Cloudflare reported revenue of $696.06M and net income of -$169.98M for the quarter ended Jun 2026, up 35.9% year over year. This income statement covers 32 quarters of results from Sep 2018 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Income Statement | Sep2018 | Dec2018 | Mar2019 | Jun2019 | Sep2019 | Dec2019 | Mar2020 | Jun2020 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue & cost | ||||||||||||||||||||||||||||||||
| Revenue | 172.35M | 193.60M | 212.17M | 234.52M | 253.86M | 274.70M | 290.18M | 308.49M | 335.60M | 362.47M | 378.60M | 401.00M | 430.08M | 459.95M | 479.09M | 512.32M | 562.03M | 614.51M | 639.75M | 696.06M | ||||||||||||
| Cost of RevenueCost of Rev | 37.52M | 42.50M | 47.05M | 55.80M | 61.97M | 67.79M | 70.43M | 75.22M | 78.07M | 83.28M | 85.04M | 89.01M | 95.97M | 108.69M | 115.58M | 128.68M | 146.32M | 161.96M | 184.16M | 196.54M | ||||||||||||
| Gross Profit | 134.82M | 151.10M | 165.12M | 178.71M | 191.89M | 206.91M | 219.74M | 233.27M | 257.53M | 279.19M | 293.56M | 311.99M | 334.12M | 351.26M | 363.51M | 383.64M | 415.71M | 452.55M | 455.60M | 499.52M | ||||||||||||
| Operating items | ||||||||||||||||||||||||||||||||
| Research & DevelopmentR&D | 85.88M | 96.22M | 100.06M | 117.62M | 116.03M | 132.05M | 137.00M | 146.69M | 150.21M | 165.21M | 194.10M | 174.50M | 185.22M | 191.97M | 214.01M | 219.36M | 236.31M | 251.14M | 271.60M | 276.12M | ||||||||||||
| Selling, General & AdministrativeSG&A | 28.67M | 34.18M | 38.03M | 50.52M | 45.37M | 45.85M | 48.48M | 53.15M | 55.94M | 60.40M | 66.31M | 69.64M | 68.78M | 73.80M | 87.66M | 96.99M | 95.91M | 108.76M | 95.02M | 118.91M | ||||||||||||
| Restructuring CostsRestructuring | 150.69M | |||||||||||||||||||||||||||||||
| Other Operating ExpensesOther Opex | 46.77M | 61.76M | 67.05M | 75.11M | 76.43M | 79.70M | 81.54M | 89.61M | 90.59M | 96.40M | 87.70M | 102.55M | 110.91M | 120.21M | 115.09M | 134.56M | 120.96M | 141.89M | 150.97M | 159.49M | ||||||||||||
| Operating ExpensesOpex | 161.32M | 192.16M | 205.14M | 243.25M | 237.84M | 257.60M | 267.01M | 289.44M | 296.75M | 322.02M | 348.11M | 346.68M | 364.91M | 385.98M | 416.76M | 450.90M | 453.17M | 501.79M | 517.59M | 705.21M | ||||||||||||
| Operating IncomeOp. Inc | -26.49M | -41.06M | -40.02M | -64.54M | -45.95M | -50.69M | -47.27M | -56.17M | -39.21M | -42.83M | -54.55M | -34.70M | -30.79M | -34.72M | -53.25M | -67.26M | -37.46M | -49.23M | -61.99M | -205.70M | ||||||||||||
| EBIT | -26.49M | -41.06M | -40.02M | -64.54M | -45.95M | -50.69M | -47.27M | -56.17M | -39.21M | -42.83M | -54.55M | -34.70M | -30.79M | -34.72M | -53.25M | -67.26M | -37.46M | -49.23M | -61.99M | -205.70M | ||||||||||||
| Non-operating items | ||||||||||||||||||||||||||||||||
| Non Operating Interest Expenses | 12.45M | 16.11M | 1.56M | 1.04M | 1.51M | 0.88M | 2.13M | 1.54M | 1.14M | 1.07M | 1.10M | 1.22M | 1.43M | 1.45M | 1.44M | 1.52M | 2.91M | 2.89M | 2.56M | 3.09M | ||||||||||||
| Interest & Investment IncomeInt & Inv Inc | 0.39M | 0.67M | 1.06M | 1.64M | 3.85M | 8.32M | 13.49M | 16.54M | 17.95M | 20.19M | 21.25M | 21.71M | 22.47M | 21.99M | 21.40M | 25.41M | 42.53M | 41.88M | 40.17M | 39.93M | ||||||||||||
| Other Non Operating IncomeOther Non Op Inc. | -72.23M | -0.49M | 0.23M | 2.43M | -1.60M | -0.86M | -50.30M | 0.12M | 1.12M | 0.27M | -3.07M | 3.33M | -3.47M | -3.91M | -0.31M | -0.27M | 2.99M | 0.91M | ||||||||||||||
| Non Operating IncomeNon Op. Inc. | -83.94M | -15.87M | -0.98M | 0.83M | 4.77M | 5.85M | 10.50M | -36.83M | 16.93M | 17.02M | 21.28M | 20.77M | 17.97M | 23.88M | 16.49M | 19.98M | 39.31M | 38.73M | 40.59M | 37.76M | ||||||||||||
