NET Q1 2021 Earnings — Cloudflare, Inc. Revenue & Financial Results | Market Cap Arena

NETCloudflare, Inc.

$73B

Q1 2021 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$138M+51.3% YoY

Gross Profit

$106M76.8% margin

Operating Income

-$31M-22.6% margin

Net Income

-$40M-28.9% margin

EPS (Diluted)

$-0.13

QoQ Revenue Growth

+9.6%

Cash Flow

Operating Cash Flow

$23M

Free Cash Flow

-$2M

Stock-Based Comp.

$18M

Balance Sheet

Total Assets

$1.4B

Total Liabilities

$601M

Stockholders' Equity

$804M

Cash & Equivalents

$187M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$138M	$91M	+51.3%
Gross Profit	$106M	$70M	+50.5%
Operating Income	-$31M	-$30M	-5.1%
Net Income	-$40M	-$33M	-22.0%

Geographic Segments

UNITED STATES

$71M52%

EMEA

$36M26%

Asia Pacific

$23M17%

Other Geographical Regions

$8M6%