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Cloudflare's revenue is $1.7 billion.

What is Cloudflare's revenue?

Cloudflare's annual revenue is $1.7B. Zippia's data science team found the following key financial metrics about Cloudflare after extensive research and analysis.
  • Cloudflare's revenue growth from 2018 to 2024 is 766.55%.
  • Cloudflare has 2,432 employees, and the revenue per employee ratio is $686,523.
  • Cloudflare's peak quarterly revenue was $459.9M in 2024(q4).
  • Cloudflare peak revenue was $1.7B in 2024.
  • Cloudflare annual revenue for 2023 was 1.3B, 32.97% growth from 2022.
  • Cloudflare annual revenue for 2024 was 1.7B, 28.76% growth from 2023.

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Most recent quarter revenue
$459.9M (Q4'2024)
Company most recent quarter revenue
Peak revenue
$1.7B (2024)
Company peak revenue
Revenue / employee
$686,524
Company revenue / employee

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Most recent quarter revenue
$459.9M (Q4'2024)
Company most recent quarter revenue
Peak revenue
$1.7B (2024)
Company peak revenue
Revenue / employee
$686,524
Company revenue / employee

Cloudflare historical revenue

Cloudflare's peak revenue was $1.7B in 2024. The peak quarterly revenue was $459.9M in 2024(q4).

Cloudflare's revenue increased from $192.7m in 2018 to $1.7B currently. That's a 766.55% change in annual revenue.

Cloudflare annual revenue

$2B
$1B
$1B
$668M
$334M
$0
2019
2020
2021
2022
2023
2024

Cloudflare annual revenue over time

Fiscal year / yearCloudflare revenue
2018$192.7M
2019$287.0M
2020$431.1M
2021$656.4M
2022$975.2M
2023$1.3B
2024$1.7B

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Cloudflare annual growth

Cloudflare saw the greatest revenue growth in 2021, when revenue increased by 52.28%.

Cloudflare had the lowest revenue growth in 2022, when revenue changed by 48.57%.

Cloudflare annual growth rate over time

YearCloudflare growth
2019
49%
2020
50%
2021
52%
2022
49%
2023
33%
2024
29%

Cloudflare quarterly revenue over time

  • Q1
  • Q2
  • Q3
  • Q4
$460M
$368M
$276M
$184M
$92M
$0
2020
2021
2022
2023
2024

Cloudflare quarterly growth rate over time

YearQ1Q2Q3Q4
2019--$73.9M$83.9M
2020$91.3M$99.7M$114.2M$125.9M
2021$138.1M$152.4M$172.3M$193.6M
2022$212.2M$234.5M$253.9M$274.7M
2023$290.2M$308.5M$335.6M$362.5M
2024$378.6M$401.0M$430.1M$459.9M

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Cloudflare financial information

CEOMatthew Browning Prince
IndustrySoftware & Services
Company TypePublic
Employees Number2,432
Date Founded2009
HeadquartersSan Francisco, California
Number of Locations19
Revenue$1.7B
Net Income-$193,381,000
Gross Proft$1.3B (2024)
Tax Rate-0.1%
Total Assets$2,587,908,000
TickerNET

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Cloudflare financing

Cloudflare received early financing of $2.0M on 2009-11-25.

SeriesRound sizeDate
Series A$2M11/2009
Series B$20M07/2011
Series C$50M12/2013
Series D$110M09/2015
Series E$150M03/2019

Cloudflare investors

InvestorsSecurity type
UV Partners IncSeries A
VenrockSeries A
New Enterprise Associates (NEA)Series B
UV Partners IncSeries B
VenrockSeries B
Union Square VenturesSeries C
New Enterprise Associates (NEA)Series C
VenrockSeries C
UV Partners IncSeries C
Greenspring AssociatesSeries C
Union Square VenturesSeries D
New Enterprise Associates (NEA)Series D
Microsoft AcceleratorSeries D
GoogleSeries D
Qualcomm VenturesSeries D
UV Partners IncSeries D
VenrockSeries D
BAIDU, INC.Series D
Fidelity InvestmentsSeries D
Greenspring AssociatesSeries D
CapitalGSeries D
Franklin ResourcesSeries E

Cloudflare competitors

Cloudflare's top competitor, Google, earned an annual revenue of $350.0B.

Cloudflare's smallest competitor is Comodo with revenue of $28.9M last year.

Cloudflare revenue FAQs

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Zippia gives an in-depth look into the details of Cloudflare, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Cloudflare. The employee data is based on information from people who have self-reported their past or current employments at Cloudflare. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Cloudflare. The data presented on this page does not represent the view of Cloudflare and its employees or that of Zippia.

Cloudflare may also be known as or be related to CLOUDFLARE, INC., CloudFlare, Inc., Cloudflare and Cloudflare, Inc.