---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-034540"
form_type: "8-K"
ticker: "NET"
cik: "0001477333"
company_name: "Cloudflare, Inc."
filed_at: "2022-02-10T23:59:59+00:00"
generated_at: "2026-06-27T09:09:56.679727+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Cloudflare Q4 revenue $193.6M (+54% YoY); full year $656.4M (+52% YoY) with record net retention 125%

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-22-034540
- form_type: 8-K
- ticker: NET
- cik: 0001477333
- company_name: Cloudflare, Inc.
- filed_at: 2022-02-10T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1477333/000119312522034540/0001193125-22-034540-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1477333/000119312522034540/d243920d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-034540
- JSON: https://secwatch.observer/filing/0001193125-22-034540.json
- Plain text: https://secwatch.observer/filing/0001193125-22-034540.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.