---
schema_version: "secwatch.filing_event.v1"
accession: "0001477333-21-000042"
form_type: "8-K"
ticker: "NET"
cik: "0001477333"
company_name: "Cloudflare, Inc."
filed_at: "2021-11-04T23:59:59+00:00"
generated_at: "2026-06-28T12:50:49.232420+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Cloudflare Q3 revenue $172.3M (+51% YoY); non-GAAP net income positive for first time

## Summary
- Revenue $172.3M, up 51% YoY; GAAP net loss $107.3M ($0.34 loss per share) vs $26.5M loss year ago.
- Non-GAAP net income $1.4M ($0.00 diluted EPS), achieving profitability milestone a year ahead of schedule.
- Added record ~170 large customers, total 1,260 (+71% YoY); large customer growth strong.
- Non-GAAP gross margin 79.2%; free cash flow negative $39.7M (-23% of revenue) vs -$17.9M year ago.
- Cash, cash equivalents and securities $1,813.9M; no explicit forward guidance provided.

## SEC filing metadata
- accession: 0001477333-21-000042
- form_type: 8-K
- ticker: NET
- cik: 0001477333
- company_name: Cloudflare, Inc.
- filed_at: 2021-11-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1477333/000147733321000042/0001477333-21-000042-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1477333/000147733321000042/cloud-20211104.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477333-21-000042
- JSON: https://secwatch.observer/filing/0001477333-21-000042.json
- Plain text: https://secwatch.observer/filing/0001477333-21-000042.txt

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