cloudflare inc. - NET

NET

Close Chg Chg %
220.75 -7.67 -3.47%

Closed Market

213.09

-7.67 (3.47%)

Volume: 3.29M

Last Updated:

Mar 24, 2026, 3:59 PM EDT

Company Overview: cloudflare inc. - NET

NET Key Data

Open

$220.66

Day Range

212.94 - 221.49

52 Week Range

89.42 - 259.80

Market Cap

$77.66B

Shares Outstanding

351.98M

Public Float

314.50M

Beta

1.99

Rev. Per Employee

N/A

P/E Ratio

N/A

EPS

-$0.29

Yield

0.00%

Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

3.66M

 

NET Performance

1 Week
 
2.43%
 
1 Month
 
28.14%
 
3 Months
 
9.02%
 
1 Year
 
92.00%
 
5 Years
 
226.55%
 

NET Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 37
Full Ratings ➔

About cloudflare inc. - NET

Cloudflare, Inc. engages in the provision of cloud-based services to secure websites. It offers various products for performance and reliability, video streaming and delivery, advanced security, insights, Cloudflare for developers, domain registration, and Cloudflare marketplace. It operates through the United States and Rest of the World geographical segments. The company was founded by Matthew Prince, Michelle Zatlyn, and Lee Holloway in July 2009 and is headquartered in San Francisco, CA.

NET At a Glance

Cloudflare, Inc.
101 Townsend Street
San Francisco, California 94107
Phone 1-888-993-5273 Revenue 2.17B
Industry Information Technology Services Net Income -102,267,000.00
Sector Technology Services 2025 Sales Growth 29.846%
Fiscal Year-end 12 / 2026 Employees 5,156
View SEC Filings

NET Valuation

P/E Current N/A
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) N/A
Price to Sales Ratio 31.685
Price to Book Ratio 47.545
Price to Cash Flow Ratio 113.89
Enterprise Value to EBITDA -469.185
Enterprise Value to Sales 31.412
Total Debt to Enterprise Value 0.052

NET Efficiency

Revenue/Employee 420,468.774
Income Per Employee -19,834.562
Receivables Turnover 5.339
Total Asset Turnover 0.464

NET Liquidity

Current Ratio 1.976
Quick Ratio 1.976
Cash Ratio 1.749

NET Profitability

Gross Margin 74.514
Operating Margin -15.447
Pretax Margin -10.448
Net Margin -4.717
Return on Assets -2.19
Return on Equity -8.164
Return on Total Capital -2.055
Return on Invested Capital -3.366

NET Capital Structure

Total Debt to Total Equity 241.126
Total Debt to Total Capital 70.685
Total Debt to Total Assets 58.287
Long-Term Debt to Equity 147.77
Long-Term Debt to Total Capital 43.318
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Cloudflare Inc. - NET

Collapse All in section
All values USD millions. 2022 2023 2024 2025 5-year trend
Sales/Revenue
975.24M 1.30B 1.67B 2.17B
Sales Growth
+48.57% +32.97% +28.76% +29.85%
Cost of Goods Sold (COGS) incl D&A
232.61M 307.00M 378.70M 552.52M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
145.12M 194.77M 205.54M 189.74M
Depreciation
84.80M 113.40M 115.02M 174.74M
Amortization of Intangibles
15.20M 20.00M 12.70M 15.00M
COGS Growth
+58.09% +31.98% +23.35% +45.90%
Gross Income
742.63M 989.74M 1.29B 1.62B
Gross Income Growth
+45.82% +33.27% +30.43% +25.14%
Gross Profit Margin
+76.15% +76.32% +77.32% +74.51%
2022 2023 2024 2025 5-year trend
SG&A Expense
991.39M 1.24B 1.52B 1.95B
Research & Development
346.12M 423.54M 495.37M 646.29M
Other SG&A
645.27M 817.08M 1.02B 1.30B
SGA Growth
+50.78% +25.14% +22.44% +28.39%
Other Operating Expense
- - - -
-
Unusual Expense
3.95M 50.30M 702.00K 6.12M
EBIT after Unusual Expense
(252.70M) (301.19M) (228.76M) (341.00M)
Non Operating Income/Expense
15.45M 63.80M 89.09M 123.27M
Non-Operating Interest Income
14.88M 68.17M 87.43M 131.22M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
4.98M 5.87M 5.20M 8.77M
Interest Expense Growth
-89.88% +17.82% -11.51% +68.71%
Gross Interest Expense
4.98M 5.87M 5.20M 8.77M
Interest Capitalized
- - - -
-
Pretax Income
(242.23M) (243.26M) (144.87M) (226.51M)
Pretax Income Growth
+9.91% -0.42% +40.45% -56.35%
Pretax Margin
-24.84% -18.76% -8.68% -10.45%
Income Tax
(48.85M) (59.31M) (66.07M) (124.24M)
Income Tax - Current - Domestic
333.00K 837.00K 1.82M 3.32M
Income Tax - Current - Foreign
2.46M 2.99M 4.00M 4.91M
Income Tax - Deferred - Domestic
- (1.70M) (1.44M) (2.07M)
Income Tax - Deferred - Foreign
1.56M 2.26M 3.55M 3.40M
Income Tax Credits
51.50M 65.40M 74.00M 133.80M
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
(193.38M) (183.95M) (78.80M) (102.27M)
Minority Interest Expense
- - - -
-
Net Income
(193.38M) (183.95M) (78.80M) (102.27M)
Net Income Growth
+25.71% +4.88% +57.16% -29.78%
Net Margin Growth
-19.83% -14.19% -4.72% -4.72%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
(193.38M) (183.95M) (78.80M) (102.27M)
Preferred Dividends
- - - -
-
Net Income Available to Common
(193.38M) (183.95M) (78.80M) (102.27M)
EPS (Basic)
-0.5926 -0.5513 -0.2308 -0.2935
EPS (Basic) Growth
+28.90% +6.97% +58.14% -27.17%
Basic Shares Outstanding
326.33M 333.66M 341.41M 348.42M
EPS (Diluted)
-0.5926 -0.5513 -0.2308 -0.2935
EPS (Diluted) Growth
+28.90% +6.97% +58.14% -27.17%
Diluted Shares Outstanding
326.33M 333.66M 341.41M 348.42M
EBITDA
(103.64M) (56.11M) (22.52M) (145.14M)
EBITDA Growth
-92.87% +45.86% +59.87% -544.65%
EBITDA Margin
-10.63% -4.33% -1.35% -6.69%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 233.759
Number of Ratings 37 Current Quarters Estimate 0.232
FY Report Date 03 / 2026 Current Year's Estimate 1.123
Last Quarter’s Earnings 0.28 Median PE on CY Estimate N/A
Year Ago Earnings 0.93 Next Fiscal Year Estimate 1.426
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 28 28 31 30
Mean Estimate 0.23 0.27 1.12 1.43
High Estimates 0.26 0.28 1.17 1.67
Low Estimate 0.22 0.24 1.11 1.25
Coefficient of Variance 2.82 4.16 1.38 5.96

