Cloudflare (NET) will report its first-quarter 2026 financial results on May 7, 2026. The company anticipates revenues between $620 million and $621 million, while the Zacks Consensus Estimate stands at $621.9 million, reflecting a year-over-year growth of 29.8%. Non-GAAP earnings are expected to be 23 cents per share, with the same consensus indicating a 43.8% increase compared to the previous year.
As of the fourth quarter of 2025, Cloudflare had 4,298 large customers generating at least $100,000 in annual revenue, contributing to approximately 69% of total revenues. Despite the positive growth drivers, the company faces challenges in closing large deals due to geopolitical and macroeconomic factors, potentially affecting revenue recognition in the upcoming quarter.
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