Cloudflare

At a glance

Cloudflare reported 2025 revenue of $2.17B, up 29.8% from $1.67B in 2024. Over 4 years since 2021 ($656.4M), that is growth of about 34.8% a year. Operating margin was -9.6%, up from -19.5% in 2021. 2025 was the highest revenue year in this period. The company posted a loss in 2021, 2022, 2023, 2024 and 2025.

In the last 12 months 10 insiders reported 0 open-market purchases and 90 sales ($700M). 86 of the sales were made under pre-arranged 10b5-1 plans. The largest was a sale of $35.2M by President and Board Co-Chair Michelle Zatlyn on Oct 7, 2026.

Cloudflare filed 8 current reports (Form 8-K) in the last 12 months, most often for results of operations (4), officer or director change (3), shareholder vote results (2) and material agreement (1). The latest officer or director change was reported on Jul 1, 2026. It reported a material agreement or a completed acquisition or disposal 1 time.

5 of the 20 investors tracked here held Cloudflare at the last quarter end, worth $323.4M combined. It is the largest weight for ARK Investment Management (0.3% of its portfolio), followed by National Pension Service (Korea) (0.2%). New this quarter: Renaissance Technologies. Added: National Pension Service (Korea). Reduced: ARK Investment Management, Soros Fund Management and Bridgewater Associates.

Annual results

Fiscal year ends Dec 31 · incorporated in DE

Tracked investors holding (13F)

Weight is the share of each investor's portfolio, as of the quarter end.