Cloudflare, Inc. (NET) FY2026 Q2 P&L / Income Statement

Revenue by Sales Channel

2026-04-01 to 2026-06-30

Swipe to see the full flow
Cloudflare, Inc. (NET) FY2026 Q2 P&L / Income StatementIncome statement for 2026-04-01 through 2026-06-30. View: Contract with Customer, Sales Channel. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETDirect customersChannel partnersRevenueGross profitCost of revenueLoss from operationsTotal operating expensesSales and marketingResearch and developmentGeneral and administrativeRestructuring and other chargesTotal non-operating income, netLoss before income taxesNet lossProvision for income taxesTotal non-operating income, netTotal non-operatingincome, net$37.76 MLoss before income taxesLoss beforeincome taxes−$167.94 MRevenueRevenue$696.06 MGross profitGross profit$499.52 MLoss from operationsLoss from operations−$205.70 MNet lossNet loss−$169.98 MDirect customersDirect customers$478.41 MTotal operating expensesTotal operatingexpenses$705.21 MProvision for income taxesProvision forincome taxes$2.04 MSales and marketingSales and marketing$276.12 MCost of revenueCost of revenue$196.54 MChannel partnersChannel partners$217.65 MResearch and developmentResearch and development$159.49 MGeneral and administrativeGeneral and administrative$118.91 MRestructuring and other chargesRestructuring and other charges$150.69 M
Chart details

Cloudflare, Inc. (NET) FY2026 Q2 P&L / Income Statement

Income statement for 2026-04-01 through 2026-06-30. View: Contract with Customer, Sales Channel. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Revenue
696,061,000 US dollars
Cost of revenue
196,544,000 US dollars
Gross profit
499,517,000 US dollars
Total operating expenses
705,213,000 US dollars
Loss from operations
negative 205,696,000 US dollars
Total non-operating income, net
37,756,000 US dollars
Loss before income taxes
negative 167,940,000 US dollars
Provision for income taxes
2,041,000 US dollars
Net loss
negative 169,981,000 US dollars
Channel partners
217,653,000 US dollars
Direct customers
478,408,000 US dollars
Sales and marketing
276,122,000 US dollars
Research and development
159,486,000 US dollars
General and administrative
118,912,000 US dollars
Restructuring and other charges
150,693,000 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) FY2026 Q2 Revenue by Sales Channel Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Gross margin

71.8%

Gross profit / revenue

Operating margin

−29.6%

Operating profit / revenue

Newsletter

Get the teardowns by email

Subscribe if you want the public-company teardowns in your inbox when they're released.

Product waitlist

Health Check and Teardown for your own company

A health check uncovers insights of your private books, not a public ticker. Join this list to get notified as soon as we go-live!