# Cloudflare's revenue grew 9% and its operating loss tripled — $62.0m to $205.7m

![Cloudflare's revenue grew 9% and its operating loss tripled — $62.0m to $205.7m](https://aiswingx.com/static/covers/net-2026q2_cover.jpg?v=1790191523)

**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.

- 종목: NET (Cloudflare, Inc.)
- 분기: 2026Q2 · 10-Q
- 작성: 2026-09-23 19:25 UTC · 업데이트: 2026-09-23 21:12 UTC
- 원문: https://aiswingx.com/p/net-2026q2

## 숫자 하나
2026 Q2 revenue $696.1m (+9%), operating loss $205.7m (3.3 times the prior quarter's $62.0m), share-based compensation $159.9m (23.0% of revenue, +40%), goodwill $376.2m (+61%).

## 비유 하나
(구독자 전용)

## 출처 하나
Cloudflare, Inc. Form 10-Q (2026 second quarter, accession 0001477333-26-000054): consolidated statements of operations, cash flows and balance sheet; share-based compensation note; goodwill note. Quarterly figures cross-checked against SEC XBRL Company Facts.

## 다음 분기에 볼 것
(구독자 전용)

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## What happened

Cloudflare (NET) runs the network that delivers websites quickly and shields them from attack.

In the second quarter of 2026 revenue and loss grew together.

| Line | 2026 Q1 | 2026 Q2 |
|---|---|---|
| Revenue | $639.8m | **$696.1m** (+8.8%) |
| Gross profit | $455.6m | $499.5m (71.8% margin) |
| **Operating income** | **$(62.0)m** | **$(205.7)m** |

In a quarter revenue grew 8.8%, the operating loss became **3.3 times** larger — $143.7m deeper.

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(End of free preview. What the numbers mean, why it matters, company context, the next-quarter checklist and the arithmetic are available to subscribers — https://aiswingx.com/pricing)

## FAQ

**Q. Can a loss grow while revenue grows?**

Yes, when costs grow faster. Which costs rose is set out in the subscriber section.

**Q. Did cash fall too?**

No. Cash from operations was positive and the quarter-end balance rose. The amounts are in the subscriber section.

**Q. Was there an acquisition?**

Goodwill rose sharply. The amount and the increase are tabled in the subscriber section.

**Q. How much did compensation rise?**

The increase against the prior quarter and its share of revenue are in the subscriber section.

**Q. Where can I check this myself?**

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.