Cloudflare (NET) Revenue (2018 - 2026)
Cloudflare's (NET) quarterly Revenue came in at $696.1 million in Q2 2026, up 35.87% year-over-year from $512.3 million in Q2 2025, and up 8.8% quarter-over-quarter from $639.8 million in Q1 2026.
Analysis
Cloudflare (NET) Revenue (2018 - 2026) Analysis & Trends
Cloudflare has disclosed Revenue across 9 years of filings, most recently posting $696.1 million for Q2 2026.
- In Q2 2026, Revenue rose 35.87% year-over-year to $696.1 million; the TTM figure through Jun 2026 stood at $2.5 billion (up 33.53% YoY), while the FY2025 annual figure was $2.2 billion, up 29.85% from the prior year.
- Revenue came in at $696.1 million for Q2 2026 at Cloudflare, up from $639.8 million in the prior quarter.
- In the past five years, Revenue ranged from a high of $696.1 million in Q2 2026 to a low of $212.2 million in Q1 2022.
- Average Revenue over 5 years is $413.6 million, with a median of $389.8 million recorded in 2024.
- Year-over-year, Revenue jumped 53.85% in 2022 and increased 26.54% in 2025.
- Over 5 years, 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 gained by 13.27% to $696.1 million in 2026.
- Per Business Quant data, the three most recent Revenue figures were $696.1 million in Q2 2026, $639.8 million in Q1 2026, and $614.5 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Cloudflare | 101.25 Bn | 97.09 Bn | 499.52 Mn | 696.06 Mn |
| 2 | Akamai Technologies | 15.21 Bn | 11.86 Bn | 613.75 Mn | 1.10 Bn |
| 3 | Fastly | 3.38 Bn | 3.04 Bn | 115.95 Mn | 183.32 Mn |
| 4 | Xunlei | 387.74 Mn | 110.88 Mn | 57.31 Mn | 102.11 Mn |
Historic Data
Download Data
Historic 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 |