Cloudflare, Inc. (NET) Income statement
Top 20 of 26 line items reported by NET · 250+ in the full API →
Cloudflare, Inc. (NET) · Income Statement
Consolidated Statements of Operations
Annual · In millions USD, except per-share data · Latest filed Feb 26, 2026 · FY ends Dec 31
| Fiscal Years Ended | |||||
|---|---|---|---|---|---|
FY2025 Dec 31, 2025 | FY2024 Dec 31, 2024 | FY2023 Dec 31, 2023 | FY2022 Dec 31, 2022 | Trend | |
| Total Revenue | $2,168 | $1,670 | $1,297 | $975 | |
| Cost of Revenue | 553 | 379 | 307 | 233 | |
| Gross Profit | $1,615 | $1,291 | $990 | $743 | |
| Other Operating Expenses | 1,823 | 1,446 | 1,175 | 944 | |
| Total Operating Expenses | 1,823 | 1,446 | 1,175 | 944 | |
| Operating Income | $(207) | $(155) | $(185) | $(201) | |
| EBIT (Earnings Before Interest & Tax) | (207) | (155) | (185) | (201) | |
| Add: Depreciation & Amortization | 291 | 206 | 197 | 147 | |
| EBITDA (Non-GAAP) | $84 | $51 | $12 | $(54) | |
| Interest Expense | -9 | -5 | -6 | -5 | |
| Non-Operating Income (Expense) | $114 | $84 | $8 | $10 | |
| Income Before Taxes (EBT) | $(93) | $(71) | $(178) | $(191) | |
| Provision for Income Taxes | 10 | 8 | 6 | 3 | |
| Effective Tax Rate | (10.3%) | (11.2%) | (3.4%) | (1.4%) | |
| Net Income | $(102) | $(79) | $(184) | $(193) | |
| Shares Outstanding | 348 | 341 | 334 | 326 | |
| Diluted Shares Outstanding | 348 | 341 | 334 | 326 | |
| Basic Earnings Per Share | ($0.29) | ($0.23) | ($0.55) | ($0.59) | |
| Diluted Earnings Per Share | ($0.29) | ($0.23) | ($0.55) | ($0.59) | |
| Gross Margin | 74.5% | 77.3% | 76.3% | 76.1% | |
6 more line items available via the API
Research & DevelopmentSales, General & AdministrativeAsset Impairment ChargesOperating MarginOther OpEx MarginNet Margin
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