Company profile · Software
Cloudflare, Inc. (NET)
NYSE: NET · San Francisco, CA · Data from SEC filings, updated Oct 6, 2026
Overview
Cloudflare, Inc. trades on NYSE under the ticker NET and is classified by RoxMag in the Software segment (SEC industry code 7372, Services-Prepackaged Software). Its principal executive offices are in San Francisco, CA. The company was founded in 2009. In its annual report for the fiscal year ended December 31, 2025, it reported revenue of $2.17 billion and a net loss of $102.3 million. By public float it ranks #19 of the 153 software companies profiled on RoxMag.
Cloudflare, Inc., is an American technology company headquartered in San Francisco, California, that provides a range of internet services, including content delivery network (CDN) services, cloud cybersecurity, DDoS mitigation, and ICANN-accredited domain registration. The company's services act primarily as a reverse proxy between website visitors and a customer's hosting provider, improving performance and protecting against malicious traffic.
Financial history
Annual figures as reported in Cloudflare, Inc.'s 10-K filings (US dollars).
- Revenue growth
- 29.8%
- vs prior year, FY2025
- Net margin
- -4.7%
- net income ÷ revenue, FY2025
- Operating margin
- -9.6%
- operating income ÷ revenue, FY2025
- R&D share of revenue
- 23.6%
- R&D ÷ revenue, FY2025
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $2.2B | $1.7B | $1.3B | $975.2M | $656.4M |
| Gross profit | $1.6B | $1.3B | $989.7M | $742.6M | $509.3M |
| Operating income | -$207.2M | -$154.8M | -$185.5M | -$201.2M | -$127.7M |
| Net income | -$102.3M | -$78.8M | -$183.9M | -$193.4M | -$260.3M |
| Research & development | $512.5M | $421.4M | $358.1M | $298.3M | $189.4M |
| Total assets | $6.0B | $3.3B | $2.8B | $2.6B | $2.4B |
| Stockholders' equity | $1.5B | $1.0B | $763.0M | $624.0M | $811.4M |
| Cash & equivalents | $943.5M | $147.7M | $86.9M | $204.2M | $313.8M |
Fiscal-year labels follow the calendar year in which each fiscal year ends. Margins and growth are calculated by RoxMag from the reported figures.
Recent SEC filings
Sources & method
Company identity, address, filings, financial figures, share counts and public float come from the company's own filings with the U.S. Securities and Exchange Commission (EDGAR). Website, founding year, chief executive and employee count come from Wikidata where available; the overview excerpt is from Wikipedia. Fields without a public source are left blank. RoxMag does not estimate figures. This page is general information, not investment advice — see our disclaimer and editorial policy.