When did Cloudflare, Inc. report Q2 2025 earnings?

Cloudflare, Inc. (NET) reported Q2 2025 earnings on July 31, 2025 after market close.

What were Cloudflare, Inc.'s Q2 2025 revenue and EPS?

Cloudflare, Inc. reported revenue of $512.3M and diluted EPS of $0.21 for Q2 2025.

Did Cloudflare, Inc. beat estimates in Q2 2025?

Revenue beat the consensus estimate of $501.3M by $11.0M. EPS beat the consensus estimate of $0.18 by $0.03.

How did Cloudflare, Inc.'s Q2 2025 results compare year-over-year?

Compared to the same quarter a year prior, revenue grew 27.8% from $401.0M a year earlier and diluted EPS grew 5.0% from $0.20.

Where can I find Cloudflare, Inc.'s Q2 2025 SEC filings?

You can read the 10-Q periodic report (0001477333-25-000137) directly on SEC EDGAR. The filing index links above go to sec.gov.

Cloudflare, Inc. NET Q2 2025 earnings

Reported July 31, 2025 · After market close

Revenue$512.3MBeat by $11.0M Diluted EPS$0.21Beat by $0.03

Revenue estimate$501.3M

EPS estimate$0.18

Next report

Jul 30, 2026 (in a month)

Revenue estimate$664.7M

EPS estimate$0.27

Financials

Q2 2025

Income statement

See full

Revenue$512.3M+27.8%

Gross profit$383.6M+23.0%

Operating income-$67.3M-93.9%

Net income-$50.4M-235%

EPS (diluted)-$0.15-275%

Balance sheet

See full

Cash & equivalents$1.5B+853%

Total debt$201.6M+31.6%

Total equity$1.2B+40.6%

Total assets$5.6B+90.7%

Cash flow

See full

Operating cash flow$99.8M+33.4%

CapEx$59.9M+102%

Free cash flow$39.9M-11.7%

Valuation & ratios

Q2 2025

Valuation

See full

Market cap$64.62B+130%

Enterprise value$63.29B+126%

P/S34.3×+15.4×

Profitability

See full

Gross margin76.1%-1.2pp

Operating margin-9.9%-1.3pp

Net margin-6.2%-0.6pp

FCF margin11.1%-1.2pp

Returns & leverage

See full

Return on equity-11%-1.7pp

Debt / equity0.2×0.0×

Current ratio5.1×+1.6×

Segments

By geography

See full

Europe, Middle East, and Africa$143.4M+29.3%

Asia Pacific$75.1M+44.2%

Other$41.8M+35.4%

By segment

See full

Reportable Segment$512.3M+27.8%

Versus estimates

Revenue

Q1 2026$639.8MBeat by $18.9M Q4 2025$614.5MBeat by $23.2M Q3 2025$562.0MBeat by $17.4M

Q2 2025$512.3MBeat by $11.0M

Q1 2025$479.1MBeat by $9.8M Q4 2024$459.9MBeat by $7.9M

Diluted EPS

Q1 2026$0.25Beat by $0.02 Q4 2025$0.28Beat by $0.01 Q3 2025$0.27Beat by $0.04

Q2 2025$0.21Beat by $0.03

Q1 2025$0.16Miss by $0.00 Q4 2024$0.19Beat by $0.01

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Questions, answered.

When did Cloudflare, Inc. report Q2 2025 earnings?: Cloudflare, Inc. (NET) reported Q2 2025 earnings on July 31, 2025 after market close.
What were Cloudflare, Inc.'s Q2 2025 revenue and EPS?: Cloudflare, Inc. reported revenue of $512.3M and diluted EPS of $0.21 for Q2 2025.
Did Cloudflare, Inc. beat estimates in Q2 2025?: Revenue beat the consensus estimate of $501.3M by $11.0M. EPS beat the consensus estimate of $0.18 by $0.03.
How did Cloudflare, Inc.'s Q2 2025 results compare year-over-year?: Compared to the same quarter a year prior, revenue grew 27.8% from $401.0M a year earlier and diluted EPS grew 5.0% from $0.20.
Where can I find Cloudflare, Inc.'s Q2 2025 SEC filings?: You can read the 10-Q periodic report (0001477333-25-000137) directly on SEC EDGAR. The filing index links above go to sec.gov.