Cloudflare (NET) Revenue (2018 - 2026)
Cloudflare (NET) posted Revenue of $639.8 million for Q1 2026, up 4.11% sequentially from $614.5 million in Q4 2025, and up 33.54% YoY from $479.1 million in Q1 2025.
Cloudflare (NET) Revenue (2018 - 2026) Analysis & Trends
Cloudflare has reported Revenue for 9 years, with the latest figure at $639.8 million in Q1 2026.
- Quarterly Revenue rose 33.54% year-over-year to $639.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.3 billion (up 31.55% YoY) and the FY2025 annual result came in at $2.2 billion, up 29.85% from the prior year.
- Revenue advanced to $639.8 million in Q1 2026 per NET's latest filing, from $614.5 million in the prior quarter.
- Over five years, Revenue peaked at $639.8 million in Q1 2026 and troughed at $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.
- The sharpest annual moves came in 2022 and 2025: Revenue surged 53.85% in 2022, then rose 26.54% in 2025.
- Over 5 years, Revenue stood at $274.7 million in 2022, then soared by 31.95% to $362.5 million in 2023, then climbed by 26.89% to $459.9 million in 2024, then jumped by 33.6% to $614.5 million in 2025, then rose by 4.11% to $639.8 million in 2026.
- According to Business Quant data, Revenue over the past three periods registered $639.8 million, $614.5 million, and $562.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 90.01 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 1.94 Bn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | 19.18 Bn |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 3.00 Bn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 2.05 Bn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 696.06 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 2.41 Bn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 2.58 Bn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 6.62 Bn |
| 10 | NetApp | 40.73 Bn | 37.15 Bn | 1.37 Bn | 1.95 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 696.06 Mn |
| 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 |