Cloudflare, Inc. Cash Flow Statement
NET / Information Technology|9 years of annual SEC 10-K data (FY2017-FY2025)
Covers operating cash flow, capital expenditures, free cash flow, share buybacks, and dividends paid across 9 fiscal years. All figures from audited SEC 10-K filings.
Cloudflare, Inc. generated $603M in operating cash flow and $287M in free cash flow in FY2025. Free cash flow margin was 13.3% of revenue.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 0.49 (distress zone, below 1.8 threshold)
- Negative profit margin: -5.1%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|
| Net Income | -$102.3M | -$78.8M | -$183.9M | -$193.4M | -$260.3M | -$119.4M | -$105.8M | -$87.2M | -$10.7M |
| Depreciation & Amortization | $189.7M | $127.7M | $135.8M | $102.3M | $66.6M | $49.4M | $29.5M | $18.9M | $12.2M |
| Operating Cash Flow | $603.1M | $380.4M | $254.4M | $123.6M | $64.6M | -$17.1M | -$38.9M | -$43.3M | $3.2M |
| Capital Expenditures | $315.6M | $185.0M | $114.4M | $143.6M | $93.0M | $56.4M | $43.3M | $25.5M | $19.0M |
| Free Cash Flow | $287.5M | $195.4M | $140.0M | -$20.0M | -$28.3M | -$73.5M | -$82.2M | -$68.7M | -$15.9M |
| Share Buybacks | $0 | $0 | $34.0K | $3.0K | $189.0K | $157.0K | $283.0K | $65.0K | $16.0K |
| FCF Margin | 13.3% | 11.7% | 10.8% | -2.1% | -4.3% | -17.1% | -28.6% | -35.7% | -11.8% |