Cloudflare (NET) Profit After Tax (2018 - 2026)

Cloudflare (NET) posted Profit After Tax of -$22.9 million for Q1 2026, down 89.84% sequentially from -$12.1 million in Q4 2025, and up 40.38% YoY from -$16.3 million in Q1 2025.

Cloudflare (NET) Profit After Tax (2018 - 2026) Analysis & Trends

Cloudflare has reported Profit After Tax for 9 years, with the latest figure at -$22.9 million in Q1 2026.

  • Quarterly Profit After Tax rose 40.38% year-over-year to -$22.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$86.7 million (down 6.15% YoY) and the FY2025 annual result came in at -$102.3 million, down 29.78% from the prior year.
  • Profit After Tax eased to -$22.9 million in Q1 2026 per NET's latest filing, from -$12.1 million in the prior quarter.
  • Over five years, Profit After Tax peaked at -$1.3 million in Q3 2025 and troughed at -$94.5 million in Q2 2023.
  • A 5-year average of -$34.2 million and a median of -$35.5 million in 2024 frame the typical range for Profit After Tax.
  • The widest YoY moves for Profit After Tax: up 91.59% in 2025, down 234.57% in 2025.
  • Over 5 years, Profit After Tax stood at -$45.9 million in 2022, then jumped by 39.31% to -$27.9 million in 2023, then soared by 53.89% to -$12.8 million in 2024, then grew by 6.0% to -$12.1 million in 2025, then tumbled by 89.84% to -$22.9 million in 2026.
  • According to Business Quant data, Profit After Tax over the past three periods registered -$22.9 million, -$12.1 million, and -$1.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) PAT (Qtr)
1 Microsoft 3,679.34 Bn 3,546.58 Bn 60.48 Bn 35.77 Bn
2 Oracle 433.50 Bn 402.15 Bn - 4.30 Bn
3 Palantir Technologies 418.20 Bn 408.90 Bn 1.64 Bn 1.07 Bn
4 Palo Alto Networks 312.41 Bn 309.30 Bn 2.03 Bn -177.00 Mn
5 Fortinet 117.38 Bn 113.31 Bn 1.64 Bn 606.30 Mn
6 Cloudflare 101.74 Bn 97.57 Bn 499.52 Mn -169.98 Mn
7 Synopsys 80.70 Bn 78.49 Bn 1.77 Bn 64.96 Mn
8 CoreWeave 58.00 Bn 52.46 Bn 1.70 Bn -649.00 Mn
9 Block 49.79 Bn 43.33 Bn 3.17 Bn 88.52 Mn
10 NetApp 40.59 Bn 37.00 Bn 1.37 Bn 404.00 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 -169.98 Mn
Mar 31, 2026 -22.93 Mn
Dec 31, 2025 -12.08 Mn
Sep 30, 2025 -1.29 Mn
Jun 30, 2025 -50.45 Mn
Mar 31, 2025 -38.45 Mn
Dec 31, 2024 -12.85 Mn
Sep 30, 2024 -15.33 Mn
Jun 30, 2024 -15.08 Mn
Mar 31, 2024 -35.54 Mn
Dec 31, 2023 -27.87 Mn
Sep 30, 2023 -23.54 Mn
Jun 30, 2023 -94.47 Mn
Mar 31, 2023 -38.08 Mn
Dec 31, 2022 -45.92 Mn
Sep 30, 2022 -42.55 Mn
Jun 30, 2022 -63.54 Mn
Mar 31, 2022 -41.38 Mn
Dec 31, 2021 -77.50 Mn
Sep 30, 2021 -107.34 Mn