2026 Q2 10-Q: revenue reached $696.1m, up 9% in a quarter, while the operating loss went from $62.0m to $205.7m. Share-based compensation jumped 40% to 23.0% of revenue in the same quarter, and goodwill rose 61%
Cloudflare (NET) recorded revenue of $696.1m in the second quarter of 2026, up 9% from $639.8m. Over the same quarter the operating loss went from $62.0m to $205.7m — the loss more than tripled in a quarter when revenue grew.
Cloudflare makes websites load quickly and shields them from attacks. Revenue grew 9% this quarter while the loss grew more than threefold. What staff were paid in stock rose sharply, and buying another company added new amounts to the books. Cash is still coming in.
63 Filing score · Moderate
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Yes, when costs grow faster. Which costs rose is set out in the subscriber section.
No. Cash from operations was positive and the quarter-end balance rose. The amounts are in the subscriber section.
Goodwill rose sharply. The amount and the increase are tabled in the subscriber section.
The increase against the prior quarter and its share of revenue are in the subscriber section.
On SEC EDGAR, open Cloudflare, Inc.'s 2026 second-quarter 10-Q (accession 0001477333-26-000054) and read the statements of operations and cash flows.
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