Cloudflare NET
NYSE NET
$278.85 -5.66 (-1.99%)
As of: Sep 4, 2026 · 3:59 PM EDT

Cloudflare (NET) EBT (2018 - 2026)

Cloudflare (NET) posted EBT of -$21.4 million for Q1 2026, down 103.66% sequentially from -$10.5 million in Q4 2025, and up 41.78% YoY from -$15.1 million in Q1 2025.

Analysis

Cloudflare (NET) EBT (2018 - 2026) Analysis & Trends

Cloudflare has reported EBT for 9 years, with the latest figure at -$21.4 million in Q1 2026.

  • Quarterly EBT rose 41.78% year-over-year to -$21.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$77.3 million (down 4.02% YoY) and the FY2025 annual result came in at -$92.7 million, down 30.81% from the prior year.
  • EBT fell to -$21.4 million in Q1 2026 per NET's latest filing, from -$10.5 million in the prior quarter.
  • Over five years, EBT peaked at $1.8 million in Q3 2025 and troughed at -$93.0 million in Q2 2023.
  • A 5-year average of -$32.6 million and a median of -$33.3 million in 2024 frame the typical range for EBT.
  • The widest YoY moves for EBT: up 114.43% in 2025, down 239.43% in 2025.
  • Over 5 years, EBT stood at -$44.8 million in 2022, then surged by 42.44% to -$25.8 million in 2023, then surged by 57.99% to -$10.8 million in 2024, then gained by 3.09% to -$10.5 million in 2025, then tumbled by 103.66% to -$21.4 million in 2026.
  • According to Business Quant data, EBT over the past three periods registered -$21.4 million, -$10.5 million, and $1.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT (Qtr)
1 Microsoft 3,718.29 Bn 3,585.54 Bn 60.48 Bn 44.05 Bn
2 Oracle 452.14 Bn 420.24 Bn - 5.37 Bn
3 Palantir Technologies 418.25 Bn 408.84 Bn 1.64 Bn 1.08 Bn
4 Palo Alto Networks 265.90 Bn 262.79 Bn 2.03 Bn -156.00 Mn
5 CrowdStrike Holdings 217.15 Bn 212.14 Bn 1.10 Bn 3.93 Mn
6 Fortinet 114.54 Bn 110.47 Bn 1.64 Bn 720.20 Mn
7 Cloudflare 98.54 Bn 94.37 Bn 499.52 Mn -167.94 Mn
8 Synopsys 75.44 Bn 71.83 Bn 1.80 Bn 683.92 Mn
9 Block 49.56 Bn 43.13 Bn 3.17 Bn 301.50 Mn
10 CoreWeave 49.23 Bn 43.69 Bn 1.70 Bn -564.00 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -167.94 Mn
Mar 31, 2026 -21.40 Mn
Dec 31, 2025 -10.51 Mn
Sep 30, 2025 1.85 Mn
Jun 30, 2025 -47.29 Mn
Mar 31, 2025 -36.76 Mn
Dec 31, 2024 -10.84 Mn
Sep 30, 2024 -12.82 Mn
Jun 30, 2024 -13.93 Mn
Mar 31, 2024 -33.27 Mn
Dec 31, 2023 -25.81 Mn
Sep 30, 2023 -22.28 Mn
Jun 30, 2023 -93.00 Mn
Mar 31, 2023 -36.77 Mn
Dec 31, 2022 -44.85 Mn
Sep 30, 2022 -41.17 Mn
Jun 30, 2022 -63.71 Mn
Mar 31, 2022 -41.01 Mn
Dec 31, 2021 -56.93 Mn
Sep 30, 2021 -110.43 Mn