secwatch.observer — SEC 8-K summary
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Issuer:     Cloudflare, Inc. (NET)
CIK:        0001477333
Form:       8-K
Filed at:   2021-08-05T23:59:59+00:00
Accession:  0001477333-21-000033
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cloudflare Q2 revenue $152.4M (+53% YoY); GAAP net loss $0.12 EPS
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1477333/000147733321000033/0001477333-21-000033-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1477333/000147733321000033/cloud-20210805.htm
  HTML page:      https://secwatch.observer/filing/0001477333-21-000033

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