NET (Cloudflare) Revenue: $2,329 Mil (TTM As of Mar. 2026)


NET Cloudflare Inc NET
78 GF Score
Price $226.65
GF Value $170.54
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Cloudflare Revenue?

Cloudflare NET +1.42% 78 Revenue is $2,329 Mil as of Mar. 2026. GuruFocus rates NET with a GF Score™ of 78/100 and a GF Value™ of $170.54 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Cloudflare's revenue for the three months ended in Mar. 2026 was $640 Mil. Its revenue for the trailing twelve months (TTM) ended in Mar. 2026 was $2,329 Mil. Cloudflare's Revenue per Share for the three months ended in Mar. 2026 was $1.81. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was $6.65.

During the past 12 months, the average Revenue per Share Growth Rate of Cloudflare was 28.90% per year. During the past 3 years, the average Revenue per Share Growth Rate was 27.70% per year. During the past 5 years, the average Revenue per Share Growth Rate was 33.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 10 years, Cloudflare's highest 3-Year average Revenue per Share Growth Rate was 76.50% per year. The lowest was -4.00% per year. And the median was 32.50% per year.


Cloudflare  (NYSE:NET) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Cloudflare Revenue Related Terms


Cloudflare Revenue Historical Data

* Premium members only.

The historical data trend for Cloudflare's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Cloudflare Revenue Chart

Cloudflare Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 656.43 975.24 1,296.75 1,669.63 2,167.94

Cloudflare Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 479.09 512.32 562.03 614.51 639.76

NET vs SNPS, FTNT, CRWV: Revenue Comparison

For the Software - Infrastructure subindustry, Cloudflare's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cloudflare Revenue vs Software Industry

For the Software industry and Technology sector, Cloudflare's Revenue distribution charts can be found below:

* The bar in red indicates where Cloudflare's Revenue falls into.


NET
78GF Score
Cloudflare Inc NET
Revenue is just one metric. See GF Score™, valuation, warning signs, and more.
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Cloudflare Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,329 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Revenue →
What does a Revenue of $2,329 Mil mean?
Cloudflare (NET) has a Revenue of $2,329 Mil as of Mar. 2026. Revenue is the total amount a company generates as sales through its operations. View historical data on Cloudflare and its competitors.
Is Cloudflare's Revenue too high?
Cloudflare's current Revenue is $2,329 Mil. Overall, Cloudflare has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cloudflare's Revenue compare to SNPS and FTNT?
Cloudflare's Revenue of $2,329 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Revenue for a Software company?
A good Revenue depends on the Software industry context. However, Revenue should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Revenue mean?
A high Revenue can signal that a stock is expensive relative to its fundamentals. Revenue is the total amount a company generates as sales through its operations. View historical data on Cloudflare and its competitors. Cloudflare's current Revenue is $2,329 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cloudflare stock overvalued right now?
Based on GuruFocus' analysis, Cloudflare (NET) is currently considered Significantly Overvalued. The stock's GF Value™ is $170.54, compared to a current price of $226.65 — trading 32.9% above its estimated fair value. The current Revenue is $2,329 Mil. Cloudflare's overall GF Score™ is 78/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Revenue calculated?
Revenue is calculated from a company's financial statements. For Cloudflare (NET), the current Revenue is $2,329 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Cloudflare (NET) Overvalued in 2026?

Based on GuruFocus' analysis, Cloudflare stock appears to be overvalued. The current stock price of $226.65 is trading 32.9% above its estimated GF Value™ of $170.54. GuruFocus considers Cloudflare to be Significantly Overvalued.

Key valuation signals for NET:

  • Revenue: $2,329 Mil
  • GF Value™: $170.54 vs. price of $226.65 (32.9% above fair value)
  • GF Score™: 78/100 with 2 warning signs

No single metric tells the full story. See the NET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cloudflare Business Description

Address 101 Townsend Street, San Francisco, CA, USA, 94107
Cloudflare is a software company based in San Francisco, California, that offers security and web performance offerings by utilizing a distributed, serverless content delivery network, or CDN. The firm's edge computing platform, Workers, builds on this infrastructure by enabling clients to deploy and run code without the need to manage or maintain servers.
78GF Score

Get the complete analysis for NET

Revenue is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$226.65
Price
$170.54
GF Value