Cloudflare, 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) Revenue
Cloudflare, Inc.'s revenue for fiscal 2025 was $2.2B, up 29.8% from $1.7B in fiscal 2024. Over the twelve months to 30 September 2026 it was $2.7B. Over the past ten years it has ranged from $84.8M (fiscal 2016) to $2.2B (fiscal 2025) — the current reading is the highest in ten years. Revenue has risen for 9 consecutive fiscal years. Cloudflare, Inc. ranks 32nd of 158 Software Infrastructure companies by revenue.
Revenue, annual
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Annual newest first
| Period | Revenue | Change |
|---|---|---|
| FY2025 | $2.2B | 29.85% |
| FY2024 | $1.7B | 28.76% |
| FY2023 | $1.3B | 32.97% |
| FY2022 | $975.2M | 48.57% |
| FY2021 | $656.4M | 52.28% |
| FY2020 | $431.1M | 50.18% |
| FY2019 | $287.0M | 48.97% |
| FY2018 | $192.7M | 42.81% |
| FY2017 | $134.9M | 59.11% |
| FY2016 | $84.8M | — |
Quarterly newest first
| Period | Revenue | Change |
|---|---|---|
| Sep 2026 | $782.5M | 12.42% |
| Jun 2026 | $696.1M | 8.80% |
| Mar 2026 | $639.8M | 4.11% |
| Dec 2025 | $614.5M | 9.34% |
| 28 more quarters | Free account |
Against its own ten years
Revenue against peers
| Company | Revenue |
|---|---|
| XYZ Block, Inc. compare | $25.6B |
| SNPS Synopsys, Inc. compare | $9.4B |
| FTNT Fortinet, Inc. compare | $7.9B |
| NTAP NetApp, Inc. compare | $7.4B |
| CRWD CrowdStrike compare | $5.4B |
| ZS Zscaler, Inc. compare | $3.4B |
| OKTA Okta, Inc. compare | $3.1B |
| NET Cloudflare, Inc. | $2.7B |
| NBIS Nebius Group N.V. compare | $1.4B |
What Revenue is
Revenue tells an investor how much a company brought in from selling its goods and services over a period, before any costs are taken out.
Reported line item
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