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Cloudflare, Inc. Cost of Revenue 2017-2026 | NET

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What is cost of revenue?

Cost of revenue includes the direct costs attributable to producing goods or delivering services sold by the company.

What is Cloudflare, Inc.'s current cost of revenue?

Cloudflare, Inc. (NET) annual cost of revenue for 2025 was $552.5M, a 45.90% increase from 2024. Cloudflare, Inc. cost of revenue for the quarter ending March 31, 2026 was $184.2M.

What was Cloudflare, Inc.'s cost of revenue in 2024?

Cloudflare, Inc. annual cost of revenue for 2024 was $378.7M, a 23.35% increase from 2023.

What was Cloudflare, Inc.'s cost of revenue in 2023?

Cloudflare, Inc. annual cost of revenue for 2023 was $307.0M, a 31.98% increase from 2022.

What is Cloudflare, Inc.'s 5-year cost of revenue CAGR?

Cloudflare, Inc. cost of revenue grew at a compound annual growth rate (CAGR) of 40.46% from FY2020 to FY2025, going from $101.1M to $552.5M over 5 years.

Cost of Revenue History

Year-over-year comparison from 10-K annual reports

Key Statistics
Trend Direction
Growing
CAGR+40.5%
FY2020
$101.1M
FY2025
$552.5M
171819202122232425
5 years selected
Cost of Revenue History
PeriodValueChangeSource
FY2025$552.5M+45.9%10-K
FY2024$378.7M+23.4%10-K
FY2023$307.0M+32.0%10-K
FY2022$232.6M+58.1%10-K
FY2021$147.1M+45.6%10-K
FY2020$101.1M+59.3%10-K
FY2019$63.4M+45.7%10-K
FY2018$43.5M+51.2%10-K
FY2017$28.8M-10-K
Company: Cloudflare, Inc.Ticker: NETSector: TechnologyIndustry: Services-Prepackaged SoftwareView company profile →