Cloudflare, Inc. (NET) company profile
Close on Nov 12, 2026Market cap $113.41BP/E –Yield –
About Cloudflare
Services-Prepackaged Software, SIC 7372
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.
Cloudflare deploys a distributed network running across more than 330 cities in over 125 countries, interconnecting with over 13,000 external networks worldwide. As of late 2025, it supported approximately 332,000 paying customers across more than 190 countries and maintained a global workforce of 5,156 full-time employees, including 2,452 personnel based outside the United States. The provided text does not state the location of the company's headquarters.
Summary of the business section of Cloudflare's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Cloudflare, Inc.
- Founded
- 2009
- Headquarters
- San Francisco, CA
- Address
- 101 Townsend St. 94107
- Phone
- (888) 993-5273
- Website
- cloudflare.com
- Employees
- 5,156, Dec 31, 2025
- Industry
- Services-Prepackaged Software
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- KPMG LLP, Santa Clara, California
Stock & identifiers
- Ticker
- NET
- Exchange
- NYSE
- IPO date
- Sep 13, 2019
- Shares outstanding
- 356M, Jul 21, 2026
- Public float
- $35.70B, Jun 30, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 1477333
- CUSIP
- 18915M107
- ISIN
- US18915M1071
- FIGI
- BBG001WMKHH5
- Share class FIGI
- BBG001WMKHJ3
- LEI
- 5493007DY18BGNLDWU14
- EIN
- 27-0805829
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Michelle Zatlyn | President and Board Co-Chair, Director | 1,128,787 |
| Matthew Prince | CEO & Board Co-Chair, Director | 4,561,994 |
| Thomas J. Seifert | Chief Financial Officer | 252,320 |
| Alissa Michelle Starzak | Chief Legal Officer | 112,082 |
| Janel Riley | Chief Accounting Officer | 42,647 |
| Douglas James Kramer | Chief Legal Officer | 118,824 |
| Carl Ledbetter | Director | 888,514 |
| John Graham-Cumming | Director | 497,251 |
| Mark J. Hawkins | Director | 10,632 |
| Karim Lakhani | Director | 7,548 |
| Stacey Cunningham | Director | 4,215 |
| Katrin Suder | Director | 45,772 |
| Scott D. Sandell | Director | 48,378 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 | $60.55M | $97.69M | $25.48M | $259 | $258 |
| FY2024 | $2.08M | $6.58M | $5.98M | $142 | $208 |
| FY2023 | $20.52M | $36.81M | $15.43M | $110 | $152 |
| FY2022 | $599.73K | -$123.80M | $20.20M | $59 | $97 |
| FY2021 | $400.00K | $133.65M | $2.80M | $173 | $135 |
| FY2020 | $434.72K | $183.06M | $539.15K | $445 | $144 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Executive compensation, fiscal 2025
Summary compensation table from the latest proxy statement
| Executive | Salary | Stock awards | Other | Total | vs. prior year |
|---|---|---|---|---|---|
| Matthew Prince Chief Executive Officer | $537.50K | $58.25M | $1.76M | $60.55M | +2810% |
| Michelle Zatlyn President | $537.50K | $58.25M | $1.26M | $60.05M | +4314% |
| Thomas Seifert Chief Financial Officer | $750.00K | $9.99M | – | $10.74M | -1% |
| Douglas Kramer Former Chief Legal Officer and Secretary | $650.00K | $5.00M | – | $5.65M | -1% |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
IPO
From the final prospectus (Form 424B4) and the first day of trading
Offering
- Type
- Initial public offering
- Final prospectus filed
- Sep 13, 2019
- Offer price
- $15.00
- Securities offered
- 35,000,000
- Gross proceeds
- $525.00M
- Exchange
- NYSE
- First trading day
- Sep 13, 2019
- First-day close
- $18.00+20.0%
- Lock-up ends (est.)
- Mar 11, 2020
“The initial public offering price is $15.00 per share.”
Lock-up end is estimated as 180 days after the first trading day; the prospectus sets the actual terms.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had 5,156 full-time employees, including 2,452 employees located outside of the United States.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Sep 13, 2019 | IPO | Initial public offering priced (424B4 prospectus) |
| Sep 10, 2019 | Listing | Registration of securities on an exchange (Form 8-A) |
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