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) Revenue growth
Cloudflare, Inc.'s revenue growth over the twelve months to 30 September 2026 was 35.7%, up 5.9 percentage points from fiscal 2025 (29.9%). Over the past ten years it has ranged from −37.2% (fiscal 2016) to 59.1% (fiscal 2017); the current reading is higher than 30% of that period. That is above the Software Infrastructure industry median of 14.3% and above the Technology sector median of 11.8%.
Revenue growth, annual
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Annual newest first
| Period | Revenue growth | Change (points) |
|---|---|---|
| FY2025 | 29.9% | 1.09 |
| FY2024 | 28.8% | (4.21) |
| FY2023 | 33.0% | (15.60) |
| FY2022 | 48.6% | (3.71) |
| FY2021 | 52.3% | 2.10 |
| FY2020 | 50.2% | 1.21 |
| FY2019 | 49.0% | 6.16 |
| FY2018 | 42.8% | (16.30) |
| FY2017 | 59.1% | 96.26 |
| FY2016 | −37.2% | — |
Quarterly newest first
| Period | Revenue growth | Change (points) |
|---|---|---|
| Sep 2026 | 39.2% | 3.36 |
| Jun 2026 | 35.9% | 2.33 |
| Mar 2026 | 33.5% | (0.06) |
| Dec 2025 | 33.6% | 2.92 |
| 28 more quarters | Free account |
Against its own ten years
Revenue growth against peers
| Company | Revenue growth |
|---|---|
| NBIS Nebius Group N.V. compare | 511.5% |
| SNPS Synopsys, Inc. compare | 46.3% |
| NET Cloudflare, Inc. | 35.7% |
| ZS Zscaler, Inc. compare | 25.4% |
| CRWD CrowdStrike compare | 24.3% |
| FTNT Fortinet, Inc. compare | 20.2% |
| NTAP NetApp, Inc. compare | 12.2% |
| OKTA Okta, Inc. compare | 11.2% |
| XYZ Block, Inc. compare | 6.98% |
| Software Infrastructure industry median | 14.3% |
| Technology sector median | 11.8% |
| Market median | 7.58% |
What Revenue growth is
Revenue Growth shows how fast a company’s sales are rising or falling compared with the same period a year earlier.
(Revenue − Revenue a year earlier) ÷ |Revenue a year earlier|
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