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Cloudflare, Inc. NET Earnings yield

Earnings yield at other companies

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MicrosoftMSFT
4.6%+1.1pp
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AmazonAMZN
3.5%+0.3pp
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F5, Inc.FFIV
4.3%+0.3pp
Akamai Technologies logo
Akamai TechnologiesAKAM
2.6%-1.1pp
Zscaler logo
ZscalerZS
-0.4%-0.7pp
Alphabet Inc. logo
Alphabet Inc.GOOGL

Other financials

Income statement

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Revenue$639.8M+33.5%
Gross profit$455.6M+25.3%
Operating income-$62.0M-16.4%
Net income-$22.9M+40.4%
EPS (diluted)-$0.07+36.4%

Balance sheet

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Cash & equivalents$944.4M+347%
Total debt$256.7M+36.9%
Total equity$1.5B+7.1%
Total assets$6.2B+65.6%

Cash flow

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Operating cash flow$158.3M+8.6%
CapEx$65.2M-24.1%
Free cash flow$93.1M+55.4%

Valuation

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Market cap$79.53B+86.8%
Enterprise value$78.84B+85.1%
P/S34.2×+10.1×

Profitability

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Gross margin73.3%-3.6pp
Operating margin-9.3%+0.7pp
Net margin-3.7%-0.6pp

Returns & leverage

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Return on equity-5.9%-1.0pp
Debt / equity0.2×0.0×
Current ratio-1.2×

Where this comes from

Calculated from Cloudflare, Inc.’s reported figures.

Based on trailing twelve months.

The official record: Cloudflare, Inc.’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Cloudflare, Inc.'s earnings yield?
Cloudflare, Inc. (NET) reported earnings yield of -0.1% in Q1 2026.
How has Cloudflare, Inc.'s earnings yield changed year-over-year?
Cloudflare, Inc.'s earnings yield increased by 43.2% year-over-year, from -0.2% to -0.1%.
What is the long-term trend for Cloudflare, Inc.'s earnings yield?
Over 4 years (2021 to 2025), Cloudflare, Inc.'s earnings yield has grown at a -25.3% compound annual growth rate (CAGR), from -2.2% to -0.7%.
What does earnings yield mean?
The company's annual profit as a percentage of its market price — the flip side of the P/E.
How do you interpret earnings yield?
Higher means more earnings per dollar invested. Easy to compare directly against bond yields to judge the relative attractiveness of equity.
How does earnings yield compare across companies?
Comparable across profitable companies and against fixed-income yields; undefined when earnings are negative.