Cloudflare, Inc. (NET) Operating Margin: -9.56%
Is Cloudflare, Inc.’s operating margin high or low?
Cloudflare, Inc.'s operating margin of -9.56% is 41% above its 5-year average of -16.33%, near the high end of its 5-year range (-24.77%–-9.27%).
The operating margin for Cloudflare, Inc. (NET) is -9.56% as of Wednesday, June 10, 2026. It is below its 12-month average by 1.54% (-9.41%).
NET Operating Margin Chart
NET Average Operating Margin Chart
NET Current vs Average Operating Margin Chart
NET Operating Margin Metrics
OPERATING MARGIN
-9.56%
OPERATING MARGIN AVG TTM
-9.41%
OPERATING MARGIN AVG 3Y
-13.44%
OPERATING MARGIN AVG 5Y
-16.33%
OPERATING MARGIN AVG 10Y
-20.69%
OPERATING MARGIN AVG 15Y
-20.69%
OPERATING MARGIN AVG 20Y
-20.69%
CURRENT VS TTM AVG
-1.54%
CURRENT VS 3Y AVG
+28.87%
CURRENT VS 5Y AVG
+41.46%
CURRENT VS 10Y AVG
+53.80%
CURRENT VS 15Y AVG
+53.80%
CURRENT VS 20Y AVG
+53.80%
NET Competitors' Operating Margin
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Cloudflare, Inc. (NET) | — | -9.56% | -9.41% | -13.44% | -16.33% |
| Snowflake Inc. (SNOW) | $83.07B | -30.64% | -35.39% | -37.64% | -50.18% |
| Datadog, Inc. (DDOG) | $80.92B | -1.29% | 0.36% | -1.08% | -1.41% |
| Intuit Inc. (INTU) | $80.36B | 26.14% | 24.21% | 22.62% | 24.13% |
| Synopsys, Inc. (SNPS) | $89.09B | 12.97% | 17.55% | 20.98% | 19.71% |
| Monolithic Power Systems, Inc. (MPWR) | $75.27B | 26.11% | 25.27% | 26.59% | 24.48% |
| NXP Semiconductors N.V. (NXPI) | $75.09B | 26.98% | 27.04% | 27.60% | 23.10% |
| Adobe Inc. (ADBE) | $96.15B | 36.63% | 33.99% | 34.22% | 34.73% |
| Fortinet, Inc. (FTNT) | $101.39B | 30.62% | 30.45% | 26.56% | 24.37% |
| Hewlett Packard Enterprise Company (HPE) | $63.89B | 4.79% | 6.45% | 6.93% | 6.89% |
Operating Efficiency
Gross Margin
74.5%
Operating Margin
-9.6%
Cloudflare, Inc. Operating Margin Formula & Definition
Operating Margin = Operating Income / Revenue
Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Cloudflare, Inc. Operating Margin FAQ
- What is the operating margin for Cloudflare, Inc. (NET)?
- The operating margin for NET stock is -9.56%.
- Is Cloudflare, Inc.'s operating margin high or low?
- Cloudflare, Inc.'s operating margin of -9.56% is 41% above its 5-year average of -16.33%, near the high end of its 5-year range (-24.77%–-9.27%).
- What is the TTM average operating margin for Cloudflare, Inc. (NET)?
- The TTM average operating margin for NET stock is -9.41%.
- What is the 3Y average operating margin for Cloudflare, Inc. (NET)?
- The 3Y average operating margin for NET stock is -13.44%.
- What is the 5Y average operating margin for Cloudflare, Inc. (NET)?
- The 5Y average operating margin for NET stock is -16.33%.
- What is the 10Y average operating margin for Cloudflare, Inc. (NET)?
- The 10Y average operating margin for NET stock is -20.69%.
- What is the 15Y average operating margin for Cloudflare, Inc. (NET)?
- The 15Y average operating margin for NET stock is -20.69%.
- What is the 20Y average operating margin for Cloudflare, Inc. (NET)?
- The 20Y average operating margin for NET stock is -20.69%.
Cloudflare, Inc. Operating Margin History
| DATE | OPERATING MARGIN |
|---|---|
| 2025-12-31 | -9.56% |
| 2024-12-31 | -9.27% |
| 2023-12-31 | -14.30% |
| 2022-12-31 | -20.63% |
| 2021-12-31 | -19.45% |
| 2020-12-31 | -24.77% |
| 2019-12-31 | -37.61% |
| 2018-12-31 | -44.06% |
| 2017-12-31 | -7.21% |
| 2016-12-31 | -20.08% |