The table below shows Cloudflare, Inc.'s income statement by quarter, as reported in the company's quarterly filings. All figures are in US dollars; negative values appear in red.
Line item
Q1 2026
Q3 2025
Q2 2025
Q1 2025
Q3 2024
Q2 2024
Revenue
$639.75M
$562.03M
$512.32M
$479.09M
$430.08M
$401.00M
Cost of revenue
$184.16M
$146.32M
$128.68M
$115.58M
$95.97M
$89.01M
Gross profit
$455.60M
$415.71M
$383.64M
$363.51M
$334.12M
$311.99M
R&D
$150.97M
$120.96M
$134.56M
$115.09M
$110.91M
$102.55M
NET annual revenue (10-K history)
Cloudflare, Inc. reported annual revenue of $2.17B for fiscal year 2025. That is up 29.8% from $1.67B in fiscal 2024. Over the 9 fiscal years shown, annual revenue grew from $134.91M (FY 2017) to $2.17B. Figures come from the company's audited annual reports as filed with the SEC.
