Cloudflare, Inc. (NET) Earnings Call Transcripts

Cloudflare, Inc.'s Latest Earnings Call - June 9, 2026

In the Q2 2026 earnings call for Cloudflare, Inc. (NET:US), management highlighted a significant acceleration in revenue growth driven by AI adoption and increased demand for their developer platform. The company reported revenue of $1.5 billion for the quarter, exceeding expectations and reflecting a 45% year-over-year increase. Management raised their full-year revenue guidance to $6.5 billion, up from $6.0 billion, signaling strong momentum in their business model and market position.

Reported metrics

Guidance from management

Management raised their full-year revenue guidance to $6.5 billion, citing strong demand for their developer platform and increased traffic from AI agents. They expect continued growth in both revenue and operating margins moving forward.

What management said

Exactly [indiscernible], but I appreciate you all came with that though. And so this year, as far as last year, there was a good fill in [ Evelfield ]. This year, I have a prop, so I brought receipts. This is actually the founders letter from 2019. Wow. And so that was the -- it was a very first founder letter that you and Michelle wrote. And I thought it was actually good to actually go back to that and start at a s...

That's great. Now let's go back to the founder's letter here. One of the things we wrote is we never wanted to anything to discourage any potential customer from routing any amount of traffic, large or small to our network. So there is a question I get a lot, so I'm going to ask you about this too. Why is the free tier valuable to Cloudflare? And has this answer changed over the years? Because with the rise of AI and...

What analysts pressed on

Analysts expressed concerns about the sustainability of growth rates and potential pressures on gross margins due to the mix of products. There were questions regarding how Cloudflare plans to maintain profitability amidst rising operational costs and increased competition in the AI space.

Main topics on the call

• Revenue Growth Acceleration — Cloudflare reported Q2 2026 revenue of $1.5 billion, exceeding analyst expectations. Management noted, "We are on pace to surpass the $5 billion annualized revenue target before 2028," indicating robust growth driven by ...
• AI-Driven Demand — Management emphasized that AI is transforming customer interactions and driving demand for their Zero Trust security platform. Matthew Prince stated, "The conversation today starts with...I need to be able to do this, bu...
• Developer Platform Growth — The developer platform saw a remarkable 137% year-over-year growth in ARR. Rita Kozlov noted, "Cloudflare was going to become the go-to platform for developers to build and deploy these AI applications," underscoring the...
• Guidance Increase — Management raised their full-year revenue guidance from $6.0 billion to $6.5 billion, reflecting confidence in continued growth. This was described as a result of "strong momentum in our business model and market positio...

Read the full Cloudflare, Inc. transcript (June 9, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 65 Cloudflare, Inc. earnings call transcripts on record, spanning February 13, 2020 to August 6, 2026. Based on this history, Cloudflare, Inc. reports quarterly. The most recent call on file is dated August 6, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

NET

Exchange

NYSE

Country

US

Sector

Information Technology

Industry

IT Services

Calls on record

65

First call

February 13, 2020

Most recent

August 6, 2026

Reporting cadence

quarterly