Gross Profit for Cloudflare (NET)
According to Cloudflare's latest reported financial statements, the company's current gross profit (TTM) is $1.62B USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
NET
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TTM (last 4 quarters)
$1.62B
YoY change
+25.0%
5Y CAGR
+37.4%
Peak year (2025)
$1.61B
Cumulative gross profit
$6.02B
Gross Profit history chart for Cloudflare (NET) from 2016 to 2025
Gross Profit history table for Cloudflare (NET) from 2016 to 2025
| Fiscal year | Period ended | Reported | Gross Profit | YoY |
|---|---|---|---|---|
| 2025 | $1.61B | +25.0% | ||
| 2024 | $1.29B | +30.4% | ||
| 2023 | $989.74M | +33.3% | ||
| 2022 | $742.63M | +45.8% | ||
| 2021 | $509.29M | +54.3% | ||
| 2020 | $330.00M | +47.6% | ||
| 2019 | $223.60M | +49.9% | ||
| 2018 | $149.14M | +40.5% | ||
| 2017 | $106.13M | +74.5% | ||
| 2016 | $60.83M | — |
Gross Profit values are taken from Cloudflare's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, Cloudflare (NET) reported gross profit of $1.61B – grew 25.0% year-over-year.
Through 2020–2025 (5 years), Cloudflare gross profit delivered a +37.4% annualised rate; sustaining 9 straight years of year-over-year growth.
2025 marks the peak gross profit at $1.61B, with the historical low of $60.83M recorded in 2016.
Among 8 Technology peers, Cloudflare (NET) ranks 9th; the peer median for gross profit is $98.38B.
Cloudflare Gross Profit by Year
Cloudflare Gross Profit 2025: $1.61B
Cloudflare gross profit in 2025 was $1.61B, grew 25.0% from 2024. This figure represents the highest annual value in the available history.
Cloudflare Gross Profit 2024: $1.29B
Cloudflare gross profit in 2024 was $1.29B, surged 30.4% from 2023.
Cloudflare Gross Profit 2023: $989.74M
Cloudflare gross profit in 2023 was $989.74M, surged 33.3% from 2022.
Cloudflare Gross Profit 2022: $742.63M
Cloudflare gross profit in 2022 was $742.63M, surged 45.8% from 2021.
Cloudflare Gross Profit 2021: $509.29M
Cloudflare gross profit in 2021 was $509.29M.
See more financial history for Cloudflare (NET).
Sector peers — Gross Profit
Companies in the same sector as Cloudflare, ranked by their latest gross profit.
| Company | Gross Profit | Sector |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | $2.30T | Technology |
| Apple Inc. (AAPL) | $195.20B | Technology |
| Microsoft Corporation (MSFT) | $193.89B | Technology |
| NVIDIA Corporation (NVDA) | $153.46B | Technology |
| Broadcom Inc. (AVGO) | $43.29B | Technology |
| ASML Holding N.V. (ASML) | $17.26B | Technology |
| Advanced Micro Devices, Inc. (AMD) | $17.15B | Technology |
| Micron Technology, Inc. (MU) | $14.87B | Technology |
Frequently asked questions
What is Cloudflare's gross profit?
- Latest reported gross profit for Cloudflare (NET) is $1.62B (period ending December 31, 2025).
How has Cloudflare gross profit changed year-over-year?
- Cloudflare (NET) gross profit changed +25.0% year-over-year on the latest annual filing.
What is the long-term growth rate of Cloudflare gross profit?
- Cloudflare (NET) gross profit compound annual growth rate is +37.4% over the most recent 5 years available.
When did Cloudflare gross profit hit its highest annual value?
- Cloudflare gross profit reached its highest annual value of $1.61B in 2025.
What was Cloudflare gross profit in 2024?
- Cloudflare (NET) gross profit in 2024 was $1.29B.
What was Cloudflare gross profit in 2025?
- Cloudflare (NET) gross profit in 2025 was $1.61B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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