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CRWD vs FTNT

CrowdStrike Holdings, Inc. Class A Common Stock (CRWD) and Fortinet, Inc. (FTNT) compared on valuation, profitability, price performance and market sentiment. CRWD sentiment is neutral; FTNT is positive. Last analyzed Jul 30, 2026 and Jul 30, 2026.

Performance

Each rebased to 0% at the start of its recent history — the gap is relative out/under-performance.

+50%0%CRWD +54.99%FTNT +48.04%
CRWDFTNTCRWD has outperformed over this window
CRWD

CrowdStrike Holdings, Inc. Class A Common Stock

neutral+12
FTNT

Fortinet, Inc.

positive+23
Last close
$179.38$153.22
Market cap
$183.66B$113.11B
P/E (TTM)
54.6
Forward P/E
115.4Stronger: 41.6
Price / book
Stronger: 39.6114.5
Net margin
-0.60%Stronger: 27.49%
Revenue growth
Stronger: +25.60%+20.10%
Beta
1.241.09
52-week high
$217.50$170.35
52-week low
$85.68$70.12

marks the stronger side on ratios, margins, growth and yield. Levels like price and market cap aren’t scored.

Where they differ

CrowdStrike Holdings, Inc. Class A Common Stock

Technology · Software - Infrastructure

CrowdStrike Holdings, Inc. is a cybersecurity company headquartered in Austin, Texas. Founded in 2011, it sells its products through a cloud-delivered, subscription-based model built around its Falcon platform, which customers extend by adding individual modules. The platform covers endpoint and cloud workload protection, identity protection, data protection, threat intelligence, and SaaS security posture management, along with vulnerability and exposure management, IT operations tooling, log management and security information and event management, and security orchestration, automation, and response. More recent modules address workflow automation and the security of generative AI systems. CrowdStrike also offers managed detection and response services for organizations that prefer its analysts to run monitoring on their behalf, and it works with systems integrators and other partners to reach enterprise customers.

Full CRWD overview →

Fortinet, Inc.

Technology · Software - Infrastructure

Fortinet, Inc. develops cybersecurity products that converge networking and security, serving customers worldwide. Its platform centers on FortiOS, a unified operating system, and FortiGate firewalls for data centers, distributed offices, and hyperscale environments, supported by custom FortiASIC security processing units. The portfolio extends across secure networking — wireless LAN, secure connectivity, and SD-WAN — and unified SASE offerings that combine firewall, secure web gateway, cloud access security broker, data loss prevention, and zero trust network access. Cloud and application security products include web application firewalls, virtualized and cloud-native firewalls, application protection, and code security. The company also sells security operations tools spanning endpoint, extended, and network detection and response, sandboxing, deception, data loss prevention, and digital risk protection, along with endpoint and operational technology security. Threat intelligence and security services come from FortiGuard Labs, its research organization, and FortiCare provides technical support. Fortinet was incorporated in 2000 and is headquartered in Sunnyvale, California.

Full FTNT overview →

CRWD vs FTNT: frequently asked questions

Which has the higher market cap, CRWD or FTNT?

CRWD has the higher market capitalization. CRWD is about $183.66B, compared with about $113.11B for FTNT.

Which has stronger market sentiment, CRWD or FTNT?

FTNT has the stronger composite sentiment score. CRWD scores 12 and FTNT scores 23 on a −100 to +100 scale.

Full comparison

Go deeper on CRWD and FTNT

Line up margins, growth, valuation and shared ETF exposure side by side — then read the full thesis, signals and risk levels behind each name.