• Cloudflare average pre-tax profit margin for 2024 was -7.18%, a 57.08% decline from 2023.
• Cloudflare average pre-tax profit margin for 2023 was -16.73%, a 38.99% decline from 2022.
• Cloudflare average pre-tax profit margin for 2022 was -27.42%, a 16.43% decline from 2021.

Pre-tax profit margin can be defined as earnings before taxes as a portion of total revenue.