Cloudflare, Inc. (NET) Profit Margins
Over the twelve months to 2026-06-30, Cloudflare, Inc. (NET) had gross margin 72.6%, operating margin -14.1%, net margin -8.2%, free cash flow margin 12.5%, according to EquiReason's reading of its SEC filings.
Source: SEC EDGAR filings · figures as of 2026-06-30 · read by EquiReason
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- 116.0B
- P/E TTM
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- Dividend yield
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- 52-week
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- Next earnings
- 5 Nov, in 12 days
| Line | FY2019 Dec 19 | FY2020 Dec 20 | FY2021 Dec 21 | FY2022 Dec 22 | FY2023 Dec 23 | FY2024 Dec 24 | FY2025 Dec 25 | TTM Jun 26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 77.9% | 76.6% | 77.6% | 76.1% | 76.3% | 77.3% | 74.5% | 72.6% | |
| Operating margin | -37.6% | -24.8% | -19.5% | -20.6% | -14.3% | -9.3% | -9.6% | -14.1% | |
| Net margin | -36.9% | -27.7% | -39.7% | -19.8% | -14.2% | -4.7% | -4.7% | -8.2% | |
| FCF margin | -33.5% | -21.4% | -6.6% | -4.1% | 9.2% | 10.0% | 12.0% | 12.5% |
USD billions · SEC XBRL
Cloudflare, Inc. — questions
- What is Cloudflare, Inc.'s gross margin?
- 72.6% over the twelve months to 2026-06-30.
- What is Cloudflare, Inc.'s operating margin?
- -14.1% over the twelve months to 2026-06-30.
- What is Cloudflare, Inc.'s net profit margin?
- -8.2% over the twelve months to 2026-06-30.
Every figure on this page comes from Cloudflare, Inc.'s own SEC filings — see them on SEC EDGAR. Price data is licensed and shown only inside the product.
How these figures are read: methodology · EquiReason.