Cloudflare, Inc.'s Stock Analysis

Cloudflare Reports Q2 2025 Revenue and Operating Loss Details

Cloudflare, Inc. announced its financial results for the second quarter of 2025, reporting total revenue of $512.3 million, a 28% increase year-over-year. The company experienced a GAAP loss from operations of $67.3 million, which is 13% of total revenue, while non-GAAP income from operations was $72.3 million, representing 14% of revenue. The GAAP net loss was $50.4 million, compared to a loss of $15.1 million in the same quarter of the previous year. As of June 30, 2025, Cloudflare had cash, cash equivalents, and available-for-sale securities totaling $3,959.7 million.

For the third quarter, Cloudflare expects revenue between $543.5 million and $544.5 million, with non-GAAP income from operations projected at $75.0 to $76.0 million. For the full fiscal year 2025, the anticipated total revenue is between $2,113.5 million and $2,115.5 million, with non-GAAP income from operations expected to be between $284.0 million and $286.0 million. The company will hold an investor conference call to discuss these results and further details.

Jul 31, 2025 16:18:41

Cloudflare Announces $1.75 Billion Convertible Notes Offering

Cloudflare, Inc. has announced its plan to offer $1.75 billion in Convertible Senior Notes due 2030 through a private offering aimed at qualified institutional buyers. The company may also grant initial purchasers an option to buy an additional $250 million in notes. These notes will be senior and unsecured, with interest payable semi-annually, and can be converted into cash, shares of Cloudflare's Class A common stock, or a combination of both, with terms to be determined upon pricing.

A portion of the proceeds from this offering will be allocated to cover costs associated with capped call transactions, which are designed to mitigate potential dilution of Cloudflare's Class A common stock. The remaining proceeds will be used for general corporate purposes, including working capital, capital expenditures, and debt repayment. The offering is subject to regulatory exemptions, and the notes and shares issued upon conversion will not be registered under the Securities Act.

Jun 17, 2025 16:06:32

Cloudflare Reports Q1 2025 Revenue Growth and Losses

Cloudflare, Inc. announced its financial results for the first quarter of 2025, reporting a revenue of $479.1 million, which is a 27% increase compared to the same period last year. The company experienced a GAAP loss from operations of $53.2 million, representing 11% of total revenue, while its non-GAAP income from operations was $56.0 million, or 12% of revenue. The company also highlighted significant contract wins, including its largest contract to date valued at over $100 million.

In terms of cash flow, Cloudflare generated $145.8 million from operating activities and had a free cash flow of $52.9 million, which is 11% of revenue. As of March 31, 2025, the company reported cash, cash equivalents, and available-for-sale securities totaling $1.91 billion. The press release also provided a financial outlook for the second quarter, expecting revenue between $500.0 million and $501.0 million, along with projected non-GAAP income from operations and net income per share.

May 08, 2025 16:18:39

Cloudflare Announces New Board Members and Departure of Maria Eitel

Cloudflare has appointed three new members to its board of directors: Stacey Cunningham, former President of the New York Stock Exchange; John Graham-Cumming, former Cloudflare CTO; and Dr. Karim Lakhani, a professor at Harvard Business School. Each brings significant expertise in finance, technology, and innovation, which Cloudflare's CEO believes will be valuable as the company continues its mission to enhance Internet connectivity and security. Cunningham's experience in financial operations, Graham-Cumming's technical knowledge, and Lakhani's insights on AI-driven transformation are highlighted as key assets for the board's future direction.

Alongside these appointments, Maria Eitel has stepped down from the board after seven years of service. Eitel was instrumental during her tenure, particularly in guiding Cloudflare through its transition to a public company. The CEO expressed gratitude for her contributions, emphasizing her role in shaping the company's governance during critical milestones. Eitel's departure marks a significant change in the board's composition as Cloudflare seeks to manage its next growth phase.

