Cloudflare, Inc. (NET)
NYSE: NET · Real-Time Price · USD
305.66
+11.91 (4.05%)
Nov 10, 2026, 3:32 PM EST - Market open
Cloudflare Financials Overview
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Revenue Revenue Growth | 2,733 | 2,168 | 1,670 | 1,297 | 975.24 | 656.43 |
Revenue Growth | 35.73% | 29.85% | 28.75% | 32.97% | 48.57% | 52.28% |
Gross Profit Gross Profit Growth | 1,965 | 1,615 | 1,291 | 989.74 | 742.63 | 509.29 |
Operating Income Operating Income Growth | -215.58 | -198.2 | -139.06 | -185.49 | -197.26 | -127.3 |
Net Income Net Income Growth | -239.05 | -102.27 | -78.8 | -183.95 | -193.38 | -260.31 |
Earnings Per Share EPS Growth | -0.67 | -0.29 | -0.23 | -0.55 | -0.59 | -0.83 |
EPS Growth | - | - | - | - | - | - |
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
United States United States Growth | 1,382 | 1,073 | 849.5 | 678.18 | 515.72 | 342.58 |
EMEA EMEA Growth | 732.99 | 598.62 | 466.5 | 356.57 | 258.29 | 172.13 |
Asia Pacific Asia Pacific Growth | 406.3 | 329.76 | 223.23 | 168.83 | 133.35 | 96.54 |
Other Geographic Other Geographic Growth | 211.75 | 166.56 | 130.39 | 93.17 | 67.88 | 45.18 |
Revenue (Total) Revenue (Total) Growth | 2,733 | 2,168 | 1,670 | 1,297 | 975.24 | 656.43 |
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Investments Cash & Investments Growth | 5,129 | 4,101 | 1,856 | 1,674 | 1,650 | 1,822 |
Total Debt Total Debt Growth | 4,707 | 3,518 | 1,463 | 1,435 | 1,577 | 1,293 |
Net Cash (Debt) Net Cash Growth | 421.24 | 582.92 | 392.71 | 238.54 | 72.85 | 528.64 |
Net Cash Growth | -22.25% | 48.44% | 64.63% | 227.46% | -86.22% | -12.45% |
Net Cash Per Share Net Cash Per Share Growth | 1.17 | 1.67 | 1.15 | 0.71 | 0.22 | 1.69 |
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Cash Flow Operating Cash Flow Growth | 681.67 | 603.11 | 380.43 | 254.41 | 123.6 | 64.65 |
Capital Expenditures CapEx Growth | -328.68 | -322.1 | -199.93 | -120.48 | -143.61 | -92.99 |
Free Cash Flow Free Cash Flow Growth | 353 | 281.01 | 180.5 | 133.93 | -20.01 | -28.34 |
Free Cash Flow Growth | 59.34% | 55.68% | 34.78% | - | - | - |
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Gross Margin | 71.90% | 74.51% | 77.32% | 76.33% | 76.15% | 77.59% |
Operating Margin | -7.89% | -9.14% | -8.33% | -14.30% | -20.23% | -19.39% |
Pretax Margin | -8.31% | -4.28% | -4.24% | -13.72% | -19.56% | -37.78% |
Profit Margin | -8.75% | -4.72% | -4.72% | -14.19% | -19.83% | -39.66% |
FCF Margin | 12.92% | 12.96% | 10.81% | 10.33% | -2.05% | -4.32% |
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Nov '26 Nov 10, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Forward PE | 174.26 | 176.23 | 137.82 | 161.73 | 286.04 | - |
P/FCF Ratio | 305.69 | 245.75 | 204.74 | 208.74 | - | - |
PS Ratio | 39.49 | 31.85 | 22.13 | 21.56 | 15.23 | 64.45 |