Cloudflare, Inc. (NET) Financials

$210.35

$5.18 (-2.4%)
Last update: 04:00 PM EST
Day's range
$204.33
Day's range
$219
$2B$2B$1.5B$1.5B$1B$1B$500M$500M$0$0-$500M-$500MEarning201820182019201920202020202120212022202220232023202420240%0%-10%-10%-20%-20%-30%-30%-40%-40%-50%-50%Profit Margin
Profit Margin
Revenue
Earnings

NET Income statement / Annual

Last year (2024), Cloudflare, Inc.'s total revenue was $1.67 B, an increase of 28.76% from the previous year. In 2024, Cloudflare, Inc.'s net income was -$78.80 M. See Cloudflare, Inc.,s key income statements, including revenue, expenses, profit, and income.

Period FY-2024 FY-2023 FY-2022 FY-2021 FY-2020 FY-2019 FY-2018 FY-2017 FY-2016
Period Ended 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016
Operating Revenue $1.67 B $1.30 B $975.24 M $656.43 M $431.06 M $287.02 M $192.67 M $134.92 M $84.79 M
Cost of Revenue $378.70 M $307.01 M $232.61 M $147.13 M $101.06 M $63.42 M $43.54 M $28.79 M $23.96 M
Gross Profit $1.29 B $989.74 M $742.63 M $509.29 M $330.00 M $223.60 M $149.14 M $106.13 M $60.83 M
Gross Profit Ratio 0.77 0.76 0.76 0.78 0.77 0.78 0.77 0.79 0.72
Research and Development Expenses $495.37 M $423.54 M $346.12 M $210.31 M $131.42 M $100.97 M $54.46 M $33.65 M $23.66 M
General & Administrative Expenses $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Selling & Marketing Expenses $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Selling, General & Administrative Expenses $1.02 B $817.08 M $645.27 M $447.19 M $309.07 M $240.88 M $179.57 M $82.21 M $54.20 M
Other Expenses $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Operating Expenses $1.52 B $1.24 B $991.39 M $657.50 M $440.49 M $341.85 M $234.04 M $115.86 M $77.86 M
Cost And Expenses $1.90 B $1.55 B $1.22 B $804.63 M $541.55 M $405.27 M $277.57 M $144.65 M $101.82 M
Interest Income $87.43 M $68.17 M $14.88 M $1.97 M $6.59 M $5.79 M $1.90 M $762.00 K $626.00 K
Interest Expense $5.20 M $5.87 M $4.98 M $49.23 M $24.96 M $1.11 M $992.00 K $862.00 K $654.00 K
Depreciation & Amortization $205.54 M $194.77 M $145.12 M $94.47 M $66.32 M $29.48 M $18.91 M $12.17 M $8.36 M
EBITDA $65.87 M -$42.62 M -$92.13 M -$125.18 M -$43.69 M -$84.42 M -$66.19 M $3.32 M -$8.26 M
EBITDA Ratio 0.04 -0.03 -0.09 -0.19 -0.1 -0.29 -0.34 0.02 -0.1
Operating Income Ratio -0.14 -0.19 -0.26 -0.23 -0.26 -0.41 -0.44 -0.07 -0.2
Total Other Income/Expenses Net $83.19 M $7.62 M $6.52 M -$120.67 M -$24.48 M $3.23 M -$1.19 M $15.00 K -$236.00 K
Income Before Tax -$144.87 M -$243.26 M -$242.23 M -$268.88 M -$134.97 M -$115.01 M -$86.09 M -$9.72 M -$17.27 M
Income Before Tax Ratio -0.09 -0.19 -0.25 -0.41 -0.31 -0.4 -0.45 -0.07 -0.2
Income Tax Expense -$66.07 M -$59.31 M -$48.85 M -$8.57 M -$15.60 M -$9.19 M $1.08 M $1.03 M $69.00 K
Net Income -$78.80 M -$183.95 M -$193.38 M -$260.31 M -$119.37 M -$105.83 M -$87.16 M -$10.75 M -$17.33 M
Net Income Ratio -0.05 -0.14 -0.2 -0.4 -0.28 -0.37 -0.45 -0.08 -0.2
EPS -0.23 -0.55 -0.59 -0.83 -0.4 -0.35 -0.37 -0.0428 -0.073
EPS Diluted -0.23 -0.55 -0.59 -0.83 -0.4 -0.35 -0.37 -0.0428 -0.073
Weighted Average Shares Out $341.41 M $333.66 M $326.33 M $312.32 M $299.77 M $300.17 M $237.32 M $251.09 M $237.32 M
Weighted Average Shares Out Diluted $341.41 M $333.66 M $326.33 M $312.32 M $299.77 M $300.17 M $237.32 M $251.09 M $237.32 M
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