Cloudflare (NET) Financials: History & Chart

Cloudflare, Inc.(NET)

Software - Infrastructure · San Francisco, CA

$278.92-5.59 (-1.96%)

Delayed quote: Sep 4, 2026, 4:02 PM EDT

About Cloudflare, Inc.

Cloudflare, Inc. functions as a global provider of cloud-based services. The company delivers a comprehensive, integrated cloud security platform designed to safeguard a diverse array of digital environments, encompassing public and private clouds, on-premises infrastructure, Software-as-a-Service (SaaS) applications, and Internet of Things (IoT) devices. Its security portfolio features tools such as cloud firewalls, bot mitigation, distributed denial-of-service (DDoS) protection, IoT security, SSL/TLS encryption, secure origin connections, and rate limiting capabilities. Beyond security, Cloudflare also boosts online performance through services like content delivery networks (CDNs), intelligent routing, and various content, mobile, and image optimization tools. For enhanced reliability and availability, it provides solutions such as load balancing, its proprietary Anycast network, a virtual backbone, DNS services, DNS resolvers, and virtual waiting rooms. Furthermore, the company offers internal infrastructure tools, including "on-ramps" that facilitate seamless connections for users, devices, or locations to its expansive network, alongside "filters" engineered for data protection, inspection, and access management. Developer-centric solutions encompass serverless computing, programmable networks, website creation, domain registration, a suite of Cloudflare applications, advanced analytics, and data localization management. For individual consumers, Cloudflare provides a DNS Resolver application to improve internet browsing and a Consumer VPN to secure and speed up mobile device traffic. Its clientele spans a broad spectrum of industries, including technology, healthcare, financial services, consumer and retail, non-profit organizations, and government agencies. Established in 2009, Cloudflare, Inc. is headquartered in San Francisco, California.

San Francisco, CA

5,156 employees

www.cloudflare.com

Technology / Software - Infrastructure

Sector: Technology
Industry: Software - Infrastructure
CEO: Matthew Prince

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Financials

SEC Filings

Quarterly Income Statement (USD)

Swipe horizontally to review earlier periods. The line-item column stays pinned.

Quarterly Report	TTM	Quarter ended Jun 2026	Quarter ended Mar 2026	Quarter ended Dec 2025	Quarter ended Sep 2025	Quarter ended Jun 2025	Quarter ended Mar 2025	Quarter ended Dec 2024	Quarter ended Sep 2024
Revenue	2.51B	696.06M	639.75M	614.51M	562.03M	512.32M	479.09M	459.95M	430.08M
Cost of Goods Sold	688.97M	196.54M	184.16M	161.96M	146.32M	128.68M	115.58M	108.69M	95.97M
Gross Profit	1.82B	499.52M	455.60M	452.55M	415.71M	383.64M	363.51M	351.26M	334.12M
Gross Profit Margin	72.6%	71.8%	71.2%	73.6%	74.0%	74.9%	75.9%	76.4%	77.7%
Total Operating Expenses	2.18B	705.21M	517.59M	501.79M	453.17M	450.90M	416.76M	385.98M	364.91M
Research & Development	573.30M	159.49M	150.97M	141.89M	120.96M	134.56M	115.09M	120.21M	110.91M
Selling, General & Administrative	1.45B	395.03M	366.62M	359.90M	332.21M	316.35M	301.67M	265.77M	254.00M
Operating Income (EBIT)	-354.38M	-205.70M	-61.99M	-49.23M	-37.46M	-67.26M	-53.25M	-34.72M	-30.79M
Operating Margin	-14.1%	-29.6%	-9.7%	-8.0%	-6.7%	-13.1%	-11.1%	-7.5%	-7.2%
Income Before Tax (EBT)	-198.00M	-167.94M	-21.40M	-10.51M	1.85M	-47.29M	-36.76M	-10.84M	-12.82M
Interest Income	164.51M	39.93M	40.17M	41.88M	42.53M	25.41M	21.40M	21.99M	22.47M
Interest Expense	11.45M	3.09M	2.56M	2.89M	2.91M	1.52M	1.44M	1.45M	1.43M
Other Income/Expense	156.38M	37.76M	40.59M	38.73M	39.31M	19.98M	16.49M	23.88M	17.97M
Net Income	-206.28M	-169.98M	-22.93M	-12.08M	-1.29M	-50.45M	-38.45M	-12.85M	-15.33M
Income Tax Expense	8.28M	2.04M	1.53M	1.57M	3.14M	3.16M	1.70M	2.00M	2.51M
Net Profit Margin	-8.2%	-24.4%	-3.6%	-2.0%	-0.2%	-9.8%	-8.0%	-2.8%	-3.6%
EBITDA	-129.16M	-140.34M	-4.18M	3.35M	12.01M	-21.78M	-11.04M	1.53M	915K
EBITDA Margin	-5.1%	-20.2%	-0.7%	0.5%	2.1%	-4.3%	-2.3%	0.3%	0.2%
Depreciation & Amortization	225.22M	65.36M	57.81M	52.59M	49.47M	45.48M	42.21M	36.25M	31.71M
EPS Basic	-0.58	-0.48	-0.07	-0.03	-0.00	-0.15	-0.11	-0.04	-0.04
EPS Diluted	-0.58	-0.48	-0.07	-0.03	-0.00	-0.15	-0.11	-0.04	-0.04
Shares Outstanding	354.33M	354.33M	352.63M	351.09M	342.36M	347.49M	345.72M	344.00M	342.36M
Diluted Shares Outstanding	354.33M	354.33M	352.63M	351.09M	342.36M	347.49M	345.72M	344.00M	342.36M

