Cloudflare Q2 revenue $308.5M (+32% YoY); record bookings and operating profit

Cloudflare, Inc.

2023-Q2 EPS reported -$0.40 revenue$598,669,000

Revenue $308.5M, +32% YoY; GAAP net loss $94.5M ($0.28 per share).
Non-GAAP income from operations $20.3M (6.6% margin); non-GAAP EPS $0.10.
Operating cash flow $64.5M (21% of revenue); free cash flow $20M (6% of revenue), both improved YoY.
Record new ACV bookings in Q2; fourth consecutive quarter of record operating profit.
CEO highlighted AI momentum; Cloudflare claims most commonly used cloud among leading AI startups.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Cloudflare, Inc. reported the fiscal quarter ended June 30, 2023 results: revenue $308.5 million, net income $94.5 million, EPS $0.28.

Period: the fiscal quarter ended June 30, 2023
Revenue: $308.5 million
Net income: $94.5 million
EPS: $0.28
Result: reported results

Exact text from the filing

set forth by specific reference in such filing. --- EX-99.1 (EX-99.1) --- Cloudflare Announces Second Quarter 2023 Financial Results • Second quarter revenue totaled $308.5 million, representing an increase of 32% year-over-year • Delivered GAAP loss from operations of $56.2 million, or 18% of revenue, and non-GAAP income from operations of $20.3 million,

View on SEC.gov

Browse all earnings releases →

Cloudflare, Inc. filing history →

Source: SEC EDGAR

accession 0001477333-23-000055

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.