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Cloudflare's Revenue (2016 - 2025)

  • Cloudflare's annual revenue was $2.17 B in fiscal year 2025. The annual revenue increased $498.31 M from $1.67 B (in 2024) to $2.17 B (in 2025), representing a 29.85% year-over-year growth.

  • Cloudflare's quarterly revenue was $639.76 M in the quarter ending Mar 2026. The quarterly revenue increased $160.67 M from $479.09 M (in Q1: Dec 2025) to $639.76 M (in Q1: Dec 2026), representing a 33.54% year-over-year growth.

    • Over the past 10 years (2016 - 2025):
  • The highest annual revenue for Cloudflare was $2.17 B in fiscal year 2025.
  • The lowest annual revenue was $134.92 M in fiscal year 2017.
  • The average revenue was $867.96 M.

    • Learn more about Cloudflare's Revenue by Segment and Revenue by Region.

    Check out competitors to Cloudflare in a side-by-side comparison.

    Explore additional financial metrics for Cloudflare.


    Definition of Revenue :
  • Revenue is the amount of money generated by a business from sales of its goods or services. Refer to our glossary for more details, examples, and formulas.
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Cloudflare's Revenue Trend

2025

Cloudflare's annual revenue was $2.17 B in fiscal year 2025.

Cloudflare's quarterly revenue was $479.09 M(Q1: Mar 2025), $512.32 M(Q2: Jun 2025), $430.08 M(Q3: Sep 2025), $614.51 M(Q4: Dec 2025) in fiscal year 2025.

2024

Cloudflare's annual revenue was $1.67 B in fiscal year 2024.

Cloudflare's quarterly revenue was $378.60 M(Q1: Mar 2024), $401.00 M(Q2: Jun 2024), $430.08 M(Q3: Sep 2024), $459.95 M(Q4: Dec 2024) in fiscal year 2024.

2023

Cloudflare's annual revenue was $1.30 B in fiscal year 2023.

Cloudflare's quarterly revenue was $290.18 M(Q1: Mar 2023), $308.49 M(Q2: Jun 2023), $335.60 M(Q3: Sep 2023), $362.47 M(Q4: Dec 2023) in fiscal year 2023.

2022

Cloudflare's annual revenue was $975.24 M in fiscal year 2022.

Cloudflare's quarterly revenue was $212.17 M(Q1: Mar 2022), $234.52 M(Q2: Jun 2022), $253.86 M(Q3: Sep 2022), $274.70 M(Q4: Dec 2022) in fiscal year 2022.

2021

Cloudflare's annual revenue was $656.43 M in fiscal year 2021.

Cloudflare's quarterly revenue was $138.06 M(Q1: Mar 2021), $152.43 M(Q2: Jun 2021), $172.35 M(Q3: Sep 2021), $193.60 M(Q4: Dec 2021) in fiscal year 2021.

2020

Cloudflare's annual revenue was $431.06 M in fiscal year 2020.

Cloudflare's quarterly revenue was $91.25 M(Q1: Mar 2020), $99.72 M(Q2: Jun 2020), $114.16 M(Q3: Sep 2020), $125.93 M(Q4: Dec 2020) in fiscal year 2020.

2019

Cloudflare's annual revenue was $287.02 M in fiscal year 2019.

Cloudflare's quarterly revenue was $61.73 M(Q1: Mar 2019), $67.42 M(Q2: Jun 2019), $73.94 M(Q3: Sep 2019), $83.93 M(Q4: Dec 2019) in fiscal year 2019.

2018

Cloudflare's annual revenue was $192.67 M in fiscal year 2018.

Cloudflare's quarterly revenue was $41.82 M(Q1: Mar 2018), $45.28 M(Q2: Jun 2018), $50.07 M(Q3: Sep 2018), $55.50 M(Q4: Dec 2018) in fiscal year 2018.

2017

Cloudflare's annual revenue was $134.92 M in fiscal year 2017.

in fiscal year 2017.

2016

Cloudflare's annual revenue was $84.79 M in fiscal year 2016.

in fiscal year 2016.

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Cloudflare's Revenue (Year-over-Year Change)

2016 0
2017 +59.11
2018 +42.81
2019 +48.97
2020 +50.18
2021 +52.28
2022 +48.57
2023 +32.97
2024 +28.76
2025 +29.85

2025

Cloudflare’s annual revenue increased +29.85% during fiscal year 2025 compared to 2024. It represents a growth of $498.31 M from $1.67 B (in 2024) to $2.17 B (in 2025).

2024

Cloudflare’s annual revenue increased +28.76% during fiscal year 2024 compared to 2023. It represents a growth of $372.88 M from $1.30 B (in 2023) to $1.67 B (in 2024).

2023

Cloudflare’s annual revenue increased +32.97% during fiscal year 2023 compared to 2022. It represents a growth of $321.50 M from $975.24 M (in 2022) to $1.30 B (in 2023).

