Cloudflare Inc (NET)

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Cloudflare, Inc. is a cloud connectivity and cybersecurity company that operates a large global network designed to make websites, applications, APIs, and corporate networks faster, more reliable, and more secure. Its platform sits between internet users and its customers’ digital properties, helping filter malicious traffic, absorb distributed denial-of-service attacks, route data efficiently, and improve page and application performance.

The company is best known for services such as content delivery, web application firewall protection, bot management, zero-trust access, domain name system services, and network security tools. Rather than selling isolated point products, Cloudflare offers many of these capabilities through a unified edge network, which lets customers apply security and performance policies close to users around the world.

A key part of Cloudflare’s strategy is its developer platform. Cloudflare Workers allows developers to run code at the network edge without managing traditional servers, supporting use cases such as lightweight applications, custom routing, authentication flows, and API services. The broader platform also includes storage, databases, queues, and media-related tools that compete in parts of the cloud infrastructure market.

Cloudflare serves a wide range of customers, from individual developers and small businesses to large enterprises. Its business model is largely subscription-based, with usage expanding as customers adopt more services. The company competes with content delivery networks, security vendors, and major cloud platforms, but differentiates itself through an integrated network architecture built around speed, programmability, and security at internet scale.

315.78USD
−15.05(-4.55%)

Last updated

Market Cap
$106,953,938,820
P/E
P/FCF
333.5
P/S
45.93
Enterprise Value
$109,289,539,820
Sector
Information Technology
Industry
Application Software
Address
101 TOWNSEND ST., SAN FRANCISCO, CA, 94107
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Cloudflare Stock Jumps 16% as Growth Reaccelerates

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Cloudflare (NET) Jumps on AI Demand as CrowdStrike (CRWD) Sets a High Bar

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Atlassian Soars 34%, Twilio Leaps 27%, Cloudflare Advances 9% in Software Stock Surge

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Stock Market Today: Dow Down After Surprise July Jobs Reading; AI Stock Cloudflare Soars (Live Coverage)

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Market Cap
$106,953,938,820
Enterprise Value
$109,289,539,820
P/E
P/B
70.06
P/S
45.93
EV / EBITDA
1,105.41
EV / Sales
46.93
EPS
-0.24
Dividend Yield
0%
P/FCF
333.5
P/CF
173.72
Free Cash Flow
$320,701,000
ROE
-5.68%
ROA
-1.41%
Debt / Equity
2.14
Current Ratio
1.95
Quick Ratio
1.95
Cash
0.39
Avg Volume
$3,180,225
Fundamentals Snapshot Price
301.33

Income Statement

Line Item2026 Q22026 Q12025 Q42025 Q32025 Q2
Revenue696.06M639.76M614.51M562.03M512.32M
Cost of revenue196.54M184.16M161.96M146.32M128.68M
Gross profit499.52M455.6M452.55M415.71M383.64M
Operating income-205.7M-61.99M-49.23M-37.46M-67.26M
EBITDA-20.63M26.8M31.28M85.71M-44.92M
Net income-169.98M-22.93M-12.08M-1.29M-50.45M
Income taxes2.04M1.53M1.57M3.14M3.16M
Interest expense-3.09M-2.56M-2.89M-2.91M-1.52M
Other operating expenses150.69M0000
Total operating expenses705.21M517.59M501.79M453.17M450.9M
Basic EPS-0.48-0.07-0.030-0.15
Diluted EPS-0.48-0.07-0.030-0.15

Balance Sheet

Line Item2026 Q22026 Q12025 Q42025 Q32025 Q2
Total assets6.47B6.16B6.04B5.79B5.56B
Total liabilities4.85B4.64B4.58B4.44B4.32B
Total equity1.62B1.53B1.46B1.35B1.24B
Cash & equivalents1.66B932.23M943.54M1.05B1.52B
Current assets4.78B4.72B4.64B4.54B4.41B
Current liabilities2.63B2.41B2.35B2.22B857.59M
Accounts payable127.03M58.84M84.12M85.88M95.68M
Receivables450.13M379.59M406.02M351.89M307.51M
Inventories00000
Goodwill376.2M233.49M226.56M181.09M181.09M
Long-term debt1.98B1.98B1.97B1.97B3.26B

Cash Flow

Line Item2026 Q22026 Q12025 Q42025 Q32025 Q2
Operating cash flow117.56M158.33M190.41M167.12M99.8M
Investing cash flow608.17M-158.81M-291.72M-629.52M-793.03M
Financing cash flow5.79M-9.47M-3.83M-3.57M2.01B
Change in cash731.52M-9.94M-105.14M-465.96M1.31B
Net income-169.98M-22.93M-12.08M-1.29M-50.45M
KindFilingDateLink
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