Growth Metrics

Cloudflare (NET) Consolidated Net Income (2017 - 2025)

Cloudflare recorded annual Consolidated Net Income of -$102.3 million in FY2025, down 29.78% year-over-year from -$78.8 million in FY2024.

Cloudflare's Consolidated Net Income history runs 9 years deep, the most recent figure standing at -$102.3 million for FY2025.

  • In Q1 2026, Consolidated Net Income rose 40.45% year-over-year to -$22.9 million; the TTM figure through Mar 2026 stood at -$86.7 million (down 6.19% YoY), while the FY2025 annual figure was -$102.3 million, down 29.78% from the prior year.
  • Consolidated Net Income came in at -$102.3 million for FY2025 at Cloudflare, down from -$78.8 million in the prior year.
  • In the past five years, Consolidated Net Income ranged from a high of -$78.8 million in FY2024 to a low of -$260.3 million in FY2021.
  • A 5-year average of -$163.7 million and a median of -$183.9 million in 2023 frame the typical range for Consolidated Net Income.
  • Across the five-year window, Consolidated Net Income tumbled 118.07% in 2021 and soared 57.16% in 2024, its largest moves.
  • Cloudflare's Consolidated Net Income stood at -$260.3 million in 2021, then grew by 25.71% to -$193.4 million in 2022, then gained by 4.88% to -$183.9 million in 2023, then jumped by 57.16% to -$78.8 million in 2024, then fell by 29.78% to -$102.3 million in 2025.
  • According to Business Quant data, Consolidated Net Income over the past three periods registered -$102.3 million, -$78.8 million, and -$183.9 million for FY2025, FY2024, and FY2023 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Consol Net Inc. (Yr)
1 Microsoft 3,425.08 Bn 3,346.81 Bn 56.06 Bn -
2 Oracle 712.03 Bn 673.46 Bn 15.14 Bn -
3 Palantir Technologies 384.58 Bn 376.66 Bn 1.42 Bn -
4 Palo Alto Networks 208.80 Bn 204.26 Bn 1.91 Bn -
5 CrowdStrike Holdings 195.63 Bn 192.58 Bn 993.68 Mn -161.19 Mn
6 Fortinet 108.69 Bn 105.40 Bn 1.49 Bn -
7 Cloudflare 95.27 Bn 94.32 Bn 455.60 Mn -
8 Synopsys 93.41 Bn 93.30 Bn 1.77 Bn -
9 CoreWeave 65.84 Bn 63.57 Bn 2.01 Bn -
10 Block 45.43 Bn 38.54 Bn 2.91 Bn -

Historic Data

Download Data 🔒
DateValue
Dec 31, 2025 -102.27 Mn
Dec 31, 2024 -78.80 Mn
Dec 31, 2023 -183.95 Mn
Dec 31, 2022 -193.38 Mn
Dec 31, 2021 -260.31 Mn
Dec 31, 2020 -119.37 Mn
Dec 31, 2019 -105.83 Mn
Dec 31, 2018 -87.16 Mn
Dec 31, 2017 -10.75 Mn