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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) EBT Margin (2018 - 2025)

Cloudflare's EBT Margin history spans 8 years, with the latest figure at 1.71% for Q4 2025.

  • For Q4 2025, EBT Margin rose 65.0% year-over-year to 1.71%; the TTM value through Dec 2025 reached 4.28%, down 3.0%, while the annual FY2025 figure was 4.28%, 3.0% down from the prior year.
  • EBT Margin for Q4 2025 was 1.71% at Cloudflare, down from 0.33% in the prior quarter.
  • Across five years, EBT Margin topped out at 0.33% in Q3 2025 and bottomed at 64.07% in Q3 2021.
  • The 5-year median for EBT Margin is 10.95% (2023), against an average of 16.03%.
  • The largest annual shift saw EBT Margin plummeted -3782bps in 2021 before it soared 4785bps in 2022.
  • A 5-year view of EBT Margin shows it stood at 29.41% in 2021, then surged by 44bps to 16.33% in 2022, then surged by 56bps to 7.12% in 2023, then soared by 67bps to 2.36% in 2024, then grew by 27bps to 1.71% in 2025.
  • Per Business Quant, the three most recent readings for NET's EBT Margin are 1.71% (Q4 2025), 0.33% (Q3 2025), and 9.23% (Q2 2025).