Cloudflare revenue and financials
$359.49Change from previous close: +2.99%Absolute change: +$10.42
In the fiscal year ended December 2025, Cloudflare reported revenue of $2.17B (+29.85% year over year). The net loss was $102.27M.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +29.85%
- 2025 vs 2024
- Net margin
- -4.7%
- 2024: -4.7%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Total assets | 6,036 | 3,301 | 2,760 | 2,588 | 2,372 | 1,381 | 831 |
| Current assets | 4,645 | 2,269 | 1,983 | 1,888 | 1,956 | 1,130 | 690 |
| Cash and equivalents | 944 | 148 | 86.9 | 204 | 314 | 109 | 139 |
| Short-term investments | 3,158 | 1,708 | 1,587 | 1,446 | — | — | — |
| Receivables | 406 | 333 | 259 | 157 | — | — | — |
| Net property, plant and equipment | 856 | 636 | 461 | 419 | — | — | — |
| Goodwill | 227 | 181 | 148 | 148 | 23.5 | 17.2 | 4.1 |
| Other intangible assets | 41.8 | 21.9 | 19.6 | 32.5 | — | — | — |
| Current liabilities | 2,351 | 794 | 567 | 398 | 289 | 141 | 83.9 |
| Accounts payable | 84.1 | 106 | 53.7 | 35.6 | — | — | — |
| Long-term debt | 1,974 | 1,287 | 1,283 | 1,436 | — | — | — |
| Total debt | 3,518 | 1,463 | 1,435 | 1,577 | — | — | — |
| Total liabilities | 4,577 | 2,255 | 1,997 | 1,964 | 1,556 | 564 | 105 |
| Total equity (incl. minority) | 1,459 | 1,046 | 763 | 624 | — | — | — |
| Retained earnings | -1,205 | -1,103 | -1,024 | -840 | — | — | — |