Cloudflare Inc. | Large-cap | Technology
$179.30
-1.16%
| Cloudflare Stock Comparison:
Cloudflare vs MicrosoftCloudflare vs OracleCloudflare vs Palo Alto NetworksCloudflare vs CrowdStrike HoldingsCloudflare vs FortinetCloudflare vs S&P 500 | Market
Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 1.7B
Gross Profit 1.3B 77.32%
Operating Income -154.8M -9.27%
Net Income -78.8M -4.72%
EPS (Diluted) -$0.23

Balance Sheet Metrics

Total Assets 3.3B
Total Liabilities 2.3B
Shareholders Equity 1.0B
Debt to Equity 2.16

Cash Flow Metrics

Operating Cash Flow 422.1M
Free Cash Flow 166.9M

Revenue & Profitability Trend

Cloudflare Income Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Revenue 1.7B 1.3B 975.2M 656.4M 431.1M
Cost of Goods Sold 378.7M 307.0M 232.6M 147.1M 101.1M
Gross Profit 1.3B 989.7M 742.6M 509.3M 330.0M
Operating Expenses 1.4B 1.2B 943.8M 637.0M 436.8M
Operating Income -154.8M -185.5M -201.2M -127.7M -106.8M
Pre-tax Income -70.9M -177.9M -190.7M -248.0M -125.0M
Income Tax 7.9M 6.1M 2.6M 12.3M -5.6M
Net Income -78.8M -183.9M -193.4M -260.3M -119.4M
EPS (Diluted) -$0.23 -$0.55 -$0.59 -$0.83 -$0.40

Income Statement Trend

Cloudflare Balance Sheet From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Assets
Current Assets 2.3B 2.0B 1.9B 2.0B 1.1B
Non-Current Assets 1.0B 776.7M 700.0M 416.2M 250.7M
Total Assets 3.3B 2.8B 2.6B 2.4B 1.4B
Liabilities
Current Liabilities 793.7M 567.1M 397.9M 288.6M 141.4M
Non-Current Liabilities 1.5B 1.4B 1.6B 1.3B 422.3M
Total Liabilities 2.3B 2.0B 2.0B 1.6B 563.7M
Equity
Total Shareholders Equity 1.0B 763.0M 624.0M 815.8M 816.9M

Balance Sheet Composition

Cloudflare Cash Flow Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Operating Activities
Net Income -78.8M -183.9M -193.4M -260.3M -119.4M
Operating Cash Flow 422.1M 231.2M 132.1M -76.2M -27.6M
Investing Activities
Capital Expenditures -185.0M -114.4M -143.6M -93.0M -56.4M
Investing Cash Flow -301.7M -165.7M -215.9M -694.6M -496.7M
Financing Activities
Dividends Paid - - - - -
Financing Cash Flow -19.9M -226.1M -19.1M 811.0M 486.1M
Free Cash Flow 166.9M 119.5M -39.8M -43.1M -92.1M

Cash Flow Trend

Cloudflare Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) -747.70
Forward P/E 199.97
Price to Book 41.79
Price to Sales 33.67
PEG Ratio 199.97

Profitability Ratios

Profit Margin -4.62%
Operating Margin -11.11%
Return on Equity -7.35%
Return on Assets -2.64%

Financial Health

Current Ratio 3.20
Debt to Equity 103.51
Beta 1.84

Per Share Data

EPS (TTM) -$0.24
Book Value per Share $4.12
Revenue per Share $5.16

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
net 59.6B -747.70 41.79 -7.35% -4.62% 103.51
Microsoft 3.6T 36.91 11.04 33.61% 35.79% 32.63
Oracle 603.5B 49.48 28.79 82.38% 21.68% 496.47
Palo Alto Networks 130.9B 112.15 18.08 21.16% 13.95% 11.15
CrowdStrike Holdings 119.8B 716.55 34.69 -5.74% -4.17% 22.50
Fortinet 77.2B 41.49 39.51 205.91% 30.60% 54.84

Financial data is updated regularly. All figures are in the company's reporting currency.