Cloudflare's Revenue
- Cloudflare's annual revenue was $1.67 B in fiscal year 2024. The annual revenue increased $372.88 M from $1.30 B (in 2023) to $1.67 B (in 2024), representing a 28.76% year-over-year growth.
- Cloudflare's quarterly revenue was $459.95 M in the quarter ending Dec 2024. The quarterly revenue increased $97.47 M from $362.47 M (in Q4: Sept 2023) to $459.95 M (in Q4: Sept 2024), representing a 26.89% year-over-year growth.
- The highest annual revenue for Cloudflare was $1.67 B in fiscal year 2024.
- The lowest annual revenue was $134.92 M in fiscal year 2017.
- The average revenue was $705.46 M.
- Revenue is the amount of money generated by a business from sales of its goods or services. Refer to our glossary for more details, examples, and formulas.
Over the past 10 years (2015 - 2024):
Learn more about Cloudflare's Revenue by Segment and Revenue by Region.
Check out competitors to Cloudflare in a side-by-side comparison.
Explore additional financial metrics for Cloudflare.
Definition of Revenue :
| 2016 | 84791000.00 |
|---|---|
| 2017 | 134915000.00 |
| 2018 | 192674000.00 |
| 2019 | 287022000.00 |
| 2020 | 431059000.00 |
| 2021 | 656426000.00 |
| 2022 | 975241000.00 |
| 2023 | 1296745000.00 |
| 2024 | 1669626000.00 |
| Mar 2018 | 41824000.00 |
|---|---|
| Jun 2018 | 45281000.00 |
| Sep 2018 | 50070000.00 |
| Dec 2018 | 55499000.00 |
| Mar 2019 | 61727000.00 |
| Jun 2019 | 67424000.00 |
| Sep 2019 | 73941000.00 |
| Dec 2019 | 83930000.00 |
| Mar 2020 | 91250000.00 |
| Jun 2020 | 99721000.00 |
| Sep 2020 | 114162000.00 |
| Dec 2020 | 125926000.00 |
| Mar 2021 | 138055000.00 |
| Jun 2021 | 152428000.00 |
| Sep 2021 | 172347000.00 |
| Dec 2021 | 193596000.00 |
| Mar 2022 | 212167000.00 |
| Jun 2022 | 234517000.00 |
| Sep 2022 | 253857000.00 |
| Dec 2022 | 274700000.00 |
| Mar 2023 | 290175000.00 |
| Jun 2023 | 308494000.00 |
| Sep 2023 | 335603000.00 |
| Dec 2023 | 362473000.00 |
| Mar 2024 | 378602000.00 |
| Jun 2024 | 400996000.00 |
| Sep 2024 | 430082000.00 |
| Dec 2024 | 459946000.00 |
2024
Cloudflare's annual revenue was $1.67 B in fiscal year 2024.
Cloudflare's quarterly revenue was $378.60 M(Q1: Mar 2024), $401.00 M(Q2: Jun 2024), $430.08 M(Q3: Sep 2024), $459.95 M(Q4: Dec 2024) in fiscal year 2024.
2023
Cloudflare's annual revenue was $1.30 B in fiscal year 2024.
Cloudflare's quarterly revenue was $290.18 M(Q1: Mar 2023), $308.49 M(Q2: Jun 2023), $335.60 M(Q3: Sep 2023), $362.47 M(Q4: Dec 2023) in fiscal year 2023.
2022
Cloudflare's annual revenue was $975.24 M in fiscal year 2024.
Cloudflare's quarterly revenue was $212.17 M(Q1: Mar 2022), $234.52 M(Q2: Jun 2022), $253.86 M(Q3: Sep 2022), $274.70 M(Q4: Dec 2022) in fiscal year 2022.
2021
Cloudflare's annual revenue was $656.43 M in fiscal year 2024.
Cloudflare's quarterly revenue was $138.06 M(Q1: Mar 2021), $152.43 M(Q2: Jun 2021), $172.35 M(Q3: Sep 2021), $193.60 M(Q4: Dec 2021) in fiscal year 2021.
2020
Cloudflare's annual revenue was $431.06 M in fiscal year 2024.
Cloudflare's quarterly revenue was $91.25 M(Q1: Mar 2020), $99.72 M(Q2: Jun 2020), $114.16 M(Q3: Sep 2020), $125.93 M(Q4: Dec 2020) in fiscal year 2020.
2019
Cloudflare's annual revenue was $287.02 M in fiscal year 2024.
Cloudflare's quarterly revenue was $61.73 M(Q1: Mar 2019), $67.42 M(Q2: Jun 2019), $73.94 M(Q3: Sep 2019), $83.93 M(Q4: Dec 2019) in fiscal year 2019.
2018
Cloudflare's annual revenue was $192.67 M in fiscal year 2024.
Cloudflare's quarterly revenue was $41.82 M(Q1: Mar 2018), $45.28 M(Q2: Jun 2018), $50.07 M(Q3: Sep 2018), $55.50 M(Q4: Dec 2018) in fiscal year 2018.
2017
Cloudflare's annual revenue was $134.92 M in fiscal year 2024.
in fiscal year 2017.
