Cloudflare, Inc. (NET) Earnings History
Net Loss9 years of earnings data (2017–2025) · Currently unprofitable on a TTM basis
Loading earnings history...
Cloudflare, Inc. (NET) Earnings Overview
As of September 23, 2026, Cloudflare, Inc. (NET) reported trailing twelve-month net income of -$206M, reflecting -26.1% year-over-year growth. The company earned $-0.58 per diluted share over the past four quarters, with a net profit margin of -4.7%.
Looking at the long-term picture, NET's historical earnings data spans multiple years. The company achieved its highest annual net income of -$11M in fiscal 2017.
Cloudflare, Inc. is currently reporting a net loss, though operating performance should be evaluated in the context of growth investments and industry dynamics View revenue history →
Compared to peers including FSLY (-$81M net income, -19.5% margin), AKAM ($411M net income, 10.7% margin), BAND ($2M net income, -1.7% margin), NET has outperformed on profitability metrics. Compare NET vs FSLY →
NET Earnings vs Peers
Earnings metrics vs comparable public companies
NET Historical Earnings Data (2017–2025)
9 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | -$102M | -29.8% | -$207M | $-0.29 | -4.7% | -9.6% |
| 2024 | -$79M | +57.2% | -$155M | $-0.23 | -4.7% | -9.3% |
| 2023 | -$184M | +4.9% | -$185M | $-0.55 | -14.2% | -14.3% |
| 2022 | -$193M | +25.7% | -$201M | $-0.59 | -19.8% | -20.6% |
| 2021 | -$260M | -118.1% | -$128M | $-0.83 | -39.7% | -19.5% |
| 2020 | -$119M | -12.8% | -$107M | $-0.40 | -27.7% | -24.8% |
| 2019 | -$106M | -21.4% | -$108M | $-0.35 | -36.9% | -37.6% |
| 2018 | -$87M | -711.0% | -$85M | $-0.37 | -45.2% | -44.1% |
| 2017 | -$11M | - | -$10M | $-0.04 | -8.0% | -7.2% |
Download Data
Export NET earnings history in CSV or JSON format
Free sign-in required to download data
NET Chart Terminal
Live VCP patterns, Cup & Handle overlays, support/resistance, and AI trade plans.
Live Breakouts Feed
High-probability breakout stocks crossing their pivot across 5 pattern engines.
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
9+ years return with dividends reinvested.
Peer Comparison
Compare growth, multiples, and margins vs sector.
NET — Frequently Asked Questions
Quick answers to the most common questions about buying NET stock.
What is NET earnings per share (EPS)?
NET trailing twelve-month (TTM) diluted EPS is $-0.58, reflecting -26.1% year-over-year growth. The 5-year EPS CAGR is N/A. Complete EPS history from 2017 to 2025 is available in the table on this page.
What is Cloudflare, Inc.'s net income?
Cloudflare, Inc. (NET) trailing twelve-month net income is $-206M as of 2025. Earnings declined -26.1% year-over-year.
Is NET profitable?
NET is not currently profitable on a TTM basis, reporting a net loss of $-206M. Net margin is -4.7%. Investors should monitor for a return to profitability.
What is NET's earnings growth rate?
NET compound annual EPS growth rates (CAGR): 1-Year: N/A, 3-Year: N/A, 5-Year: N/A, 10-Year: N/A. These figures measure the annualised rate of diluted EPS growth over each period, based on data from 2017 to 2025.
What are NET's profit margins?
Cloudflare, Inc. net profit margin is -4.7%, operating margin is -9.6%, and gross margin is +74.5%. Below-average margins reflect competitive or cost pressures. Return on Equity is -8.2%.
Is NET growing earnings?
NET earnings are declining — EPS fell -26.1% year-over-year. TTM net income dropped to $-206M. This contrasts with the 5-year CAGR of N/A.
What was NET's best earnings year?
Cloudflare, Inc.'s highest annual net income on record is $-11M, achieved in fiscal year 2017. Earnings history on this page spans 2017 to 2025 and includes all annual and quarterly figures.
What were NET's earnings last quarter?
NET's most recent reported quarter was Q2 2026. Net income was $-170M with diluted EPS of $-0.48. For a full breakdown of all quarters, see the quarterly earnings table on this page.