Cloudflare vs Verisign
Cloudflare reported revenue of $2.2 billion in fiscal 2025, 1.3 times Verisign's $1.7 billion in fiscal 2025. Cloudflare's revenue grew 29.9% in its latest year, and Verisign's grew 6.4%. Cloudflare had an operating margin of -9.6%, against 67.7% at Verisign. Free cash flow was $288 million at Cloudflare and $1.1 billion at Verisign.
Side by side
| Cloudflare | Verisign | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $2.2B | $1.7B |
| Revenue growth | 29.9% | 6.4% |
| Revenue growth a year, last 5 years | 38.1% | 5.5% |
| Gross margin | 74.5% | 88.2% |
| Operating margin | −9.6% | 67.7% |
| Net margin | −4.7% | 49.8% |
| Free cash flow | $288M | $1.1B |
| Free cash flow margin | 13.3% | 64.5% |
| Return on capital | −29.7% | — |
| Net debt to EBITDA | — | 1.1x |
| Dividends and buybacks | $0M | $1.1B |
| Change in diluted share count | 2.0% | −4.5% |
| Last close | $331.86 | $308.72 |
| P/E at the last close | — | 33.2× |
| Insider trades, last 12 months | sold $664.8 million | bought $19,492, sold $36.0 million |
| Piotroski F-score | 3 of 9 | 8 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
CloudflareVerisign
Operating margin
Percent of revenue
CloudflareVerisign
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
CloudflareVerisign
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Cloudflare and Verisign pages.