Cloudflare (NET) Operating Income (2018 - 2026)

Cloudflare's Operating Income history runs 9 years deep, the most recent figure standing at -$62.0 million for Q1 2026.

• Quarterly Operating Income fell 16.43% year-over-year to -$62.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$216.0 million (down 40.72% YoY) and the FY2025 annual result came in at -$207.2 million, down 33.89% from the prior year.
• Operating Income was -$62.0 million for Q1 2026 at Cloudflare, down from -$49.2 million in the prior quarter.
• In the past five years, Operating Income ranged from a high of -$30.8 million in Q3 2024 to a low of -$67.3 million in Q2 2025.
• Median Operating Income over the past 5 years was -$47.3 million (2023), compared with a mean of -$47.7 million.
• Across the five-year window, Operating Income tumbled 123.54% in 2022 and surged 38.23% in 2024, its largest moves.
• Over 5 years, Operating Income stood at -$50.7 million in 2022, then gained by 15.51% to -$42.8 million in 2023, then increased by 18.94% to -$34.7 million in 2024, then tumbled by 41.81% to -$49.2 million in 2025, then dropped by 25.92% to -$62.0 million in 2026.
• Business Quant data shows NET's Operating Income at -$62.0 million in Q1 2026, -$49.2 million in Q4 2025, and -$37.5 million in Q3 2025.