Cloudflare (NET)
Information Technology · Cloud security and edge computing / Connectivity Cloud
Cloudflare operates a global edge network that consolidates security, performance, and reliability for businesses moving to the cloud, increasingly enabling AI-powered applications at scale.
What Cloudflare does
Cloudflare operates a global distributed network that delivers security, performance, and reliability services to businesses of all sizes. The company provides a unified "Connectivity Cloud" platform that consolidates network, security, and application delivery functions previously handled by separate hardware boxes, serving customers across on-premises, hybrid, cloud, and SaaS environments. The platform is programmable and serverless, allowing customers to build and deploy applications directly on Cloudflare's network, increasingly powered by AI workloads.
Themes: ["cloud infrastructure","network security","DDoS protection","edge computing","AI infrastructure / GPU deployment","Zero Trust architecture","application performance and reliability"]
Fundamentals
- Price$275.80 as of 2026-07-09 close
- Market cap$97.8B as of 2026-07-10
- 1-year return+42.5% as of 2026-07-09 close
- Net margin-3.7% as of 2026-07-10
- Gross margin+73.3% as of 2026-07-10
- ROE-6.2% as of 2026-07-10
- Debt / equity2.14 as of 2026-07-10
- Revenue growth (YoY)+31.6% as of 2026-07-10
- Revenue CAGR (3y)+30.5% SEC XBRL
- Beta1.69 as of 2026-07-10
Key risks (from latest filing)
["History of net losses and uncertainty around achieving sustained profitability; the company remains unprofitable as of latest reporting","Transition to AI-first operating model and recent workforce reduction may not deliver expected benefits or could adversely affect operations","Intense competition in network security and cloud infrastructure; dependence on ability to attract and retain customers, particularly large enterprises, and grow usage across product lines"]
Competitors & peers
- Akamai Technologies (AKAM)
- AWS (Amazon Web Services)
- Azure (Microsoft)
- Fastly
- Imperva
- Zscaler
- Fortinet (FTNT)
- Palo Alto Networks (PANW)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.