What is Cloudflare, Inc.'s shares (basic)?

Cloudflare, Inc. (NET) reported shares (basic) of 352.6M in Q1 2026.

How has Cloudflare, Inc.'s shares (basic) changed year-over-year?

Cloudflare, Inc.'s shares (basic) increased by 2.0% year-over-year, from 345.7M to 352.6M.

What is the long-term trend for Cloudflare, Inc.'s shares (basic)?

Over 4 years (2021 to 2025), Cloudflare, Inc.'s shares (basic) has grown at a 2.9% compound annual growth rate (CAGR), from 1.2B to 1.4B.

What does shares (basic) mean?

The time-weighted average number of common shares outstanding during the period, used as the denominator for basic EPS calculations.

Cloudflare, Inc. NET Shares (Basic)

Shares (Basic) at other companies

MicrosoftMSFT

7.4B-0.1%

AmazonAMZN

10.7B+1.3%

F5, Inc.FFIV

56.7M-2.0%

Netscout SystemsNTCT

72M+0.5%

VirnetX Holding Corp VHC

3.8M+3.5%

Akamai TechnologiesAKAM

145.3M-2.5%

Other financials

Income statement

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Revenue$639.8M+33.5%

Gross profit$455.6M+25.3%

Operating income-$62.0M-16.4%

Net income-$22.9M+40.4%

EPS (diluted)-$0.07+36.4%

Balance sheet

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Cash & equivalents$944.4M+347%

Total debt$256.7M+36.9%

Total equity$1.5B+7.1%

Total assets$6.2B+65.6%

Cash flow

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Operating cash flow$158.3M+8.6%

CapEx$65.2M-24.1%

Free cash flow$93.1M+55.4%

Valuation

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Market cap$87.06B+30.0%

Enterprise value$86.37B+31.6%

P/S37.4×+1.8×

Profitability

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Gross margin73.3%-3.6pp

Operating margin-9.3%+0.7pp

Net margin-3.7%-0.6pp

FCF margin13.8%+1.7pp

Returns & leverage

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Return on equity-5.9%-1.0pp

Debt / equity0.2×0.0×

Current ratio2×-1.2×

Where this comes from

Reported directly by Cloudflare, Inc. in its filing.

Tagged under the XBRL concept us-gaap:WeightedAverageNumberOfSharesOutstandingBasic.

The official record: Cloudflare, Inc.’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Cloudflare, Inc.'s shares (basic)?: Cloudflare, Inc. (NET) reported shares (basic) of 352.6M in Q1 2026.
How has Cloudflare, Inc.'s shares (basic) changed year-over-year?: Cloudflare, Inc.'s shares (basic) increased by 2.0% year-over-year, from 345.7M to 352.6M.
What is the long-term trend for Cloudflare, Inc.'s shares (basic)?: Over 4 years (2021 to 2025), Cloudflare, Inc.'s shares (basic) has grown at a 2.9% compound annual growth rate (CAGR), from 1.2B to 1.4B.
What does shares (basic) mean?: The time-weighted average number of common shares outstanding during the period, used as the denominator for basic EPS calculations.