2022

Cloudflare’s annual revenue increased +48.57% during fiscal year 2022 compared to 2021. It represents a growth of $318.82 M from $656.43 M (in 2021) to $975.24 M (in 2022).

2021

Cloudflare’s annual revenue increased +52.28% during fiscal year 2021 compared to 2020. It represents a growth of $225.37 M from $431.06 M (in 2020) to $656.43 M (in 2021).

2020

Cloudflare’s annual revenue increased +50.18% during fiscal year 2020 compared to 2019. It represents a growth of $144.04 M from $287.02 M (in 2019) to $431.06 M (in 2020).

2019

Cloudflare’s annual revenue increased +48.97% during fiscal year 2019 compared to 2018. It represents a growth of $94.35 M from $192.67 M (in 2018) to $287.02 M (in 2019).

2018

Cloudflare’s annual revenue increased +42.81% during fiscal year 2018 compared to 2017. It represents a growth of $57.76 M from $134.92 M (in 2017) to $192.67 M (in 2018).

2017

Cloudflare’s annual revenue increased +59.11% during fiscal year 2017 compared to 2016. It represents a growth of $50.12 M from $84.79 M (in 2016) to $134.92 M (in 2017).

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Cloudflare Revenue History

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Period Revenue Year-over-Year Change
FY 2025
$2.17 B $498.31 M 29.85%
Q4: Dec 25 $614.51 M $154.56 M 33.6%
Q3: Sep 25 $430.08 M - 0%
Q2: Jun 25 $512.32 M $111.32 M 27.76%
Q1: Mar 25 $479.09 M $100.49 M 26.54%
FY 2024
$1.67 B $372.88 M 28.76%
Q4: Dec 24 $459.95 M $97.47 M 26.89%
Q3: Sep 24 $430.08 M $94.48 M 28.15%
Q2: Jun 24 $401.00 M $92.50 M 29.99%
Q1: Mar 24 $378.60 M $88.43 M 30.47%
FY 2023
$1.30 B $321.50 M 32.97%
Q4: Dec 23 $362.47 M $87.77 M 31.95%
Q3: Sep 23 $335.60 M $81.75 M 32.2%
Q2: Jun 23 $308.49 M $73.98 M 31.54%
Q1: Mar 23 $290.18 M $78.01 M 36.77%
FY 2022
$975.24 M $318.82 M 48.57%
Q4: Dec 22 $274.70 M $81.10 M 41.89%
Q3: Sep 22 $253.86 M $81.51 M 47.29%
Q2: Jun 22 $234.52 M $82.09 M 53.85%
Q1: Mar 22 $212.17 M $74.11 M 53.68%
FY 2021
$656.43 M $225.37 M 52.28%
Q4: Dec 21 $193.60 M $67.67 M 53.74%
Q3: Sep 21 $172.35 M $58.19 M 50.97%
Q2: Jun 21 $152.43 M $52.71 M 52.85%
Q1: Mar 21 $138.06 M $46.81 M 51.29%
FY 2020
$431.06 M $144.04 M 50.18%
Q4: Dec 20 $125.93 M $42.00 M 50.04%
Q3: Sep 20 $114.16 M $40.22 M 54.4%
Q2: Jun 20 $99.72 M $32.30 M 47.9%
Q1: Mar 20 $91.25 M $29.52 M 47.83%
FY 2019
$287.02 M $94.35 M 48.97%
Q4: Dec 19 $83.93 M $28.43 M 51.23%
Q3: Sep 19 $73.94 M $23.87 M 47.68%
Q2: Jun 19 $67.42 M $22.14 M 48.9%
Q1: Mar 19 $61.73 M $19.90 M 47.59%
FY 2018
$192.67 M $57.76 M 42.81%
Q4: Dec 18 $55.50 M -
Q3: Sep 18 $50.07 M -
Q2: Jun 18 $45.28 M -
Q1: Mar 18 $41.82 M -
FY 2017
$134.92 M $50.12 M 59.11%

Frequently Asked Questions

What is the annual revenue of Cloudflare?

In fiscal year 2025, Cloudflare's revenue was $2.17 Billion.

How much did Cloudflare's revenue change in the last year?

Cloudflare's revenue increased by +29.85% (+$498.31 Million) in 2025 compared to 2024.

What is Cloudflare's most recent quarterly revenue?

In the first quarter (Q1) of 2026, Cloudflare reported a revenue of $639.76 Million.

What is Cloudflare's revenue per share (TTM)?

Cloudflare's revenue per share over the trailing twelve months is $6.60.

What is Cloudflare's revenue per employee?

In the fiscal year 2025, Cloudflare's revenue per employee was $420.47 K.

What is the annual net income of Cloudflare?

In fiscal year 2025, Cloudflare's net income was -$102.27 Million.

What is Cloudflare's biggest product segment, and what is its revenue?

Reportable Segment is Cloudflare's biggest product segment, generating $2.17 Billion in revenue for fiscal year 2025.

What is Cloudflare's net income per employee?

In the fiscal year 2025, Cloudflare's net income per employee was -$19.83 K.

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