C

    Cloudflare Inc (NET)

    Official site

    TECHNOLOGY • SOFTWARE - INFRASTRUCTURE • NYSE

    $305.29
    +5.45 (+1.82%)

    Market Cap: $106.77B

    Last updated: Sep 01, 2026 at 10:00 AM ET

    Earnings

    Performance (10Y)

    Beat Rate
    83%(24/29)
    Avg Surprise
    -175.89%

    Upcoming Estimates

    Sep 30, 2026
    EPS Consensus$0.34
    Range$0.34 - $0.37
    29 analysts
    EPS Revisions
    27
    0
    7d
    27
    1
    30d
    EPS Estimate Drift
    90d ago$0.32-6.4%
    60d ago$0.32-6.0%
    30d ago$0.32-6.0%
    7d ago$0.32-5.7%
    Current$0.34
    Revenue Consensus
    $738M
    Range$736M - $768M
    28 analysts
    Dec 31, 2026
    EPS Consensus$0.42
    Range$0.40 - $0.47
    31 analysts
    Revenue Consensus
    $844M
    Range$839M - $917M
    30 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$0.42---
    Sep 26EST
    		-$0.34---
    Jun 26
    		$-0.05$-0.03-66.67%Miss-123.8%
    Mar 26
    		$0.25$0.23+8.70%Beat+56.3%
    Dec 25
    		$0.28$0.27+3.70%Beat+47.4%
    Sep 25
    		$0.27$0.23+17.39%Beat+35.0%
    Jun 25
    		$0.21$0.18+16.67%Beat+5.0%
    Mar 25
    		$0.16$0.16+0.00%Beat+0.0%
    Dec 24
    		$0.19$0.18+5.56%Beat+26.7%
    Sep 24
    		$0.20$0.18+11.11%Beat+25.0%
    Jun 24
    		$0.20$0.14+42.86%Beat+100.0%
    Mar 24
    		$0.16$0.13+23.08%Beat+100.0%
    Dec 23
    		$0.15$0.12+25.00%Beat+150.0%
    Sep 23
    		$0.16$0.10+60.00%Beat+166.7%
    Jun 23
    		$0.10$0.07+42.86%Beat+151.2%
    Mar 23
    		$0.08$0.03+166.67%Beat+700.0%
    Dec 22
    		$0.06$0.05+20.00%Beat+124.8%
    Sep 22
    		$0.06$0.00+1664.71%Beat+117.6%
    Jun 22
    		$-0.20$-0.01-1854.00%Miss-877.0%
    Mar 22
    		$0.01$0.00+669.23%Beat+133.3%
    Dec 21
    		$-0.24$-0.00-5525.58%Miss-1109.5%
    Sep 21
    		$-0.34$-0.04-753.00%Miss-1606.0%
    Jun 21
    		$-0.02$-0.04+50.00%Beat+33.3%
    Mar 21
    		$-0.03$-0.03+0.00%Beat+25.0%
    Dec 20
    		$-0.02$-0.04+50.00%Beat+66.7%
    Sep 20
    		$-0.02N/A+60.00%Beat+87.5%
    Jun 20
    		$-0.03$-0.06+50.00%Beat+50.0%
    Mar 20
    		$-0.04$-0.06+33.33%Beat-
    Dec 19
    		$-0.06$-0.07+14.29%Beat-
    Sep 19
    		$-0.16$-0.15-6.67%Miss-
    Jun 19
    		$-0.06N/A+70.00%Beat-

    Key Metrics

    Valuation
    P/E Ratio407.05EV/EBITDA2821.41x
    Price/FCF310.49xFCF Yield0.32%
    Profitability
    Profit Margin-8.21%Operating Margin-7.60%
    ROE-14.40%ROIC-7.20%
    Financial Health
    Debt/Equity2.02xInterest Coverage-33.40x
    Current Ratio1.82xQuick Ratio1.82x
    Trading Statistics
    Beta1.66Avg Volume4.04M
    52-Week High$332.2252-Week Low$158.83

