Cloudflare (NET) Revenue & Revenue Breakdown
Cloudflare Revenue Highlights
Latest Revenue (Y)
$2.17B
Latest Revenue (Q)
$430.08M
Main Segment (Y)
Reportable Segment
Main Geography (Y)
UNITED STATES
Cloudflare Revenue by Period
Cloudflare Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2025-12-31 | $2.17B | 29.85% |
| 2024-12-31 | $1.67B | 28.76% |
| 2023-12-31 | $1.30B | 32.97% |
| 2022-12-31 | $975.24M | 48.57% |
| 2021-12-31 | $656.43M | 52.28% |
| 2020-12-31 | $431.06M | 50.18% |
| 2019-12-31 | $287.02M | 48.97% |
| 2018-12-31 | $192.67M | 42.81% |
| 2017-12-31 | $134.91M | 59.11% |
| 2016-12-31 | $84.79M | - |
Cloudflare generated $2.17B in revenue during NA 2025, up 29.85% compared to the previous quarter, and up 502.93% compared to the same period a year ago.
Cloudflare Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2025-09-30 | $430.08M | -16.05% |
| 2025-06-30 | $512.32M | 6.94% |
| 2025-03-31 | $479.09M | 4.16% |
| 2024-12-31 | $459.95M | 6.94% |
| 2024-09-30 | $430.08M | 7.25% |
| 2024-06-30 | $401.00M | 5.91% |
| 2024-03-31 | $378.60M | 4.45% |
| 2023-12-31 | $362.47M | 8.01% |
| 2023-09-30 | $335.60M | 8.79% |
| 2023-06-30 | $308.49M | 6.31% |
| 2023-03-31 | $290.18M | 5.63% |
| 2022-12-31 | $274.70M | 8.21% |
| 2022-09-30 | $253.86M | 8.25% |
| 2022-06-30 | $234.52M | 10.53% |
| 2022-03-31 | $212.17M | 9.59% |
| 2021-12-31 | $193.60M | 12.33% |
| 2021-09-30 | $172.35M | 13.07% |
| 2021-06-30 | $152.43M | 10.41% |
| 2021-03-31 | $138.06M | 9.63% |
| 2020-12-31 | $125.93M | 10.30% |
| 2020-09-30 | $114.16M | 14.48% |
| 2020-06-30 | $99.72M | 9.28% |
| 2020-03-31 | $91.25M | 8.72% |
| 2019-12-31 | $83.93M | 13.51% |
| 2019-09-30 | $73.94M | 9.67% |
| 2019-06-30 | $67.42M | 9.23% |
| 2019-03-31 | $61.73M | 11.22% |
| 2018-12-31 | $55.50M | 10.84% |
| 2018-09-30 | $50.07M | 10.58% |
| 2018-06-30 | $45.28M | 8.27% |
| 2018-03-31 | $41.82M | - |
Cloudflare generated $430.08M in revenue during Q3 2025, up -16.05% compared to the previous quarter, and up 107.25% compared to the same period a year ago.
Cloudflare Revenue Breakdown
Cloudflare Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 25 | Dec 24 |
|---|---|---|
| Reportable Segment | $2.17B | $1.67B |
Cloudflare's latest annual revenue breakdown by segment (product or service), as of Dec 25: Reportable Segment (100.00%).
Quarterly Revenue by Product
| Product/Service | Dec 25 | Sep 25 | Jun 25 | Mar 25 |
|---|---|---|---|---|
| Reportable Segment | $614.51M | $562.03M | $512.32M | $479.09M |
Cloudflare's latest quarterly revenue breakdown by segment (product or service), as of Dec 25: Reportable Segment (100.00%).
Cloudflare Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Other Geographical Regions | $166.56M | $130.39M | $93.17M | $67.88M | $45.18M |
| EMEA | $598.62M | $466.50M | $356.57M | $258.29M | $172.13M |
| UNITED STATES | $1.07B | $849.50M | $678.18M | $515.72M | $342.58M |
| Asia Pacific | $329.76M | $223.23M | $168.83M | $133.35M | $96.54M |
Cloudflare's latest annual revenue breakdown by geography, as of Dec 25: UNITED STATES (49.49%), EMEA (27.61%), Asia Pacific (15.21%), and Other Geographical Regions (7.68%).
Quarterly Revenue by Country
| Country | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asia Pacific | $96.55M | $84.67M | $75.14M | $73.39M | $64.35M | $59.10M | $52.13M | $47.65M | $46.25M | $42.96M | $40.40M | $39.22M | $36.87M | $33.80M | $32.76M | $29.93M | $26.30M | $24.52M | $22.84M | $22.88M |
| EMEA | $168.03M | $153.30M | $143.44M | $133.85M | $128.34M | $121.80M | $110.97M | $105.38M | $101.19M | $92.70M | $84.35M | $78.33M | $73.20M | $68.15M | $61.15M | $55.79M | $51.64M | $45.26M | $39.70M | $35.53M |
| Other Geographical Regions | $46.31M | $41.46M | $41.84M | $36.95M | $36.17M | $34.22M | $30.89M | $29.10M | $26.98M | $24.42M | $22.06M | $19.71M | $19.79M | $16.63M | $16.36M | $15.10M | $14.98M | $11.83M | $9.95M | $8.42M |
| UNITED STATES | $303.61M | $282.60M | $251.89M | $234.89M | $231.07M | $214.96M | $207.01M | $196.46M | $188.06M | $175.52M | $161.69M | $152.92M | $144.83M | $135.28M | $124.26M | $111.35M | $100.68M | $90.73M | $79.94M | $71.22M |
Cloudflare's latest quarterly revenue breakdown by geography, as of Dec 25: UNITED STATES (49.41%), EMEA (27.34%), Asia Pacific (15.71%), and Other Geographical Regions (7.54%).
Cloudflare Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| NTES | NetEase | $103.47B | $26.85B |
| GLW | Corning | $15.63B | $4.10B |
| MRVL | Marvell | $8.19B | $2.07B |
| FTNT | Fortinet | $6.80B | $1.72B |
| SNPS | Synopsys | $5.84B | $2.41B |
| CDNS | Cadence Design Systems | $5.30B | $1.34B |
| CRWV | CoreWeave, Inc. Class A | $5.13B | $1.36B |
| SNOW | Snowflake | $3.63B | $1.21B |
| ZS | Zscaler | $2.67B | $815.75M |
| NET | Cloudflare | $2.17B | $430.08M |
| MSTR | Strategy | $477.23M | $128.69M |