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 (NET) has 9 years of Revenue data on file, last reported 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.
- The five-year high for Revenue was $639.8 million in Q1 2026, with the low at $212.2 million in Q1 2022.
- Average Revenue over 5 years is $397.0 million, with a median of $378.6 million recorded in 2024.
- Year-over-year, Revenue jumped 53.85% in 2022 and advanced 26.54% in 2025.
- Cloudflare's Revenue stood at $274.7 million in 2022, then jumped by 31.95% to $362.5 million in 2023, then grew by 26.89% to $459.9 million in 2024, then surged by 33.6% to $614.5 million in 2025, then gained 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 | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 82.89 Bn |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 19.18 Bn |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 1.63 Bn |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 2.59 Bn |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | 1.31 Bn |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 1.85 Bn |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | 639.76 Mn |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 2.41 Bn |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | 6.06 Bn |
| 10 | CoreWeave | 45.15 Bn | 42.89 Bn | 2.01 Bn | 2.08 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 |