Cloudflare (NET) Net Income (2018 - 2026)

Cloudflare (NET) reported Net Income of -$22.9 million for Q1 2026, up 40.45% on a YoY basis from -$16.3 million in Q1 2025, and down 89.62% sequentially from -$12.1 million in Q4 2025.

Cloudflare (NET) Net Income (2018 - 2026) Analysis & Trends

Cloudflare (NET) has 9 years of Net Income data on file, last reported at -$22.9 million in Q1 2026.

  • For the quarter ending Q1 2026, Net Income rose 40.45% year-over-year to -$22.9 million; the trailing twelve-month figure through Mar 2026 stood at -$86.7 million (down 6.1% YoY), and the FY2025 full-year result was -$102.3 million, down 29.78% from the prior year.
  • Net Income eased to -$22.9 million in Q1 2026, from -$12.1 million in the prior quarter.
  • In the past five years, Net Income ranged from a high of -$1.3 million in Q3 2025 to a low of -$94.5 million in Q2 2023.
  • A 5-year average of -$34.2 million and a median of -$35.5 million in 2024 frame the typical range for Net Income.
  • Peak annual rise in Net Income reached 91.58% in 2025, while the deepest fall reached 234.57% in 2025.
  • Tracing NET's Net Income over 5 years: stood at -$45.9 million in 2022, then jumped by 39.24% to -$27.9 million in 2023, then jumped by 53.86% to -$12.9 million in 2024, then climbed by 6.18% to -$12.1 million in 2025, then plunged by 89.62% to -$22.9 million in 2026.
  • Business Quant data shows NET's Net Income at -$22.9 million in Q1 2026, -$12.1 million in Q4 2025, and -$1.3 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Microsoft 2,842.90 Bn 2,718.46 Bn 56.06 Bn 31.78 Bn
2 PagSeguro Digital 2,572.26 Bn 2,572.26 Bn 358.92 Mn 132.24 Mn
3 Oracle 329.59 Bn 297.69 Bn - 5.92 Bn
4 Repay Holdings 314.63 Bn 314.48 Bn - -
5 Palantir Technologies 294.47 Bn 286.44 Bn 1.42 Bn 876.40 Mn
6 Palo Alto Networks 227.51 Bn 222.98 Bn 1.91 Bn 432.00 Mn
7 CrowdStrike Holdings 183.28 Bn 180.18 Bn 993.68 Mn 61.44 Mn
8 Fortinet 112.44 Bn 109.14 Bn 1.49 Bn 534.60 Mn
9 Cloudflare 92.78 Bn 91.83 Bn 455.60 Mn -22.90 Mn
10 Synopsys 70.83 Bn 68.63 Bn 1.77 Bn 64.72 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -22.90 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 -12.87 Mn
Sep 30, 2024 -15.32 Mn
Jun 30, 2024 -15.08 Mn
Mar 31, 2024 -35.54 Mn
Dec 31, 2023 -27.90 Mn
Sep 30, 2023 -23.54 Mn
Jun 30, 2023 -94.50 Mn
Mar 31, 2023 -38.08 Mn
Dec 31, 2022 -45.92 Mn
Sep 30, 2022 -42.55 Mn
Jun 30, 2022 -63.51 Mn
Mar 31, 2022 -41.38 Mn
Dec 31, 2021 -77.46 Mn
Sep 30, 2021 -107.33 Mn
Jun 30, 2021 -35.51 Mn