earnings
confidence high
sentiment positive
materiality 0.80
Cloudflare Q2 revenue $152.4M (+53% YoY); GAAP net loss $0.12 EPS
Cloudflare, Inc.
2021-Q2 EPS reported
-$0.25
revenue$290,483,000
- Revenue $152.4M, up 53% YoY; GAAP gross margin 77.0%, non-GAAP 78.0%.
- GAAP net loss $35.5M ($0.12/share); non-GAAP net loss $7.3M ($0.02).
- Record add of ~140 large customers, total 1,088; dollar-based net retention 124% (+900 bps YoY).
- Free cash flow -$9.8M (6% of revenue) vs -$20.2M (20%) YoY; cash & securities $1.03B.
- CEO cites 'strongest quarter ever as a public company' with accelerating growth.