Cloudflare, Inc. (NET) FY2024 Q3 P&L / Income Statement

Cloudflare, Inc. (NET) FY2024 Q3 P&L / Income Statement

Income statement for 2024-07-01 through 2024-09-30. View: Contract with Customer, Sales Channel. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Revenue

430,082,000 US dollars

Cost of revenue

95,967,000 US dollars

Gross profit

334,115,000 US dollars

Total operating expenses

364,909,000 US dollars

Loss from operations

negative 30,794,000 US dollars

Total non-operating income (expense), net

17,972,000 US dollars

Loss before income taxes

negative 12,822,000 US dollars

Provision for income taxes

2,509,000 US dollars

Net loss

negative 15,331,000 US dollars

Channel partners

88,865,000 US dollars

Direct customers

341,217,000 US dollars

Sales and marketing

185,221,000 US dollars

Research and development

110,911,000 US dollars

General and administrative

68,777,000 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.