Cloudflare, Inc. (NET) Revenue by Segment
Cloudflare revenue by segment at a glance
In Q2 fiscal 2026 (the quarter ended June 30, 2026), Cloudflare's largest region was United States, with $354.45 million or 51% of revenue, up 40.7% from a year earlier. Next: EMEA (27%), Asia Pacific (14%) and Other Geographical Regions (8%).
By sales channel, Directly to Consumer brought in 69% and Through Intermediary brought in 31% of revenue in Q2 fiscal 2026.
The fastest-growing region from a year earlier was United States (+40.7%).
From company filings, in USD; latest quarter ended June 30, 2026; quarterly data from Q3 fiscal 2018.
Cloudflare, Inc.
Revenue breakdown
Fiscal quarters, from company filings
Cloudflare revenue by region, last 4 quarters
| Region | Q2 FY26 | Q1 FY26 | Q3 FY25 | Q2 FY25 | Share |
|---|---|---|---|---|---|
| United States | $354.4M | $315.8M | $282.6M | $251.9M | 51% |
| EMEA | $187.0M | $175.7M | $153.3M | $143.4M | 27% |
| Asia Pacific | $99.4M | $98.6M | $84.7M | $75.1M | 14% |
| Other Geographical Regions | $55.1M | $49.6M | $41.5M | $41.8M | 8% |
In USD, fiscal quarters as reported; share = part of Q2 FY26 revenue.
Cloudflare revenue by sales channel, last 4 quarters
| Sales channel | Q2 FY26 | Q1 FY26 | Q3 FY25 | Q2 FY25 | Share |
|---|---|---|---|---|---|
| Directly to Consumer | $478.4M | $446.8M | $412.2M | $381.9M | 69% |
| Through Intermediary | $217.7M | $193.0M | $149.9M | $130.4M | 31% |
In USD, fiscal quarters as reported; share = part of Q2 FY26 revenue.
Questions and answers
Which region makes the most money for Cloudflare?
United States: $354.45 million, or 51% of revenue, in Q2 fiscal 2026.
Where does Cloudflare make its money?
By region in Q2 fiscal 2026: United States (51%), EMEA (27%), Asia Pacific (14%) and Other Geographical Regions (8%).
