Operating Margin of Cloudflare, Inc. from 31 Dec 2017 to 30 Sep 2025

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Cloudflare, Inc. quarterly and annual Operating Margin in % history and change rate from 31 Dec 2017 to 30 Sep 2025.
  • Cloudflare, Inc. Operating Margin for the quarter ending 30 Sep 2025 was -10%, a 7.6% increase year-over-year.
  • Cloudflare, Inc. annual Operating Margin for 2024 was -9%, a 35% increase from 2023.
  • Cloudflare, Inc. annual Operating Margin for 2023 was -14%, a 31% increase from 2022.
  • Cloudflare, Inc. annual Operating Margin for 2022 was -21%, a 6.1% decline from 2021.
Operating Margin, Quarterly (%)
Operating Margin, YoY Quarterly Change (%)
Operating Margin, Annual (%)
Operating Margin, YoY Annual Change (%)

Cloudflare, Inc. Quarterly Operating Margin (%)

Period Value YoY Chg Change % Start Date End Date
Q3 2025 -10% +1% +7.6% 01 Jul 2025 30 Sep 2025
Q2 2025 -10% +2% +15% 01 Apr 2025 30 Jun 2025
Q1 2025 -9% +5% +38% 01 Jan 2025 31 Mar 2025
Q4 2024 -9% +5% +35% 01 Oct 2024 31 Dec 2024
Q3 2024 -10% +6% +35% 01 Jul 2024 30 Sep 2024
Q2 2024 -12% +6% +35% 01 Apr 2024 30 Jun 2024
Q1 2024 -14% +6% +30% 01 Jan 2024 31 Mar 2024
Q4 2023 -14% +6% +31% 01 Oct 2023 31 Dec 2023
Q3 2023 -16% +5% +25% 01 Jul 2023 30 Sep 2023
Q2 2023 -18% +3% +16% 01 Apr 2023 30 Jun 2023
Q1 2023 -20% -1% -5.9% 01 Jan 2023 31 Mar 2023
Q4 2022 -21% -1% -6.1% 01 Oct 2022 31 Dec 2022
Q3 2022 -21% -3% -13% 01 Jul 2022 30 Sep 2022
Q2 2022 -21% -1% -5.9% 01 Apr 2022 30 Jun 2022
Q1 2022 -19% +3% +12% 01 Jan 2022 31 Mar 2022
Q4 2021 -19% +5% +21% 01 Oct 2021 31 Dec 2021
Q3 2021 -19% +10% +34% 01 Jul 2021 30 Sep 2021
Q2 2021 -20% +18% +47% 01 Apr 2021 30 Jun 2021
Q1 2021 -21% +19% +47% 01 Jan 2021 31 Mar 2021
Q4 2020 -25% +13% +34% 01 Oct 2020 31 Dec 2020
Q3 2020 -29% 01 Jul 2020 30 Sep 2020
Q2 2020 -38% 01 Apr 2020 30 Jun 2020
Q1 2020 -40% 01 Jan 2020 31 Mar 2020
Q4 2019 -38% 01 Oct 2019 31 Dec 2019

Cloudflare, Inc. Annual Operating Margin (%)

Period Value YoY Chg Change % Start Date End Date
2024 -9% +5% +35% 01 Jan 2024 31 Dec 2024
2023 -14% +6% +31% 01 Jan 2023 31 Dec 2023
2022 -21% -1% -6.1% 01 Jan 2022 31 Dec 2022
2021 -19% +5% +21% 01 Jan 2021 31 Dec 2021
2020 -25% +13% +34% 01 Jan 2020 31 Dec 2020
2019 -38% +6% +15% 01 Jan 2019 31 Dec 2019
2018 -44% -37% -511% 01 Jan 2018 31 Dec 2018
2017 -7% 01 Jan 2017 31 Dec 2017
* An asterisk sign (*) next to the value indicates that the value is likely invalid.