Growth Metrics

Cloudflare (NET) EBIT Margin (2018 - 2026)

Cloudflare has reported EBIT Margin over the past 9 years, most recently at 9.69% for Q1 2026.

  • Quarterly results put EBIT Margin at 9.69% for Q1 2026, up 142.0% from a year ago — trailing twelve months through Mar 2026 was 9.27% (down 60.0% YoY), and the annual figure for FY2025 was 9.56%, down 29.0%.
  • EBIT Margin reached 9.69% in Q1 2026 per NET's latest filing, down from 8.01% in the prior quarter.
  • Across five years, EBIT Margin topped out at 6.67% in Q3 2025 and bottomed at 27.52% in Q2 2022.
  • Median EBIT Margin over the past 5 years was 11.82% (2023), compared with a mean of 13.37%.
  • The largest annual shift saw EBIT Margin crashed -858bps in 2022 before it soared 956bps in 2024.
  • Over 5 years, EBIT Margin stood at 18.45% in 2022, then surged by 36bps to 11.82% in 2023, then skyrocketed by 36bps to 7.55% in 2024, then fell by -6bps to 8.01% in 2025, then fell by -21bps to 9.69% in 2026.
  • Business Quant data shows EBIT Margin for NET at 9.69% in Q1 2026, 8.01% in Q4 2025, and 6.67% in Q3 2025.