Company: NET
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001477333-25-000137
Chunk: 379

Company: Cloudflare, Inc.
Filing Date: 2025-07-31
Form: 10-Q
Item: Part I, Item 1
Chunk 379
---
20252024$%20252024$%(dollars in thousands)(dollars in thousands)Interest income$25,406 $21,715 $3,691 17 %$46,805 $42,967 $3,838 9 %

Interest income did not significantly fluctuate during the three and six months ended June 30, 2025, as compared to the three and six months ended June 30, 2024. 

Interest Expense

Three Months EndedJune 30,ChangeSix Months EndedJune 30,Change20252024$%20252024$%(dollars in thousands)(dollars in thousands)Interest expense$(1,524)$(1,218)$(306)25 %$(2,967)$(2,318)$(649)28 %

Interest expense did not significantly fluctuate during the three and six months ended June 30, 2025, as compared to the three and six months ended June 30, 2024. 

Other Income (Expense), net

46

Three Months EndedJune 30,ChangeSix Months EndedJune 30,Change20252024$%20252024$%(dollars in thousands)(dollars in thousands)Other income (expense), net$(3,907)$269 $(4,176)*$(7,375)$1,393 $(8,768)*

______________

* Not meaningful

Other income (expense), net did not significantly fluctuate during the three months ended June 30, 2025, as compared to the three months ended June 30, 2024. 

Other income (expense), net decreased by $8.8 million for the six months ended June 30, 2025 compared to the six months ended June 30, 2024. The decrease was primarily driven by larger unrealized losses due to changes in foreign currency exchange rates relative to the U.S. dollar compared to prior periods. 

Provision for Income Taxes

Three Months EndedJune 30,ChangeSix Months EndedJune 30,Change20252024$%20252024$%(dollars in thousands)(dollars in thousands)Provision for income taxes$3,157 $1,146 $2,011 175 %$4,852 $3,415 $1,437 42 %

The net change in income taxes for the three months ended June 30, 2025 compared to the three months ended