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Cloudflare (NET) Revenue (2018 - 2025)

Cloudflare's Revenue history spans 8 years, with the latest figure at $614.5 million for Q4 2025.

  • For Q4 2025, Revenue rose 33.6% year-over-year to $614.5 million; the TTM value through Dec 2025 reached $2.2 billion, up 29.85%, while the annual FY2025 figure was $2.2 billion, 29.85% up from the prior year.
  • Revenue for Q4 2025 was $614.5 million at Cloudflare, up from $562.0 million in the prior quarter.
  • Across five years, Revenue topped out at $614.5 million in Q4 2025 and bottomed at $138.1 million in Q1 2021.
  • The 5-year median for Revenue is $322.0 million (2023), against an average of $338.3 million.
  • The largest annual shift saw Revenue skyrocketed 53.85% in 2022 before it increased 26.54% in 2025.
  • A 5-year view of Revenue shows it stood at $193.6 million in 2021, then soared by 41.89% to $274.7 million in 2022, then surged by 31.95% to $362.5 million in 2023, then increased by 26.89% to $459.9 million in 2024, then soared by 33.6% to $614.5 million in 2025.
  • Per Business Quant, the three most recent readings for NET's Revenue are $614.5 million (Q4 2025), $562.0 million (Q3 2025), and $512.3 million (Q2 2025).