Cloudflare Inc. (NET) Revenue-to-Profit Sankey Flow & SEC XBRL Financials
Cloudflare Inc. (NET) carries a Roarable Rating of C (Hold) with 62/100 RQD Confidence. The underlying business is intact, so current owners don’t need to panic-sell—but mixed big-money flow or rich pricing means new buyers can afford to wait for either a pullback or a B-or-higher upgrade.
How NET Turns Every Dollar of Sales Into Real Bottom-Line Profit
Multi-Year SEC EDGAR XBRL Revenue, Net Profit & Free Cash Flow Trajectory
| Fiscal Year | Revenue | Gross Margin | Op Margin | Net Profit | Free Cash Flow | ROIC % |
|---|---|---|---|---|---|---|
| FY 2025 | $2.17B | 74.5% | -9.6% | -$102.3M | $287.5M | -6.4% |
| FY 2024 | $1.67B | 77.3% | -9.3% | -$78.8M | $195.4M | -6.4% |
| FY 2023 | $1.30B | 44% | -14.3% | -$183.9M | $196.1M | -0.4% |
Red-Light Warning Desk: How Pros Profit When Overhyped Stocks Crack (Featuring NET)
- ✓Live walkthrough of NET's RQD Radar, SEC cash-conversion gap & downside levels
- ✓3 asymmetric Bear/Hedge setups institutions use when 10-year yields stay elevated
- ✓Includes instant 24/7 email alert whenever any of your stocks flip to Red
NET Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure
Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).
vs. +29.8% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).
No active Ellis Vennor swing setup published on NET today. View full Setup Ledger →
No direct multi-tier Butterfly edges indexed yet for NET. Explore sector supply chains on /butterfly.
NET Investor FAQ & Complete 8-Part Research Index
100% OPEN ACCESS • SEC EDGAR × CBOE × FREDHow profitable is Cloudflare Inc. (NET)?
In FY 2025 (10-K), NET converted $2.2B of revenue into a 74.5% gross margin, 0% operating margin, and $287.5M in free cash flow (13.3% FCF margin).