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Cloudflare, Inc. (NET)

268.75 +24.24 (+9.91%)
At close: 4:02:54 PM EST
269.01 +0.26 (+0.10%)
After hours: 4:49:44 PM EST
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NET Q3 2026 earnings call
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21m ago
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Cloudflare reported a strong third quarter, with revenue growth accelerating to 39%and management raising its full-year outlook. Demand indicators strengthened across enterprise customers, developers, and artificial-intelligence agents, while lower margins and continued GAAP losses remain key watchpoints.

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  • Previous Close 244.51
  • Open 286.97
  • Bid 269.89 x 12000
  • Ask 268.01 x 12000
  • Day's Range 265.01 - 285.83
  • 52 Week Range 158.83 - 370.35
  • Volume 9,389,059
  • Avg. Volume 3,442,301
  • Market Cap (intraday) 95.696B
  • Beta (5Y Monthly) --
  • PE Ratio (TTM) --
  • EPS (TTM) -0.67
  • Earnings Date Nov 5, 2026
  • Forward Dividend & Yield -- (0.00%)
  • 1y Target Est 345.16
  • Morningstar Rating Rating available with Stock Picks access

Cloudflare, Inc. operates as a cloud services provider that delivers a range of services to businesses worldwide. The company provides a cloud-based security solution to secure a range of combination of platforms, including public and private cloud, on-premises, software-as-a-service applications, and Internet of things (IoT) devices; and application security products comprising web application firewall, bot management, distributed denial of service mitigation, API security, SSL/TLS encryption, client-side security, and security center products. It also offers application performance solutions, such as content delivery, load balancing, DNS, smart shield, video stream delivery, web optimization, cloudfare waiting room, and cloudfare data localization suite; SASE platform that combines network services and Zero Trust and workplace security products that provides a cloud-based network and security-as-a-service; network services, including magic WAN, magic transit, magic firewall, cloudflare network interconnect, and spectrum. In addition, the company provides zero trust security services which include cloudflare zero trust network access, secure web gateway, and one client; and remote browser isolation, cloud access security broker, cloud email security, digital experience monitoring, and data loss prevention products. Further, it provides developer-based solutions comprising workers AI, vectorize, AI gateway, cloudflare workers, cloudflare pages, R2 object storage, workers KV, durable objects, D1, hyperdrive, queues, cloudfare stream, cloudfare images, and cloudflare realtime; and consumer offerings, such as 1.1.1.1 DNS and with WARPm and cloudfare registrar that offers secure registration and management of domain names. The company serves customers in technology, healthcare, financial services, consumer and retail, industrial, and non-profit industries, as well as government. The company was incorporated in 2009 and is headquartered in San Francisco, California.

www.cloudflare.com

5,156

Full Time Employees

December 31

Fiscal Year Ends

Technology

Sector

Recent News

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Performance Overview

Trailing total returns as of 11/6/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

NET
36.32%
S&P 500 (^GSPC)
7.76%

1-Year Return

NET
18.97%
S&P 500 (^GSPC)
9.77%

3-Year Return

NET
325.84%
S&P 500 (^GSPC)
68.96%

5-Year Return

NET
36.24%
S&P 500 (^GSPC)
57.04%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q3 FY26
Revenue 782.51M
Earnings -34.06M
Profit Margin -4.35%

Q4

FY25

Q1

FY26

Q2

FY26

Q3

FY26

0
200M
400M
600M
-20.0%
-15.0%
-10.0%
-5.0%

Analyst Insights

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Analyst Price Targets

160.00 Low
345.16 Average
268.75 Current
430.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 11/6/2026
Analyst Scotiabank
Rating Action Maintains
Rating Sector Outperform
Price Action Lowers
Price Target 390 -> 360

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (current)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    -8.75%

  • Return on Assets (ttm)

    -2.02%

  • Return on Equity (ttm)

    -17.00%

  • Revenue (ttm)

    2.73B

  • Net Income Avi to Common (ttm)

    -239.05M

  • Diluted EPS (ttm)

    -0.67

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    5.13B

  • Total Debt/Equity (mrq)

    321.37%

  • Levered Free Cash Flow (ttm)

    358.14M

Company Insights

Research Reports

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