Cloudflare (NET) Gross Profit (2018 - 2026)
Cloudflare (NET) posted Gross Profit of $455.6 million for Q1 2026, up 0.67% sequentially from $452.6 million in Q4 2025, and up 25.33% YoY from $363.5 million in Q1 2025.
Cloudflare (NET) Gross Profit (2018 - 2026) Analysis & Trends
Cloudflare has reported Gross Profit for 9 years, with the latest figure at $455.6 million in Q1 2026.
- Quarterly Gross Profit rose 25.33% year-over-year to $455.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.7 billion (up 25.47% YoY) and the FY2025 annual result came in at $1.6 billion, up 25.14% from the prior year.
- Gross Profit improved to $455.6 million in Q1 2026 per NET's latest filing, from $452.6 million in the prior quarter.
- Over five years, Gross Profit peaked at $455.6 million in Q1 2026 and troughed at $165.1 million in Q1 2022.
- A 5-year average of $299.7 million and a median of $293.6 million in 2024 frame the typical range for Gross Profit.
- The sharpest annual moves came in 2022 and 2025: Gross Profit surged 55.81% in 2022, then increased 22.97% in 2025.
- Over 5 years, Gross Profit stood at $206.9 million in 2022, then surged by 34.93% to $279.2 million in 2023, then gained by 25.81% to $351.3 million in 2024, then increased by 28.84% to $452.6 million in 2025, then rose by 0.67% to $455.6 million in 2026.
- According to Business Quant data, Gross Profit over the past three periods registered $455.6 million, $452.6 million, and $415.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,679.34 Bn | 3,546.58 Bn | 60.48 Bn |
| 2 | Oracle | 433.50 Bn | 402.15 Bn | - |
| 3 | Palantir Technologies | 418.20 Bn | 408.90 Bn | 1.64 Bn |
| 4 | Palo Alto Networks | 312.41 Bn | 309.30 Bn | 2.03 Bn |
| 5 | Fortinet | 117.38 Bn | 113.31 Bn | 1.64 Bn |
| 6 | Cloudflare | 101.74 Bn | 97.57 Bn | 499.52 Mn |
| 7 | Synopsys | 80.70 Bn | 78.49 Bn | 1.77 Bn |
| 8 | CoreWeave | 58.00 Bn | 52.46 Bn | 1.70 Bn |
| 9 | Block | 49.79 Bn | 43.33 Bn | 3.17 Bn |
| 10 | NetApp | 40.59 Bn | 37.00 Bn | 1.37 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 499.52 Mn |
| Jun 30, 2026 | 499.52 Mn |
| Mar 31, 2026 | 455.60 Mn |
| Mar 31, 2026 | 455.60 Mn |
| Dec 31, 2025 | 452.55 Mn |
| Dec 31, 2025 | 452.55 Mn |
| Sep 30, 2025 | 415.71 Mn |
| Sep 30, 2025 | 415.71 Mn |
| Jun 30, 2025 | 383.64 Mn |
| Jun 30, 2025 | 383.64 Mn |
| Mar 31, 2025 | 363.51 Mn |
| Mar 31, 2025 | 363.51 Mn |
| Dec 31, 2024 | 351.26 Mn |
| Dec 31, 2024 | 351.26 Mn |
| Sep 30, 2024 | 334.12 Mn |
| Sep 30, 2024 | 334.12 Mn |
| Jun 30, 2024 | 311.99 Mn |
| Jun 30, 2024 | 311.99 Mn |
| Mar 31, 2024 | 293.56 Mn |
| Mar 31, 2024 | 293.56 Mn |