TTM
-$216M
YoY change
+33.9%
5Y CAGR
—
Peak year (FY2017)
-$9.73M
Cumulative operating income
-$1.26B
Operating Income history chart for Cloudflare (NET) from 2016 to 2025
Latest: -$207M
Operating Income growth chart for Cloudflare (NET) from 2016 to 2025
Latest: +33.9%
Operating Income history table for Cloudflare (NET) from 2016 to 2025
| FY2025 | -$207M | +33.9% | -$52.4M | ||
| FY2024 | -$155M | -16.6% | +$30.7M | ||
| FY2023 | -$185M | -7.8% | +$15.7M | ||
| FY2022 | -$201M | +57.6% | -$73.5M | ||
| FY2021 | -$128M | +19.6% | -$20.9M | ||
| FY2020 | -$107M | -1.1% | +$1.18M | ||
| FY2019 | -$108M | +27.1% | -$23M | ||
| FY2018 | -$84.9M | +772.5% | -$75.2M | ||
| FY2017 | -$9.73M | -42.9% | +$7.3M | ||
| FY2016 | -$17M | — | — |
- FY2025-$207M+33.9%
- FY2024-$155M-16.6%
- FY2023-$185M-7.8%
- FY2022-$201M+57.6%
- FY2021-$128M+19.6%
- FY2020-$107M-1.1%
- FY2019-$108M+27.1%
- FY2018-$84.9M+772.5%
- FY2017-$9.73M-42.9%
- FY2016-$17M—
Operating Income values are taken from Cloudflare's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Operating Income at Cloudflare (NET)
According to Cloudflare's latest reported financial statements, the company's current operating income (TTM) is -$216M. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Cloudflare (NET) most recent annual operating income stands at -$207M (2025) – surged 33.9% year-over-year.
Across the available history, operating income reached its high of -$9.73M in 2017 and its low of -$207M in 2025.
Cloudflare Operating Income by Year
Cloudflare Operating Income 2025: -$207M
2025's operating income for Cloudflare came in at -$207M, surged 33.9% from 2024. This figure represents the lowest annual value in the available history.
Cloudflare Operating Income 2024: -$155M
Cloudflare posted operating income of -$155M in 2024, declined 16.6% below 2023.
Cloudflare Operating Income 2023: -$185M
In 2023, Cloudflare reported operating income of -$185M, declined 7.8% below 2022.
Cloudflare Operating Income 2022: -$201M
Cloudflare operating income in 2022 was -$201M, surged 57.6% from 2021.
Cloudflare Operating Income 2021: -$128M
Cloudflare operating income in 2021 was -$128M.
See more financial history for Cloudflare (NET).
Sector peers by Operating Income
Technology peers of Cloudflare (NET), ranked by their latest operating income
| $155B | |
| $133B | |
| $130B | |
| $63.1B | |
| $25.5B | |
| $9.87B | |
| $3.69B |
- $155B
- $133B
- $130B
- $63.1B
- $25.5B
- $9.87B
- $3.69B
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