NET Q4 2025 Earnings — Cloudflare, Inc. Revenue & Financial Results | Market Cap Arena

NETCloudflare, Inc.

$73B

Q4 2025 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$615M+33.6% YoY

Gross Profit

$456M74.2% margin

Operating Income

-$45M-7.4% margin

Net Income

-$12M-2.0% margin

EPS (Diluted)

$-0.03

QoQ Revenue Growth

+9.3%

Cash Flow

Operating Cash Flow

$254M

Free Cash Flow

$156M

Stock-Based Comp.

$124M

Balance Sheet

Total Assets

$6.0B

Total Liabilities

$4.6B

Stockholders' Equity

$1.5B

Cash & Equivalents

$944M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$615M	$460M	+33.6%
Gross Profit	$456M	$351M	+30.0%
Operating Income	-$45M	-$34M	-32.6%
Net Income	-$12M	-$13M	+6.0%

Revenue Segments

Reportable Segment

$615M100%

Geographic Segments

UNITED STATES

$304M49%

EMEA

$168M27%

Asia Pacific

$97M16%

Other Geographical Regions

$46M8%