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Company Analysis

Cloudflare, Inc. NET

A comprehensive view of key metrics, scores, and financial health for Cloudflare, Inc.

Overview of Cloudflare, Inc.

NET NYQ
Technology Software - Infrastructure Framework: Software & SaaS Large Cap
Cloudflare, Inc. (NET), is a Large Cap company, in the Software - Infrastructure industry, last closed at $265.17, about 90.9% overvalued vs fair value, +17.4% 1Y return, ranked 242/780 in sector.
Metrics Rev Growth 29.8% ROE -8.2% Gross Margin 74.5%
USD 265.17
-5.53%
(Delayed)
• Vol 90d: 59.9%
52-Week Range
Market Cap
$94.42B
Enterprise Value
$96.03B
Overall Score
View breakdown
Overall
Growth
Fair
Profitability
Fair
Health
Fair
Efficiency
Good
Valuation
Fair
Growth
Fair
Profitability
Fair
Health
Fair
Efficiency
Good
Valuation
Fair
Completeness: 88%
Confidence: 91%
Updated: Oct 31
Top Beats

Quick Facts

Website https://www.cloudflare.com
HQ San Francisco, CA
Fiscal year Dec 31

Next Events

Earnings Nov 5 Call: Nov 5

Fair Value Snapshot

Bear Base Bull
$22
$24
$27
Current: $265.17 -91% vs base

Engine Room Money Flow™

Large Cap

Software & SaaS - Where revenue goes and how value is created

Flow Steps
Total Revenue
$2.2B
29.8%%
Gross Profit
$1.6B
25.1%%
Operating Income (GAAP)
-$207.2M
-33.9%%
Operating Cash Flow
$603.1M
58.5%%
Money Flow Bridge
Flow Direction: Money moves from left to right
Components: Breakdown shows composition of each stage
Industry-Specific: Software & SaaS

Quality & Reliability Indicators

Gross Margin
74.5%
Excellent

Gross Profit / Revenue — pricing power and product moat (SaaS benchmark: >70%)

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Where It Leaks

Cash Flow Health critical
Significant cash flow inefficiencies identified. Multiple high-impact leaks require attention.
7
Active Leaks
4/7
Improving
2
High Impact
3
Critical
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Moat Analysis Software & SaaS Specialized

Competitive Advantage Assessment

Evaluating Cloudflare, Inc.'s durable competitive advantages across 6 defense dimensions

Overall Moat Strength
61
/100
Moderate
Scores based on quantitative metrics and qualitative factors
Full moat analysis

Key strengths

  • Consistent Subscription Growth Revenue consistency is strong (score 0.66), pointing to a sticky customer base.
  • Deferred Revenue Momentum Contracted demand signals are healthy (score 0.82), consistent with recurring revenue strength.

Key risks

  • Debt Burden Limits Flexibility Debt capacity is weak (score 0.35), reducing financial flexibility.
  • Returns Trail Peers Return profile is weak (score 0.36), pointing to limited capital efficiency.

The dashed ring is the peer median. Defense scores are percentile ranks against peers, so 50 is roughly the typical company in this group.

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Pricing Power

Moderate
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Signals, strengths and risks for Pricing Power

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Signals, strengths and risks for Recurring Revenue Stickiness

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Signals, strengths and risks for Innovation Engine

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Signals, strengths and risks for Cash Scalability

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Signals, strengths and risks for Capital Efficiency

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Signals, strengths and risks for Balance Sheet Resilience

Trade-Off Ledger™

Where management spends the performance budget - Growth, Profitability, or Safety

Software SaaS vs Industry Peers 96% Coverage
Trade-Off Triangle Visualization A ternary plot showing NET's balance between Growth (43.0%), Profitability (38.0%), and Safety (19.0%). Growth 43% