Company / Operating Income
Cloudflare, Inc. Operating Income History
FY2017-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Income
-$207.2M
FY2025
5-year range
-$207.2M / -$127.7M
FY2021-FY2025
Trend
-33.9%
vs FY2024
Sector context
#268 of 299
Information Technology
What the data says
Among 299 Information Technology companies, Cloudflare, Inc. is in the bottom 10% for operating income. Operating Income has fluctuated over the past 9 years, ranging from -$207M in FY2025 to -$10M in FY2017.
Based on SEC 10-K filings.
-$207M in FY2025.
Declined from -$185M to -$207M over the past 2 years.
Information Technology sector context is included.
Operating Income over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Bottom 10% in Information TechnologyTop 90% of 299This company -$207.2M Sector average $1.5B
▼
-113.7% below sector average
Key checks
Key Insights
- In FY2025, operating income decreased 33.9% year-over-year.
- Ranks #268 out of 299 companies in the Information Technology sector.
- Peak operating income was recorded in FY2017.
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 | Operating IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -$207.2M | -33.9% |
| FY2024 | -$154.8M | +16.6% |
| FY2023 | -$185.5M | +7.8% |
| FY2022 | -$201.2M | -57.6% |
| FY2021 | -$127.7M | -19.6% |
| FY2020 | -$106.8M | +1.1% |
| FY2019 | -$107.9M | -27.1% |
| FY2018 | -$84.9M | -772.5% |
| FY2017 | -$9.7M | - |
As of FY2025 · SEC 10-K · Updated Jul 2, 2026