,156 employees
ADBE vs NET FAQ
Which is bigger, Adobe or Cloudflare?
Cloudflare (NET) is larger, with a market capitalization of $122.12B compared with $90.59B for Adobe (ADBE).
Which stock has performed better over the past year, ADBE or NET?
NET returned +57.77% over the past 12 months, compared with -33.17% for ADBE (price return, excluding dividends). Past performance does not predict future results.
Are Adobe and Cloudflare in the same industry?
Yes. Both are classified in the Computer Software: Prepackaged Software industry within the Technology sector.