FY2025 · ended Dec 31, 2025 · Revenue $2.17B, +29.8% YoY · Filed Feb 26, 2026
Cloudflare, Inc. (NET) files with the SEC under industry code 7372, Services-Prepackaged Software. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $2.2 billion and a net loss of $102.3 million. Free cash flow was $287.5 million. As of Jun 30, 2026 it held $4.2 billion in cash and investments and $259.1 million in total debt.
Revenue (TTM)
$2.51B
+33.5% vs year-ago TTM
Net income (TTM)
$-206.28M
-76.2% vs year-ago TTM
Operating cash flow (TTM)
$633.43M
+32.6% vs year-ago TTM
Free cash flow (TTM)
$348.40M
+67.1% vs year-ago TTM
EPS (TTM)
$-0.59
-72.7% vs year-ago TTM
Dividend per share
None
Shares outstanding
—
Net cash
$3.90B
as of Jun 30, 2026
Operating margin
-14.1%
FY 2026
Company profile
- Industry
- Services-Prepackaged Software (SIC 7372)
- Listed as
- NET (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- San Francisco, CA
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1477333
Other Services-Prepackaged Software companies
- Microsoft Corp MSFT
- Palantir Technologies Inc. PLTR
- Oracle Corp ORCL
- Sap SE SAP
- CrowdStrike Holdings, Inc. CRWD
- Shopify Inc. SHOP
- Salesforce, Inc. CRM
- ServiceNow, Inc. NOW
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $2.2B | $1.7B | $1.3B | $975.2M | $656.4M |
| Operating income | -$207.2M | -$154.8M | -$185.5M | -$201.2M | -$127.7M |
| Net income | -$102.3M | -$78.8M | -$183.9M | -$193.4M | -$260.3M |
| Diluted EPS | -$0.29 | -$0.23 | -$0.55 | -$0.59 | -$0.83 |
| Operating cash flow | $603.1M | $380.4M | $254.4M | $123.6M | $64.6M |
| Free cash flow | $287.5M | $195.4M | $140.0M | -$20.0M | -$28.3M |
| Total assets | $6.0B | $3.3B | $2.8B | $2.6B | $2.4B |
| Total liabilities | $4.6B | $2.3B | $2.0B | $2.0B | $1.6B |
| Stockholders' equity | $1.5B | $1.0B | $763.0M | $624.0M | $811.4M |
| Cash and investments | $4.1B | $1.9B | $1.7B | $1.6B | $1.8B |
| Total debt | $252.9M | $175.9M | $151.8M | $140.9M | $134.2M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Material agreement, New debt, Unregistered share sale, Other events
|
Aug 13, 2026 | Aug 10, 2026 |
| 10-Q | Quarterly report | Aug 6, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations, Regulation FD disclosure
|
Aug 6, 2026 | Aug 6, 2026 |
| 8-K/A |
Amended current report
Officer or director change, Shareholder vote results
|
Jul 1, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Officer or director change, Shareholder vote results
|
Jun 30, 2026 | Jun 30, 2026 |
| ARS | Annual report to shareholders | Jun 9, 2026 | Dec 31, 2025 |
All 1001 Cloudflare, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.