NET Rule of 40
Rule of 40 combines revenue growth and free cash flow margin in one quarterly score.
Latest Rule of 40: +46 (2026Q2); +10 pts YoY.
Across the 8 quarters from 2024Q3 to 2026Q2, Rule of 40 ranged from +36 in 2025Q2 to +51 in 2025Q4.
NET Rule of 40
Latest: +46 (2026Q2)
Networking & Security Comparison
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Other NET Charts
More quarter-by-quarter fundamentals for Cloudflare, Inc.
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Revenue
EPS
Free Cash Flow
Gross Margin
FCF Margin
Cumulative FCF