For the year ending 2025-12-31, NET made $2,167,937K in revenue. -$102,267K in net income. Net profit margin of -4.72%.
| Income Statement | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Revenue | 2,167,937 | 1,669,626 | ||
| Cost of revenue | 552,525 | 378,702 | ||
| Gross profit | 1,615,412 | 1,290,924 | ||
| Sales and marketing | 920,817 | 745,791 | ||
| Research and development | 512,489 | 421,374 | ||
| General and administrative | 389,311 | 278,520 | ||
| Total operating expenses | 1,822,617 | 1,445,685 | ||
| Loss from operations | -207,205 | -154,761 | ||
| Interest income | 131,219 | 87,426 | ||
| Interest expense | 8,766 | 5,196 | ||
| Loss on extinguishment of debt | 0 | - | ||
| Other income (expense), net | -7,954 | 1,660 | ||
| Total non-operating income, net | 114,499 | 83,890 | ||
| Loss before income taxes | -92,706 | -70,871 | ||
| U.s. federal statutory income tax rate | -19,468 | - | ||
| State income taxes, net of federal tax benefits | -154 | - | ||
| Stock-based and employee compensation-GB | -16,151 | - | ||
| Changes in valuation allowances-GB | 15,071 | - | ||
| Deferred remeasurement-GB | -3,856 | - | ||
| Other adjustments-GB | 1,766 | - | ||
| Research and development tax credits-PT | 1,566 | - | ||
| Other adjustments-PT | -165 | - | ||
| Foreign tax effects-BR | 1,245 | - | ||
| Foreign tax effects-Foreign Tax Jurisdiction Other | 3,672 | - | ||
| Research and development tax credits-US | 18,178 | - | ||
| Changes in valuation allowances-US | 139,326 | - | ||
| Stock-based and employee compensation-US | -98,134 | - | ||
| Other | 1,089 | - | ||
| Other adjustments-US | -167 | - | ||
| Changes in unrecognized tax benefits | 5,231 | - | ||
| Provision for income taxes | 9,561 | 7,929 | ||
| Net loss | -102,267 | -78,800 | ||
| Basic EPS | -0.29 | -0.23 | ||
| Diluted EPS | -0.29 | -0.23 | ||
| Basic Average Shares | 348,421,000 | 341,411,000 | ||
| Diluted Average Shares | 348,421,000 | 341,411,000 | ||
Cloudflare, Inc. (NET)
Cloudflare, Inc. (NET)