2016
Cloudflare's annual revenue was $84.79 M in fiscal year 2024.
in fiscal year 2016.
| 2016 | 0 |
|---|---|
| 2017 | +59.11 |
| 2018 | +42.81 |
| 2019 | +48.97 |
| 2020 | +50.18 |
| 2021 | +52.28 |
| 2022 | +48.57 |
| 2023 | +32.97 |
| 2024 | +28.76 |
| Q1: Mar 18 | 0 |
|---|---|
| Q2: Jun 18 | 0 |
| Q3: Sep 18 | 0 |
| Q4: Dec 18 | 0 |
| Q1: Mar 19 | 47.59 |
| Q2: Jun 19 | 48.90 |
| Q3: Sep 19 | 47.68 |
| Q4: Dec 19 | 51.23 |
| Q1: Mar 20 | 47.83 |
| Q2: Jun 20 | 47.90 |
| Q3: Sep 20 | 54.40 |
| Q4: Dec 20 | 50.04 |
| Q1: Mar 21 | 51.29 |
| Q2: Jun 21 | 52.85 |
| Q3: Sep 21 | 50.97 |
| Q4: Dec 21 | 53.74 |
| Q1: Mar 22 | 53.68 |
| Q2: Jun 22 | 53.85 |
| Q3: Sep 22 | 47.29 |
| Q4: Dec 22 | 41.89 |
| Q1: Mar 23 | 36.77 |
| Q2: Jun 23 | 31.54 |
| Q3: Sep 23 | 32.20 |
| Q4: Dec 23 | 31.95 |
| Q1: Mar 24 | 30.47 |
| Q2: Jun 24 | 29.99 |
| Q3: Sep 24 | 28.15 |
| Q4: Dec 24 | 26.89 |
2024
Cloudflare’s annual revenue increased +28.76% during fiscal year 2024 compared to 2023. It represents a growth of $372.88 M from $1.30 B (in 2023) to $1.67 B (in 2024).
2023
Cloudflare’s annual revenue increased +32.97% during fiscal year 2023 compared to 2022. It represents a growth of $321.50 M from $975.24 M (in 2022) to $1.30 B (in 2023).
2022
Cloudflare’s annual revenue increased +48.57% during fiscal year 2022 compared to 2021. It represents a growth of $318.82 M from $656.43 M (in 2021) to $975.24 M (in 2022).
2021
Cloudflare’s annual revenue increased +52.28% during fiscal year 2021 compared to 2020. It represents a growth of $225.37 M from $431.06 M (in 2020) to $656.43 M (in 2021).
2020
Cloudflare’s annual revenue increased +50.18% during fiscal year 2020 compared to 2019. It represents a growth of $144.04 M from $287.02 M (in 2019) to $431.06 M (in 2020).
2019
Cloudflare’s annual revenue increased +48.97% during fiscal year 2019 compared to 2018. It represents a growth of $94.35 M from $192.67 M (in 2018) to $287.02 M (in 2019).
2018
Cloudflare’s annual revenue increased +42.81% during fiscal year 2018 compared to 2017. It represents a growth of $57.76 M from $134.92 M (in 2017) to $192.67 M (in 2018).
2017
Cloudflare’s annual revenue increased +59.11% during fiscal year 2017 compared to 2016. It represents a growth of $50.12 M from $84.79 M (in 2016) to $134.92 M (in 2017).
Summary Table (Annual)
| Period | Revenue | Year-over-Year Change |
|---|---|---|
| 2024 | $1.67 B | +28.76% |
| 2023 | $1.30 B | +32.97% |
| 2022 | $975.24 M | +48.57% |
| 2021 | $656.43 M | +52.28% |
| 2020 | $431.06 M | +50.18% |
| 2019 | $287.02 M | +48.97% |
| 2018 | $192.67 M | +42.81% |
| 2017 | $134.92 M | +59.11% |
Summary Table (Quarterly)
| Period | Revenue | Year-over-Year Change |
|---|---|---|
| Q4: Dec 24 | $459.95 M | 26.89% |
| Q3: Sep 24 | $430.08 M | 28.15% |
| Q2: Jun 24 | $401.00 M | 29.99% |
| Q1: Mar 24 | $378.60 M | 30.47% |
| Q4: Dec 23 | $362.47 M | 31.95% |
| Q3: Sep 23 | $335.60 M | 32.20% |
| Q2: Jun 23 | $308.49 M | 31.54% |
| Q1: Mar 23 | $290.18 M | 36.77% |
| Q4: Dec 22 | $274.70 M | 41.89% |
| Q3: Sep 22 | $253.86 M | 47.29% |
| Q2: Jun 22 | $234.52 M | 53.85% |
| Q1: Mar 22 | $212.17 M | 53.68% |
| Q4: Dec 21 | $193.60 M | 53.74% |
| Q3: Sep 21 | $172.35 M | 50.97% |
| Q2: Jun 21 | $152.43 M | 52.85% |
| Q1: Mar 21 | $138.06 M | 51.29% |
| Q4: Dec 20 | $125.93 M | 50.04% |
| Q3: Sep 20 | $114.16 M | 54.40% |
| Q2: Jun 20 | $99.72 M | 47.90% |
| Q1: Mar 20 | $91.25 M | 47.83% |
| Q4: Dec 19 | $83.93 M | 51.23% |
| Q3: Sep 19 | $73.94 M | 47.68% |
| Q2: Jun 19 | $67.42 M | 48.90% |
| Q1: Mar 19 | $61.73 M | 47.59% |
| Q4: Dec 18 | $55.50 M | 0% |
| Q3: Sep 18 | $50.07 M | 0% |
| Q2: Jun 18 | $45.28 M | 0% |
| Q1: Mar 18 | $41.82 M | 0% |
