📣 VC round data is live. Check it out!

Public Comps and Valuation Multiples for Cybersecurity

Benchmark revenue and EBITDA valuation multiples for public comps like
IBM, Palo Alto Networks, CrowdStrike, Fortinet and Cloudflare.

Start Free Trial

Cybersecurity

Viewing 50 of 142 companies with full data

Sign up to unlock M&A multiples, analyst estimates and all valuation multiples for Cybersecurity
CompanyMarket CapEnterprise ValueLTM RevenueEV/LTM RevenueEV/LTM EBITDA
IBM logoIBM
$206B$264B$69B3.8x13.9x
Palo Alto Networks logoPalo Alto Networks
$197B$193B$11B17.7x56.8x
CrowdStrike logoCrowdStrike
$151B$147B$5B28.6x103.5x
Fortinet logoFortinet
$90B$87B$7B12.1x32.8x
Cloudflare logoCloudflare
$70B$69B$2B28.7x124.9x
Zscaler logoZscaler
$26B$24B$3B7.6x28.8x
CyberArk Software logoCyberArk Software
$21B$20B———
F5 logoF5
$20B$19B$3B6.0x16.1x
Okta logoOkta
$15B$12B$3B4.1x15.3x
Gen Digital logoGen Digital
$14B$22B$5B4.4x8.5x
Rubrik logoRubrik
$13B$13B$1B9.0x460.0x
Check Point Software logoCheck Point Software
$13B$12B$3B4.4x10.6x
Qihoo 360 logoQihoo 360
$11B$8B$1B6.5x(139.4x)
CACI International logoCACI International
$11B$16B$9B1.7x14.5x
SailPoint logoSailPoint
$8B$7B$1B6.5x34.4x
Glory View Technology logoGlory View Technology
$7B$8B$376M21.3x—
Clear Secure logoClear Secure
$6B$5B$972M5.4x17.6x
SentinelOne logoSentinelOne
$6B$5B$1B4.9x46.7x
Trend Micro logoTrend Micro
$5B$3B$2B1.7x5.7x
Netskope logoNetskope
$4B$4B$757M5.4x(60.9x)
CommVault Systems logoCommVault Systems
$4B$4B$1B3.6x17.0x
BlackBerry logoBlackBerry
$4B$3B$560M6.2x31.6x
Cellebrite logoCellebrite
$3B$3B$510M5.5x20.7x
Varonis Systems logoVaronis Systems
$3B$3B$665M4.4x237.1x
Qualys logoQualys
$3B$3B$690M4.0x8.7x
QiAnXin logoQiAnXin
$3B$3B$663M4.8x(31.2x)
Venustech Group logoVenustech Group
$3B$3B$359M7.6x(125.5x)
NetScout Systems logoNetScout Systems
$3B$2B$865M2.5x9.2x
Tenable logoTenable
$2B$2B$1B2.4x9.7x
AvePoint logoAvePoint
$2B$2B$454M3.7x18.8x
CloudWalk logoCloudWalk
$2B$2B———
A10 Networks logoA10 Networks
$2B$2B$303M6.2x21.8x
CETC Cyberspace Security logoCETC Cyberspace Security
$2B$2B———
Jamf logoJamf
$2B$2B———
DPtech logoDPtech
$2B$1B$186M6.5x—
Eastcompeace Tech logoEastcompeace Tech
$2B$1B———
Secunet logoSecunet
$1B$1B$548M2.5x15.3x
Radware logoRadware
$1B$940M$312M3.0x19.9x
Progress Software logoProgress Software
$1B$2B$985M2.5x6.2x
BeiJing Certificate logoBeiJing Certificate
$1B$954M———
Asiainfo Security logoAsiainfo Security
$936M$839M$1B0.7x(454.8x)
NSFOCUS logoNSFOCUS
$861M$890M$389M2.3x18.3x
CANCOM logoCANCOM
$852M$680M$2B0.3x5.3x
Tinexta logoTinexta
$819M$1B$537M2.0x8.7x
Feitian Technologies logoFeitian Technologies
$749M$711M———
Sansec logoSansec
$709M$598M$87M6.9x192.7x
Beijing VRV Software logoBeijing VRV Software
$694M$701M———
Riskified logoRiskified
$683M$411M$358M1.1x14.3x
GB Group logoGB Group
$678M$770M$383M2.0x8.2x
Red Violet logoRed Violet
$662M$621M$96M6.5x18.5x
DBAPPSecurity logoDBAPPSecurity
$661M$320M
Mitek Systems logoMitek Systems
$644M$189M
Beijing Huaru Technology logoBeijing Huaru Technology
$588M—
Hunan Kylinsec Tech logoHunan Kylinsec Tech
$570M—
Yubico logoYubico
$521M$241M
Guangdong Tecsun Science logoGuangdong Tecsun Science
$516M—
Mia Teknoloji logoMia Teknoloji
$513M—
NCC Group logoNCC Group
$512M$388M
Itsec Asia logoItsec Asia
$498M$39M
WebRAY Tech Group logoWebRAY Tech Group
$463M—
