Financial Snapshot

Revenue
$1.572B
TTM
Gross Margin
77.51%
TTM
Net Earnings
-$93.82M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
337.25%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$973.1M
Q3 2024
Cash
Q3 2024
P/E
-405.0
Nov 29, 2024 EST
Free Cash Flow
$175.7M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Revenue $1.297B $975.2M $656.4M $431.1M $287.0M $192.7M $134.9M $84.80M
YoY Change 32.97% 48.57% 52.28% 50.18% 48.97% 42.81% 59.1%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Revenue $1.297B $975.2M $656.4M $431.1M $287.0M $192.7M $134.9M $84.80M
Cost Of Revenue $307.0M $232.6M $147.1M $101.1M $63.42M $43.54M $28.79M $24.00M
Gross Profit $989.7M $742.6M $509.3M $330.0M $223.6M $149.1M $106.1M $60.80M
Gross Profit Margin 76.32% 76.15% 77.59% 76.56% 77.9% 77.4% 78.66% 71.7%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Selling, General & Admin $814.8M $645.5M $447.6M $309.6M $240.9M $179.6M $82.21M $54.20M
YoY Change 26.22% 44.23% 44.55% 28.54% 34.14% 118.44% 51.67%
% of Gross Profit 82.32% 86.92% 87.88% 93.83% 107.73% 120.41% 77.46% 89.14%
Research & Development $358.1M $298.3M $189.4M $127.1M $90.67M $54.46M $33.65M $23.70M
YoY Change 20.06% 57.49% 48.97% 40.23% 66.48% 61.85% 41.98%
% of Gross Profit 36.19% 40.17% 37.19% 38.53% 40.55% 36.52% 31.71% 38.98%
Depreciation & Amortization $135.8M $102.3M $66.61M $49.39M $29.48M $18.91M $12.17M $8.360M
YoY Change 32.72% 53.64% 34.87% 67.53% 55.93% 55.29% 45.62%
% of Gross Profit 13.72% 13.78% 13.08% 14.97% 13.18% 12.68% 11.47% 13.75%
Operating Expenses $1.175B $943.8M $637.0M $436.8M $331.5M $234.0M $115.9M $77.80M
YoY Change 24.52% 48.17% 45.84% 31.74% 41.66% 102.0% 48.92%
Operating Profit -$185.5M -$201.2M -$127.7M -$106.8M -$107.9M -$84.90M -$9.730M -$17.00M
YoY Change -7.81% 57.58% 19.59% -1.09% 27.15% 772.55% -42.76%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Interest Expense $62.30M $4.984M $49.23M $24.96M $1.112M $992.0K $862.0K $0.00
YoY Change 1149.9% -89.88% 97.22% 2144.96% 12.1% 15.08%
% of Operating Profit
Other Income/Expense, Net -$4.372M $10.47M -$120.3M -$18.21M $3.233M -$1.188M $15.00K -$200.0K
YoY Change -141.76% -108.7% 560.76% -663.1% -372.14% -8020.0% -107.5%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Pretax Income -$177.9M -$190.7M -$248.0M -$125.0M -$104.7M -$86.09M -$9.715M -$17.30M
YoY Change -6.75% -23.08% 98.42% 19.35% 21.64% 786.12% -43.84%
Income Tax $6.087M $2.648M $12.33M -$5.603M $1.115M $1.077M $1.033M $100.0K
% Of Pretax Income
Net Earnings -$183.9M -$193.4M -$260.3M -$119.4M -$105.8M -$87.16M -$10.75M -$17.30M
YoY Change -4.88% -25.71% 118.07% 12.8% 21.41% 710.98% -37.87%
Net Earnings / Revenue -14.19% -19.83% -39.66% -27.69% -36.87% -45.24% -7.97% -20.4%
Basic Earnings Per Share -$0.55 -$0.59 -$0.83 -$0.40 -$0.72
Diluted Earnings Per Share -$0.55 -$0.59 -$0.83 -$0.40 -$0.72 -$297.3K -$36.48K -$58.98K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Cash & Short-Term Investments $1.674B $1.650B $1.822B $1.036B $639.7M $163.3M $73.70M
YoY Change 1.44% -9.44% 75.8% 62.0% 291.73% 121.57%
Cash & Equivalents $86.86M $204.2M $313.8M $108.9M $139.0M $25.10M $24.40M
Short-Term Investments $1.587B $1.446B $1.508B $927.4M $500.7M $138.2M $49.30M
Other Short-Term Assets $50.02M $81.11M $32.39M $26.60M $14.20M $6.800M $3.100M
YoY Change -38.33% 150.41% 21.77% 87.32% 108.82% 119.35%
Inventory
Prepaid Expenses
