Cloudflare Q3 revenue beats estimates on AI platform demand
NET•Cloudflare reported Q3 revenue of $782.51 million, up 39% year over year and above the $738.53 million analyst estimate. Adjusted EPS was $0.38, beating the $0.34 estimate; the company forecast Q4 revenue of $845 million to $846 million.
1. Quarterly results
Cloudflare’s Q3 revenue rose 39% year over year to $782.51 million, beating analyst expectations of $738.53 million. Adjusted EPS was $0.38, compared with an estimate of $0.34. The company reported a net loss of $34.07 million, or $0.10 per share.
2. Outlook and demand
Cloudflare expects Q4 revenue of $845 million to $846 million and non-GAAP net income per share of $0.43. It forecast full-year 2026 revenue of $2.963 billion to $2.964 billion. The company said demand for its AI-powered platform and security services contributed to growth.
