NET FCF Margin
Free cash flow as a percentage of revenue, showing how much of each sales dollar becomes cash.
FCF Margin
Latest: 9.7% (2026Q2)
| Period | Value |
|---|---|
| 2022Q1 | -28.3% |
| 2022Q2 | 0.5% |
| 2022Q3 | 0.3% |
| 2022Q4 | 13.8% |
| 2023Q1 | 6.5% |
| 2023Q2 | 8.3% |
| 2023Q3 | 12.2% |
| 2023Q4 | 15.1% |
| 2024Q1 | 11.0% |
| 2024Q2 | 11.3% |
| 2024Q3 | 12.7% |
| 2024Q4 | 11.8% |
| 2025Q1 | 12.5% |
| 2025Q2 | 7.8% |
| 2025Q3 | 14.7% |
| 2025Q4 | 17.1% |
| 2026Q1 | 14.6% |
| 2026Q2 | 9.7% |
Other NET Charts
More quarter-by-quarter fundamentals for Cloudflare, Inc.
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Revenue
EPS
Free Cash Flow
Gross Margin
P/E Ratio
Cumulative FCF
Shares Outstanding
Total Assets
Total Debt
Rule of 40
Networking & Security Comparison
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Latest FCF Margin: 9.7% (2026Q2); +1.9 pp YoY.
Across the 18 quarters from 2022Q1 to 2026Q2, FCF Margin ranged from -28.3% in 2022Q1 to 17.1% in 2025Q4.