NET Q2 2025 Earnings — Cloudflare, Inc. Revenue & Financial Results | Market Cap Arena

NETCloudflare, Inc.

$73B

Q2 2025 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$512M+27.8% YoY

Gross Profit

$384M74.9% margin

Operating Income

-$67M-13.1% margin

Net Income

-$50M-9.8% margin

EPS (Diluted)

$-0.15

QoQ Revenue Growth

+6.9%

Cash Flow

Operating Cash Flow

$100M

Free Cash Flow

$33M

Stock-Based Comp.

$122M

Balance Sheet

Total Assets

$5.6B

Total Liabilities

$4.3B

Stockholders' Equity

$1.2B

Cash & Equivalents

$1.5B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$512M	$401M	+27.8%
Gross Profit	$384M	$312M	+23.0%
Operating Income	-$67M	-$35M	-94.8%
Net Income	-$50M	-$15M	-234.6%

Revenue Segments

Reportable Segment

$512M100%

Geographic Segments

UNITED STATES

$252M49%

EMEA

$143M28%

Asia Pacific

$75M15%

Other Geographical Regions

$42M8%