Growth Metrics

Cloudflare (NET) EBITDA: 2018-2025

Historic EBITDA for Cloudflare (NET) over the last 7 years, with Sep 2025 value amounting to -$37.5 million.

  • Cloudflare's EBITDA fell 21.65% to -$37.5 million in Q3 2025 from the same period last year, while for Sep 2025 it was -$192.7 million, marking a year-over-year decrease of 18.31%. This contributed to the annual value of -$154.8 million for FY2024, which is 16.56% up from last year.
  • Latest data reveals that Cloudflare reported EBITDA of -$37.5 million as of Q3 2025, which was up 44.31% from -$67.3 million recorded in Q2 2025.
  • Over the past 5 years, Cloudflare's EBITDA peaked at -$26.5 million during Q3 2021, and registered a low of -$67.3 million during Q2 2025.
  • In the last 3 years, Cloudflare's EBITDA had a median value of -$42.8 million in 2023 and averaged -$45.3 million.
  • In the last 5 years, Cloudflare's EBITDA crashed by 123.54% in 2022 and then skyrocketed by 38.23% in 2024.
  • Over the past 5 years, Cloudflare's EBITDA (Quarterly) stood at -$41.1 million in 2021, then declined by 23.44% to -$50.7 million in 2022, then increased by 15.51% to -$42.8 million in 2023, then rose by 18.94% to -$34.7 million in 2024, then decreased by 21.65% to -$37.5 million in 2025.
  • Its EBITDA was -$37.5 million in Q3 2025, compared to -$67.3 million in Q2 2025 and -$53.2 million in Q1 2025.