Cloudflare, Inc. (NET) stock
Close on Nov 11, 2026Market cap $112.17BP/E –Yield –
Cloudflare, Inc. grew revenue 35.7% to $2.73B over the twelve months to Sep 30, 2026. Free cash flow was $359.48M, up 52.0% from a year earlier. At the latest close the market valued the company at $112.17B.
Key statistics
Valuation at the latest close; fundamentals over the trailing twelve months, balances at Sep 30, 2026
Valuation
- Market cap
- $112.17B
- P/E ratio
- –
- Price to sales
- 41.04
- Price to book
- 76.57
- Dividend yield
- –
- Free cash flow yield
- 0.32%
Fundamentals
- Revenue
- $2.73B
- Net income
- -$239.05M
- EPS, diluted
- -$0.68
- Free cash flow
- $359.48M
- Book value per share
- $4.10
- Diluted shares
- 357M
Trading
- Next earnings
- Feb 9, 2027 (estimated, after the close)
- Previous close
- $305.80
- Open
- $316.14
- Day's range
- $311.12 – $324.10
- Volume
- 4,691,343
- Average volume (20 days)
- 4,358,134
- Index membership
- Russell 1000 (since Jun 2020), Russell 3000 (since Aug 2020)
- Beta (5 years)
- 2.31
- 52-week range
- $158.83 – $370.35
- RSI (14 days)
- 53.5
- Volatility (1 year)
- 66.9%
- Relative volume
- 1.33×
- WACC
- 16.4%
Index membership is inferred from the holdings of funds that track each index (IWB, IWV), as reported to the SEC for Jun 30, 2026. Join dates come from quarterly fund reports since 2019, so they are accurate to the quarter.
Market cap history
Month-end market cap since 2019, using shares outstanding reported at the time
Total return vs. the S&P 500
Price change plus reinvested dividends, to the close on Nov 11, 2026. The S&P 500 is measured by the SPY fund.
| Period | NET | S&P 500 | Difference | NET per year | S&P 500 per year |
|---|---|---|---|---|---|
| 1 month | -12.7% | -2.4% | −10.3 pts | ||
| 3 months | +2.6% | -1.2% | +3.8 pts | ||
| Year to date | +59.8% | +12.3% | +47.5 pts | ||
| 1 year | +34.1% | +12.4% | +21.6 pts | ||
| 3 years | +399.4% | +78.8% | +320.6 pts | +70.9% | +21.4% |
| 5 years | +60.5% | +75.2% | −14.7 pts | +9.9% | +11.9% |
Ten years at a glance
Fiscal years 2016 to 2025 and trailing twelve months, USD
Revenue
Gross profit
Operating income
Net income
EPS, diluted
Free cash flow
Press releases
Releases Cloudflare filed with the SEC as exhibits to Form 8-K or 6-K
- Results
- Results
- News
- News
- Results
- Results
About Cloudflare
Services-Prepackaged Software
Cloudflare operates a global connectivity cloud platform designed to make digital properties more secure, reliable, and performant. Its product portfolio spans application services for threat protection and traffic delivery, a secure access service edge platform providing Zero Trust workplace connectivity, developer tools for building serverless and artificial intelligence applications, and consumer privacy utilities. The company serves individual developers, small and medium businesses, large global corporations, non-profit organizations, and government agencies across diverse economic sectors.
Company profile, executives and historyCloudflare stock: common questions
What is Cloudflare's stock price?
NET closed at $315.00 on Nov 11, 2026, up 3.01% on the day. Over the past 52 weeks it traded between $158.83 and $370.35.
What is Cloudflare's market cap?
Cloudflare was worth $112.17B at the close on Nov 11, 2026: the share price times the diluted shares outstanding.
What is NET's P/E ratio?
Cloudflare lost money over the twelve months to Sep 30, 2026 (diluted EPS -$0.68), so it has no meaningful P/E ratio.
How much revenue does Cloudflare make?
Cloudflare reported revenue of $2.73B for the twelve months to Sep 30, 2026, up 35.7% from a year earlier.
Does Cloudflare pay a dividend?
No. Cloudflare has not paid a cash dividend over the last twelve months.
When does Cloudflare report earnings next?
Cloudflare is expected to report Q4 FY2026 results on Feb 9, 2027, after the close. The date is estimated from its past reporting pattern until the company confirms it.
How has NET stock performed over the past year?
Including dividends, NET returned +34.1% over the past year, against +12.4% for the S&P 500.
How many NET shares are sold short?
8M shares were sold short at the latest FINRA report, 2.43% of the float, or 2.3 days of average trading volume.
Who are Cloudflare's competitors?
Companies most similar to Cloudflare by business, industry and size include OKTA, DDOG, DBX, DT, CRWD.
See a number that looks wrong?