cloudflare is the simplest way to make websites faster, safer and smarter. millions of websites have signed up for our service, including large enterprises, major consumer destinations, and government agencies. with offices in san francisco and london, cloudflare operates a highly-available global network that has security measures built into every layer and regularly clocks in lightning-fast speeds. our network also: ...serves hundreds of billions of page views per month ...reaches 90% of the world’s population in less than .23 seconds ...sees more than 750m unique ips per month ...has successfully defended against the largest ddos attack publicly recorded we're on a mission to build a better web - and we need smart, talented people to join our team. our team works on the forefront of leading technologies including nginx, go and lua programming languages. we're a strong supporter of the open source community and regularly share our technology learnings at https://blog.cloud
Company profile
Ticker
NET
Exchange
Website
CEO
Matthew Prince
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Microsoft • Oracle • Mobileye Global Inc - Ordinary Shares • Activision Blizzard • Gen Digital • Vmware • Adobe • Salesforce • BlackBerry • Dayforce ...
SEC CIK
Corporate docs
IRS number
270805829
NET stock data
Latest filings (excl ownership)
ARS
2023 FY
Annual report to shareholders
19 Apr 24
DEFA14A
Additional proxy soliciting materials
19 Apr 24
DEF 14A
Definitive proxy
19 Apr 24
8-K
Departure of Directors or Certain Officers
1 Mar 24
S-8
Registration of securities for employees
21 Feb 24
10-K
2023 FY
Annual report
21 Feb 24
8-K
Cloudflare Announces Fourth Quarter and Fiscal Year 2023 Financial Results
8 Feb 24
10-Q
2023 Q3
Quarterly report
2 Nov 23
8-K
Cloudflare Announces Third Quarter 2023 Financial Results
2 Nov 23
10-Q
2023 Q2
Quarterly report
3 Aug 23
Transcripts
NET
Earnings call transcript
2023 Q4
8 Feb 24
NET
Earnings call transcript
2023 Q3
2 Nov 23
NET
Earnings call transcript
2023 Q2
3 Aug 23
NET
Earnings call transcript
2023 Q1
27 Apr 23
NET
Earnings call transcript
2022 Q4
9 Feb 23
NET
Earnings call transcript
2022 Q3
4 Nov 22
NET
Earnings call transcript
2022 Q2
5 Aug 22
NET
Earnings call transcript
2022 Q1
6 May 22
NET
Earnings call transcript
2021 Q4
11 Feb 22
NET
Earnings call transcript
2021 Q3
5 Nov 21
Latest ownership filings
4
Carl Ledbetter
25 Apr 24
4
THOMAS J SEIFERT
19 Apr 24
4
Michelle Zatlyn
18 Apr 24
4
Carl Ledbetter
18 Apr 24
144
Notice of proposed sale of securities
18 Apr 24
4
Matthew Prince
11 Apr 24
4
Carl Ledbetter
11 Apr 24
144
Notice of proposed sale of securities
10 Apr 24
144
Notice of proposed sale of securities
9 Apr 24
4
Carl Ledbetter
4 Apr 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 97.64 mm | 97.64 mm | 97.64 mm | 97.64 mm | 97.64 mm | 97.64 mm |
Cash burn (monthly) | 22.25 mm | 4.28 mm | 13.07 mm | 19.18 mm | (no burn) | (no burn) |
Cash used (since last report) | 153.87 mm | 29.61 mm | 90.40 mm | 132.67 mm | n/a | n/a |
Cash remaining | -56.23 mm | 68.03 mm | 7.24 mm | -35.03 mm | n/a | n/a |
Runway (months of cash) | -2.5 | 15.9 | 0.6 | -1.8 | n/a | n/a |
Institutional ownership, Q3 2023
9.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 6 |
Opened positions | 2 |
Closed positions | 543 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 2.19 bn |
Total shares | 28.61 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Venrock Associates V | 14.80 mm | $1.12 bn |
New Enterprise Associates 13 | 13.16 mm | $1.00 bn |
Pelion Ventures VI | 532.05 k | $40.43 mm |
Future Fund Board of Guardians | 55.00 k | $4.18 mm |
Loomis Sayles & Co L P | 47.43 k | $2.99 mm |
Comerica Bank | 17.00 k | $14.45 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
24 Apr 24 | Ledbetter Carl | Class A Common Stock | Sell | Dispose S | Yes | Yes | 89.486 | 4,681 | 418.88 k | 1,204,815 |
24 Apr 24 | Ledbetter Carl | Class A Common Stock | Sell | Dispose S | Yes | Yes | 88.8781 | 5,334 | 474.08 k | 1,209,496 |
18 Apr 24 | Thomas J Seifert | Class A Common Stock | Sell | Dispose S | No | Yes | 88.2088 | 800 | 70.57 k | 338,469 |
18 Apr 24 | Thomas J Seifert | Class A Common Stock | Sell | Dispose S | No | Yes | 87.7473 | 4,800 | 421.19 k | 339,269 |
18 Apr 24 | Thomas J Seifert | Class A Common Stock | Sell | Dispose S | No | Yes | 86.542 | 9,400 | 813.49 k | 344,069 |
18 Apr 24 | Thomas J Seifert | Class A Common Stock | Conversion | Acquire C | No | No | 0 | 15,000 | 0.00 | 353,469 |
18 Apr 24 | Thomas J Seifert | Class B Common Stock Class A Common Stock | Conversion | Dispose C | No | No | 0 | 15,000 | 0.00 | 8,925 |
18 Apr 24 | Thomas J Seifert | Class B Common Stock Class A Common Stock | Option exercise | Acquire M | No | No | 0 | 15,000 | 0.00 | 23,925 |
18 Apr 24 | Thomas J Seifert | Employee Stock Option Class B Common Stock | Option exercise | Dispose M | No | No | 2.04 | 15,000 | 30.60 k | 555,341 |
18 Apr 24 | Zatlyn Michelle | Class A Common Stock | Sell | Dispose S | Yes | Yes | 87.5148 | 720 | 63.01 k | 19,615 |
News
Jim Cramer: You're 'Dice Rolling' With This Biopharma Stock, But Vista Energy Is 'A Good Situation'
25 Apr 24
Decoding Cloudflare's Options Activity: What's the Big Picture?
17 Apr 24
Cantor Fitzgerald Reiterates Neutral on Cloudflare, Maintains $100 Price Target
17 Apr 24
Peeling Back The Layers: Exploring Cloudflare Through Analyst Insights
15 Apr 24
Mizuho Maintains Neutral on Cloudflare, Lowers Price Target to $95
15 Apr 24
Press releases
Cloudflare and Booz Allen Hamilton Now Delivering Rapid Incident Response for Enterprises Under Attack
8 Apr 24
Cloudflare Enters Observability Market with Acquisition to Enhance Serverless Performance
5 Apr 24
Cloudflare Announces Dates of First Quarter 2024 Financial Results and Investor Day
4 Apr 24
Kyndryl and Cloudflare Announce Global Strategic Alliance to Drive Enterprise Network Transformation, Multi-Cloud Innovation, and Zero Trust Security
20 Mar 24
Cloudflare Doubles Down on Middle East; Expands Presence and Team to Support Growing Customer Demand
8 Mar 24