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$292.15
    SMA 20$299.15
    SMA 50$275.67
    SMA 200$221.00
    EMA 10$296.45
    EMA 20$293.47
    EMA 50$277.58
    EMA 200$232.87

    MACD

    Line: 5.42Signal: 6.63Hist: -1.22

    ADX

    ADX: 20.9+DI: 23.9-DI: 16.9

    Aroon & PSAR

    Aroon Up52.0
    Aroon Down4.0
    PSAR$273.76

    Bollinger Bands

    Upper Band$326.66
    Lower Band$271.65
    %B Position1839%(Upper)
    Band Width0.61

    RSI (14-Day)

    Neutral
    56.2

    Momentum Oscillators

    Stoch %K53.7
    Stoch %D41.8
    Williams %R-44.9
    ROC (10d)-0.6%
    Momentum-1.72
    CCI (20d)28.6
    MFI (14d)51.0

    Volatility Measures

    ATR (14d)$16.10(5.3%)
    StdDev (20d)13.75
    Hist Vol66.4%(High)

    Volume Flow

    VWAP$303.66
    OBV151.7M
    AD Line72.4M
    CMF (20d)0.005

    Volume Metrics

    Avg Vol (20d)4.1M
    Vol Ratio0.9x
    VWMA (20d)$301.14

    Pivot Points

    R3$315.03
    R2$311.27
    R1$305.55
    Pivot Point$301.79
    S1$296.07
    S2$292.31
    S3$286.59

    Advanced Oscillators

    TSI8.81
    Ultimate Osc57.3
    KST79.10

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$696.06M$639.75M$614.51M$562.03M$512.32M$479.09M$459.95M$430.08M$401.00M$378.60M$362.47M$335.60M
    Cost of Revenue$196.54M$184.16M$161.96M$146.32M$128.68M$115.58M$108.69M$95.97M$89.01M$85.04M$83.28M$78.07M
    Gross Profit$499.52M$455.60M$452.55M$415.71M$383.64M$363.51M$351.26M$334.12M$311.99M$293.56M$279.19M$257.53M
    Operating Expenses$705.21M$517.59M$501.79M$453.17M$450.90M$416.76M$385.98M$364.91M$346.68M$348.11M$322.02M$296.75M
    R&D$159.49M$150.97M$141.89M$120.96M$134.56M$115.09M$120.21M$110.91M$102.55M$87.70M$96.40M$90.59M
    SG&A$118.91M$95.02M$108.76M$95.91M$96.99M$87.66M$73.80M$68.78M$69.64M$66.31M$60.40M$55.94M
    Operating Income$-205,696,000$-61,994,000$-49,234,000$-37,460,000$-67,264,000$-53,247,000$-34,719,000$-30,794,000$-34,698,000$-54,550,000$-42,829,000$-39,212,000
    Interest Income$39.93M$40.17M$41.88M$42.53M$25.41M$21.40M$21.99M$22.47M$21.71M$21.25M$20.19M$17.95M
    Interest Expense$2.18M$2.56M$2.89M$2.91M$5.43M$1.44M$1.45M$1.43M$1.22M$1.10M$1.07M$1.14M
    Income Before Tax$-167,940,000$-21,401,000$-10,508,000$1.85M$-47,289,000$-36,759,000$-10,843,000$-12,822,000$-13,932,000$-33,274,000$-25,811,000$-22,281,000
    Income Tax Expense$2.04M$1.53M$1.57M$3.14M$3.16M$1.70M$2.00M$2.51M$1.15M$2.27M$2.05M$1.25M
    Net Income$-169,981,000$-22,927,000$-12,077,000$-1,290,000$-50,446,000$-38,454,000$-12,848,000$-15,331,000$-15,078,000$-35,543,000$-27,865,000$-23,535,000
    EBITDA$-111,268,000$24.86M$25.09M$30.99M$-2,035,000$3.24M$18.86M$8.60M$3.79M$-16,930,000$-4,547,000$177,000
    EBIT$-205,696,000$-59,004,000$-49,506,000$-37,767,000$-67,264,000$-56,715,000$-31,386,000$-33,860,000$-34,429,000$-53,426,000$-44,932,000$-39,097,000
    * Some calculated fields are derived from available data when not provided by source

