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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Cloudflare (NET) Net Margin (2018 - 2025)

Cloudflare (NET) has disclosed Net Margin for 8 consecutive years, with 1.97% as the latest value for Q4 2025.

  • Quarterly Net Margin rose 83.0% to 1.97% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 4.72% through Dec 2025, changed 0.0% year-over-year, with the annual reading at 4.72% for FY2025, 0.0% changed from the prior year.
  • Net Margin hit 1.97% in Q4 2025 for Cloudflare, down from 0.23% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 0.23% in Q3 2025 to a low of 62.28% in Q3 2021.
  • Historically, Net Margin has averaged 16.63% across 5 years, with a median of 11.48% in 2023.
  • Biggest five-year swings in Net Margin: crashed -3909bps in 2021 and later soared 4551bps in 2022.
  • Year by year, Net Margin stood at 40.03% in 2021, then soared by 58bps to 16.72% in 2022, then surged by 54bps to 7.7% in 2023, then surged by 64bps to 2.8% in 2024, then increased by 30bps to 1.97% in 2025.
  • Business Quant data shows Net Margin for NET at 1.97% in Q4 2025, 0.23% in Q3 2025, and 9.85% in Q2 2025.