Cloudflare, Inc.

NET Technology Software Infrastructure

Cloudflare, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.2 billion, up 29.8% from fiscal 2024.

Revenue
+39.2%
EPS
−2,602.7%
Free cash flow
+9.48%
Total debt
+125.2%

Quarter to September 2026, against a year earlier

272.37 27.86 +11.39%
Market cap
$87.1B
P/E
0.0×
Fwd P/E
−484×
Dividend yield
—
F-score
4/9
Altman Z
9.43
Beneish M
−2.95
Dividend safety
n/a

Cloudflare, Inc. 10-K filed Feb 26, 2026

Fiscal year 2025 · Period ended Dec 31, 2025 · Filed · accepted 4:17 PM ET · Document on sec.gov · Filing index

What changed

Item 1, Business, against the 10-K filed Feb 20, 2025: 10 added · 5 removed · 45 modified; 6 with only figures updated; 1 moved without change

  1. Modified · Our Products

    We deliver a suite of deeply integrated products that serve as a unified control plane for our customers, allowing them to build, connect, and secure web applications and corporate infrastructure. Customers can quickly and easily join Cloudflare by using just one of our products and then expand their usage of Cloudflare over time by adding additional products. Our full suite of products consists of (1) our website and application services to that help deliver security, performance, and reliability for anany organization's websites, applications connected to the Internet, including websites and application programming interfaces (APIs), and that also form the foundation of our newly announced efforts to allow content creators to monetize their work by controlling how bots, crawlers, and agents access their work; (2) our secure access service edge (SASE) platform, which contains our suite of Zero Trust and workplace security services and network services solutions to help ensure traffic in and out of an organization’s internal network and devices is verified and authorized and data is protected and secured, as well as to securely connect data centers, cloud services, and branch offices to an organization with our Connectivity Cloud,; (3) our developer-based solutions to build and deploy serverless applications with scale, performance, security and reliability, and (4) our consumer offerings.

59 more changes in this Item, word by word, in Powerpack.