Annual Income Statement (USD)

Swipe horizontally to review earlier years. The line-item column stays pinned.

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Revenue	2.17B	1.67B	1.30B	975.24M	656.43M	431.06M	287.02M	192.67M
Cost of Goods Sold	552.52M	378.70M	307.00M	232.61M	147.13M	101.06M	63.42M	43.54M
Gross Profit	1.62B	1.29B	989.74M	742.63M	509.29M	330.00M	223.60M	149.14M
Gross Profit Margin	74.5%	77.3%	76.3%	76.1%	77.6%	76.6%	77.9%	77.4%
Total Operating Expenses	1.82B	1.45B	1.18B	943.83M	636.98M	436.77M	331.55M	234.04M
Research & Development	512.49M	421.37M	358.14M	298.30M	189.41M	127.14M	90.67M	54.46M
Selling, General & Administrative	1.31B	1.02B	817.08M	645.53M	447.57M	309.63M	240.88M	179.57M
Operating Income (EBIT)	-207.21M	-154.76M	-185.49M	-201.20M	-127.68M	-106.77M	-107.95M	-84.90M
Operating Margin	-9.6%	-9.3%	-14.3%	-20.6%	-19.5%	-24.8%	-37.6%	-44.1%
Income Before Tax (EBT)	-92.71M	-70.87M	-177.86M	-190.73M	-247.98M	-124.97M	-104.71M	-86.09M
Interest Income	131.22M	87.43M	68.17M	14.88M	1.97M	6.59M	5.79M	1.90M
Interest Expense	8.77M	5.20M	5.87M	4.98M	49.23M	24.96M	1.11M	992K
Other Income/Expense	114.50M	83.89M	7.62M	10.47M	-120.29M	-18.20M	3.23M	-1.19M
Net Income	-102.27M	-78.80M	-183.95M	-193.38M	-260.31M	-119.37M	-105.83M	-87.16M
Income Tax Expense	9.56M	7.93M	6.09M	2.65M	12.33M	-5.60M	1.11M	1.08M
Net Profit Margin	-4.7%	-4.7%	-14.2%	-19.8%	-39.7%	-27.7%	-36.9%	-45.2%
EBITDA	-17.46M	-27.04M	-49.66M	-98.87M	-61.08M	-57.38M	-78.47M	-65.99M
EBITDA Margin	-0.8%	-1.6%	-3.8%	-10.1%	-9.3%	-13.3%	-27.3%	-34.3%
Depreciation & Amortization	189.74M	127.72M	135.82M	102.33M	66.61M	49.39M	29.48M	18.91M
EPS Basic	-0.29	-0.23	-0.55	-0.59	-0.83	-0.40	-0.35	-0.37
EPS Diluted	-0.29	-0.23	-0.55	-0.59	-0.83	-0.40	-0.35	-0.37
Shares Outstanding	348.42M	341.41M	333.66M	326.33M	312.32M	299.77M	300.17M	237.32M
Diluted Shares Outstanding	348.42M	341.41M	333.66M	326.33M	312.32M	299.77M	300.17M	237.32M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.