Income StatementBalance SheetCash FlowSegments
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Cloudflare, Inc. Business Segments

Business, geographic, and product segment breakdowns

Cloudflare, Inc. generates $2.3B in annual revenue across 3 key segments: Asia Pacific (0.2), Europe, Middle East, and Africa (0.9), and Other (0.1). The company-wide operating margin is -9.27%. Based on the Q1 2026 filing.

Asia Pacific15.0%Europe, Middle East, and Africa (TTM)85.0%Other8.0%
Latest FilingQ1 2026
Report Date2026-05-08
Market Cap$76.4B
ROE-5.88%

Geographic

Percentage of Revenue

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Europe, Middle East, and Africa—28.0%28.0%27.0%—28.0%
Asia Pacific—15.0%15.0%15.0%—15.0%
Other—8.0%8.0%8.0%—8.0%

Revenue

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
United States$231.1M$234.9M$251.9M$282.6M$303.6M$315.8M
Europe, Middle East, and Africa$128.3M$133.9M$143.4M$153.3M$168.0M$175.7M
Asia Pacific$64.4M$73.4M$75.1M$84.7M$96.6M$98.6M
Other$36.2M$37.0M$41.8M$41.5M$46.3M$49.6M

PP&E (Net)

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
United States$233.8M$259.1M$266.4M$282.4M$298.3M$313.6M

Business Segments

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Revenue$459.9M$479.1M$512.3M$562.0M$614.5M$639.8M
Sales And Marketing Expense, Adjusted$166.9M$183.4M$182.1M$201.2M$214.4M$227.5M
Cost Of Revenue, Adjusted$103.1M$109.8M$121.7M$138.9M$154.3M$174.1M
Research And Development Expense, Adjusted$74.8M$76.8M$83.6M$82.5M$94.9M$101.5M
Segment Reporting, Other Segment Item, Amount$80.1M$94.5M$122.8M$87.2M$101.7M$96.0M
General And Administrative Expense, Adjusted$47.8M$53.0M$52.6M$53.5M$61.2M$63.6M
Net loss-$12.8M-$38.5M-$50.4M-$1.3M-$12.1M-$22.9M