Cloudflare’s Revenue Breakdown by Region (2018-2023)

This statistic highlights Cloudflare’s Revenue Breakdown by Region from Q1 2018 onwards, split between the Asia Pacific, Europe, Middle East, and Africa, United States, and other regions.

Cloudflare’s Revenue Breakdown by Region

Cloudflare, Inc. has generated total revenue of $138.05 million in Q1 2021 from different regions which include:

• Asia Pacific
• Europe, Middle East and, Africa 
• United States
• Other regions   

This article gives a breakdown of revenue from different regions generated in Q1 2021.

(All figures in millions, except percentages)

 Asia Pacific

Cloudflare, Inc. serves in Asia Pacific countries like India, Japan, Singapore, and Australia. Websites using Cloudflare in the Asia Pacific region are Zerodha, Hindustan Times, Byjus, Freebitco, Makemytrip, Razorpay, Bankbazaar, Asahi, Coconala, Lancer, The Washington Post, Storify, etc. In the Asia Pacific region, Cloudflare has set up data centers in Bengaluru, Chennai, Lahore, Macau, Mumbai, Hong Kong, Singapore, Islamabad, Tokyo, Osaka, etc. Cloudflare has generated 17% of total revenue from the Asia Pacific region amounting to $22.88 million in Q1 2021. It has witnessed 34% of year-over-year growth from Q1 2020.

Europe, Middle East and, Africa (EMEA)

Cloudflare, Inc. serves in EMEA countries like Germany, France, the United Kingdom, Turkey, Netherland, Denmark, Saudi Arabia, Qatar, Israel, South Africa, etc. Some of the major companies using Cloudflare are British Broadcasting Corporation, The Independent, The Mail and Guardian, Kaira, Betway Limited, Sphero, Sinch, Qatar Chamber, etc. In the EMEA region, Cloudflare has set up data centers in Amsterdam, Berlin, Cork, Geneva, Istanbul, London, Zürich, Rome, Dubai, Amman, Baghdad, Beirut, Doha, Cape Town, Dakar, Port Louis, etc. Cloudflare has a bandwidth partnership with Cherry servers, D&D Networks, Heficed, and scale way. Cloudflare has generated 26% of total revenue from the EMEA region amounting to $35.53 million in Q1 2021. It has seen 54% of year-over-year growth from Q1 2020.

United States

Cloudflare, Inc. serves in the United States, Latin America, the Caribbean, and Canada. Some of the significant organizations using Cloudflare are Behance, cPanel Inc, Digg Inc., Discord Inc, Crunchyroll, Venturebeat, etc. In the United States region, Cloudflare has set up data centers in Bogota, Chicago, Boston, Columbus, Ottawa, Toronto, etc. It has a bandwidth partnership with Automattic Inc., Backblaze, Inc., and DreamHost. It has generated maximum revenue from the U.S. region that is almost 52% amounting to $71.22 million in Q1 2021. This region has also seen the maximum year-over-year growth of 61% from Q1 2020.

Other regions

Revenue earned by Cloudflare, Inc. from the regions which are not mentioned above is included in this category. Cloudflare has generated $8.42 million from other regions, just 6% of its total revenue in Q1 2021, and has grown by 33% on a year-over-year basis from Q1 2020.

Company overview

Cloudflare, Inc. is an American-based company established in July 2009 by Lee Holloway, Matthew Prince, and Michelle Zatlyn. It has a huge network covering 206 cities and more than 100 countries across the globe. Its headquarters are in San Francisco, California. In 2019 Cloudflare completed its initial public offering and its common stocks are listed on New York Stock Exchange under the trading symbol “NET”. 

Cloudflare, Inc. is a website security company that renders a wide range of products and services like DDoS Protection, Content delivery network, TLSSSL/TLS for SaaS Providers, Cloudflare Spectrum, Network Interconnect, Load Balancing, image optimizer, and built-in visitor analytics. Due to increasing complexities, Cloudflare provides services that improve the reliability, security, and performance of websites.

Cloudflare caters to all types and sizes of customers be it a small business or large organizations, startups, governments, and also eCommerce. Approximately 17% of the Fortune 1000 were paying customers of Cloudflare as of March 2021. Amazon CloudFront, Microsoft Azure CDN, KeyCDN, Succri, and StackPath CDN are the major competitors of Cloudflare.

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