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 19 19 18
OVERWEIGHT 5 5 2
HOLD 10 10 13
UNDERWEIGHT 0 0 0
SELL 3 3 3
MEAN Overweight Overweight Overweight

Insider Actions for Cloudflare Inc. - NET

Date Name Shares Transaction Value
Apr 18, 2025 Michelle Marie Zatlyn President and Board Co-Chair; Director 20,512 Conversion of derivative security 0.00
Apr 18, 2025 Michelle Marie Zatlyn President and Board Co-Chair; Director 1,113 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $109.41 per share 121,773.33
Apr 18, 2025 Michelle Marie Zatlyn President and Board Co-Chair; Director 10,847 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $108.53 per share 1,177,224.91
Apr 18, 2025 Michelle Marie Zatlyn President and Board Co-Chair; Director 20,512 Conversion of derivative security 0.00
Apr 18, 2025 Michelle Marie Zatlyn President and Board Co-Chair; Director 19,615 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $111.55 per share 2,188,053.25
Apr 18, 2025 Michelle Marie Zatlyn President and Board Co-Chair; Director 20,492 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $110.6 per share 2,266,415.20
Apr 18, 2025 Michelle Marie Zatlyn President and Board Co-Chair; Director 22,450 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $109.71 per share 2,462,989.50
Apr 18, 2025 Michelle Marie Zatlyn President and Board Co-Chair; Director 24,743 Conversion of derivative security 0.00
Apr 18, 2025 Michelle Marie Zatlyn President and Board Co-Chair; Director N/A Open market or private sale of non-derivative or derivative security Non-derivative transaction at $111.55 per share 0.00
Apr 18, 2025 Michelle Marie Zatlyn President and Board Co-Chair; Director 3,465 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $110.61 per share 383,263.65
Apr 18, 2025 Michelle Marie Zatlyn President and Board Co-Chair; Director 11,251 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $109.7 per share 1,234,234.70
Apr 18, 2025 Michelle Marie Zatlyn President and Board Co-Chair; Director 19,615 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $108.29 per share 2,124,108.35
Apr 18, 2025 Michelle Marie Zatlyn President and Board Co-Chair; Director 20,099 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $107.55 per share 2,161,647.45
Apr 18, 2025 Michelle Marie Zatlyn President and Board Co-Chair; Director 22,131 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $106.91 per share 2,366,025.21
Apr 18, 2025 Michelle Marie Zatlyn President and Board Co-Chair; Director 24,743 Conversion of derivative security 0.00
Apr 18, 2025 Michelle Marie Zatlyn President and Board Co-Chair; Director N/A Open market or private sale of non-derivative or derivative security Non-derivative transaction at $108.29 per share 0.00
Apr 18, 2025 Michelle Marie Zatlyn President and Board Co-Chair; Director 1,902 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $107.56 per share 204,579.12
Apr 18, 2025 Michelle Marie Zatlyn President and Board Co-Chair; Director 9,945 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $106.91 per share 1,063,219.95
Apr 18, 2025 Michelle Marie Zatlyn President and Board Co-Chair; Director 20,512 Conversion of derivative security 0.00
Apr 18, 2025 Michelle Marie Zatlyn President and Board Co-Chair; Director N/A Open market or private sale of non-derivative or derivative security Non-derivative transaction at $110 per share 0.00

Cloudflare Inc. in the News