CLOUDFLARE INC - CLASS A (NET) Earnings History & Surprises

NYSE:NET • US18915M1071

195.19 USD
+2.88 (+1.5%)
At close: Mar 6, 2026
194.8 USD
-0.39 (-0.2%)
After Hours: 3/6/2026, 8:04:00 PM

Past quarterly earnings results for CLOUDFLARE INC - CLASS A (NET), including EPS and revenue actuals, analyst estimates, and surprise percentages. This page focuses on historical performance (not forecasts).

Earnings Snapshot

Next Earnings Date

Upcoming
Release DateMay 6, 2026
PeriodQ1 / 2026
EPS Estimate$0.23
Revenue Estimate628.23M

Last Reported

Most Recent
Release DateFeb 10, 2026
PeriodQ4 / 2025
EPS Reported$0.28
EPS Surprise 2.40%
Revenue Surprise 2.90%

Beat Rate

Last 8 Quarters
94%
EPS and Revenuebeats vs estimates

Quarterly Earnings Results

EPS & Revenue History (USD)

Actual vs estimated values, surprises, q2q growth and acceleration numbers for recent quarters.

QuarterEPSEPS EstEPS SurpriseEPS Q2QRevenueRevenue EstRevenue SurpriseRevenue Q2Q
Q4 2025 0.28 0.27 2.40% 47.37% 614.507M 597.19M 2.90% 33.60%
Q3 2025 0.27 0.24 14.22% 35.00% 562.027M 550.27M 2.14% 30.68%
Q2 2025 0.21 0.19 13.32% 5.00% 512.316M 506.34M 1.18% 27.76%
Q1 2025 0.16 0.17 -4.26% - 479.087M 473.97M 1.08% 26.54%
Q4 2024 0.19 0.18 4.03% 26.67% 459.946M 456.62M 0.73% 26.89%
Q3 2024 0.20 0.18 8.71% 25.00% 430.082M 428.36M 0.40% 28.15%
Q2 2024 0.20 0.15 37.83% 100.00% 400.996M 398.64M 0.59% 29.99%
Q1 2024 0.16 0.13 21.23% 100.00% 378.602M 376.83M 0.47% 30.47%
Q4 2023 0.15 0.12 25.01% 150.00% 362.473M 356.64M 1.64% 31.95%
Q3 2023 0.16 0.10 60.70% 166.67% 335.603M 333.84M 0.53% 32.20%
Q2 2023 0.10 0.07 34.31% 9,900.00% 308.494M 308.61M -0.04% 31.54%
Q1 2023 0.08 0.03 131.06% 700.00% 290.175M 293.71M -1.20% 36.77%
Q4 2022 0.06 0.05 30.68% - 274.7M 276.76M -0.74% 41.89%
Q3 2022 0.06 0.00 3,544.54% - 253.857M 253.12M 0.29% 47.29%
Q2 2022 0.00 -0.01 119.61% 105.00% 234.517M 229.6M 2.14% 53.85%
Q1 2022 0.01 0.00 698.47% 133.33% 212.167M 207.71M 2.15% 53.68%
Q4 2021 0.00 0.00 100.00% 100.00% 193.596M 186.75M 3.67% 53.74%
Q3 2021 0.00 -0.04 100.00% 100.00% 172.347M 167.3M 3.02% 50.97%
Q2 2021 -0.02 -0.04 44.13% 33.33% 152.428M 147.52M 3.33% 52.85%
Q1 2021 -0.03 -0.03 -1.72% 25.00% 138.055M 132.33M 4.33% 51.29%
Q4 2020 -0.02 -0.03 42.50% - 125.926M 119.56M 5.32% -
Q3 2020 -0.02 -0.05 61.83% - 114.162M 103.87M 9.91% -
Q2 2020 -0.03 -0.06 49.94% - 99.721M 95.078M 4.88% -
Q1 2020 -0.04 -0.06 34.08% - 91.25M 87.836M 3.89% -

Notes

  • EPS and Revenue values are non-GAAP when available, otherwise GAAP.
  • Surprise % is (Actual - Estimate) / |Estimate|. Green indicates positive surprise, red negative.
  • Q2Q % is quarter-over-quarter growth. Green indicates growth, red indicates decline.
  • Green right border indicates acceleration for sales or earnings growth. Acceleration is the case when the current Q2Q is above the previous Q2Q.

Earnings Q2Q Performance Trends

EPS Historical Q2Q growth and Acceleration

NET EPS Q2Q GrowthNET EPS Q2Q GrowthEPS Q2Q Growth Q1/21 Q3/21 Q1/22 Q1/23 Q3/23 Q1/24 Q3/24 Q1/25 Q3/25 Q1/26 Q3/26 Q1/27 Q3/27 2K 4K 6K 8K

Revenue Historical Q2Q growth and Acceleration

NET Revenue Q2Q GrowthNET Revenue Q2Q GrowthRevenue Q2Q Growth Q1/21 Q3/21 Q1/22 Q3/22 Q1/23 Q3/23 Q1/24 Q3/24 Q1/25 Q3/25 Q1/26 Q3/26 Q1/27 Q3/27 10 20 30 40 50

Surprise distribution (Last 4 Quarters)

EPS beat statistics

EPS beat (4)
3
Average EPS beat (4)
6.42%
Max EPS beat (4)
14.22%
Min EPS beat (4)
-4.26%

Revenue beat statistics

Revenue beat (4)
4
Average Revenue beat (4)
1.82%
Max Revenue beat (4)
2.90%
Min Revenue beat (4)
1.08%

Analysis

In the last 4 quarters, NET has beaten EPS estimates in 3 out of 4 releases
NET has consistently beaten revenue estimates in all past 4 earnings releases
In the last 4 quarters, NET has beaten the EPS estimates by 6.4% on average.
In the last 4 quarters, NET has beaten the revenue estimates by 1.8% on average.
→ Find peers who consistently beat earnings by at least 10% in the last 4 quarters

CLOUDFLARE INC - CLASS A / NET Earnings FAQ

When did CLOUDFLARE INC - CLASS A (NET) report earnings last quarter?

CLOUDFLARE INC - CLASS A (NET) last reported earnings on 2/10/2026.


Did CLOUDFLARE INC - CLASS A (NET) beat earnings estimates last quarter?

CLOUDFLARE INC - CLASS A (NET) beat EPS estimates and beat revenue estimates in the most recent quarter.


How often does CLOUDFLARE INC - CLASS A (NET) beat earnings estimates?

In the last 4 quarters, CLOUDFLARE INC - CLASS A (NET) has beaten EPS estimates in 3 out of 4 releases.