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Cloudflare, Inc. (NET)
NYSE: NET · Real-Time Price · USD
300.27
+15.84 (5.57%)
At close: Aug 7, 2026, 4:00 PM EDT
302.01
+1.74 (0.58%)
After-hours: Aug 7, 2026, 7:59 PM EDT

Cloudflare Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Revenue
696.06639.76614.51562.03512.32479.09459.95430.08401378.6362.47335.6308.49290.18274.7253.86234.52212.17193.6172.35
Revenue Growth
35.87%33.54%33.60%30.68%27.76%26.54%26.89%28.15%29.98%30.47%31.95%32.20%31.54%36.77%41.89%47.29%53.85%53.68%53.74%50.97%
Gross Profit
499.52455.6452.55415.71383.64363.51351.26334.12311.99293.56279.19257.53233.27219.74206.91191.89178.71165.12151.1134.82
Operating Income
-205.7-61.99-49.23-37.46-67.26-53.25-34.72-30.79-34.7-54.55-42.83-39.21-56.17-47.27-50.69-45.95-64.54-40.02-41.06-26.49
Net Income
-169.98-22.93-12.08-1.29-50.45-38.45-12.85-15.33-15.08-35.54-27.87-23.54-94.47-38.08-45.92-42.55-63.54-41.38-77.5-107.34
Earnings Per Share
-0.48-0.07-0.03--0.15-0.11-0.04-0.04-0.04-0.10-0.08-0.07-0.28-0.12-0.14-0.13-0.20-0.13-0.24-0.34
EPS Growth
--------------------

Revenue by Segment
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
United States
354.45315.83303.61282.6251.89234.89231.07214.96207.01196.46188.06175.52161.69152.92144.83135.28124.26111.35100.6890.73
EMEA
187.04175.68168.04153.3143.44133.85128.35121.8110.97105.38101.1992.7184.3578.3373.268.1561.1555.7951.6445.26
Asia Pacific
99.4498.6596.5584.6775.1473.464.3559.152.1347.6546.2542.9640.439.2236.8733.832.7629.9326.324.52
Other Geographic
55.1349.646.3141.4641.8436.9536.1734.2230.8929.126.9824.4222.0619.7119.7916.6316.3615.114.9811.83
Revenue (Total)
696.06639.76614.51562.03512.32479.09459.95430.08401378.6362.47335.6308.49290.18274.7253.86234.52212.17193.6172.35

Cash & Debt
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Cash & Investments
4,1634,1644,1014,0443,9601,9151,8561,8241,7571,7161,6741,5741,5851,7161,6501,6361,6421,7251,8221,814
Total Debt
3,5293,5253,5183,5023,4621,4761,4631,4511,4391,4371,4351,4191,4591,5811,5771,5681,5681,5751,2931,248
Net Cash (Debt)
633.45639.34582.92541.76497.61438.98392.71373.11318.81279.56238.54155.18125.55134.6472.8568.6974.34150.61528.64566.01
Net Cash Growth
27.30%45.64%48.44%45.20%56.08%57.03%64.63%140.43%153.93%107.64%227.46%125.92%68.90%-10.61%-86.22%-87.86%-87.30%-74.87%-12.45%-10.14%
Net Cash Per Share
1.791.811.661.551.431.271.141.090.940.830.710.460.380.410.210.210.230.471.651.80

Cash Flow & CapEx
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Operating Cash Flow
117.56158.33190.41167.1299.8145.78127.31106.7372.8273.5887.4466.164.4536.4178.1242.6938.25-35.4740.62-6.92
Capital Expenditures
-49.96-65.23-85.19-84.64-59.9-85.89-73.15-50.2-29.63-32.06-30.82-27.29-38.75-17.54-40.15-41.9-37.08-24.48-28.33-28.81
Free Cash Flow
67.693.1105.2282.4839.959.954.1656.5243.1941.5256.6338.8125.718.8737.980.791.17-59.9512.28-35.73
Free Cash Flow Growth
69.44%55.44%94.30%45.92%-7.62%44.25%-4.36%45.65%68.03%120.01%49.10%4800.13%2102.49%-209.19%-----

Margins
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Gross Margin
71.76%71.21%73.64%73.97%74.88%75.88%76.37%77.69%77.80%77.54%77.02%76.74%75.62%75.73%75.32%75.59%76.20%77.82%78.05%78.23%
Operating Margin
-29.55%-9.69%-8.01%-6.67%-13.13%-11.11%-7.55%-7.16%-8.65%-14.41%-11.82%-11.68%-18.21%-16.29%-18.45%-18.10%-27.52%-18.86%-21.21%-15.37%
Pretax Margin
-24.13%-3.35%-1.71%0.33%-9.23%-7.67%-2.36%-2.98%-3.47%-8.79%-7.12%-6.64%-30.15%-12.67%-16.33%-16.22%-27.17%-19.33%-29.41%-64.07%
Profit Margin
-24.42%-3.58%-1.97%-0.23%-9.85%-8.03%-2.79%-3.56%-3.76%-9.39%-7.69%-7.01%-30.62%-13.12%-16.72%-16.76%-27.09%-19.50%-40.03%-62.28%
FCF Margin
9.71%14.55%17.12%14.68%7.79%12.50%11.77%13.14%10.77%10.97%15.62%11.56%8.33%6.50%13.83%0.31%0.50%-28.26%6.34%-20.73%

Valuation
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Forward PE
189.46183.98176.23214.50229.82141.18137.82108.17131.64166.15161.73157.64187.90293.07286.04-----
P/FCF Ratio
250.58227.36241.31317.85324.18182.68190.05140.25157.04202.24200.72174.36261.68347.85------
PS Ratio
34.7531.3132.0037.3336.2722.0622.2417.6519.1423.7521.6717.5019.3519.4215.3020.3117.6353.3464.8361.54