Cloudflare Crosses $3 Billion Annualized Revenue Mark

Cloudflare's quarterly revenue reached $782.5 million, pushing its annualized run rate past $3 billion for the first time. Non-GAAP profit per share rose to $0.38 from $0.27 a year ago, and Cloudflare ($NET) raised its full-year 2026 revenue guidance. The stock jumped after the report, with analysts calling it the company's biggest earnings beat in years.