---
schema_version: "secwatch.filing_event.v1"
accession: "0001477333-26-000008"
form_type: "8-K"
ticker: "NET"
cik: "0001477333"
company_name: "Cloudflare, Inc."
filed_at: "2026-02-10T23:59:59+00:00"
generated_at: "2026-05-16T03:34:24.757486+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001477333-26-000008
- form_type: 8-K
- ticker: NET
- cik: 0001477333
- company_name: Cloudflare, Inc.
- filed_at: 2026-02-10T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1477333/000147733326000008/0001477333-26-000008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1477333/000147733326000008/cloud-20260210.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477333-26-000008
- JSON: https://secwatch.observer/filing/0001477333-26-000008.json
- Plain text: https://secwatch.observer/filing/0001477333-26-000008.txt

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