| Net income details | ||||||||||||||||||||||||||||||||
| EBT | -110.43M | -56.93M | -41.01M | -63.71M | -41.17M | -44.84M | -36.77M | -93.00M | -22.28M | -25.81M | -33.27M | -13.93M | -12.82M | -10.84M | -36.76M | -47.29M | 1.85M | -10.51M | -21.40M | -167.94M | ||||||||||||
| Tax ProvisionsTaxes | -3.10M | 20.57M | 0.40M | -0.20M | 1.40M | 1.05M | 1.31M | 1.50M | 1.30M | 2.05M | 2.30M | 1.15M | 2.51M | 2.00M | 1.70M | 3.20M | 3.14M | 1.56M | 1.53M | 2.04M | ||||||||||||
| Profit After TaxPAT | -107.33M | -77.50M | -41.38M | -63.54M | -42.55M | -45.92M | -38.08M | -94.47M | -23.54M | -27.86M | -35.54M | -15.08M | -15.33M | -12.85M | -38.45M | -50.45M | -1.29M | -12.08M | -22.93M | -169.98M | ||||||||||||
| Income from Continuing OperationsIncome (Continuing) | -107.33M | -77.50M | -41.41M | -63.51M | -42.57M | -45.89M | -38.08M | -94.50M | -23.58M | -27.86M | -35.57M | -15.08M | -15.33M | -12.85M | -38.46M | -50.49M | -1.29M | -12.07M | -22.93M | -169.98M | ||||||||||||
| Consolidated Net IncomeConsol Net Inc. | -107.33M | -77.50M | -41.41M | -63.51M | -42.57M | -45.89M | -38.08M | -94.50M | -23.58M | -27.86M | -35.57M | -15.08M | -15.33M | -12.85M | -38.46M | -50.49M | -1.29M | -12.07M | -22.93M | -169.98M | ||||||||||||
| Income towards Parent CompanyParent Net Inc | -107.33M | -77.50M | -41.41M | -63.51M | -42.57M | -45.89M | -38.08M | -94.50M | -23.58M | -27.86M | -35.57M | -15.08M | -15.33M | -12.85M | -38.46M | -50.49M | -1.29M | -12.07M | -22.93M | -169.98M | ||||||||||||
| Net Income towards Common StockholdersNet Income | -107.33M | -77.50M | -41.41M | -63.51M | -42.57M | -45.89M | -38.08M | -94.50M | -23.58M | -27.86M | -35.57M | -15.08M | -15.33M | -12.85M | -38.46M | -50.49M | -1.29M | -12.07M | -22.93M | -169.98M | ||||||||||||
| Additional items | ||||||||||||||||||||||||||||||||
| EPS (Basic) | -0.34 | -0.25 | -0.13 | -0.20 | -0.13 | -0.14 | -0.12 | -0.28 | -0.07 | -0.08 | -0.11 | -0.04 | -0.04 | -0.04 | -0.11 | -0.15 | 0.00 | -0.03 | -0.07 | -0.48 | ||||||||||||
| EPS (Diluted) | -0.34 | -0.25 | -0.13 | -0.20 | -0.13 | -0.14 | -0.12 | -0.28 | -0.07 | -0.08 | -0.11 | -0.04 | -0.04 | -0.04 | -0.11 | -0.15 | 0.00 | -0.03 | -0.07 | -0.48 | ||||||||||||
| Shares Outstanding | 314.54M | 312.32M | 323.33M | 325.20M | 326.59M | 326.33M | 330.39M | 332.30M | 334.67M | 333.66M | 338.58M | 340.65M | 342.36M | 341.41M | 345.72M | 347.49M | 349.31M | 348.42M | 352.62M | 354.33M | ||||||||||||
| Shares Outstanding (Diluted)Shares Outstanding (Dil.) | 314.54M | 312.32M | 323.33M | 325.20M | 326.59M | 326.33M | 330.39M | 332.30M | 334.67M | 333.66M | 338.58M | 340.65M | 342.36M | 341.41M | 345.72M | 347.49M | 349.31M | 348.42M | 352.62M | 354.33M | ||||||||||||
| Shares Outstanding (Entity)Shares Outstanding (Entity.) | 273.57M | 277.71M | 280.41M | 282.77M | 284.23M | 286.56M | 289.37M | 291.83M | 295.64M | 298.09M | 301.02M | 303.32M | 305.39M | 307.89M | 309.99M | 312.68M | 315.17M | 317.32M | 319.27M | 322.18M | ||||||||||||
| EBITDA | -26.49M | -41.06M | -40.02M | -64.54M | -45.95M | -50.69M | -47.27M | -56.17M | -39.21M | -42.83M | -54.55M | -34.70M | -30.79M | -34.72M | -53.25M | -67.26M | -37.46M | -49.23M | -61.99M | -205.70M | ||||||||||||
| Interest ExpensesInt Expense | 12.45M | 16.11M | 1.56M | 1.04M | 1.51M | 0.88M | 2.13M | 1.54M | 1.14M | 1.07M | 1.10M | 1.22M | 1.43M | 1.45M | 1.44M | 1.52M | 2.91M | 2.89M | 2.56M | 3.09M | ||||||||||||
| Tax Rate | 2.81% | -36.13% | -0.98% | 0.31% | -3.40% | -2.34% | -3.57% | -1.61% | -5.83% | -7.96% | -6.91% | -8.23% | -19.57% | -18.49% | -4.62% | -6.77% | 169.73% | -14.86% | -7.13% | -1.22% |