Growth Metrics

Cloudflare (NET) EBIT (2018 - 2025)

Cloudflare's EBIT history spans 8 years, with the latest figure at -$49.2 million for Q4 2025.

  • For Q4 2025, EBIT fell 41.81% year-over-year to -$49.2 million; the TTM value through Dec 2025 reached -$207.2 million, down 33.89%, while the annual FY2025 figure was -$207.2 million, 33.89% down from the prior year.
  • EBIT for Q4 2025 was -$49.2 million at Cloudflare, down from -$37.5 million in the prior quarter.
  • Across five years, EBIT topped out at -$26.5 million in Q3 2021 and bottomed at -$67.3 million in Q2 2025.
  • The 5-year median for EBIT is -$41.9 million (2021), against an average of -$43.8 million.
  • The largest annual shift saw EBIT plummeted 123.54% in 2022 before it skyrocketed 38.23% in 2024.
  • A 5-year view of EBIT shows it stood at -$41.1 million in 2021, then dropped by 23.44% to -$50.7 million in 2022, then rose by 15.51% to -$42.8 million in 2023, then grew by 18.94% to -$34.7 million in 2024, then crashed by 41.81% to -$49.2 million in 2025.
  • Per Business Quant, the three most recent readings for NET's EBIT are -$49.2 million (Q4 2025), -$37.5 million (Q3 2025), and -$67.3 million (Q2 2025).