Overview
- Q4 revenue rose 33.6% to $614.5 million, topping estimates, with adjusted earnings of $0.28 per share edging past forecasts.
- Cloudflare guided Q1 revenue to $620–$621 million and full-year 2026 sales to $2.79–$2.80 billion, both ahead of Wall Street consensus.
- The company projected Q1 adjusted EPS of about $0.23 per share, which trailed some analyst expectations of roughly $0.25.
- Profitability and cash metrics strengthened, including a 74.9% gross margin, $89.6 million in operating income, and $99.4 million in free cash flow.
- Large-customer adoption expanded to 4,298 accounts spending over $100,000 annually, as management said AI agents and related workloads, including Anthropic-integrated tools, are driving demand.