Cloudflare, Inc. reports results for the quarter ended June 30 - Earnings Summary
Cloudflare, Inc. reports results for the quarter ended June 30 - Earnings Summary
Cloudflare, Inc. NET.N reported quarterly adjusted earnings of 29 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 21 cents. The mean expectation of thirty analysts for the quarter was for earnings of 27 cents per share. Wall Street expected results to range from 25 cents to 29 cents per share.
Revenue rose 35.9% to $696.06 million from a year ago; analysts expected $665.50 million.
Cloudflare, Inc.'s reported EPS for the quarter was a loss of 48 cents.
The company reported a quarterly loss of $169.98 million.
Cloudflare, Inc. shares had risen by 19.4% this quarter and gained 48.6% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 0.3% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 27 "strong buy" or "buy," 7 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the it services & consulting peer group is also "buy"
Wall Street's median 12-month price target for Cloudflare, Inc. is $286.00, about 0.5% below its last closing price of $284.43
This summary was machine generated from LSEG data August 7 at 12:26 a.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.27 | 0.29 | Beat |
Mar. 31 2026 | 0.23 | 0.25 | Beat |
Dec. 31 2025 | 0.27 | 0.28 | Beat |
Sep. 30 2025 | 0.23 | 0.27 | Beat |
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