Cloudflare, Inc. (NET) FY2024 Q1 P&L / Income Statement

Revenue by Geography

2024-01-01 to 2024-03-31

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Cloudflare, Inc. (NET) FY2024 Q1 P&L / Income StatementIncome statement for 2024-01-01 through 2024-03-31. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETUNITED STATESEurope, Middle East, and AfricaAsia PacificOtherRevenueGross profitCost of revenueLoss from operationsTotal operating expensesSales and marketingResearch and developmentGeneral and administrativeTotal non-operating income, netLoss before income taxesNet lossProvision for income taxesTotal non-operating income, netTotal non-operatingincome, net$21.28 MLoss before income taxesLoss beforeincome taxes−$33.27 MRevenueRevenue$378.60 MGross profitGross profit$293.56 MLoss from operationsLoss from operations−$54.55 MNet lossNet loss−$35.54 MUNITED STATESUNITED STATES$196.46 MTotal operating expensesTotal operatingexpenses$348.11 MProvision for income taxesProvision forincome taxes$2.27 MSales and marketingSales and marketing$194.10 MEurope, Middle East, and AfricaEurope, Middle East, and Africa$105.38 MCost of revenueCost of revenue$85.04 MAsia PacificAsia Pacific$47.65 MResearch and developmentResearch and development$87.70 MOtherOther$29.10 MGeneral and administrativeGeneral and administrative$66.31 M
Chart details

Cloudflare, Inc. (NET) FY2024 Q1 P&L / Income Statement

Income statement for 2024-01-01 through 2024-03-31. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Revenue
378,602,000 US dollars
Cost of revenue
85,038,000 US dollars
Gross profit
293,564,000 US dollars
Total operating expenses
348,114,000 US dollars
Loss from operations
negative 54,550,000 US dollars
Total non-operating income, net
21,276,000 US dollars
Loss before income taxes
negative 33,274,000 US dollars
Provision for income taxes
2,269,000 US dollars
Net loss
negative 35,543,000 US dollars
UNITED STATES
196,463,000 US dollars
Europe, Middle East, and Africa
105,384,000 US dollars
Asia Pacific
47,651,000 US dollars
Other
29,104,000 US dollars
Sales and marketing
194,102,000 US dollars
Research and development
87,703,000 US dollars
General and administrative
66,309,000 US dollars

Chart connections

  • Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
  • Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
Cloudflare, Inc. (NET) FY2024 Q1 P&L / Income Statement Sankey chart, Geography view
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Gross margin

77.5%

Gross profit / revenue

Operating margin

−14.4%

Operating profit / revenue

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