Filing Flows › Cloudflare (NET) › Q2 2026 › vs Q1 2026
Cloudflare (NET) Q2 2026 vs Q1 2026 (quarter over quarter)
Cloudflare's revenue rose $56.3M (+9%) from $640M in Q1 2026 to $696M in Q2 2026.
Cloudflare, Q2 2026: revenue $696M (+36% year over year), operating margin -29.6%, net loss $170M, operating cash flow $118M. The chart draws each line against Q1 2026, the increases inside each band.
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $696M | $640M | $56.3M | +9% |
| Other income, net | $37.8M | $40.6M | −$2.8M | -7% |
| Net loss | $170M | $22.9M | $147M | +641% |
| Costs & expenses | $904M | $703M | $201M | +29% |
| Operating costs | $902M | $702M | $200M | +29% |
| Income tax | $2.0M | $1.5M | $515K | +34% |
| Cost of revenue | $197M | $184M | $12.4M | +7% |
| Research & development | $159M | $151M | $8.5M | +6% |
| Sales & marketing | $276M | $272M | $4.5M | +2% |
| General & admin | $119M | $95.0M | $23.9M | +25% |
| Operating cash sources | $288M | $181M | $106M | +59% |
| Depreciation & amortization | $65.4M | $57.8M | $7.5M | +13% |
| Share-based compensation | $160M | $114M | $45.6M | +40% |
| Working capital & other | $62.3M | $9.2M | $53.1M | +577% |
| Net loss absorbed | $170M | $22.9M | $147M | +641% |
| Operating cash flow | $118M | $158M | −$40.8M | -26% |
Questions
How much did Cloudflare's revenue grow quarter over quarter in Q2 2026?
Cloudflare's revenue rose $56.3M (+9%) from $640M in Q1 2026 to $696M in Q2 2026.