Cloudflare reported FY 2025 revenue of USD 2.2 billion, up 30% year over year, with gross profit of USD 1.6 billion and gross margin of 75%. The company posted a FY 2025 operating loss of USD 207.2 million and a FY 2025 net loss of USD 102.3 million, while non-GAAP income from operations was USD 303.9 million with a 14% non-GAAP operating margin. FY 2025 operating cash flow was USD 603.1 million and free cash flow was USD 260.6 million, for a 12% free cash flow margin. Cloudflare ended FY 2025 with 332,466 paying customers and 4,298 paying customers with more than USD 100,000 in annualized revenue, and reported a dollar-based net retention rate of 120% for Q4 2025. Management highlighted continued investment in its global network, including adding servers with storage capabilities to support storage and database products and servers with GPUs to support AI-related developer platform products, and noted macroeconomic uncertainty could persist through 2026, including potential impacts from tariffs, geopolitical tensions, and lengthening sales cycles.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CloudFlare Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001477333-26-000016), on February 26, 2026, and is solely responsible for the information contained therein.