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Cloudflare, Inc. NET Total Operating Expenses

Total Operating Expenses at other companies

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F5, Inc.FFIV
$481.78M+11.7%
Netscout Systems logo
Netscout SystemsNTCT
$139.52M+0.1%
VirnetX Holding Corp
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VirnetX Holding Corp VHC
$4.51M+11.4%
Palo Alto Networks, Inc. logo
Palo Alto Networks, Inc.PANW
$2.21B+52.4%
Backblaze, Inc. logo
Backblaze, Inc.BLZE
$28.88M+3.1%
Fastly, Inc.
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Fastly, Inc. FSLY
$132.08M+14.9%

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$87.06B+30.0%
Enterprise value$86.37B+31.6%
P/S37.4×+1.8×

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

Reported directly by Cloudflare, Inc. in its filing.

Tagged under the XBRL concept us-gaap:OperatingExpenses.

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 total operating expenses?
Cloudflare, Inc. (NET) reported total operating expenses of $517.59M in Q1 2026.
How has Cloudflare, Inc.'s total operating expenses changed year-over-year?
Cloudflare, Inc.'s total operating expenses increased by 24.2% year-over-year, from $416.76M to $517.59M.
What is the long-term trend for Cloudflare, Inc.'s total operating expenses?
Over 4 years (2021 to 2025), Cloudflare, Inc.'s total operating expenses has grown at a 30.1% compound annual growth rate (CAGR), from $636.98M to $1.82B.
What does total operating expenses mean?
The sum of all operating costs including COGS, SG&A, R&D, D&A, and other operating charges. Revenue minus total operating expenses equals operating income.