Cloudflare, Inc. · Q1 2026
ReportedMay 7, 2026
Period endedMar 31, 2026
Rule of 40+48
The quarter in short
Revenue $640M, up 33.5% year over year and 4.1% on the quarter. EPS −$0.07, up 36.4% year over year and down 133.3% on the quarter. Free cash flow $93M, up 55.4% year over year and down 11.5% on the quarter. Rule of 40 score +48.
Reported this quarter
Revenue
$640M
QoQ +4.1%
YoY +33.5%
EPS
−$0.07
QoQ −133.3%
YoY +36.4%
Free Cash Flow
$93M
QoQ −11.5%
YoY +55.4%
Gross Margin
71.2%
QoQ −2.4 pp
YoY −4.7 pp
FCF Margin
14.6%
QoQ −2.6 pp
YoY +2.1 pp
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Filed with the SEC under CIK 1477333.
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8-K results announcement
Filed May 7, 2026
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Exhibit 99.1 to the 8-K
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Period ended Mar 31, 2026, filed May 8, 2026
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