secwatch.observer — SEC 8-K summary
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Issuer:     Cloudflare, Inc. (NET)
CIK:        0001477333
Form:       8-K
Filed at:   2026-02-10T23:59:59+00:00
Accession:  0001477333-26-000008
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 $614.5M (+34% YoY); record $42.5M ACV deal
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1477333/000147733326000008/0001477333-26-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1477333/000147733326000008/cloud-20260210.htm
  HTML page:      https://secwatch.observer/filing/0001477333-26-000008

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