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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Cloudflare (NET) EBITDA Margin (2018 - 2025)

Cloudflare (NET) has disclosed EBITDA Margin for 8 consecutive years, with 8.01% as the latest value for Q4 2025.

  • Quarterly EBITDA Margin fell 46.0% to 8.01% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 9.56% through Dec 2025, down 29.0% year-over-year, with the annual reading at 9.56% for FY2025, 29.0% down from the prior year.
  • EBITDA Margin hit 8.01% in Q4 2025 for Cloudflare, down from 6.67% in the prior quarter.
  • In the past five years, EBITDA Margin ranged from a high of 6.67% in Q3 2025 to a low of 27.52% in Q2 2022.
  • Historically, EBITDA Margin has averaged 14.79% across 5 years, with a median of 14.89% in 2021.
  • Biggest five-year swings in EBITDA Margin: soared 1689bps in 2021 and later tumbled -858bps in 2022.
  • Year by year, EBITDA Margin stood at 21.21% in 2021, then increased by 13bps to 18.45% in 2022, then skyrocketed by 36bps to 11.82% in 2023, then soared by 36bps to 7.55% in 2024, then decreased by -6bps to 8.01% in 2025.
  • Business Quant data shows EBITDA Margin for NET at 8.01% in Q4 2025, 6.67% in Q3 2025, and 13.13% in Q2 2025.