cust.co / Compare / Okta vs Cloudflare

Okta vs Cloudflare - NRR head-to-head

Side-by-side Net Revenue Retention comparison sourced from SEC filings and earnings releases. Both compete in Security. Both at Public stage.

Cloudflare leads by +14.0pp on latest NRR (120.0% vs 106.0%).

NRR over time

103%110%117%123%130% FY2020-Q2FY2022-Q2FY2023-Q3FY-2024FY-2025FY2026-Q3FY2019-Q1FY2020-Q3FY2024-Q4 NRR Okta Cloudflare Okta — FY2020-Q2: 120% Okta — FY2021-Q1: 119% Okta — FY2021-Q2: 124% Okta — FY2022-Q1: 121% Okta — FY2022-Q2: 122% Okta — FY-2022: 124% Okta — FY2023-Q1: 117% Okta — FY2023-Q2: 115% Okta — FY2023-Q3: 115% Okta — FY2024-Q1: 111% Okta — FY2024-Q2: 110% Okta — FY2024-Q3: 108% Okta — FY-2024: 111% Okta — FY2025-Q3: 106% Okta — FY2025-Q1: 106% Okta — FY2025-Q4: 106% Okta — FY-2025: 107% Okta — FY2026-Q1: 106% Okta — FY2025-Q2: 106% Okta — FY2026-Q2: 106% Okta — FY2026-Q3: 106% Okta — FY-2026: 106% Okta — FY2026-Q4: 106% Cloudflare — FY2020-Q2: 115% Cloudflare — FY2021-Q1: 123% Cloudflare — FY2021-Q2: 124% Cloudflare — FY2022-Q1: 127% Cloudflare — FY2024-Q1: 115% Cloudflare — FY2024-Q2: 112% Cloudflare — FY2024-Q3: 110% Cloudflare — FY2025-Q3: 119% Cloudflare — FY2025-Q1: 111% Cloudflare — FY2025-Q4: 120% Cloudflare — FY2025-Q2: 114% Cloudflare — FY2025-Q2025: 114% Cloudflare — FY2019-Q1: 118% Cloudflare — FY2019-Q2: 122% Cloudflare — FY2019-Q3: 121% Cloudflare — FY2020-Q1: 117% Cloudflare — FY2020-Q3: 116% Cloudflare — FY2021-Q3: 124% Cloudflare — FY2024-Q4: 111%

Cloudflare hit a higher all-time peak (127.0% in FY2022-Q1). Over 3 years, Okta is down -14.0pp; Cloudflare is up +6.0pp.

Stat-by-stat

Metric Okta Cloudflare
Latest NRR 106.0% 120.0%
All-time peak NRR 124.0% 127.0%
All-time low NRR 106.0% 110.0%
QoQ change +0.0pp +1.0pp
YoY change +0.0pp +9.0pp
3-year change -14.0pp +6.0pp
Disclosures tracked 23 19

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