Cloudflare Past Earnings Performance
Past criteria checks 0/6
Cloudflare's earnings have been declining at an average annual rate of -19.4%, while the IT industry saw earnings growing at 14.2% annually. Revenues have been growing at an average rate of 36.2% per year.
Key information
-19.4%
Earnings growth rate
9.3%
EPS growth rate
| IT Industry Growth | 22.4% |
| Revenue growth rate | 36.2% |
| Return on equity | -24.1% |
| Net Margin | -14.2% |
| Next Earnings Update | 02 May 2024 |
Recent past performance updates
Recent updates
Cloudflare: Too Much Optimism
Apr 19Cloudflare: Navigating High Valuations With Growth Potential
Apr 03Is Cloudflare (NYSE:NET) Weighed On By Its Debt Load?
Mar 31
Is There Now An Opportunity In Cloudflare, Inc. (NYSE:NET)?
Mar 13Cloudflare: 2021 All Over Again?
Mar 03Cloudflare, Inc.'s (NYSE:NET) 34% Jump Shows Its Popularity With Investors
Feb 10Cloudflare: Build AI Edge Exit Strategy
Feb 09Estimating The Intrinsic Value Of Cloudflare, Inc. (NYSE:NET)
Feb 02Cloudflare: Near-Term Expectations Are Too High
Jan 31Cloudflare's Valuation Advantage: Progress Toward GAAP Breakeven (Upgrade)
Jan 09Cloudflare, Inc.'s (NYSE:NET) P/S Is On The Mark
Dec 22Cloudflare: Why I Am Now Downgrading The Stock
Dec 02Cloudflare (NYSE:NET) Has Debt But No Earnings; Should You Worry?
Nov 17How Cloudflare Anticipated The AI Revolution Years In Advance
Nov 16Cloudflare: Buy The Dips For This Expensive Stock? Don't Be Fooled
Oct 27What Is Cloudflare, Inc.'s (NYSE:NET) Share Price Doing?
Oct 27Cloudflare: AI Edge
Sep 27Cloudflare Has AI Upside
Sep 20Estimating The Intrinsic Value Of Cloudflare, Inc. (NYSE:NET)
Sep 14Cloudflare: Upgrading To Buy On Strong Execution In Sales Challenges
Aug 21Why We're Not Concerned About Cloudflare, Inc.'s (NYSE:NET) Share Price
Aug 11Cloudflare: Phenomenal Company But Now Isn't The Time
Jul 23Is Cloudflare (NYSE:NET) Using Too Much Debt?
Jul 16Cloudflare Boosts Strong Network Positioning For Long-Term Growth
Jul 15Cloudflare: Why It's Time To Downgrade The Stock
Jun 18Cloudflare: Eternal Optimism
May 30Is Cloudflare (NYSE:NET) Using Debt In A Risky Way?
Apr 17Cloudflare: ChatGPT, AI And The Competitive Advantage Most Miss
Feb 20Cloudflare Q4 Earnings: Recession? Not Here
Feb 13Why Cloudflare, Inc. (NYSE:NET) Could Be Worth Watching
Feb 08Cloudflare Q4 Earnings: Can The Share Price Be Justified?
Feb 07Cloudflare: Uncertain 2023
Jan 25Cloudflare, Inc. (NYSE:NET) Shares Could Be 22% Below Their Intrinsic Value Estimate
Jan 09Revenue & Expenses BreakdownBeta
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 |
|---|---|---|---|---|
| 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: NET is currently unprofitable.
Growing Profit Margin: NET is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: NET is unprofitable, and losses have increased over the past 5 years at a rate of 19.4% per year.
Accelerating Growth: Unable to compare NET's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NET is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (1.3%).
Return on Equity
High ROE: NET has a negative Return on Equity (-24.11%), as it is currently unprofitable.