Cloudflare Q4 revenue $614.5M (+34% YoY); record $42.5M ACV deal

Cloudflare, Inc.

2025-FY EPS reported -$0.29 revenue$2,167,937,000

Q4 revenue $614.5M (+34% YoY); FY2025 revenue $2,167.9M (+30% YoY).
GAAP operating loss $49.2M (8% of revenue); non-GAAP operating income $89.6M (15% of revenue).
Closed largest annual contract value deal ever at $42.5M; new ACV grew ~50% YoY.
Q4 free cash flow $99.4M (16.2% of revenue) vs $47.8M (10.4%) a year ago.
Non-GAAP diluted EPS $0.28, up from $0.19 in Q4 2024.

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