The cybersecurity firm reported Q2 revenue of $696.1 million and outlined a 2026 revenue target amid strong customer growth.
Cloudflare projected 2026 revenue between $2.864 billion and $2.870 billion, alongside a Q3 earnings per share forecast of $0.34. The company reported Q2 revenue of $696.1 million, a 36% year-over-year increase, driven by demand for its security and performance services.
Operating profit reached $96.1 million, reflecting a non-GAAP operating margin of 13.8%. The firm highlighted scale, noting 4,698 customers spending over $100,000 annually, up from prior periods.
Management attributed growth to enterprise adoption and expansion of its cloud-based platform, though no immediate market reaction was disclosed.