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Cloudflare, Inc. NET United States — Revenue

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Other financials

Income statement

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Revenue$696.1M+35.9%
Gross profit$499.5M+30.2%
Operating income-$205.7M-206%
Net income-$170.0M-237%
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$110.59B+57.8%
Enterprise value$110.47B+60.6%
P/S44×+6.8×

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:RevenueFromContractWithCustomerExcludingAssessedTax.

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, 2026 / AmountThree Months Ended June 30, 2026 / Percentageof RevenueThree Months Ended June 30, 2025 / AmountThree Months Ended June 30, 2025 / Percentageof RevenueSix Months Ended June 30, 2026 / AmountSix Months Ended June 30, 2026 / Percentageof RevenueSix Months Ended June 30, 2025 / AmountSix Months Ended June 30, 2025 / Percentageof Revenue
United States$354,44751%$251,89449%$670,27750%$486,78149%
Europe, Middle East, and Africa187,03927%143,43828%362,71727%277,29128%
Asia Pacific99,44414%75,14415%198,09215%148,53915%
Other55,1318%41,8408%104,7308%78,7928%
Total$696,061100%$512,316100%$1,335,816100%$991,403100%

Item 1. FINANCIAL STATEMENTS

FAQ

What is Cloudflare, Inc.'s united states — revenue?
Cloudflare, Inc. (NET) reported united states — revenue of $354.45M in Q2 2026.
How has Cloudflare, Inc.'s united states — revenue changed year-over-year?
Cloudflare, Inc.'s united states — revenue increased by 40.7% year-over-year, from $251.89M to $354.45M.
What is the long-term trend for Cloudflare, Inc.'s united states — revenue?
Over 4 years (2021 to 2025), Cloudflare, Inc.'s united states — revenue has grown at a 33.0% compound annual growth rate (CAGR), from $342.58M to $1.07B.
What does united states — revenue mean?
This metric represents the total net sales generated from customers located within the United States. It serves as a key indicator of market penetration and demand for cloud security and edge computing services in the domestic region. Tracking this figure helps investors assess the company's geographic revenue concentration and growth trajectory within its primary market.

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