NET vs. SEDG

Last updated Apr 1, 2026

Compare and contrast key facts about Cloudflare, Inc. (NET) and SolarEdge Technologies, Inc. (SEDG).

Performance

NET vs. SEDG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cloudflare, Inc. (NET) and SolarEdge Technologies, Inc. (SEDG). The values are adjusted to include any dividend payments, if applicable.

NET vs. SEDG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
NET Cloudflare, Inc.	4.66%	83.09%	29.33%	84.16%	-65.62%	73.05%	345.43%	-5.22%
SEDG SolarEdge Technologies, Inc.	76.95%	112.13%	-85.47%	-66.96%	0.96%	-12.08%	235.60%	24.92%

Fundamentals

EPS NET : -$0.29 SEDG : -$10.46
PS Ratio NET : 33.02 SEDG : 1.67
Total Revenue (TTM) NET : $2.17B SEDG : $1.18B
Gross Profit (TTM) NET : $1.62B SEDG : $196.28M
EBITDA (TTM) NET : $41.60M SEDG : -$244.25M

Returns By Period

In the year-to-date period, NET achieves a 4.66% return, which is significantly lower than SEDG's 76.95% return.

NET

• 1D: 6.02%
• 1M: 19.83%
• YTD: 4.66%
• 6M: -3.84%
• 1Y: 83.10%
• 3Y*: 49.58%
• 5Y*: 23.51%
• 10Y*: —

SEDG

• 1D: 7.77%
• 1M: 44.21%
• YTD: 76.95%
• 6M: 37.97%
• 1Y: 215.51%
• 3Y*: -44.83%
• 5Y*: -29.02%
• 10Y*: 7.55%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

NET vs. SEDG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NET

NET Risk / Return Rank: 81
NET Sharpe Ratio Rank: 86
NET Sortino Ratio Rank: 82
NET Omega Ratio Rank: 80
NET Calmar Ratio Rank: 80
NET Martin Ratio Rank: 78

SEDG

SEDG Risk / Return Rank: 90
SEDG Sharpe Ratio Rank: 91
SEDG Sortino Ratio Rank: 87
SEDG Omega Ratio Rank: 85
SEDG Calmar Ratio Rank: 96
SEDG Martin Ratio Rank: 91

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NET vs. SEDG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cloudflare, Inc. (NET) and SolarEdge Technologies, Inc. (SEDG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	NET	SEDG	Difference
Sharpe ratio Return per unit of total volatility	1.59	1.99	-0.40
Sortino ratio Return per unit of downside risk	2.16	2.49	-0.33
Omega ratio Gain probability vs. loss probability	1.28	1.33	-0.05
Calmar ratio Return relative to maximum drawdown	2.16	5.96	-3.80
Martin ratio Return relative to average drawdown	5.20	11.60	-6.40
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NET vs. SEDG - Sharpe Ratio Comparison

The current NET Sharpe Ratio is 1.59, which is comparable to the SEDG Sharpe Ratio of 1.99. The chart below compares the historical Sharpe Ratios of NET and SEDG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	NET	SEDG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.59	1.99	-0.40
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.35	-0.36	+0.71
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.10	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.68	0.12	+0.56

Correlation

The correlation between NET and SEDG is 0.34, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

NET vs. SEDG - Dividend Comparison

Neither NET nor SEDG has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

NET vs. SEDG - Drawdown Comparison

The maximum NET drawdown since its inception was -82.58%, smaller than the maximum SEDG drawdown of -97.16%. Use the drawdown chart below to compare losses from any high point for NET and SEDG.

Drawdown Indicators

	NET	SEDG	Difference
Max Drawdown Largest peak-to-trough decline	-82.58%	-97.16%	+14.58%
Max Drawdown (1Y) Largest decline over 1 year	-36.76%	-37.26%	+0.50%
Max Drawdown (5Y) Largest decline over 5 years	-82.58%	-97.16%	+14.58%
Max Drawdown (10Y) Largest decline over 10 years	—	-97.16%	—
Current Drawdown Current decline from peak	-18.54%	-86.14%	+67.60%
Average Drawdown Average peak-to-trough decline	-38.20%	-42.41%	+4.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.30%	19.14%	-3.84%

Volatility

NET vs. SEDG - Volatility Comparison

The current volatility for Cloudflare, Inc. (NET) is 14.82%, while SolarEdge Technologies, Inc. (SEDG) has a volatility of 30.28%. This indicates that NET experiences smaller price fluctuations and is considered to be less risky than SEDG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NET	SEDG	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.82%	30.28%	-15.46%
Volatility (6M) Calculated over the trailing 6-month period	39.57%	65.93%	-26.36%
Volatility (1Y) Calculated over the trailing 1-year period	52.62%	108.85%	-56.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	67.28%	81.73%	-14.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	66.98%	72.47%	-5.49%

Financials

NET vs. SEDG - Profitability Comparison

The chart below illustrates the profitability comparison between Cloudflare, Inc. and SolarEdge Technologies, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

NET - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Cloudflare, Inc. reported a gross profit of 452.55M and revenue of 614.51M. Therefore, the gross margin over that period was 73.6%.

SEDG - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, SolarEdge Technologies, Inc. reported a gross profit of 89.04M and revenue of 335.36M. Therefore, the gross margin over that period was 26.6%.

NET - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Cloudflare, Inc. reported an operating income of -49.23M and revenue of 614.51M, resulting in an operating margin of -8.0%.

SEDG - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, SolarEdge Technologies, Inc. reported an operating income of -48.31M and revenue of 335.36M, resulting in an operating margin of -14.4%.

NET - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Cloudflare, Inc. reported a net income of -12.08M and revenue of 614.51M, resulting in a net margin of -2.0%.

SEDG - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, SolarEdge Technologies, Inc. reported a net income of -132.12M and revenue of 335.36M, resulting in a net margin of -39.4%.