Cloudflare, Inc. revenue
Cloudflare, Inc.'s revenue was $2.17bn in fiscal 2025, up 29.8% on the year before. Since fiscal 2017 ($135m) it has grown at a compound 41.5% a year. Over the last twelve months it was $2.51bn.
Revenue history
| Fiscal year | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 135 | 193 | 287 | 431 | 656 | 975 | 1,297 | 1,670 | 2,168 | 2,512 |
| Growth on the year before | — | +42.8% | +49.0% | +50.2% | +52.3% | +48.6% | +33.0% | +28.8% | +29.8% | — |
| Gross profit | 106 | 149 | 224 | 330 | 509 | 743 | 990 | 1,291 | 1,615 | 1,823 |
| Gross margin | 78.7% | 77.4% | 77.9% | 76.6% | 77.6% | 76.1% | 76.3% | 77.3% | 74.5% | 72.6% |
Where the revenue comes from
| Region | Revenue | Share | YoY |
|---|---|---|---|
| United States | $1.1B | 49.5% | ▲ 26.3% |
| EMEA | $599M | 27.6% | ▲ 28.3% |
| Asia Pacific | $330M | 15.2% | ▲ 47.7% |
| Other Geographical Regions | $167M | 7.7% | ▲ 27.7% |
From Cloudflare, Inc.'s 10-K filed February 26, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.
Revenue against peers
| Company | Revenue | Growth | 3-year growth a year |
|---|---|---|---|
| Cloudflare, Inc. | $2.51bn | 33.5% | 30.6% |
| Rackspace Technology, Inc. | $2.70bn | 0.3% | -4.3% |
| Verisign Inc | $1.73bn | 6.5% | 5.3% |
| Akamai Technologies | $4.32bn | 5.9% | 5.7% |
| Godaddy Inc. | $5.18bn | 6.4% | 7.3% |
| Twilio Inc | $5.83bn | 19.1% | 12.4% |
Compare with peers
- Rackspace Technology, Inc. revenue
- Verisign Inc revenue
- Akamai Technologies revenue
- Godaddy Inc. revenue
- Twilio Inc revenue
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