Cloudflare (NET) Revenue (2018 - 2026)
Cloudflare (NET) reported Revenue of $639.8 million for Q1 2026, up 33.54% on a YoY basis from $479.1 million in Q1 2025, and up 4.11% sequentially from $614.5 million in Q4 2025.
Cloudflare (NET) Revenue (2018 - 2026) Analysis & Trends
Cloudflare (NET) has 9 years of Revenue data on file, last reported at $639.8 million in Q1 2026.
- For the quarter ending Q1 2026, Revenue rose 33.54% year-over-year to $639.8 million; the trailing twelve-month figure through Mar 2026 stood at $2.3 billion (up 31.55% YoY), and the FY2025 full-year result was $2.2 billion, up 29.85% from the prior year.
- Revenue advanced to $639.8 million in Q1 2026, from $614.5 million in the prior quarter.
- In the past five years, Revenue ranged from a high of $639.8 million in Q1 2026 to a low of $212.2 million in Q1 2022.
- A 5-year average of $397.0 million and a median of $378.6 million in 2024 frame the typical range for Revenue.
- Across the five-year window, Revenue soared 53.85% in 2022 and grew 26.54% in 2025, its largest moves.
- Tracing NET's Revenue over 5 years: stood at $274.7 million in 2022, then soared by 31.95% to $362.5 million in 2023, then rose by 26.89% to $459.9 million in 2024, then jumped by 33.6% to $614.5 million in 2025, then climbed by 4.11% to $639.8 million in 2026.
- Business Quant data shows NET's Revenue at $639.8 million in Q1 2026, $614.5 million in Q4 2025, and $562.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,921.46 Bn | 2,797.02 Bn | 56.06 Bn | 82.89 Bn |
| 2 | PagSeguro Digital | 2,686.70 Bn | 2,686.70 Bn | 358.92 Mn | 951.14 Mn |
| 3 | Oracle | 344.13 Bn | 312.24 Bn | - | 19.18 Bn |
| 4 | Repay Holdings | 342.29 Bn | 342.15 Bn | - | - |
| 5 | Palantir Technologies | 294.57 Bn | 286.54 Bn | 1.42 Bn | 1.63 Bn |
| 6 | Palo Alto Networks | 224.46 Bn | 219.93 Bn | 1.91 Bn | 2.59 Bn |
| 7 | CrowdStrike Holdings | 182.52 Bn | 179.42 Bn | 993.68 Mn | 1.31 Bn |
| 8 | Fortinet | 111.29 Bn | 107.99 Bn | 1.49 Bn | 1.85 Bn |
| 9 | Cloudflare | 93.63 Bn | 92.68 Bn | 455.60 Mn | 639.76 Mn |
| 10 | Synopsys | 72.71 Bn | 70.50 Bn | 1.77 Bn | 2.41 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 639.76 Mn |
| Dec 31, 2025 | 614.51 Mn |
| Sep 30, 2025 | 562.03 Mn |
| Jun 30, 2025 | 512.32 Mn |
| Mar 31, 2025 | 479.09 Mn |
| Dec 31, 2024 | 459.95 Mn |
| Sep 30, 2024 | 430.08 Mn |
| Jun 30, 2024 | 401.00 Mn |
| Mar 31, 2024 | 378.60 Mn |
| Dec 31, 2023 | 362.47 Mn |
| Sep 30, 2023 | 335.60 Mn |
| Jun 30, 2023 | 308.49 Mn |
| Mar 31, 2023 | 290.18 Mn |
| Dec 31, 2022 | 274.70 Mn |
| Sep 30, 2022 | 253.86 Mn |
| Jun 30, 2022 | 234.52 Mn |
| Mar 31, 2022 | 212.17 Mn |
| Dec 31, 2021 | 193.60 Mn |
| Sep 30, 2021 | 172.35 Mn |
| Jun 30, 2021 | 152.43 Mn |