Cloudflare
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Cloudflare's past years’ income statements indicate that its last revenue has increased compared to the previous period by 33% to $1,296,745,000. The net income raised on -$183,949,000 and profit margin reached -14%. Total operating expenses were $1,175,225,000.
Profit Margin
| 2016 | 84.79M | -17.33M | -20.44% |
|---|---|---|---|
| 2017 | 134.91M | -10.74M | -7.97% |
| 2018 | 192.67M | -87.16M | -45.24% |
| 2019 | 287.02M | -105.82M | -36.87% |
| 2020 | 431.05M | -119.37M | -27.69% |
| 2021 | 656.42M | -260.30M | -39.66% |
| 2022 | 975.24M | -193.38M | -19.83% |
| 2023 | 1.29B | -183.94M | -14.19% |
NET Income Statement (2016 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||
Revenue | 1.29B | 975.24M | 656.42M | 431.05M | 287.02M | 192.67M | 134.91M | 84.79M |
Cost of revenue | 307.00M | 232.61M | 147.13M | 101.05M | 63.42M | 43.53M | 28.78M | 23.96M |
Gross profit | 989.74M | 742.63M | 509.29M | 330.00M | 223.59M | 149.13M | 106.12M | 60.82M |
Operating exp. | ||||||||
Research and development | 358.14M | 298.30M | 189.40M | 127.14M | 90.66M | 54.46M | 33.65M | 23.66M |
Selling and marketing | 599.11M | 465.76M | 328.06M | 217.87M | 159.29M | 94.39M | 61.89M | 40.12M |
Total operating expenses | 1.17B | 943.83M | 636.97M | 436.77M | 331.54M | 234.03M | 115.85M | 77.85M |
Operating income | -185.48M | -201.20M | -127.68M | -106.76M | -107.94M | -84.89M | -9.73M | -17.02M |
Other income (expenses), net | 7.62M | 10.47M | -120.29M | -18.20M | 3.23M | -1.18M | 15K | -236K |
Income before tax | -177.86M | -190.73M | -247.97M | -124.97M | -104.71M | -86.08M | -9.71M | -17.26M |
Income tax expense | 6.08M | 2.64M | 12.33M | -5.60M | 1.11M | 1.07M | 1.03M | 69K |
Net income | -183.94M | -193.38M | -260.30M | -119.37M | -105.82M | -87.16M | -10.74M | -17.33M |
Earnings per share | ||||||||
Basic EPS | -0.55 | -0.59 | -0.83 | -0.4 | -0.35 | -0.37 | -0.04 | -0.07 |
Diluted EPS | -0.55 | -0.59 | -0.83 | -0.4 | -0.35 | -0.37 | -0.04 | -0.07 |
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