Cloudflare's revenue growth accelerated to 35.9% YoY in 2026Q2, driven by AI demand and a robust deferred revenue balance of $852.4M, indicating strong forward visibility.
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue growth accelerated to 35.9% YoY in 2026Q2, but gross margin declined to 71.8% and operating margin worsened to -29.6%, reflecting rising costs and SBC.
Cloudflare's AI infrastructure is uniquely positioned as AI inference shifts from centralized data centers to the edge, leveraging its 320-city network for proximity to users and devices.
The company manages 20% of global web traffic, creating strong network effects that enhance its service offerings and competitive moat.
Cloudflare exhibits a strong growth trajectory with a stock price appreciation of approximately 83.36%, indicating robust market confidence.
Trailing total returns as of 11/7/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Nov 5, 2026 | $0.38+11.0% vs $0.34 | $783M+6.2% vs $737M |
Q3 2026 Aug 6, 2026 | $0.29+8.0% vs $0.27 | $696M+4.7% vs $665M |
Q2 2026 May 7, 2026 | $0.25+8.4% vs $0.23 | $640M+3.0% vs $621M |
Q1 2026 Feb 10, 2026 | $0.28+3.2% vs $0.27 | $615M+3.9% vs $591M |
Cloudflare's earnings pop lit up a few thematic funds while barely nudging the big index funds most investors own. Which ETFs carry the biggest stakes, and what hidden overlap could leave you holding the same stocks twice?
Cloudflare's third-quarter revenue surged 39% to $783 million, easily beating Wall Street's estimates. The company doubled its active developer base to 10 million and logged its first revenue from AI bot traffic.
Cloudflare's CEO said the company just posted a record quarter, yet the stock still sank with the rest of tech. Now a hefty valuation and a bold profit promise leave two clear tests for whether investors got it wrong.
NET beats Q3 earnings and revenue estimates on strong enterprise demand and AI platform adoption, raising its 2026 outlook despite gross margin pressure.
Benchmark NET against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Cloudflare, Inc. (NET)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $268.75 | $95.39B | -926.72 | 29.85% | -4.72% | -8.16% | — | |
| $15.85 | $2.48B | -19.10 | 14.78% | -11.8% | -8.46% | — | |
| $83.09 | $12.08B | 27.07 | 5.44% | 9.51% | 8.49% | — | |
| $40.34 | $1.3B | -93.81 | 0.71% | 1.01% | 0.01% | — | |
| $197.66 | $31.96B | -732.07 | 23.31% | -1.88% | -2.76% | — | |
| $313.84 | $213.89B | 196.15 | 14.87% | 2.67% | 1.68% | — |
Cloudflare, Inc. (NET) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Cloudflare, Inc. (NET) SEC filings — annual & quarterly reports (10-K, 10-Q)
Aug 6, 2026·SEC
Jun 30, 2026·SEC
May 7, 2026·SEC
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Cloudflare, Inc. (NET) stock FAQ — growth, dividends, profitability & financials explained
Cloudflare, Inc. (NET) reported $2.51B in revenue over the trailing twelve months. Revenue was $2.17B in fiscal year 2025. That is 1507% more than the $134.9M of fiscal year 2017.
Cloudflare, Inc. (NET) grew revenue by 29.8% in fiscal year 2025, compared with the prior fiscal year.
No. Cloudflare, Inc. (NET) reported a net loss of $206.3M over the trailing twelve months.
Cloudflare, Inc. (NET) had a return on equity (ROE) of -8.2% in fiscal year 2025. A negative ROE means the company lost money over the period.
Cloudflare, Inc. (NET) generated $462.7M in free cash flow over the trailing twelve months.
