secwatch.observer — SEC 8-K summary
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Issuer:     Cloudflare, Inc. (NET)
CIK:        0001477333
Form:       8-K
Filed at:   2025-05-08T23:59:59+00:00
Accession:  0001477333-25-000081
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cloudflare Q1 revenue $479.1M (+27% YoY); largest contract >$100M
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- Revenue $479.1M, up 27% YoY; GAAP gross margin 75.9% (down from 77.5%).
- GAAP loss from operations $53.2M (11.1% of revenue), improved from $54.6M.
- Non-GAAP income from operations $56.0M (11.7% of revenue), up from $42.4M.
- GAAP net loss per share $0.11; non-GAAP net income per diluted share $0.16.
- Free cash flow $52.9M (11% of revenue), up from $35.6M; closed largest contract in history >$100M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1477333/000147733325000081/0001477333-25-000081-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1477333/000147733325000081/cloud-20250508.htm
  HTML page:      https://secwatch.observer/filing/0001477333-25-000081

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