Company / SG&A Expense
Cloudflare, Inc. SG&A Expense History
FY2017-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest SG&A Expense
$389.3M
FY2025
5-year range
$119.5M / $389.3M
FY2021-FY2025
Trend
+39.8%
vs FY2024
Sector context
#90 of 305
Information Technology
What the data says
At $389M, Cloudflare, Inc.'s sg&a expense ranks #216 of 305 in the Information Technology sector. SG&A Expense has increased for 6 consecutive years, from $82M in FY2019 to $389M in FY2025.
Based on SEC 10-K filings.
$389M in FY2025 with a 5-year CAGR of +33.5%.
Increased from $218M to $389M over the past 2 years.
Information Technology sector context is included.
SG&A Expense over time
Growth rates
- 3-Year CAGR
- +29.4%
- 5-Year CAGR
- +33.5%
- 10-Year CAGR
- -
Sector benchmark
#216 of 305 in Information TechnologyTop 70% of 305This company $389.3M Sector average $699.3M
▼
-44.3% below sector average
Key checks
Key Insights
- Cloudflare, Inc.'s sg&a expense has grown for 6 consecutive years.
- 5-year CAGR of +33.5%, indicating consistent growth.
- In FY2025, sg&a expense increased 39.8% year-over-year.
- Ranks #90 out of 305 companies in the Information Technology sector.
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 | SG&A ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $389.3M | +39.8% |
| FY2024 | $278.5M | +27.8% |
| FY2023 | $218.0M | +21.2% |
| FY2022 | $179.8M | +50.4% |
| FY2021 | $119.5M | +30.2% |
| FY2020 | $91.8M | +12.5% |
| FY2019 | $81.6M | -4.2% |
| FY2018 | $85.2M | +319.4% |
| FY2017 | $20.3M | - |
As of FY2025 · SEC 10-K · Updated Jul 2, 2026