Cloudflare, Inc.NETNYSE
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Cost of Revenue Over TimeExpanding
Percentile Rank100
3Y CAGR+33.6%
5Y CAGR+40.6%
Studio
Year-over-Year Change

Direct costs attributable to producing goods sold

3Y CAGR
+33.6%/yr
vs +52.0%/yr prior
5Y CAGR
+40.6%/yr
Recent deceleration
Acceleration
-18.5pp
Decelerating
Percentile
P100
Near historical high
vs 5Y Ago
5.5x
Strong expansion
Streak
9 yr
Consecutive growthExpanding
PeriodValueYoY Change
2025$554.35M+46.4%
2024$378.70M+23.4%
2023$307.00M+32.0%
2022$232.61M+58.1%
2021$147.13M+45.6%
2020$101.06M+59.3%
2019$63.42M+45.7%
2018$43.54M+51.2%
2017$28.79M+20.1%
2016$23.96M-