Cloudflare Past Earnings Performance
Past criteria checks 0/6
Cloudflare's earnings have been declining at an average annual rate of -7.2%, while the IT industry saw earnings growing at 7.6% annually. Revenues have been growing at an average rate of 33.6% per year.
Key information
-7.2%
Earnings growth rate
6.5%
EPS growth rate
| IT Industry Growth | 14.0% |
| Revenue growth rate | 33.6% |
| Return on equity | -9.6% |
| Net Margin | -6.0% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Cloudflare makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 1,572 | -94 | 969 | 398 |
| 30 Jun 24 | 1,478 | -102 | 921 | 377 |
| 31 Mar 24 | 1,385 | -181 | 892 | 364 |
| 31 Dec 23 | 1,297 | -184 | 817 | 358 |
| 30 Sep 23 | 1,209 | -202 | 765 | 341 |
| 30 Jun 23 | 1,127 | -221 | 721 | 327 |
| 31 Mar 23 | 1,053 | -190 | 692 | 313 |
| 31 Dec 22 | 975 | -193 | 642 | 298 |
| 30 Sep 22 | 894 | -225 | 598 | 280 |
| 30 Jun 22 | 813 | -290 | 551 | 251 |
| 31 Mar 22 | 731 | -262 | 485 | 217 |
| 31 Dec 21 | 656 | -260 | 447 | 189 |
| 30 Sep 21 | 589 | -217 | 398 | 162 |
| 30 Jun 21 | 531 | -136 | 361 | 147 |
| 31 Mar 21 | 478 | -127 | 328 | 133 |
| 31 Dec 20 | 431 | -119 | 303 | 127 |
| 30 Sep 20 | 389 | -114 | 292 | 119 |
| 30 Jun 20 | 349 | -128 | 286 | 116 |
| 31 Mar 20 | 317 | -121 | 267 | 106 |
| 31 Dec 19 | 287 | -106 | 241 | 91 |
| 30 Sep 19 | 259 | -94 | 216 | 80 |
| 30 Jun 19 | 235 | -91 | 205 | 67 |
| 31 Mar 19 | 213 | -93 | 194 | 61 |
| 31 Dec 18 | 193 | -87 | 180 | 54 |
| 31 Dec 17 | 135 | -11 | 82 | 34 |
| 31 Dec 16 | 85 | -17 | 54 | 24 |
Quality Earnings: 8CF is currently unprofitable.
Growing Profit Margin: 8CF is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 8CF is unprofitable, and losses have increased over the past 5 years at a rate of 7.2% per year.
Accelerating Growth: Unable to compare 8CF's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 8CF is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (17.4%).
Return on Equity
High ROE: 8CF has a negative Return on Equity (-9.64%), as it is currently unprofitable.