Cloudflare (NET) EBITDA (2018 - 2026)

Cloudflare (NET) has 9 years of EBITDA data on file, last reported at -$62.0 million in Q1 2026.

• For the quarter ending Q1 2026, EBITDA fell 16.43% year-over-year to -$62.0 million; the trailing twelve-month figure through Mar 2026 stood at -$216.0 million (down 40.72% YoY), and the FY2025 full-year result was -$207.2 million, down 33.89% from the prior year.
• EBITDA eased to -$62.0 million in Q1 2026, from -$49.2 million in the prior quarter.
• In the past five years, EBITDA ranged from a high of -$30.8 million in Q3 2024 to a low of -$67.3 million in Q2 2025.
• A 5-year average of -$47.7 million and a median of -$47.3 million in 2023 frame the typical range for EBITDA.
• Across the five-year window, EBITDA slumped 123.54% in 2022 and soared 38.23% in 2024, its largest moves.
• Tracing NET's EBITDA over 5 years: stood at -$50.7 million in 2022, then gained by 15.51% to -$42.8 million in 2023, then increased by 18.94% to -$34.7 million in 2024, then sank by 41.81% to -$49.2 million in 2025, then dropped by 25.92% to -$62.0 million in 2026.
• Business Quant data shows NET's EBITDA at -$62.0 million in Q1 2026, -$49.2 million in Q4 2025, and -$37.5 million in Q3 2025.