Growth Metrics

Cloudflare (NET) Operating Expenses (2018 - 2025)

Historic Operating Expenses for Cloudflare (NET) over the last 8 years, with Q3 2025 value amounting to $453.2 million.

  • 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.
  • According to the latest figures from Q3 2025, Cloudflare's Operating Expenses is $453.2 million, which was up 2418.74% from $450.9 million recorded in Q2 2025.
  • Cloudflare's Operating Expenses' 5-year high stood at $453.2 million during Q3 2025, with a 5-year trough of $137.2 million in Q1 2021.
  • Its 5-year average for Operating Expenses is $290.7 million, with a median of $289.4 million in 2023.
  • As far as peak fluctuations go, Cloudflare's Operating Expenses surged by 6630.36% in 2022, and later soared by 1898.88% in 2023.
  • Cloudflare's Operating Expenses (Quarter) stood at $192.2 million in 2021, then skyrocketed by 34.05% to $257.6 million in 2022, then increased by 25.01% to $322.0 million in 2023, then rose by 19.86% to $386.0 million in 2024, then rose 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.