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| Date | Value |
|---|---|
| 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 |