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Segments

By segment

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Reportable Segment-$169.98M-237%

Other financials

Income statement

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Revenue$696.1M+35.9%
Gross profit$499.5M+30.2%
Operating income-$205.7M-206%
EPS (diluted)-$0.48-220%

Balance sheet

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Cash & equivalents$1.7B+9.9%
Total debt$1.6B+670%
Total equity$1.6B+30.7%
Total assets$6.5B+16.4%

Cash flow

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Operating cash flow$117.6M+17.8%
CapEx$50.0M-16.6%
Free cash flow$67.6M+69.4%

Valuation

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Market cap$101.44B+41.8%
Enterprise value$101.32B+44.3%
P/S40.4×+2.4×

Profitability

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Gross margin72.6%-3.6pp
Operating margin-14.1%+10.5pp
Net margin-8.2%+3.9pp
FCF margin13.9%+2.8pp

Returns & leverage

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Return on equity-14.4%+6.4pp
Debt / equity+0.8×
Current ratio1.8×-3.3×

Where this comes from

Reported directly by Cloudflare, Inc. in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

The source filing: Cloudflare, Inc.’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:24 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001477333-26-000054
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Interest expense(3,089)(1,524)(5,652)(2,967)
Other income (expense), net913(3,907)3,903(7,375)
Total non-operating income, net37,75619,97578,34936,463
Loss before income taxes(167,940)(47,289)(189,341)(84,048)
Provision for income taxes2,0413,1573,5674,852
Net loss$(169,981)$(50,446)$(192,908)$(88,900)
Net loss per share attributable to common stockholders, basic and diluted$(0.48)$(0.15)$(0.55)$(0.26)
Weighted-average shares used in computing net loss per share attributable to common stockholders, basic and diluted354,334347,489353,485346,605

Item 1. FINANCIAL STATEMENTS

FAQ

What is Cloudflare, Inc.'s net income?
Cloudflare, Inc. (NET) reported net income of -$169.98M in Q2 2026.
How has Cloudflare, Inc.'s net income changed year-over-year?
Cloudflare, Inc.'s net income decreased by 237.0% year-over-year, from -$50.45M to -$169.98M.
What is the long-term trend for Cloudflare, Inc.'s net income?
Over 4 years (2021 to 2025), Cloudflare, Inc.'s net income has grown at a -20.8% compound annual growth rate (CAGR), from -$260.31M to -$102.27M.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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