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

- Company: Cloudflare, Inc. (NET)
- Period: 2024-01-01 to 2024-03-31
- Filing: Q1 FY2024 10-Q, filed 2024-05-02, accession number 0001477333-24-000050
- Page: https://plicit.ai/financials/net/fy2024-q1-income-statement
- Chart image: https://plicit.ai/charts/net-fy2024-q1-income-statement-sankey.png

## Chart details: Revenue by Geography

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.

## Chart details: Revenue by Sales Channel

- Page: https://plicit.ai/financials/net/fy2024-q1-income-statement/revenue-by-sales-channel
- Chart image: https://plicit.ai/charts/net-fy2024-q1-revenue-by-sales-channel-sankey.png

Income statement for 2024-01-01 through 2024-03-31. View: Contract with Customer, Sales Channel. 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
- **Channel partners**: 70,451,000 US dollars
- **Direct customers**: 308,151,000 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.