Mar 27, 2025 16:16:26

Cloudflare Reports $459.9 Million Revenue in Q4 2024

Cloudflare's fourth quarter revenue reached $459.9 million, marking a 27% increase compared to the previous year, while the total revenue for fiscal year 2024 was $1,669.6 million, up 29% year-over-year. The company also saw a significant growth in large customers, with 173 clients spending over $1 million annually, a 47% increase from the previous year. Additionally, the net cash flow from operating activities improved to $127.3 million, compared to $85.4 million in Q4 2023.

On the downside, Cloudflare reported a GAAP loss from operations of $34.7 million in the fourth quarter, although this was an improvement from a loss of $42.8 million in the same quarter last year. The company’s GAAP net loss was $12.8 million, reduced from $27.9 million a year prior. Furthermore, free cash flow decreased to $47.8 million, representing 10% of total revenue, down from 14% in the fourth quarter of 2023.

Feb 06, 2025 16:18:46

Cloudflare Reports $430.1 Million Revenue for Q3 2024

Cloudflare's third quarter revenue reached $430.1 million, marking a 28% increase compared to the same period last year. The company reported a GAAP loss from operations of $30.8 million, which is 7% of revenue, while non-GAAP income from operations was $63.5 million, approximately 15% of revenue. Additionally, Cloudflare achieved a gross profit margin of 77.7% and added a record 219 large customers, now serving 35% of the Fortune 500 companies. Operating cash flow was $104.7 million, representing 24% of revenue, and free cash flow amounted to $45.3 million, or 11% of revenue, indicating solid cash generation capabilities for the quarter.

On the downside, Cloudflare continues to experience a GAAP net loss of $15.3 million, although this is an improvement from a loss of $23.5 million in the same quarter last year. The company reported a net loss per share of $0.04, better than the previous year's $0.07 loss per share. The overall operating expenses have increased significantly, particularly in sales and marketing, which totaled $185.2 million for the quarter. Despite the growth in revenue and customer base, the persistent operating losses and increasing expenses raise concerns about profitability in the near term.

Nov 07, 2024 16:17:57

Cloudflare Reports Strong Q2 2024 Growth and Financials

Cloudflare's revenue for Q2 2024 reached $401 million, up 30% from last year. The company reported a GAAP loss of $34.7 million, improving from a larger loss in the previous year. Non-GAAP income from operations also increased significantly. Operating cash flow was robust at $74.8 million, with free cash flow of $38.3 million. The outlook for Q3 and the full year remains positive, indicating continued growth.

Aug 01, 2024 16:17:45

Cloudflare Reports Strong Q1 2024 Financial Results

Cloudflare's Q1 2024 revenue rose by 30% year-over-year to $378.6 million, with a record number of new customers. The company achieved a non-GAAP income from operations of $42.4 million and free cash flow of $35.6 million. Cloudflare improved sales productivity and maintained strong gross margins. The company forecasts total revenue of $393.5 to $394.5 million for Q2 2024 and $1,648.0 to $1,652.0 million for the full year, demonstrating positive growth expectations.

May 02, 2024 16:17:04

Cloudflare Announces Strong Fourth Quarter and Fiscal Year 2023 Financial Results

Cloudflare's fourth quarter revenue grew by 32% year-over-year, reaching $362.5 million. The company achieved record operating cash flow and free cash flow for the quarter. Full year revenue totaled $1,296.7 million, representing a 33% increase year-over-year. The company also provided a positive financial outlook for the first quarter and full year of 2024, expecting continued growth in revenue and non-GAAP income from operations.

Feb 08, 2024 16:16:10

Cloudflare Reports Strong Q3 2023 Financial Results and Focus on AI

Cloudflare announced its third quarter 2023 financial results, reporting a 32% year-over-year increase in revenue to $335.6 million and achieving record operating profitability. The company also highlighted its efforts in AI, including the launch of Workers AI, a platform for deploying fast and secure AI inference at scale. Cloudflare expects to have inference-optimized GPUs in nearly every location where it operates by the end of 2024. The company provided financial highlights for the quarter, including a GAAP loss from operations of $39.2 million and non-GAAP income from operations of $42.5 million.

Nov 02, 2023 16:16:54