BTQ Technologies logoBTQ Technologies
$459M$2M
OneSpan logoOneSpan
$455M$244M
Hillstone Networks logoHillstone Networks
$439M—
Rapid7 logoRapid7
$434M$852M
eMudhra logoeMudhra
$402M$77M
AHNLAB logoAHNLAB
$395M—
Baudroie logoBaudroie
$394M$118M
F-Secure logoF-Secure
$363M$175M
Digital Arts logoDigital Arts
$359M$72M
WithSecure logoWithSecure
$350M—
FFRI Security logoFFRI Security
$343M$27M
Telos logoTelos
$313M$176M
Axgate logoAxgate
$312M—
Global Security Experts logoGlobal Security Experts
$266M$73M
Qoria logoQoria
$260M$98M
Digimarc logoDigimarc
$218M$32M
Cy4gate logoCy4gate
$217M$119M
Arqit Quantum logoArqit Quantum
$209M$530K
Hennge logoHennge
$207M$71M
WALLIX logoWALLIX
$182M$51M
Clavister Holding logoClavister Holding
$165M$28M
SSH Communications Security logoSSH Communications Security
$165M$26M
Enea logoEnea
$164M$100M
Acer Cyber Security logoAcer Cyber Security
$159M$81M
Micro Systemation logoMicro Systemation
$142M—
Ivalue Infosolutions logoIvalue Infosolutions
$140M$111M
Gogolook logoGogolook
$124M—
Quick Heal Technologies logoQuick Heal Technologies
$118M—
Aton Inc logoAton Inc
$114M—
Rank One Computing logoRank One Computing
$113M$20M
Advenica logoAdvenica
$108M$23M
Cyber Security Cloud logoCyber Security Cloud
$106M$35M
CyCraft Technology logoCyCraft Technology
$106M—
Elements logoElements
$105M—
Hancom WITH logoHancom WITH
$103M—
WISeKey logoWISeKey
$103M$24M
TAC Infosec logoTAC Infosec
$100M—
Spectra Systems logoSpectra Systems
$99M—
CSP Inc. logoCSP Inc.
$94M—
Wins Technet logoWins Technet
$87M—
ESTsoft logoESTsoft
$85M—
Intellicheck logoIntellicheck
$84M$23M
Loihde logoLoihde
$83M$171M
Intercede Group logoIntercede Group
$83M$24M
Corero Network Security logoCorero Network Security
$80M$27M
Innovana Thinklabs logoInnovana Thinklabs
$80M—
Ealixir logoEalixir
$79M—
Autocrypt logoAutocrypt
$75M—
Audius logoAudius
$66M$134M
Facephi Biometria logoFacephi Biometria
$66M$46M
LGMS logoLGMS
$63M$12M
Alarum Group logoAlarum Group
$54M—
Cyberoo logoCyberoo
$54M—
Cyan logoCyan
$52M$12M
Freja eID Group logoFreja eID Group
$51M$6M
Elliptic Laboratories logoElliptic Laboratories
$49M$12M
Sentinel Holdings logoSentinel Holdings
$48M—
OTRS logoOTRS
$42M—
SecuLetter Co logoSecuLetter Co
$35M—
Aware logoAware
$27M—
World Health Energy Holdings logoWorld Health Energy Holdings
$27M—
SafeSpace Global logoSafeSpace Global
$27M—
Prelude logoPrelude
$26M—
CyberCatch Holdings logoCyberCatch Holdings
$24M—
archTIS logoarchTIS
$21M$4M
Verify Smart logoVerify Smart
$21M—
AuthID logoAuthID
$19M—
Verimatrix logoVerimatrix
$18M$36M
Netum Group logoNetum Group
$17M—
Asgent logoAsgent
$13M$22M
Shearwater Group logoShearwater Group
$12M—
NARF Industries logoNARF Industries
$12M—
Our Bond logoOur Bond
$11M—
Checkin.com logoCheckin.com
$9M—
FirstWave logoFirstWave
$9M—
Catenai logoCatenai
$6M—
SMX (Security Matters) logoSMX (Security Matters)
$5M—
Prophecy International logoProphecy International
$4M—
Anonymous Intelligence logoAnonymous Intelligence
$4M—
Rebrisa logoRebrisa
$2M—
Tofla Megaline logoTofla Megaline
$1M—
Hub Cyber Security logoHub Cyber Security
$175K—

Financial data powered by FactSet and Morningstar. Valuation multiples as of last 12 months. For more data, start your free trial here.

Start Your
Free Trial Today

Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.

Start Trial