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Cloudflare Inc (NYSE:NET) reported financial results for the first quarter Thursday after the bell. Here’s a look at the key details from the print.
- Cloudflare stock is feeling bearish pressure. Why is NET stock falling?
Cloudflare Tops Q1 Estimates
- Q1 Revenue: $639.76 million, versus estimates of $621.87 million
- Q1 Adjusted EPS: 25 cents, versus estimates of 23 cents
Total revenue was up 34% on a year-over-year basis. Net cash flow from operations was $158.30 million, and free cash flow came in at $84.10 million in the quarter.
Cloudflare ended the period with approximately $4.16 billion in cash, cash equivalents and available-for-sale securities.
“We had a very strong start to 2026. AI is driving a fundamental re-platforming of the …
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