Operating Income

Operating Income

Cloudflare, Inc. Operating Income decreased by 25.9% to -$61.99M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 16.4%, from -$53.25M to -$61.99M. Over 4 years (FY 2021 to FY 2025), Operating Income shows a downward trend with a 12.9% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

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

How to read this metric

Higher operating income indicates strong operational efficiency and pricing power, while a decline suggests rising costs or weakening demand.

Detailed definition

Operating income is the profit realized from a company's core business operations after deducting all operating expenses...

Peer comparison

A standard benchmark for operational performance; peers are compared based on operating margin percentages.

Metric ID: operating_income

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-$28.87M-$26.49M-$41.06M-$40.02M-$64.54M-$45.95M-$50.69M-$47.27M-$56.17M-$39.21M-$42.83M-$54.55M-$34.70M-$30.79M-$34.72M-$53.25M-$67.26M-$37.46M-$49.23M-$61.99M
QoQ Change+8.2%-55.0%+2.5%-61.3%+28.8%-10.3%+6.7%-18.8%+30.2%-9.2%-27.4%+36.4%+11.3%-12.7%-53.4%-26.3%+44.3%-31.4%-25.9%
YoY Change-123.5%-73.4%-23.4%-18.1%+13.0%+14.7%+15.5%-15.4%+38.2%+21.5%+18.9%+2.4%-93.9%-21.6%-41.8%-16.4%
Range-$67.26M-$26.49M
CAGR+17.5%
Avg YoY Growth-19.0%
Median YoY Growth-15.9%
Current Streak2 quarters decline

Frequently Asked Questions

What is Cloudflare, Inc.'s operating income?
Cloudflare, Inc. (NET) reported operating income of -$61.99M in Q1 2026.
How has Cloudflare, Inc.'s operating income changed year-over-year?
Cloudflare, Inc.'s operating income decreased by 16.4% year-over-year, from -$53.25M to -$61.99M.
What is the long-term trend for Cloudflare, Inc.'s operating income?
Over 4 years (2021 to 2025), Cloudflare, Inc.'s operating income has grown at a 12.9% compound annual growth rate (CAGR), from -$127.68M to -$207.21M.
What does operating income mean?
The profit a company makes from its core business operations before interest and taxes.