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    Government Contracts

    Gov Obligations (TTM)
    $982083
    Gov Obligations / Revenue
    0.0%
    Obligations YoY
    N/A
    Active Awards
    2
    New Awards (TTM)
    1
    Avg Remaining Term
    3.8 mo

    Top agency: General Services Administration at 99.9% of trailing twelve month obligations across 2 agencies

    Recent Awards

    Award IDAgencyObligatedStart
    HQ085926FG106Department of DefenseMissile Defense Agency$500Jan 21, 2026

    Federal contract obligations are bookings recorded by the awarding agency, not recognized revenue. They can exceed 100% of revenue and can be negative when contracts are de-obligated. Source: USAspending.gov prime awards, data through Jul 31, 2026.

    News

    Cloudflare Inc Stock (NET) Moved Down by 3.18% on Aug 24: A Full Analysis

    Cloudflare Inc (NET) stock fell by 3.18% on August 24, driven by profit-taking after a strong rally, concerns over potential share dilution from a $2.5 billion convertible senior note offering, and recent insider share sales. Despite short-term volatility and analyst recalibrations, the company's long-term outlook remains positive due to strong revenue growth and expanding market share in web security and AI infrastructure.

    TradingKey•8/24/26•
    Somewhat-Bearish

    Cloudflare president Michelle Zatlyn sells $28.3m in stock

    Cloudflare President Michelle Zatlyn sold approximately $28.3 million worth of Class A common stock between August 19 and August 21, 2026, through a pre-arranged trading plan. These sales involved 99,009 shares at prices ranging from $274.11 to $300.835, following the conversion of Class B stock acquired via employee stock options. Despite the sale, Zatlyn retains significant holdings in Class B common stock options and shares, while Cloudflare's stock has seen a 65% rise over the last six months and strong analyst upgrades.

    Investing.com•8/21/26•
    Somewhat-Bearish

    Cloudflare (NYSE: NET) president reports 315,300 shares and 19,615 held through trust

    Cloudflare's President and Board Co-Chair, Michelle Zatlyn, has disclosed her equity holdings in the company. She directly holds 315,300 shares of Class A Common Stock and indirectly holds 19,615 shares through The SZ 2021 Irrevocable Trust. This Form 4 filing reports holding positions under a Rule 10b5-1 trading plan, not specific buy or sell transactions.

    Stock Titan•8/21/26•
    Neutral

    Cloudflare Inc Stock (NET) Moved Down by 3.20% on Aug 20: Drivers Behind the Movement

    Cloudflare Inc (NET) stock declined by 3.20% on August 20, driven by profit-taking after a post-earnings rally and concerns over potential equity dilution from convertible senior notes offerings and insider transactions. Despite strong quarterly results and growth in AI network workloads, market participants reassessed the stock's valuation. Technical indicators suggest neutral to oversold conditions, while fundamental risks include dilution, stretched valuation multiples, and gross margin compression due to AI traffic infrastructure costs.

    TradingKey•8/20/26•
    Bearish

    Cloudflare (NYSE: NET) CFO sells 10K shares near $305–$315 under preset plan

    Cloudflare's Chief Financial Officer, Thomas J. Seifert, exercised employee stock options for 10,000 Class B shares at $2.04 per share, converted them to Class A shares, and subsequently sold all 10,000 Class A shares in open-market transactions. The sales, executed under a Rule 10b5-1 trading plan adopted in November 2025, occurred at weighted average prices ranging from approximately $304.65 to $314.61 per share. Despite these transactions, Seifert retains significant indirect holdings in both Class B and Class A shares through various trusts and entities.

    Stock Titan•8/19/26•
    Somewhat-Bearish

    Frequently Asked Questions About NET

    Does NET pay dividends?
    Cloudflare Inc (NET) does not currently pay a regular dividend.
    What is NET's P/E ratio?
    Cloudflare Inc has a price-to-earnings (P/E) ratio of 407.05.
    What is NET's market cap?
    Cloudflare Inc (NET) has a market capitalization of $106.77B with a current stock price of $305.29.

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