Cloudflare, Inc.

Cloudflare, Inc.

NETยทNYSE

$265.49

-2.0%
TechnologySoftware - Infrastructure

CloudFlare, Inc. operates as a cloud services provider that delivers a range of services to businesses worldwide. The company offers an integrated cloud-based security solution to secure a range of combination of platforms, including public cloud, private cloud, on-premise, software-as-a-service applications, and IoT devices. Its security products comprise cloud firewall, bot management, distributed denial of service, IoT, SSL/TLS, secure origin connection, and rate limiting products. The company also offers performance solutions, which include content delivery and intelligent routing, as well as content, mobile, and image optimization solutions. In addition, it provides reliability solutions comprising load balancing, anycast network, virtual backbone, DNS, DNS resolver, online, and virtual waiting room solutions. Further, the company offers Cloudflare internal infrastructure solutions, including on-ramps, which connect users, devices, or locations to its network; and filters, which are the products that protect, inspect, and privilege data. Additionally, it provides developer-based solutions, such as serverless computing/programmable network, website development, domain registration, Cloudflare apps, analytics, and data localization management; Consumer DNS Resolver, a consumer app to browse the Internet; and Consumer VPN for consumers to secure and accelerate traffic on mobile devices. The company serves customers in the technology, healthcare, financial services, consumer and retail, and non-profit industries, as well as government. CloudFlare, Inc. was incorporated in 2009 and is headquartered in San Francisco, California.

At a Glance

Live Snapshot
Market Cap$93.84B
EPS-0.2900
P/E Ratio-915.48
Earnings Date07/30/2026
3Y+440.0%
5Y-3993.0%
10Y-5107.0%
3Y+667.0%
5Y+251.0%
10Y+11743.0%
3Y+30465.0%
5Y+284.0%
10Y+464008.0%
NET

Cloudflare, Inc. Cash Conversion Engine

NET ยท NYSE
Net Income-102.27M
Depreciation & Amortization291.37M
Stock-Based Compensation451.45M
Change in Working Capital-33.56M
Others58.55M
Capital Expenditures-342.55M
Free Cash Flow324.32M

Cash Flow Quality Analysis

FCF Conversion Rate

-317.1%

Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.

CapEx Intensity

51.4%

Capital-intensive operations require significant reinvestment. Monitor whether CapEx is maintenance or growth-oriented.

FCF Growth Trend

+66.0%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

-$33.56M

Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.

Cloudflare, Inc. Cash Flow Statement

NET โ€ข NYSE

Cloudflare, Inc. Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016
OPERATING ACTIVITIES
-102.3M
-78.8M
-183.9M
-193.4M
-260.3M
-119.4M
-105.8M
-87.2M
-10.7M
-17.3M
291.4M
209.5M
135.8M
102.3M
66.6M
49.4M
29.5M
18.9M
12.2M
8.4M
1.3M
2.1M
2.3M
-140K
8.7M
-6.1M
370K
385K
-135K
-530K
451.5M
338.5M
274M
202.8M
90.1M
56.3M
36.6M
27.3M
2.8M
5.7M
58.6M
18.1M
131M
91.3M
156.1M
63.7M
13.3M
8.8M
4.4M
2.2M
(0.0)
(5M)
(4.5M)
(2.2M)
(1.5M)
(702K)
(1M)
(2.7M)
(825K)
(4K)
-33.6M
-108.9M
-104.7M
-79.3M
3.4M
-61.1M
-12.9M
-11.6M
-5.2M
-11.8M
666.9M
380.4M
254.4M
123.6M
64.6M
-17.1M
-38.9M
-43.3M
3.2M
-13.3M
INVESTING ACTIVITIES
-342.6M
-185M
-114.4M
-163.4M
-107.7M
-75M
-57.3M
-34.8M
-23M
-18.6M
-50.9M
-38M
-6.1M
-88.2M
-5.6M
-13.9M
-14M
(9.4M)
-250K
-1.4M
-3.5B
-1.6B
-1.9B
-1.1B
-1.6B
-1.3B
-537.4M
-145.3M
-47.1M
-74.9M
2.1B
1.5B
1.8B
1.1B
993.2M
840.2M
177M
59.2M
79.8M
79.6M
1.8M
-28.4M
-20.5M
36K
53K
397K
14M
-9.3M
28K
8K
-1.8B
-330.2M
-186.2M
-235.7M
-709.3M
-515.3M
-417.6M
-120.8M
(9.5M)
-15.3M
FINANCING ACTIVITIES
58.6M
32.7M
33.9M
25.4M
36.3M
18.5M
571M
168.8M
2.7M
837K
1.9B
0.0
-207.6M
-16.6M
817M
494.9M
-192K
-226K
-2.9M
-419K
(0.0)
(0.0)
-34K
-3K
-189K
-157K
-283K
-65K
-16K
-20K
-52M
-19.9M
-18.4M
-2.5M
-5.8M
-8.5M
0.0
0.0
0.0
0.0
1.9B
12.8M
-192.2M
6.3M
847.5M
504.9M
570.8M
168.6M
-149K
418K
CASH FLOW SUMMARY
793K
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
800.1M
63M
-124M
-105.8M
202.8M
-27.5M
114.2M
4.5M
12.6M
-28.2M
154.2M
91.2M
215.2M
321M
118.1M
145.6M
31.4M
26.9M
14.3M
42.5M
954.4M
154.2M
91.2M
215.2M
321M
118.1M
145.6M
31.4M
26.9M
14.3M
324.3M
195.4M
119.5M
-39.8M
-43.1M
-92.1M
-96.2M
-78.1M
-19.8M
-31.9M

SEC Filings

NET - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
10-Q

10-Q 2026 Q1

Q1

May 08, 2026
March 31, 2026
2026
8-K/A

8-K/A 2026 (Amended)

N/A

May 07, 2026
May 07, 2026
2026
8-K

8-K 2026

N/A

May 07, 2026
May 07, 2026
2026
10-K/A

10-K/A 2025 FY (Amended)

FY

April 29, 2026
December 31, 2025
2025
10-K

10-K 2025 FY

FY

February 26, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 10, 2026
February 06, 2026
2026
8-K

8-K 2026

N/A

February 10, 2026
February 10, 2026
2026
10-Q

10-Q 2025 Q3

Q3

October 30, 2025
September 30, 2025
2025
8-K

8-K 2025

N/A

October 30, 2025
October 30, 2025
2025
10-Q

10-Q 2025 Q2

Q2

July 31, 2025
June 30, 2025
2025
Showing 1 to 10 of 88 filings