stockrowCloudflare, 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
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Cloudflare, Inc. (NET) Shares outstanding
Cloudflare, Inc.'s shares outstanding at the end of fiscal 2025 was $348.4M, unchanged from fiscal 2024. At the end of the quarter to 30 September 2026 it was $357.1M. Over the past ten years it has ranged from $75.7M (fiscal 2016) to $348.4M (fiscal 2025) — the current reading is the highest in ten years. Cloudflare, Inc. ranks 21st of 172 Software Infrastructure companies by shares outstanding.
Shares outstanding, annual
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Annual newest first
| Period | Shares outstanding | Change |
|---|---|---|
| FY2025 | $348.4M | 2.05% |
| FY2024 | $341.4M | 2.32% |
| FY2023 | $333.7M | 2.24% |
| FY2022 | $326.3M | 4.49% |
| FY2021 | $312.3M | 4.19% |
| FY2020 | $299.8M | 104.90% |
| FY2019 | $146.3M | 80.67% |
| FY2018 | $81.0M | 4.97% |
| FY2017 | $77.1M | 1.88% |
| FY2016 | $75.7M | — |
Quarterly newest first
| Period | Shares outstanding | Change |
|---|---|---|
| Sep 2026 | $357.1M | 0.79% |
| Jun 2026 | $354.3M | 0.48% |
| Mar 2026 | $352.6M | 1.21% |
| Dec 2025 | $348.4M | (0.26%) |
| 28 more quarters | Free account |
Against its own ten years
Shares outstanding against peers
| Company | Shares outstanding |
|---|---|
| CRWD CrowdStrike compare | $1.0B |
| FTNT Fortinet, Inc. compare | $742.6M |
| XYZ Block, Inc. compare | $614.8M |
| NET Cloudflare, Inc. | $357.1M |
| NBIS Nebius Group N.V. compare | $280.4M |
| NTAP NetApp, Inc. compare | $200.0M |
| SNPS Synopsys, Inc. compare | $192.3M |
| OKTA Okta, Inc. compare | $178.8M |
| ZS Zscaler, Inc. compare | $160.2M |
What Shares outstanding is
Shares (Diluted, Weighted) tells an investor how many shares a company’s earnings are spread across once potential new shares are counted.
Reported line item
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