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293.14 USD
EPS
-0.56
P/B
61.27
ROE
-14.43
Beta
1.66
Target Price
333.55 USD
Cloudflare, Inc. logo

Cloudflare, Inc.

🧾 Earnings Recap – Q2 2026

Cloudflare’s shares rose modestly by 2.5% amid solid customer growth and margin improvement, but the market response suggests the results were in line with expectations rather than a clear beat. While strong customer metrics and margin improvement continued, the moderate market reaction indicates investor caution, potentially awaiting more definitive upside or clearer guidance signals.

  • Revenue grew 36% year-over-year to $696.1 million.
  • Large customers (>$100K/year) increased 27% YoY, reaching 4,698, with record net additions.
  • Dollar-based net retention improved to 120%, up 6% YoY.
  • Gross margin rose sequentially to 73.1%, the first improvement in eight quarters.
  • Operating profit was $96.1 million, yielding a 13.8% non-GAAP operating margin.
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Key Metrics
Earnings dateOct. 29, 2026
EPS-0.56
Book Value4.55
Price to Book61.27
Debt/Equity217.86
% Insiders0.616%
Growth
Revenue Growth0.36%
Estimates
Forward P/E166.91
Forward EPS1.67
Target Mean Price333.55

DCF Valuation

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Cloudflare, Inc. Logo Cloudflare, Inc. Analysis (NET)

United States Information Technology Official Website Stock

Is Cloudflare, Inc. a good investment? Cloudflare, Inc. (NET) is currently trading at 293.14 USD. Market analysts have a consensus price target of 333.55 USD. This suggests a potential upside from current levels.

Earnings Schedule: Cloudflare, Inc. is expected to release its next earnings report on Oct. 29, 2026. The market consensus estimate for Forward EPS is 1.67.

Investor FAQ

Does Cloudflare, Inc. pay a dividend?

No, it does not currently pay a dividend.

What asset class is Cloudflare, Inc.?

Cloudflare, Inc. is classified as a Stock. You can compare it against its peer in the "Related Symbols" list.

When is the next earnings date?

The next earnings date is projected to be Oct. 29, 2026. The company currently has a trailing EPS of -0.56.

Company Profile

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.

Exchange Ticker
NYQ (United States) NET
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