Cloudflare (NET) Gross Profit (2018 - 2026)
Cloudflare's (NET) quarterly Gross Profit came in at $499.5 million in Q2 2026, up 30.2% year-over-year from $383.6 million in Q2 2025, and up 9.64% quarter-over-quarter from $455.6 million in Q1 2026.
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Analysis
Cloudflare (NET) Gross Profit (2018 - 2026) Analysis & Trends
Cloudflare has disclosed Gross Profit across 9 years of filings, most recently posting $499.5 million for Q2 2026.
- In Q2 2026, Gross Profit rose 30.2% year-over-year to $499.5 million; the TTM figure through Jun 2026 stood at $1.8 billion (up 27.28% YoY), while the FY2025 annual figure was $1.6 billion, up 25.14% from the prior year.
- Gross Profit came in at $499.5 million for Q2 2026 at Cloudflare, up from $455.6 million in the prior quarter.
- In the past five years, Gross Profit ranged from a high of $499.5 million in Q2 2026 to a low of $165.1 million in Q1 2022.
- Average Gross Profit over 5 years is $310.8 million, with a median of $302.8 million recorded in 2024.
- Year-over-year, Gross Profit jumped 55.81% in 2022 and grew 22.97% in 2025.
- Over 5 years, 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 gained by 10.38% to $499.5 million in 2026.
- Per Business Quant data, the three most recent Gross Profit figures were $499.5 million in Q2 2026, $455.6 million in Q1 2026, and $452.6 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,717.88 Bn | 3,585.13 Bn | 60.48 Bn |
| 2 | International Business Machines | 219.37 Bn | 208.10 Bn | 9.91 Bn |
| 3 | Cloudflare | 113.46 Bn | 109.29 Bn | 499.52 Mn |
| 4 | Equinix | 102.39 Bn | 100.19 Bn | 1.40 Bn |
| 5 | Nebius | 57.34 Bn | 49.30 Bn | 448.70 Mn |
| 6 | CoreWeave | 47.88 Bn | 42.34 Bn | 1.70 Bn |
| 7 | Verisign | 26.51 Bn | 25.48 Bn | 384.60 Mn |
| 8 | Nutanix | 18.85 Bn | 16.49 Bn | 651.35 Mn |
| 9 | Akamai Technologies | 17.01 Bn | 13.65 Bn | 613.75 Mn |
| 10 | DigitalOcean Holdings | 14.83 Bn | 14.06 Bn | 154.66 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 499.52 Mn |
| Mar 31, 2026 | 455.60 Mn |
| Dec 31, 2025 | 452.55 Mn |
| Sep 30, 2025 | 415.71 Mn |
| Jun 30, 2025 | 383.64 Mn |
| Mar 31, 2025 | 363.51 Mn |
| Dec 31, 2024 | 351.26 Mn |
| Sep 30, 2024 | 334.12 Mn |
| Jun 30, 2024 | 311.99 Mn |
| Mar 31, 2024 | 293.56 Mn |
| Dec 31, 2023 | 279.19 Mn |
| Sep 30, 2023 | 257.53 Mn |
| Jun 30, 2023 | 233.27 Mn |
| Mar 31, 2023 | 219.74 Mn |
| Dec 31, 2022 | 206.91 Mn |
| Sep 30, 2022 | 191.89 Mn |
| Jun 30, 2022 | 178.71 Mn |
| Mar 31, 2022 | 165.12 Mn |
| Dec 31, 2021 | 151.10 Mn |
| Sep 30, 2021 | 134.82 Mn |
API Access
Cloudflare Gross Profit API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-profit&ticker=NET&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "ticker": "NET", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-profit&ticker=NET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();