Cloudflare (NET) Gross Profit (2018 - 2026)

Cloudflare's (NET) quarterly Gross Profit came in at $455.6 million in Q1 2026, up 25.33% year-on-year from $363.5 million in Q1 2025, and up 0.67% quarter-over-quarter from $452.6 million in Q4 2025.

Cloudflare (NET) Gross Profit (2018 - 2026) Analysis & Trends

Cloudflare has disclosed Gross Profit across 9 years of filings, most recently posting $455.6 million for Q1 2026.

  • Gross Profit for Q1 2026 came in at $455.6 million, up 25.33% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.7 billion (up 25.47% YoY), and the FY2025 annual result was $1.6 billion, up 25.14% from the prior year.
  • Gross Profit came in at $455.6 million for Q1 2026 at Cloudflare, up from $452.6 million in the prior quarter.
  • In the past five years, Gross Profit ranged from a high of $455.6 million in Q1 2026 to a low of $165.1 million in Q1 2022.
  • The 5-year median for Gross Profit is $293.6 million (2024), against an average of $299.7 million.
  • Across the five-year window, Gross Profit soared 55.81% in 2022 and climbed 22.97% in 2025, its largest moves.
  • Cloudflare's Gross Profit stood at $206.9 million in 2022, then soared by 34.93% to $279.2 million in 2023, then increased by 25.81% to $351.3 million in 2024, then climbed by 28.84% to $452.6 million in 2025, then grew by 0.67% to $455.6 million in 2026.
  • The last three Gross Profit figures came in at $455.6 million (Q1 2026), $452.6 million (Q4 2025), and $415.7 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Microsoft 3,064.95 Bn 2,986.68 Bn 56.06 Bn
2 Alarum Technologies 1,117.04 Bn 1,102.89 Bn 7.23 Mn
3 Oracle 608.54 Bn 569.96 Bn 15.14 Bn
4 Palantir Technologies 326.97 Bn 319.05 Bn 1.42 Bn
5 Palo Alto Networks 185.10 Bn 180.56 Bn 1.91 Bn
6 CrowdStrike Holdings 165.31 Bn 162.25 Bn 993.68 Mn
7 Fortinet 105.66 Bn 102.37 Bn 1.49 Bn
8 Synopsys 89.71 Bn 89.60 Bn 1.77 Bn
9 Cloudflare 87.54 Bn 86.60 Bn 455.60 Mn
10 CoreWeave 53.90 Bn 51.63 Bn 2.01 Bn

Historic Data

Download Data
DateValue
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
Dec 31, 2023 279.19 Mn
Dec 31, 2023 279.19 Mn