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Cloudflare, Inc. NET EBITDA margin

EBITDA margin at other companies

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59.9%+2.1pp
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19.6%0.0pp
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27.7%0.0pp
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19.4%+11.6pp
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29.2%-0.4pp

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$99.02B+37.9%
Enterprise value$98.33B+39.5%
P/S42.5×+4.4×

Profitability

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Gross margin73.3%-3.6pp
Operating margin-9.3%+0.7pp
Net margin-3.7%-0.6pp
FCF margin13.8%+1.7pp

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 source filing: Cloudflare, Inc.’s 10-Q, filed May 8, 2026. Open the filing →

Filed
May 8, 2026, 6:02 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001477333-26-000038

FAQ

What is Cloudflare, Inc.'s EBITDA margin?
Cloudflare, Inc. (NET) reported EBITDA margin of -0.5% in Q1 2026.
How has Cloudflare, Inc.'s EBITDA margin changed year-over-year?
Cloudflare, Inc.'s EBITDA margin increased by 40.9% year-over-year, from -0.8% to -0.5%.
What is the long-term trend for Cloudflare, Inc.'s EBITDA margin?
Over 5 years (2020 to 2025), Cloudflare, Inc.'s EBITDA margin has grown at a -42.9% compound annual growth rate (CAGR), from -13.3% to -0.8%.
What does EBITDA margin mean?
EBITDA (earnings before interest, taxes, depreciation, and amortization) as a percentage of revenue, trailing twelve months. A proxy for cash operating profitability that strips out capital-structure and non-cash charges.

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