Company / FCF Margin
Cloudflare, Inc. FCF Margin History
FY2017-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest FCF Margin
13.3%
FY2025
5-year range
-4.3% / 13.3%
FY2021-FY2025
Trend
+13.3%
vs FY2024
Sector context
#149 of 280
Information Technology
What the data says
At 13.3%, Cloudflare, Inc.'s fcf margin ranks #149 of 280 in the Information Technology sector. FCF Margin has increased for 7 consecutive years, from -35.7% in FY2018 to 13.3% in FY2025.
Based on SEC 10-K filings.
13.3% in FY2025 with a 5-year CAGR of +30.3%.
Improved from 10.8% to 13.3% over the past 2 years.
Information Technology sector context is included.
FCF Margin over time
Growth rates
- 3-Year Change
- +15.3pp
- 5-Year Change
- +30.3pp
- 10-Year Change
- -
Sector benchmark
#149 of 280 in Information TechnologyTop 53% of 280This company 13.3% Sector average -113.7%
▼
+111.7% above sector average
Key checks
Key Insights
- Cloudflare, Inc.'s fcf margin has grown for 7 consecutive years.
- In FY2025, fcf margin increased 13.3% year-over-year.
- Currently 127.0pp above the Information Technology sector average.
- Lowest fcf margin in the period was in FY2018.
Company context
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.
Annual data
| Year | FCF MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 13.3% | +13.3% |
| FY2024 | 11.7% | +8.3% |
| FY2023 | 10.8% | +626.8% |
| FY2022 | -2.1% | +52.5% |
| FY2021 | -4.3% | +74.7% |
| FY2020 | -17.1% | +40.5% |
| FY2019 | -28.6% | +19.7% |
| FY2018 | -35.7% | -203.4% |
| FY2017 | -11.8% | - |
As of FY2025 · SEC 10-K · Updated Jul 2, 2026