Cloudflare, Inc. (NET) FY2024 Q2 P&L / Income Statement

Revenue by Geography

2024-04-01 to 2024-06-30

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Cloudflare, Inc. (NET) FY2024 Q2 P&L / Income StatementIncome statement for 2024-04-01 through 2024-06-30. 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 (expense), netLoss before income taxesNet lossProvision for income taxesTotal non-operating income (expense), netTotal non-operatingincome (expense), net$20.77 MLoss before income taxesLoss beforeincome taxes−$13.93 MRevenueRevenue$401.00 MGross profitGross profit$311.99 MLoss from operationsLoss from operations−$34.70 MNet lossNet loss−$15.08 MTotal operating expensesTotal operatingexpenses$346.68 MUNITED STATESUNITED STATES$207.01 MProvision for income taxesProvision forincome taxes$1.15 MSales and marketingSales and marketing$174.50 MEurope, Middle East, and AfricaEurope, Middle East, and Africa$110.97 MCost of revenueCost of revenue$89.01 MResearch and developmentResearch and development$102.55 MAsia PacificAsia Pacific$52.13 MOtherOther$30.89 MGeneral and administrativeGeneral and administrative$69.64 M
Chart details

Cloudflare, Inc. (NET) FY2024 Q2 P&L / Income Statement

Income statement for 2024-04-01 through 2024-06-30. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Revenue
400,996,000 US dollars
Cost of revenue
89,011,000 US dollars
Gross profit
311,985,000 US dollars
Total operating expenses
346,683,000 US dollars
Loss from operations
negative 34,698,000 US dollars
Total non-operating income (expense), net
20,766,000 US dollars
Loss before income taxes
negative 13,932,000 US dollars
Provision for income taxes
1,146,000 US dollars
Net loss
negative 15,078,000 US dollars
UNITED STATES
207,008,000 US dollars
Europe, Middle East, and Africa
110,968,000 US dollars
Asia Pacific
52,126,000 US dollars
Other
30,894,000 US dollars
Sales and marketing
174,501,000 US dollars
Research and development
102,547,000 US dollars
General and administrative
69,635,000 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 Q2 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

77.8%

Gross profit / revenue

Operating margin

−8.7%

Operating profit / revenue

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