secwatch.observer — SEC 8-K summary
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Issuer:     Cloudflare, Inc. (NET)
CIK:        0001477333
Form:       8-K
Filed at:   2025-02-06T23:59:59+00:00
Accession:  0001477333-25-000017
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cloudflare Q4 revenue $459.9M (+27% YoY); non-GAAP EPS $0.19 beats
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- Q4 revenue $459.9M (+27% YoY); FY24 revenue $1,669.6M (+29% YoY).
- GAAP net loss narrowed to $12.8M ($0.04/sh) from $27.9M; non-GAAP net income $68.8M ($0.19/sh) vs $53.5M ($0.15/sh).
- Customers spending >$1M/yr grew to 173 (+47% YoY); 55 added in 2024, over half in Q4.
- GAAP loss from operations was $34.7M (7.5% rev) vs $42.8M (11.8%) a year ago.
- Free cash flow $47.8M (10% rev) in Q4; FY24 FCF $166.9M (10% rev).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1477333/000147733325000017/0001477333-25-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1477333/000147733325000017/cloud-20250206.htm
  HTML page:      https://secwatch.observer/filing/0001477333-25-000017

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