Companies: 10,795·Total market cap: $144.5T

Cloudflare, Inc.

Cloudflare, Inc.

NETNYSETechnology● Active

$248.43

$-1.79(-0.71%)

Market Cap$87.8B

P/E Ratio—

52W High$274.63

52W Low$158.83

Avg Volume4.4M

Open$267.87

Beta1.67

Cloudflare, Inc. (NET) Net Income & Profit History

Annual & trailing net income, net margin, YoY change, and peer profitability context.

NET · net income · updated Jun 8, 2026

Core profitability metrics

NET · net income · margin · TTM · CAGR

Net income was −$102.3M for FY2025 (fiscal year ending 2025-12-31), down 29.8% year-over-year. Net profit margin was -4.7%.

FY2025 Net Income−$102.3M▼ -29.8% YoY

Trailing 12M (TTM)−$86.7Mtrailing 4 quarters sum

Net Profit Margin-4.7%−$102.3M ÷ $2.17B

YoY Change-29.8%—

5-Year CAGRN/AN/A — contains loss years

FormulaNet Margin = Net Income ÷ Revenue × 100TTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /income-statement · US GAAP · USDUpdated: Jun 8, 2026

Annual net income history

Net Income (bars) · Net Profit Margin % (line)

Net IncomeNet LossNet Margin %

▸ FMP /income-statement · Annual · NET net income history · NET profit margin

Annual net income data

NET · net income history · annual / quarterly

Fiscal YearNet IncomeYoY ChangeNet MarginRevenue

FY2025Loss−$102.3M▼ 29.8%-4.7%$2.17B

FY2024Loss−$78.8M▲ +57.2%-4.7%$1.67B

FY2023Loss−$183.9M▲ +4.9%-14.2%$1.30B

FY2022Loss−$193.4M▲ +25.7%-19.8%$975.2M

FY2021Loss−$260.3M▼ 118.1%-39.7%$656.4M

Net income vs peers (Technology)

NET vs peers · net income

#CompanyNet IncomeYoYNet MarginRelative

#1

Cloudflare, Inc.YOU

NET

−$102.3M-29.8%-4.7%

Loss

Taiwan Semiconductor Manufacturing Company Limited

$1.74T+49.8%45.1%

NVIDIA Corporation

$120.07B+64.7%55.6%

$112.01B+19.5%26.9%

Microsoft Corporation

$101.83B+15.5%36.1%

$23.13B+292.3%36.2%

Technology · Sorted by Net Income · FMP /income-statementFull Net Income Rankings →

About Net Income & Methodology

Cloudflare, Inc. (NET) reported net income of −$102.3M for FY2025 (fiscal year ending 2025-12-31), down 29.8% year-over-year. The net profit margin was -4.7% — meaning the company kept $-0.05 of every dollar of revenue as profit.

Cloudflare, Inc. has not yet achieved annual profitability based on available data (10 fiscal years). The company has reported net losses across all available periods.

Cloudflare, Inc.'s net profit margin was -4.7% for FY2025, based on the latest annual results.

Investors sometimes search for "Cloudflare, Inc. net worth" — the company's market capitalization is a separate figure from NET net income. Data sourced from FMP /income-statement · US GAAP · USD.

Figures tie to SEC 10-K/10-Q and FMP /income-statement where noted.

Revenue Financial statements Earnings Forecast Price history Market cap Free cash flow

Frequently asked questions

NET net income · 4 questions

Cloudflare, Inc. is not currently profitable on an annual basis. The company reported a net loss of $102.3M for FY2025.

is NET profitabledoes NET make a profitNET profitabilityNET profitable company

▸ Source: FMP /income-statement · GAAP · Cloudflare, Inc. · Cloudflare, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026