stockrowCloudflare, Inc.
NET Technology Software Infrastructure
Cloudflare, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.2 billion, up 29.8% from fiscal 2024.
- Revenue
- +39.2%
- EPS
- −2,602.7%
- Free cash flow
- +9.48%
- Total debt
- +125.2%
Quarter to September 2026, against a year earlier
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Cloudflare, Inc. (NET) EBITDA
Cloudflare, Inc.'s EBITDA for fiscal 2025 was $91.2M, up 66.7% from $54.7M in fiscal 2024. Over the twelve months to 30 June 2026 it was −$1.6M. Over the past ten years it has ranged from −$67.6M (fiscal 2019) to $91.2M (fiscal 2025) — the current reading is the highest in ten years. EBITDA has risen for 3 consecutive fiscal years. Cloudflare, Inc. ranks 100th of 165 Software Infrastructure companies by EBITDA.
EBITDA, annual
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Annual newest first
| Period | EBITDA | Change |
|---|---|---|
| FY2025 | $91.2M | 66.65% |
| FY2024 | $54.7M | 237.33% |
| FY2023 | $16.2M | — |
| FY2022 | −$49.1M | — |
| FY2021 | $14.4M | — |
| FY2020 | −$18.4M | — |
| FY2019 | −$67.6M | — |
| FY2018 | −$58.9M | — |
| FY2017 | $6.4M | — |
| FY2016 | −$7.1M | — |
Quarterly newest first
| Period | EBITDA | Change |
|---|---|---|
| Jun 2026 | −$105.4M | — |
| Mar 2026 | $29.2M | (13.31%) |
| Dec 2025 | $33.7M | (17.47%) |
| Sep 2025 | $40.9M | 1,041.15% |
| 27 more quarters | Free account |
Against its own ten years
EBITDA against peers
| Company | EBITDA |
|---|---|
| FTNT Fortinet, Inc. compare | $3.1B |
| SNPS Synopsys, Inc. compare | $2.7B |
| NTAP NetApp, Inc. compare | $2.0B |
| CRWD CrowdStrike compare | $646.2M |
| OKTA Okta, Inc. compare | $494.0M |
| XYZ Block, Inc. compare | $370.2M |
| ZS Zscaler, Inc. compare | $270.6M |
| NBIS Nebius Group N.V. compare | $141.9M |
| NET Cloudflare, Inc. | −$1.6M |
What EBITDA is
EBITDA shows what a company earns from its operations before interest, taxes and the non-cash charges for depreciation and amortization.
Reported line item
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