Earnings preview

Cloudflare, Inc. Cloudflare, Inc. Q2 2026 Earnings Results vs. Expectations

ReportsAug 6, 2026
SlotAfter Market Close

Results are out

This quarter has reported. The consensus below is what we expected going in.

Read the release →

What the Street expects

EPS · ADJUSTED
-$0.03
consensus · see the release
QoQ—
YoY—

QoQ and YoY are what the consensus implies against the prior quarter and the prior year.

Also on the card
GAAP diluted EPS we store −$0.48
Size of the miss in cents 2c — the percentage is large only because the base is small
Revenue $696.1M reported; no revenue consensus is published for this ticker

Q2 2026 reported results

Estimate against reported

$0.02−$0.07−$0.172024 Q4 reported −$0.042024 Q42025 Q1 reported −$0.112025 Q12025 Q2 reported −$0.152025 Q22025 Q3 reported $0.002025 Q32025 Q4 reported −$0.032025 Q42026 Q1 reported −$0.072026 Q12026 Q2 estimate −$0.032026 Q2 reported −$0.052026 Q22026 Q3
Our published estimate Reported EPS
QuarterEstimateReportedSurprise
2024 Q4 — −$0.04 —
2025 Q1 — −$0.11 —
2025 Q2 — −$0.15 —
2025 Q3 — $0.00 —
2025 Q4 — −$0.03 —
2026 Q1 — −$0.07 —
2026 Q2 −$0.03 −$0.05 −67%
2026 Q3 — not yet reported —

Estimates are the consensus we published on our own preview for that quarter; quarters we did not preview carry the reported figure only. Where a consensus was set on a non-GAAP basis, the reported column shows that same measure.

Every quarter

Q2 2026 release page View NET stock page