Growth Metrics

Cloudflare (NET) EBT (2018 - 2025)

Cloudflare's EBT history spans 8 years, with the latest figure at -$10.5 million for Q4 2025.

  • For Q4 2025, EBT rose 3.09% year-over-year to -$10.5 million; the TTM value through Dec 2025 reached -$92.7 million, down 30.81%, while the annual FY2025 figure was -$92.7 million, 30.81% down from the prior year.
  • EBT for Q4 2025 was -$10.5 million at Cloudflare, down from $1.8 million in the prior quarter.
  • Across five years, EBT topped out at $1.8 million in Q3 2025 and bottomed at -$110.4 million in Q3 2021.
  • The 5-year median for EBT is -$38.3 million (2021), against an average of -$39.0 million.
  • The largest annual shift saw EBT crashed 268.44% in 2021 before it surged 114.43% in 2025.
  • A 5-year view of EBT shows it stood at -$56.9 million in 2021, then grew by 21.23% to -$44.8 million in 2022, then skyrocketed by 42.44% to -$25.8 million in 2023, then skyrocketed by 57.99% to -$10.8 million in 2024, then rose by 3.09% to -$10.5 million in 2025.
  • Per Business Quant, the three most recent readings for NET's EBT are -$10.5 million (Q4 2025), $1.8 million (Q3 2025), and -$47.3 million (Q2 2025).