Revenue for Cloudflare (NET)
According to Cloudflare's latest reported financial statements, the company's current revenue (TTM) is $2.17B USD. Revenue is the total income from selling goods or services before any expenses. Unlike net income (earnings), revenue does not subtract operating costs, taxes, or other charges. Figures are in USD; chart and tables below use historical filings (not a live revenue-per-second estimate).
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

NET
Currently viewingRevenueSwitch metric
TTM (last 4 quarters)
$2.17B
YoY change
+29.8%
5Y CAGR
+38.1%
Peak year (2025)
$2.17B
Cumulative revenue
$7.90B
Revenue history chart for Cloudflare (NET) from 2016 to 2025
Revenue history table for Cloudflare (NET) from 2016 to 2025
| Fiscal year | Period ended | Reported | Revenue | YoY |
|---|---|---|---|---|
| 2025 | $2.17B | +29.8% | ||
| 2024 | $1.67B | +28.8% | ||
| 2023 | $1.30B | +33.0% | ||
| 2022 | $975.24M | +48.6% | ||
| 2021 | $656.43M | +52.3% | ||
| 2020 | $431.06M | +50.2% | ||
| 2019 | $287.02M | +49.0% | ||
| 2018 | $192.67M | +42.8% | ||
| 2017 | $134.91M | +59.1% | ||
| 2016 | $84.79M | — |
Revenue 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
Cloudflare (NET) most recent annual revenue stands at $2.17B (2025) – grew 29.8% year-over-year.
Cloudflare revenue compound annual growth for the 2020–2025 (5 years) window is +38.1%, sustaining 9 straight years of year-over-year growth.
Across the available history, revenue reached its high of $2.17B in 2025 and its low of $84.79M in 2016.
Within Technology, Cloudflare (NET) ranks 9th among 8 peers we track. The peer median for revenue is $139.91B.
Cloudflare Revenue by Year
Cloudflare Revenue 2025: $2.17B
Cloudflare revenue in 2025 was $2.17B, grew 29.8% from 2024. This figure represents the highest annual value in the available history.
Cloudflare Revenue 2024: $1.67B
Cloudflare revenue in 2024 was $1.67B, grew 28.8% from 2023.
Cloudflare Revenue 2023: $1.30B
Cloudflare revenue in 2023 was $1.30B, surged 33.0% from 2022.
Cloudflare Revenue 2022: $975.24M
Cloudflare revenue in 2022 was $975.24M, surged 48.6% from 2021.
Cloudflare Revenue 2021: $656.43M
Cloudflare revenue in 2021 was $656.43M.
See more financial history for Cloudflare (NET).
Sector peers — Revenue
Companies in the same sector as Cloudflare, ranked by their latest revenue.
| Company | Revenue | Sector |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | $3.85T | Technology |
| Apple Inc. (AAPL) | $416.16B | Technology |
| Microsoft Corporation (MSFT) | $281.72B | Technology |
| NVIDIA Corporation (NVDA) | $215.94B | Technology |
| Broadcom Inc. (AVGO) | $63.89B | Technology |
| Micron Technology, Inc. (MU) | $37.38B | Technology |
| Advanced Micro Devices, Inc. (AMD) | $34.64B | Technology |
| ASML Holding N.V. (ASML) | $32.67B | Technology |
Frequently asked questions
What is Cloudflare's revenue?
- Latest reported revenue for Cloudflare (NET) is $2.17B (period ending December 31, 2025).
How has Cloudflare revenue changed year-over-year?
- Cloudflare (NET) revenue changed +29.8% year-over-year on the latest annual filing.
What is the long-term growth rate of Cloudflare revenue?
- Cloudflare (NET) revenue compound annual growth rate is +38.1% over the most recent 5 years available.
When did Cloudflare revenue hit its highest annual value?
- Cloudflare revenue reached its highest annual value of $2.17B in 2025.
What was Cloudflare revenue in 2024?
- Cloudflare (NET) revenue in 2024 was $1.67B.
What was Cloudflare revenue in 2025?
- Cloudflare (NET) revenue in 2025 was $2.17B.
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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