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Cloudflare (NET) Cost of Revenue (2018 - 2025)

Historic Cost of Revenue for Cloudflare (NET) over the last 8 years, with Q3 2025 value amounting to $236.3 million.

  • Cloudflare's Cost of Revenue rose 2758.22% to $236.3 million in Q3 2025 from the same period last year, while for Sep 2025 it was $861.6 million, marking a year-over-year increase of 1983.32%. This contributed to the annual value of $745.8 million for FY2024, which is 2448.17% up from last year.
  • Per Cloudflare's latest filing, its Cost of Revenue stood at $236.3 million for Q3 2025, which was up 2758.22% from $219.4 million recorded in Q2 2025.
  • Cloudflare's 5-year Cost of Revenue high stood at $236.3 million for Q3 2025, and its period low was $70.0 million during Q1 2021.
  • For the 5-year period, Cloudflare's Cost of Revenue averaged around $147.8 million, with its median value being $146.7 million (2023).
  • As far as peak fluctuations go, Cloudflare's Cost of Revenue skyrocketed by 5477.6% in 2022, and later skyrocketed by 1025.7% in 2025.
  • Quarter analysis of 5 years shows Cloudflare's Cost of Revenue stood at $96.2 million in 2021, then skyrocketed by 37.24% to $132.0 million in 2022, then rose by 25.11% to $165.2 million in 2023, then rose by 16.19% to $192.0 million in 2024, then grew by 23.1% to $236.3 million in 2025.
  • Its Cost of Revenue was $236.3 million in Q3 2025, compared to $219.4 million in Q2 2025 and $214.0 million in Q1 2025.