Cloudflare, Inc. (NET)
NYSE: NET · Real-Time Price · USD
268.75
+24.24 (9.91%)
At close: Nov 6, 2026, 4:00 PM EST
269.32
+0.57 (0.21%)
After-hours: Nov 6, 2026, 7:59 PM EST
Cloudflare Income Statement
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 |
| 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% |
Cost of Revenue | 767.94 | 552.53 | 378.7 | 307.01 | 232.61 | 147.13 |
Gross Profit | 1,965 | 1,615 | 1,291 | 989.74 | 742.63 | 509.29 |
Selling, General & Admin | 1,560 | 1,301 | 1,009 | 817.08 | 641.58 | 447.19 |
Research & Development | 620.55 | 512.49 | 421.37 | 358.14 | 298.3 | 189.41 |
Operating Expenses | 2,180 | 1,814 | 1,430 | 1,175 | 939.89 | 636.6 |
Operating Income | -215.58 | -198.2 | -139.06 | -185.49 | -197.26 | -127.3 |
Interest Expense | -12.08 | -8.77 | -5.2 | -5.87 | -4.98 | -49.23 |
Interest & Investment Income | 167.35 | 131.22 | 87.43 | 68.17 | 14.88 | 1.97 |
Other Non Operating Income (Expenses) | 2.44 | -7.95 | 1.66 | -4.37 | 0.58 | -0.79 |
EBT Excluding Unusual Items | -57.87 | -83.7 | -55.17 | -127.56 | -186.79 | -175.36 |
Merger & Restructuring Charges | -168.01 | -3.91 | -0.7 | - | -3.95 | -0.38 |
Asset Writedown | -1.26 | -5.1 | - | - | - | - |
Other Unusual Items | - | - | -15 | -50.3 | - | -72.23 |
Pretax Income | -227.14 | -92.71 | -70.87 | -177.86 | -190.73 | -247.98 |
Income Tax Expense | 11.91 | 9.56 | 7.93 | 6.09 | 2.65 | 12.33 |
Net Income | -239.05 | -102.27 | -78.8 | -183.95 | -193.38 | -260.31 |
Net Income to Common | -239.05 | -102.27 | -78.8 | -183.95 | -193.38 | -260.31 |
Net Income Growth | - | - | - | - | - | - |
Shares Outstanding (Basic) | 359 | 348 | 341 | 334 | 326 | 312 |
Shares Outstanding (Diluted) | 359 | 348 | 341 | 334 | 326 | 312 |
Shares Change | -40.88% | 2.05% | 2.32% | 2.24% | 4.49% | 4.18% |
EPS (Basic) | -0.67 | -0.29 | -0.23 | -0.55 | -0.59 | -0.83 |
EPS (Diluted) | -0.67 | -0.29 | -0.23 | -0.55 | -0.59 | -0.83 |
EPS Growth | - | - | - | - | - | - |
Additional Metrics
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 |
Free Cash Flow | 353 | 281.01 | 180.5 | 133.93 | -20.01 | -28.34 |
Free Cash Flow Per Share | 0.98 | 0.81 | 0.53 | 0.40 | -0.06 | -0.09 |
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% |
Profit Margin | -8.75% | -4.72% | -4.72% | -14.19% | -19.83% | -39.66% |
Free Cash Flow Margin | 12.92% | 12.96% | 10.81% | 10.33% | -2.05% | -4.32% |
EBITDA | -6.45 | -39.56 | -36.04 | -71.17 | -115.12 | -81.54 |
EBITDA Margin | -0.24% | -1.82% | -2.16% | -5.49% | -11.80% | -12.42% |
D&A For EBITDA | 209.13 | 158.64 | 103.02 | 114.32 | 82.14 | 45.76 |
EBIT | -215.58 | -198.2 | -139.06 | -185.49 | -197.26 | -127.3 |
EBIT Margin | -7.89% | -9.14% | -8.33% | -14.30% | -20.23% | -19.39% |
Advertising Expenses | - | 95.2 | 78.6 | 57.6 | 43.5 | 36.2 |