Cloudflare (NET) Revenue (2018 - 2026)

Cloudflare's (NET) quarterly Revenue came in at $639.8 million in Q1 2026, up 33.54% year-on-year from $479.1 million in Q1 2025, and up 4.11% quarter-over-quarter from $614.5 million in Q4 2025.

Cloudflare (NET) Revenue (2018 - 2026) Analysis & Trends

Cloudflare has disclosed Revenue across 9 years of filings, most recently posting $639.8 million for Q1 2026.

  • Revenue for Q1 2026 came in at $639.8 million, up 33.54% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.3 billion (up 31.55% YoY), and the FY2025 annual result was $2.2 billion, up 29.85% from the prior year.
  • Revenue came in at $639.8 million for Q1 2026 at Cloudflare, up 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.
  • The 5-year median for Revenue is $378.6 million (2024), against an average of $397.0 million.
  • Across the five-year window, Revenue soared 53.85% in 2022 and grew 26.54% in 2025, its largest moves.
  • Cloudflare's Revenue stood at $274.7 million in 2022, then jumped by 31.95% to $362.5 million in 2023, then gained by 26.89% to $459.9 million in 2024, then surged by 33.6% to $614.5 million in 2025, then grew by 4.11% to $639.8 million in 2026.
  • The last three Revenue figures came in at $639.8 million (Q1 2026), $614.5 million (Q4 2025), and $562.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Revenue (Qtr)
1 Microsoft 2,903.35 Bn 2,825.07 Bn 56.06 Bn 82.89 Bn
2 Alarum Technologies 1,127.45 Bn 1,113.30 Bn 7.23 Mn 11.71 Mn
3 Oracle 528.84 Bn 490.27 Bn 15.14 Bn 17.19 Bn
4 Palantir Technologies 306.36 Bn 298.44 Bn 1.42 Bn 1.63 Bn
5 Palo Alto Networks 194.33 Bn 189.79 Bn 1.91 Bn 2.59 Bn
6 CrowdStrike Holdings 171.19 Bn 168.13 Bn 993.68 Mn 1.31 Bn
7 Fortinet 108.13 Bn 104.84 Bn 1.49 Bn 1.85 Bn
8 Synopsys 86.21 Bn 86.09 Bn 1.77 Bn 2.41 Bn
9 Cloudflare 80.35 Bn 79.41 Bn 455.60 Mn 639.76 Mn
10 CoreWeave 53.50 Bn 51.24 Bn 2.01 Bn 2.08 Bn

Historic Data

Download Data
DateValue
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