The financials
Cloudflare, Inc. by the numbers
Cloudflare, Inc. (NET) reported revenue of $696M in Q2 2026 (quarter ended Jun 30, 2026), up 36% from the same quarter a year earlier. That came with a gross margin of 72% and net loss of $170M. For the full year FY2025, revenue was $2.17B (+30% year on year) and net income −$102M. Its largest region in Q2 2026 was United States at $354M, 51% of the disclosed total, well ahead of EMEA at 27%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $696M | $512M | +36% |
| Gross profit | $500M | $384M | +30% |
| Operating income | −$206M | −$67M | n/a |
| Net income | −$170M | −$50M | n/a |
| Diluted EPS | −$0.48 | −$0.15 | n/a |
| Geographic | Revenue | Share |
|---|---|---|
| United States | $354M | 51% |
| EMEA | $187M | 27% |
| Asia Pacific | $99M | 14% |
| Other Geographical Regions | $55M | 7.9% |
Business Segments
Revenue split by geographic segment, from SEC XBRL filings.
Latest period: Q2 2026Total $696.1M (+8.8%)
United States grew +41% year on yearEMEA +30% year on year
Segment Latestquarter on quarteryear on year
- United States$354.4M$354.4MQoQ +12%year on year +41%+12%+41%
- EMEA$187.0M$187.0MQoQ +6.5%year on year +30%+6.5%+30%
- Asia Pacific$99.4M$99.4MQoQ +0.81%year on year +32%+0.81%+32%
- Other Geographical Regions$55.1M$55.1MQoQ +11%year on year +32%+11%+32%
Software - Infrastructure
Ranks #9 of 64 by Smart Score