Receivables $259.3M $156.8M $101.6M $67.00M $35.90M $26.70M $15.20M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $1.983B $1.888B $1.956B $1.130B $689.9M $196.7M $92.00M
YoY Change 5.04% -3.48% 73.08% 63.79% 250.74% 113.8%
Property, Plant & Equipment $461.4M $419.0M $314.1M $166.8M $101.5M $73.20M $51.40M
YoY Change 10.12% 33.41% 88.28% 64.33% 38.66% 42.41%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $147.7M $100.5M $77.38M $63.90M $35.40M $24.20M $14.90M
YoY Change 46.93% 29.92% 21.1% 80.51% 46.28% 62.42%
Total Long-Term Assets $776.7M $700.0M $416.2M $250.7M $140.9M $101.7M $71.10M
YoY Change 10.95% 68.19% 66.02% 77.93% 38.54% 43.04%
Total Assets $2.760B $2.588B $2.372B $1.381B $830.8M $298.4M $163.1M
YoY Change
Accounts Payable $53.73M $35.61M $26.09M $14.50M $11.50M $14.30M $4.700M
YoY Change 50.89% 36.5% 79.9% 26.09% -19.58% 204.26%
Accrued Expenses $165.7M $141.7M $129.2M $55.20M $23.00M $12.30M $7.100M
YoY Change 16.96% 9.72% 133.99% 140.0% 86.99% 73.24%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $12.12M $0.00 $300.0K $400.0K
YoY Change -100.0% -100.0% -25.0%
Total Short-Term Liabilities $567.1M $397.9M $288.6M $141.4M $83.90M $61.40M $27.20M
YoY Change 42.53% 37.88% 104.08% 68.53% 36.64% 125.74%
Long-Term Debt $1.283B $1.436B $1.147B $383.3M $10.50M $12.10M $11.00M
YoY Change -10.64% 25.23% 199.21% 3550.48% -13.22% 10.0%
Other Long-Term Liabilities $146.3M $129.9M $120.8M $39.10M $10.60M $6.900M $3.300M
YoY Change 12.62% 7.49% 209.03% 268.87% 53.62% 109.09%
Total Long-Term Liabilities $1.430B $1.566B $1.268B $422.4M $21.10M $19.00M $14.30M
YoY Change -8.71% 23.54% 200.12% 1901.9% 11.05% 32.87%
Total Liabilities $1.997B $1.964B $1.556B $563.7M $105.0M $80.40M $41.40M
YoY Change 1.67% 26.2% 176.08% 436.86% 30.6% 94.2%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Basic Shares Outstanding 333.7M shares 326.3M shares 312.3M shares 299.8M shares 146.3M shares
Diluted Shares Outstanding 333.7M shares 326.3M shares 312.3M shares 299.8M shares 146.3M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $37.998 Billion

About Cloudflare, Inc.

Cloudflare, Inc. engages in the provision of cloud-based services to secure websites. The company is headquartered in San Francisco, California and currently employs 4,160 full-time employees. The company went IPO on 2019-09-13. The company is a global cloud services provider that delivers a range of services to businesses of all sizes and in all geographies. Its network serves as a scalable, unified control plane to deliver security, performance, and reliability across on-premise, hybrid, cloud and software-as-a-service applications. Its integrated suite of products consists of solutions for an organization's external-facing infrastructure, such as Websites, applications and application programming interfaces to deliver security and reliability; solutions to serve an organization's internal resources, such as internal networks and devices; developer-based solutions and consumer offerings. Its security products include Web Application Firewall, Bot Management, SSL/TLS Encryption and Secure Origin Connection. Its performance products include Content Delivery, Intelligent Routing, Content Optimization and Others. The company also offers a zero trust infrastructure access platform.

Industry: Services-Prepackaged Software Peers: MongoDB, Inc. AKAMAI TECHNOLOGIES INC DigitalOcean Holdings, Inc. GoDaddy Inc. Okta, Inc. Snowflake Inc. Switch, Inc. VERISIGN INC/CA TWILIO INC