secwatch.observer — SEC 8-K summary
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Issuer:     Cloudflare, Inc. (NET)
CIK:        0001477333
Form:       8-K
Filed at:   2022-02-10T23:59:59+00:00
Accession:  0001193125-22-034540
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1477333/000119312522034540/0001193125-22-034540-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1477333/000119312522034540/d243920d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-034540

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer