Cloudflare revenue and financials

NET · NYSE · USD

$366.92+2.07%+$7.43

Close · October 6, 2026

In the fiscal year ended December 2025, Cloudflare reported revenue of $2.17B (+29.85% year over year). The net loss was $102.27M.

Annual revenue · 2025: $2.17B

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Amounts in millions of USD; per-share values in USD; shares in millions.

Balance sheet · Quarterly
Item	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023
Total assets	6,474	6,164	6,036	5,786	5,562	3,721	3,301	3,063	2,917	2,802	2,760	2,590
Current assets	4,778	4,716	4,645	4,537	4,406	2,624	2,269	2,164	2,093	2,016	1,983	1,858
Cash and equivalents	1,664	932	944	1,053	1,519	204	148	183	157	254	86.9	94.1
Short-term investments	2,499	3,232	3,158	2,991	2,441	1,710	1,708	1,641	1,600	1,462	1,587	1,480
Receivables	450	404	406	375	329	302	333	266	263	225	259	249
Net property, plant and equipment	950	874	856	810	732	691	635	547	480	470	461	435
Goodwill	376	233	227	181	181	181	181	157	156	148	148	148
Other intangible assets	57.4	38.3	41.8	18.4	22.1	23.9	21.9	19.2	21.7	14.3	19.6	17.8
Current liabilities	2,628	2,411	2,351	2,223	858	821	794	642	596	574	567	478
Accounts payable	127	58.8	84.1	85.9	95.7	93.8	106	74.1	59.5	47.8	53.7	40.6
Long-term debt	1,977	1,976	1,974	1,973	3,261	1,288	1,287	1,286	1,285	1,284	1,283	1,282
Total debt	3,529	3,525	3,518	3,502	3,462	—	—	—	—	—	—	—
Total liabilities	4,854	4,637	4,577	4,439	4,323	2,295	2,255	2,090	2,035	2,004	1,997	1,891
Total equity (incl. minority)	1,620	1,527	1,459	1,347	1,240	1,426	1,046	973	882	797	763	699
Retained earnings	-1,398	-1,228	-1,205	-1,193	-1,192	-1,141	-1,103	-1,090	-1,074	-1,059	-1,024	-996