Cloudflare's Operating Expenses rose 2418.74% to $453.2 million in Q3 2025 from the same period last year, while for Sep 2025 it was $1.7 billion, marking a year-over-year increase of 2352.75%. This contributed to the annual value of $1.4 billion for FY2024, which is 2301.35% up from last year.
Latest data reveals that Cloudflare reported Operating Expenses of $453.2 million as of Q3 2025, which was up 2418.74% from $450.9 million recorded in Q2 2025.
Over the past 5 years, Cloudflare's Operating Expenses peaked at $453.2 million during Q3 2025, and registered a low of $137.2 million during Q1 2021.
Over the past 5 years, Cloudflare's median Operating Expenses value was $289.4 million (recorded in 2023), while the average stood at $290.7 million.
In the last 5 years, Cloudflare's Operating Expenses soared by 6630.36% in 2022 and then skyrocketed by 1898.88% in 2023.
Quarter analysis of 5 years shows Cloudflare's Operating Expenses stood at $192.2 million in 2021, then surged by 34.05% to $257.6 million in 2022, then rose by 25.01% to $322.0 million in 2023, then grew by 19.86% to $386.0 million in 2024, then grew by 17.41% to $453.2 million in 2025.
Its Operating Expenses stands at $453.2 million for Q3 2025, versus $450.9 million for Q2 2025 and $416.8 million for Q1 2025.

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