Earnings Releases·Nov 5, 2026, 4:18 PM ET

Cloudflare — Third Quarter 2026 Earnings Summary

Total revenue reached $782.5 million, a 39% year-over-year increase, while Non-GAAP net income rose to $143.7 million ($0.38 per share) from $102.6 million in the prior year period.
The company provided Q4 2026 revenue guidance of $845.0–$846.0 million and full-year 2026 revenue guidance of $2,963.0–$2,964.0 million, projecting Non-GAAP net income per share of $1.35 for the year.
Strategic realignment to an agentic AI-first operating model includes an estimated workforce reduction, resulting in $11.0 million in restructuring charges for the quarter.
Capital management activities included the issuance of $2,500 million in convertible senior notes and the repayment of $1,293.75 million in notes over the nine-month period, alongside a deferred revenue increase to $876.8 million.