earnings
confidence high
sentiment positive
materiality 0.80
Cloudflare Q4 revenue $193.6M (+54% YoY); full year $656.4M (+52% YoY) with record net retention 125%
Cloudflare, Inc.
2021-FY EPS reported
-$0.83
revenue$656,426,000
- Q4 revenue $193.6M, up 54% YoY; FY revenue $656.4M, up 52% YoY.
- Record dollar-based net retention of 125%, up 600 bps YoY, driven by large enterprise customers.
- Q4 GAAP net loss $77.5M ($0.24 loss per share); non-GAAP net income $0.1M ($0.00 diluted EPS).
- Q4 operating cash flow $40.6M (21% of revenue) and free cash flow $8.6M (4% of revenue) — both records.
- Large customer growth up 71% YoY; fifth straight year of 50%+ compounded growth.