Cloudflare (NET) Net Income (2018 - 2026)
Cloudflare (NET) recorded Net Income of -$169.98 million in Q2 2026, compared with -$50.49 million a year earlier.
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Analysis
Cloudflare (NET) Net Income (2018 - 2026) Analysis & Trends
On a TTM basis, Cloudflare's Net Income came in at -$206.27 million as of Jun 30, 2026; for FY2025, it came in at -$102.27 million.
- Across earlier years, Net Income came in at -$78.8 million in FY2024, -$183.95 million in FY2023, -$193.38 million in FY2022 and -$260.31 million in FY2021.
- The Q2 2026 figure is the lowest quarterly Net Income in data going back to Q3 2018.
- Per Business Quant, the preceding three quarters came in at -$22.93 million (Q1 2026), -$12.07 million (Q4 2025) and -$1.29 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,932.24 Bn | 3,855.40 Bn | 60.48 Bn | 35.77 Bn |
| 2 | International Business Machines | 219.04 Bn | 169.85 Bn | 9.91 Bn | 2.17 Bn |
| 3 | Cloudflare | 104.70 Bn | 88.23 Bn | 499.52 Mn | -169.98 Mn |
| 4 | Equinix | 97.19 Bn | 85.75 Bn | 1.40 Bn | 479.00 Mn |
| 5 | Nebius | 40.23 Bn | 13.66 Bn | 448.70 Mn | -190.40 Mn |
| 6 | CoreWeave | 33.76 Bn | 20.85 Bn | 1.70 Bn | -626.00 Mn |
| 7 | Verisign | 27.46 Bn | 24.67 Bn | 384.60 Mn | 216.50 Mn |
| 8 | Nutanix | 17.98 Bn | 9.67 Bn | 651.35 Mn | 1.27 Bn |
| 9 | GoDaddy | 13.83 Bn | 9.41 Bn | 828.20 Mn | 240.10 Mn |
| 10 | Akamai Technologies | 12.69 Bn | 6.10 Bn | 613.75 Mn | 79.40 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -169.98 Mn |
| Mar 31, 2026 | -22.93 Mn |
| Dec 31, 2025 | -12.08 Mn |
| Sep 30, 2025 | -1.29 Mn |
| Jun 30, 2025 | -50.45 Mn |
| Mar 31, 2025 | -38.45 Mn |
| Dec 31, 2024 | -12.85 Mn |
| Sep 30, 2024 | -15.33 Mn |
| Jun 30, 2024 | -15.08 Mn |
| Mar 31, 2024 | -35.54 Mn |
| Dec 31, 2023 | -27.87 Mn |
| Sep 30, 2023 | -23.54 Mn |
| Jun 30, 2023 | -94.47 Mn |
| Mar 31, 2023 | -38.08 Mn |
| Dec 31, 2022 | -45.92 Mn |
| Sep 30, 2022 | -42.55 Mn |
| Jun 30, 2022 | -63.54 Mn |
| Mar 31, 2022 | -41.38 Mn |
| Dec 31, 2021 | -77.50 Mn |
| Sep 30, 2021 | -107.34 Mn |
API Access
Cloudflare Net Income 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=net-income&ticker=NET&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-income", "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=net-income&ticker=NET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();