Cloudflare Inc

Cloudflare Inc

NET · NYSE · Technology / Software - Infrastructure

305.81USD-12.69 (-3.98%)

Price History

Full chart

Market Stats

Previous Close318.50
Open325.00
Day Range300.28 – 325.00
52-Week Range158.83 – 370.35
Volume4.14M
Market Cap112.64B
P/E (TTM)0.00
Forward P/E178.57
EPS-0.53
Dividend Yield0.00%
Beta1.65
50-Day Avg319.22
200-Day Avg241.18

About

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.

Company Details

  • SectorTechnology
  • IndustrySoftware - Infrastructure
  • CEOMr. Matthew Prince J.D.
  • Employees5.16K
  • Headquarters101 Townsend Street, San Francisco, CA, United States, 94107, USA
  • Websitehttps://www.cloudflare.com

Leadership

  • Mr. Matthew Prince J.D.Co-Founder, Co-Chairman & CEO · b. 1975
  • Mr. Thomas Josef SeifertChief Financial Officer · b. 1963
  • Ms. Janel RileyVP of Finance & Chief Accounting Officer · b. 1978
  • Mr. Philip Alan Winslow Jr., C.F.A., Jr.Vice President of Strategic Finance, Treasury and Investor Relations
  • Ms. W. LingHead of Governance Risk & Compliance
  • Ms. Alissa StarzakChief Legal Officer & Secretary · b. 1973
  • Daniella VallurupalliVP & Head of Global Communications
  • Mr. Mark F. AndersonPresident of Revenue · b. 1962
  • Mr. Dane KnechtSenior Vice President of Emerging Technology & Incubation
  • Mr. Isaac SpecterHead of Product Strategy Operations

Financials

Income Statement

Currency: USD2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue84.79M134.91M192.67M287.02M431.06M656.43M975.24M1.30B1.67B2.17B
Growth (%)-+59.11%+42.81%+48.97%+50.18%+52.28%+48.57%+32.97%+28.76%+29.85%
Cost of Revenue23.96M28.79M43.54M63.42M101.06M147.13M232.61M307.00M378.70M552.52M
Gross Profit60.83M106.13M149.14M223.60M330.00M509.29M742.63M989.74M1.29B1.62B
Gross Margin71.74%78.66%77.40%77.90%76.56%77.59%76.15%76.32%77.32%74.51%
Operating Expense77.86M115.86M234.04M331.55M436.77M636.98M943.83M1.18B1.45B1.82B
Operating Income-17.03M-9.73M-84.90M-107.95M-106.77M-127.68M-201.20M-185.49M-154.76M-207.21M
Operating Margin-20.08%-7.21%-44.06%-37.61%-24.77%-19.45%-20.63%-14.30%-9.27%-9.56%
EBITDA-8.26M3.32M-66.19M-74.12M-50.62M-132.13M-83.41M-185.49M62.05M105.80M
EBITDA Margin-9.74%2.46%-34.35%-25.82%-11.74%-20.13%-8.55%-14.30%3.72%4.88%
Net Income-17.33M-10.75M-87.16M-105.83M-119.37M-260.31M-193.38M-183.95M-78.80M-102.27M
Net Income Margin-20.44%-7.97%-45.24%-36.87%-27.69%-39.66%-19.83%-14.19%-4.72%-4.72%
R&D23.66M33.65M54.46M90.67M127.14M189.41M298.30M358.14M421.37M512.49M
R&D as % of Total Revenue27.91%24.94%28.27%31.59%29.50%28.85%30.59%27.62%25.24%23.64%
Interest Expense654.00K862.00K992.00K1.11M24.96M49.23M4.98M5.87M5.20M8.77M
Interest Expense % of Total Revenue0.77%0.64%0.51%0.39%5.79%7.50%0.51%0.45%0.31%0.40%

Balance Sheet

Currency: USD2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets-163.14M298.38M830.82M1.38B2.37B2.59B2.76B3.30B6.04B
Total Liabilities-222.98M411.88M105.00M563.71M1.56B1.96B2.00B2.25B4.58B
Total Equity--59.83M-113.50M725.83M816.94M815.80M623.96M763.05M1.05B1.46B
Cash-24.44M25.05M138.98M108.89M313.78M204.18M86.86M147.69M943.54M
Total Debt-11.32M12.32M38.82M428.30M1.29B1.58B1.44B1.46B3.70B
Net Debt--13.52M-14.36M-128.47M319.41M979.43M1.37B1.35B1.32B2.76B

