Operating Income

Gross Profit

Cloudflare, Inc. Gross Profit increased by 0.7% to $455.60M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 25.3%, from $363.51M to $455.60M. Over 4 years (FY 2021 to FY 2025), Gross Profit shows an upward trend with a 33.5% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementIncome Statement
SectionOperating Income
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ1 2017
Last reportedQ1 2026May 8, 2026

How to read this metric

An increase suggests improved manufacturing efficiency, favorable product mix, or higher pricing power, while a decrease may indicate rising raw material costs, supply chain inefficiencies, or competitive pricing pressure.

Detailed definition

Gross profit represents the residual earnings a company retains after deducting the direct costs associated with produci...

Peer comparison

Peers in the medical device and diagnostics sector typically maintain high gross margins due to intellectual property and specialized manufacturing, though these vary based on the specific product mix of nutritionals versus high-tech devices.

Metric ID: gross_profit

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$117.40M$134.82M$151.10M$165.12M$178.71M$191.89M$206.91M$219.74M$233.27M$257.53M$279.19M$293.56M$311.99M$334.12M$351.26M$363.51M$383.64M$415.71M$452.55M$455.60M
QoQ Change+14.8%+12.1%+9.3%+8.2%+7.4%+7.8%+6.2%+6.2%+10.4%+8.4%+5.1%+6.3%+7.1%+5.1%+3.5%+5.5%+8.4%+8.9%+0.7%
YoY Change+52.2%+42.3%+36.9%+33.1%+30.5%+34.2%+34.9%+33.6%+33.7%+29.7%+25.8%+23.8%+23.0%+24.4%+28.8%+25.3%
Range$117.40M$455.60M
CAGR+33.0%
Avg YoY Growth+32.0%
Median YoY Growth+31.8%
Current Streak19+ quarters growth

Frequently Asked Questions

What is Cloudflare, Inc.'s gross profit?
Cloudflare, Inc. (NET) reported gross profit of $455.60M in Q1 2026.
How has Cloudflare, Inc.'s gross profit changed year-over-year?
Cloudflare, Inc.'s gross profit increased by 25.3% year-over-year, from $363.51M to $455.60M.
What is the long-term trend for Cloudflare, Inc.'s gross profit?
Over 4 years (2021 to 2025), Cloudflare, Inc.'s gross profit has grown at a 33.5% compound annual growth rate (CAGR), from $509.29M to $1.62B.
What does gross profit mean?
The total revenue earned from sales minus the direct costs required to manufacture and deliver those products.