---
schema_version: "secwatch.filing_event.v1"
accession: "0001477333-23-000062"
form_type: "8-K"
ticker: "NET"
cik: "0001477333"
company_name: "Cloudflare, Inc."
filed_at: "2023-11-02T23:59:59+00:00"
generated_at: "2026-06-08T23:57:38.766702+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Cloudflare Q3 revenue $335.6M (+32% YoY); non-GAAP EPS $0.16, beats estimates

## Summary
- GAAP net loss $23.5M ($0.07 loss/share) vs $42.5M loss a year ago; non-GAAP net income $55.3M ($0.16 diluted EPS).
- Non-GAAP operating income $42.5M (12.7% of revenue) vs $14.8M (5.8%) in Q3 2022; record fifth consecutive quarter.
- Operating cash flow $68.1M (20% of revenue); free cash flow $34.9M (10% of revenue), up from negative $4.6M a year ago.
- Workers AI platform announced; expects inference-optimized GPUs in nearly all locations by end of 2024.
- Cash and securities $1,574.3M as of Sept 30, 2023.

## SEC filing metadata
- accession: 0001477333-23-000062
- form_type: 8-K
- ticker: NET
- cik: 0001477333
- company_name: Cloudflare, Inc.
- filed_at: 2023-11-02T23:59:59+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/1477333/000147733323000062/0001477333-23-000062-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1477333/000147733323000062/cloud-20231102.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477333-23-000062
- JSON: https://secwatch.observer/filing/0001477333-23-000062.json
- Plain text: https://secwatch.observer/filing/0001477333-23-000062.txt

## Key facts
- Earnings Releases
  Cloudflare, Inc. reported the fiscal quarter ended September 30, 2023 results: revenue $335.6 million, net income GAAP net loss was $23.5 million, EPS GAAP net loss per basic and diluted share was $0.07.
  - Period: the fiscal quarter ended September 30, 2023
  - Revenue: $335.6 million
  - Net income: GAAP net loss was $23.5 million
  - EPS: GAAP net loss per basic and diluted share was $0.07
  - Result: reported results
  source text: expressly set forth by specific reference in such filing. --- EX-99.1 (EX-99.1) --- Cloudflare Announces Third Quarter 2023 Financial Results • Third quarter revenue totaled $335.6 million, representing an increase of 32% year-over-year • GAAP loss from operations of $39.2 million, or 12% of revenue, and non-GAAP income from operations of $42.5 million, or 13% of
  evidence_url: https://www.sec.gov/Archives/edgar/data/1477333/000147733323000062/0001477333-23-000062-index.htm

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