Growth Metrics

Cloudflare (NET) Gross Margin: 2018-2025

Historic Gross Margin for Cloudflare (NET) over the last 7 years, with Sep 2025 value amounting to 73.97%.

  • Cloudflare's Gross Margin fell 372.00% to 73.97% in Q3 2025 from the same period last year, while for Sep 2025 it was 75.20%, marking a year-over-year decrease of 232.00%. This contributed to the annual value of 77.32% for FY2024, which is 99.00% up from last year.
  • Per Cloudflare's latest filing, its Gross Margin stood at 73.97% for Q3 2025, which was down 1.22% from 74.88% recorded in Q2 2025.
  • Cloudflare's 5-year Gross Margin high stood at 78.23% for Q3 2021, and its period low was 73.97% during Q3 2025.
  • Its 3-year average for Gross Margin is 76.29%, with a median of 76.37% in 2024.
  • In the last 5 years, Cloudflare's Gross Margin skyrocketed by 219bps in 2024 and then plummeted by 372bps in 2025.
  • Cloudflare's Gross Margin (Quarterly) stood at 78.05% in 2021, then plummeted by 273bps to 75.32% in 2022, then skyrocketed by 170bps to 77.02% in 2023, then crashed by 65bps to 76.37% in 2024, then slumped by 372bps to 73.97% in 2025.
  • Its last three reported values are 73.97% in Q3 2025, 74.88% for Q2 2025, and 75.88% during Q1 2025.