Cloudflare, Inc.(NET) Stock Research - Grey Stern Research
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Cloudflare, Inc. (NET) Stock Analysis

$107.90 (-1.51%)

NET Financial Performance


Use the table below to view Cloudflare, Inc.'s financial profile. This data is gathers from the latest available financial statements. Annual data is taken from the trailing 12 months of statements. All numbers are reported in US Dollars and so any foreign currencies are converted to USD so comparison's can be done.

Based on Financial Statements from Q3 - 2024

Metric Value Ranking among Peers
Price $107.90 -
52 Week Low $66.24 -
52 Week High $177.37 -
Market Cap $37.2 Billion 5/9
Gross Margin 76% 6/9
Profit Margin -3% 8/9
EBITDA margin -8% 7/9
Q3 - 2024 Revenue $459.9 Million 9/9
Q3 - 2024 Earnings -$12.8 Million 8/9
Q3 - 2024 Free Cash Flow $0 Million 9/9
Trailing 4 Quarters Revenue $1.7 Billion 9/9
Trailing 4 Quarters Earnings -$78.8 Million 8/9
Quarterly Earnings Growth 54% 6/9
Annual Earnings Growth 20% 6/9
Quarterly Revenue Growth 27% 2/9
Annual Revenue Growth 22% 3/9
Cash On Hand $147.7 Million 9/9
Short Term Debt $47.6 Million 4/9
Long Term Debt $1.4 Billion 2/9

Cloudflare, Inc. Financial Metrics


Financial metrics are a set of useful numbers that can give key performance indicators of a company. The various metrics can include information about profitability, growth, and debt load. When combined and use properly they can tell an analyst a compelling fact-based story of how the company is currently performing. To compare Cloudflare, Inc.'s metrics versus it's peers make sure to run our peer analysis tool.

Valuation Metrics

Metric Value Ranking among Peers
PE -1.00 6/9
PS 22.30 3/9
PB 35.59 3/9
PC 252.10 1/9
Liabilities to Equity 2.16 3/9
ROA -0.02 8/9
ROE -0.08 9/9
Current Ratio 1.46 7/9
Quick Ratio 0.82 5/9
Long Term Debt to Equity 1.35 2/9
Debt to Equity 1.40 2/9
Burn Rate 1.81 4/9
Cash to Cap 0.00 9/9
CCR 9/9
EV to EBITDA -1110.32 9/9
EV to Revenue 23.09 2/9

Company Details

CloudFlare, Inc. operates as a cloud services provider that delivers a range of services to businesses worldwide. The company offers an integrated cloud-based security solution to secure a range of combination of platforms, including public cloud, private cloud, on-premise, software-as-a-service applications, and IoT devices. Its security products comprise cloud firewall, bot management, distributed denial of service, IoT, SSL/TLS, secure origin connection, and rate limiting products. The company also offers performance solutions, which include content delivery and intelligent routing, as well as content, mobile, and image optimization solutions. In addition, it provides reliability solutions comprising load balancing, anycast network, virtual backbone, DNS, DNS resolver, online, and virtual waiting room solutions. Further, the company offers Cloudflare internal infrastructure solutions, including on-ramps, which connect users, devices, or locations to its network; and filters, which are the products that protect, inspect, and privilege data. Additionally, it provides developer-based solutions, such as serverless computing/programmable network, website development, domain registration, Cloudflare apps, analytics, and data localization management; Consumer DNS Resolver, a consumer app to browse the Internet; and Consumer VPN for consumers to secure and accelerate traffic on mobile devices. The company serves customers in the technology, healthcare, financial services, consumer and retail, and non-profit industries, as well as government. CloudFlare, Inc. was incorporated in 2009 and is headquartered in San Francisco, California.

CEO: Mr. Matthew Prince

Website: https://www.cloudflare.com

Address: 101 Townsend St San Francisco, CALIFORNIA

Exchange: New York Stock Exchange

Industry: Software—Infrastructure

Cloudflare, Inc. Peer Analysis


A useful and more reliable way of seeing the health of a company is to compare it to other companies operating in the same sector. Below is our list of companies which we rank are the closest peers to Cloudflare, Inc.. If you feel that peers should be added or removed from this list please contact us. To run an in-depth peer analysis which compares many financial metrics click on the link below.

Stock Ticker Market Cap
Adobe Inc. ADBE $148.7 Billion
Splunk Inc. SPLK $26.4 Billion
Okta, Inc. OKTA $16.2 Billion
Palo Alto Networks, Inc. PANW $111.0 Billion
MongoDB, Inc. MDB $12.9 Billion
Zscaler, Inc. ZS $31.1 Billion
CrowdStrike Holdings, Inc. CRWD $93.1 Billion
Palantir Technologies Inc. PLTR $219.9 Billion
Run Peer Analysis
Income Statement
Balance Sheet
Cash Flow Statement
NET Income Statements
Quarter Year Revenue Earnings
Q4 2024 $ 459.9 Million -$12.8 Million
Q3 2024 $ 430.1 Million -$15.3 Million
Q2 2024 $ 401.0 Million -$15.1 Million
Q1 2024 $ 378.6 Million -$35.5 Million
Q4 2023 $ 362.5 Million -$27.9 Million
Q3 2023 $ 335.6 Million -$23.5 Million
Q2 2023 $ 308.5 Million -$94.5 Million
Q1 2023 $ 290.2 Million -$38.1 Million

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NET Balance Sheets
Quarter Year Cash & Equivalents Total Assets Total Debt Total Equity
Q4 2024 $147.7 Million $3.3 Billion $1.5 Billion $1.0 Billion
Q3 2024 $182.9 Million $3.1 Billion $1.5 Billion $973.1 Million
Q2 2024 $158.0 Million $2.9 Billion $1.4 Billion $881.5 Million
Q1 2024 $259.9 Million $2.8 Billion $1.4 Billion $797.2 Million
Q4 2023 $86.9 Million $2.8 Billion $1.4 Billion $763.0 Million
Q3 2023 $94.1 Million $2.6 Billion $1.4 Billion $699.3 Million
Q2 2023 $159.3 Million $2.5 Billion $1.5 Billion $641.8 Million
Q1 2023 $256.4 Million $2.7 Billion $1.6 Billion $652.6 Million

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NET Cash Flow Statements
Quarter Year freeCashFlow capitalExpenditure netChangeInCash
Q3 2024 $104.7 Million $0 $25.9 Million
Q2 2024 $38.3 Million -$36.5 Million -$102.0 Million
Q1 2024 $35.6 Million -$38.0 Million $170.5 Million
Q4 2023 $90.8 Million -$34.7 Million -$6.4 Million
Q3 2023 $68.1 Million $0 -$66.7 Million
Q2 2023 $20.0 Million -$44.5 Million -$104.1 Million
Q1 2023 $13.9 Million -$22.5 Million $53.2 Million
Q4 2022 $33.7 Million -$44.5 Million $66.2 Million

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