Cash Flow

Currency: USD2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-13.32M3.17M-43.28M-38.92M-17.13M64.65M123.59M254.41M380.43M603.11M
Investing Cash Flow-15.26M9.54M-120.80M-417.64M-515.27M-709.32M-235.70M-186.20M-330.22M-1.81B
Financing Cash Flow418.00K-149.00K168.62M570.77M504.91M847.49M6.35M-192.19M12.79M1.94B
Capital Expenditure18.56M22.98M34.84M57.28M74.96M107.74M163.36M134.94M185.04M342.55M
Free Cash Flow-31.88M-19.81M-78.12M-96.20M-92.09M-43.09M-39.77M119.46M195.39M324.32M
Dividends Paid---6.03M10.92M14.98M----
FCF to OCF239.35%-625.45%180.49%247.18%537.63%-66.65%-32.18%46.96%51.36%53.77%
Dividend Paid to FCF----6.27%-11.86%-34.77%----

Earnings

Report DateSep 13, 2019Nov 7, 2019Feb 13, 2020May 7, 2020Aug 6, 2020Nov 5, 2020Feb 11, 2021May 6, 2021Aug 5, 2021Nov 4, 2021Feb 10, 2022May 5, 2022Aug 4, 2022Nov 3, 2022Feb 9, 2023Apr 27, 2023Aug 3, 2023Nov 2, 2023Feb 8, 2024May 2, 2024Aug 1, 2024Nov 7, 2024Feb 6, 2025May 8, 2025Jul 31, 2025Oct 30, 2025Feb 10, 2026May 7, 2026Aug 6, 2026Oct 29, 2026Nov 5, 2026
EPS Estimate-0.20-0.15-0.07-0.06-0.06-0.05-0.04-0.03-0.04-0.04-0.000.00-0.010.000.050.030.070.100.120.130.140.180.180.160.180.230.270.23-0.030.020.02
EPS Actual-0.06-0.16-0.06-0.04-0.03-0.02-0.02-0.03-0.02-0.34-0.240.01-0.200.060.060.080.100.160.150.160.200.200.190.160.210.270.280.25-0.05--
Surprise70.00%-6.67%14.29%33.33%50.00%60.00%50.00%0.00%50.00%-753.00%-5525.58%669.23%-1854.00%1664.71%20.00%166.67%42.86%60.00%25.00%23.08%42.86%11.11%5.56%0.00%16.67%17.39%3.70%8.70%-66.67%--
TimingAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap112.64B
Enterprise Value124.82B
Trailing P/E0.00
Forward P/E178.57
PEG Ratio2.38
Price / Sales44.83
Price / Book77.44
EPS-0.53
Book Value4.55
Revenue (TTM)2.51B
Gross Profit (TTM)1.82B
EBITDA-3.61M
Profit Margin-8.21%
Operating Margin-7.60%
Return on Equity-14.43%
Return on Assets-2.04%
Shares Outstanding322.62M
Shares Float320.46M
Beta1.65
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 34 analystsTarget 343.42
  • Strong Buy
    16
  • Buy
    7
  • Hold
    8
  • Sell
    2
  • Strong Sell
    1

Ownership Breakdown

Institutions
90.22%
Insiders
0.62%
Retail / Other
9.16%

Top Institutional Holders

  • Capital World Investors
    24.33M6.83%
  • BlackRock Inc
    21.60M6.07%
  • Vanguard Portfolio Management, LLC
    16.82M4.72%
  • Morgan Stanley - Brokerage Accounts
    15.26M4.29%
  • Baillie Gifford & Co Limited.
    14.60M4.10%
  • Vanguard Capital Management, LLC
    14.43M4.05%
  • FMR Inc
    12.66M3.55%
  • Capital Research & Mgmt Co - Division 3
    10.98M3.08%
  • State Street Corp
    7.42M2.08%
  • Geode Capital Management, LLC
    5.96M1.67%
  • Jennison Associates LLC
    5.42M1.52%
  • JPMorgan Chase & Co
    5.27M1.48%
  • American Century Companies Inc
    4.29M1.20%
  • Wellington Management Company LLP
    4.05M1.14%
  • First Trust Advisors L.P.
    3.76M1.05%
  • Franklin Templeton Inc
    3.73M1.05%

Top Fund Holders

  • American Funds Growth Fd of Amer A
    15.82M4.44%
  • Vanguard MStar Total Stk Mkt Idx Invest
    10.15M2.85%
  • Vanguard MStar Mid Cap Index Instl
    6.91M1.94%
  • American Funds New Perspective A
    5.74M1.61%