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
DateValue
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