Growth Metrics

Cloudflare (NET) Operating Income (2018 - 2026)

Cloudflare has reported Operating Income over the past 9 years, most recently at -$62.0 million for Q1 2026.

  • Quarterly results put Operating Income at -$62.0 million for Q1 2026, down 16.43% from a year ago — trailing twelve months through Mar 2026 was -$216.0 million (down 40.72% YoY), and the annual figure for FY2025 was -$207.2 million, down 33.89%.
  • Operating Income reached -$62.0 million in Q1 2026 per NET's latest filing, down from -$49.2 million in the prior quarter.
  • Across five years, Operating Income topped out at -$30.8 million in Q3 2024 and bottomed at -$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.
  • The largest annual shift saw Operating Income crashed 123.54% in 2022 before it soared 38.23% in 2024.
  • Over 5 years, Operating Income stood at -$50.7 million in 2022, then increased by 15.51% to -$42.8 million in 2023, then rose by 18.94% to -$34.7 million in 2024, then tumbled by 41.81% to -$49.2 million in 2025, then decreased by 25.92% to -$62.0 million in 2026.
  • Business Quant data shows Operating Income for NET at -$62.0 million in Q1 2026, -$49.2 million in Q4 2025, and -$37.5 million in Q3 2025.