Cloudflare, Inc.
Profit Margins
| Period | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| Sep 2018 | 77.6% | -72.8% | -75.9% |
| Mar 2019 | 76.7% | -27.8% | -27.7% |
| Jun 2019 | 78.0% | -29.3% | -29.2% |
| Sep 2019 | 78.3% | -55.6% | -55.3% |
| Dec 2019 | 78.3% | -35.7% | -33.5% |
| Mar 2020 | 77.2% | -39.5% | -35.9% |
| Jun 2020 | 75.8% | -24.8% | -26.2% |
| Sep 2020 | 76.3% | -18.6% | -23.2% |
| Dec 2020 | 76.9% | -19.6% | -27.0% |
| Mar 2021 | 76.8% | -22.6% | -28.9% |
| Jun 2021 | 77.0% | -18.9% | -23.3% |
| Sep 2021 | 78.2% | -15.4% | -62.3% |
| Dec 2021 | 78.0% | -21.2% | -40.0% |
| Mar 2022 | 77.8% | -18.9% | -19.5% |
| Jun 2022 | 76.2% | -27.5% | -27.1% |
| Sep 2022 | 75.6% | -18.1% | -16.8% |
| Dec 2022 | 75.3% | -18.5% | -16.7% |
| Mar 2023 | 75.7% | -16.3% | -13.1% |
| Jun 2023 | 75.6% | -18.2% | -30.6% |
| Sep 2023 | 76.7% | -11.7% | -7.0% |
| Dec 2023 | 77.0% | -11.8% | -7.7% |
| Mar 2024 | 77.5% | -14.4% | -9.4% |
| Jun 2024 | 77.8% | -8.7% | -3.8% |
| Sep 2024 | 77.7% | -7.2% | -3.6% |
| Dec 2024 | 76.4% | -7.5% | -2.8% |
| Mar 2025 | 75.9% | -11.1% | -8.0% |
| Jun 2025 | 74.9% | -13.1% | -9.8% |
| Sep 2025 | 74.0% | -6.7% | -0.2% |
| Dec 2025 | 73.6% | -8.0% | -2.0% |
| Mar 2026 | 71.2% | -9.7% | -3.6% |
| Jun 2026 | 71.8% | -29.6% | -24.4% |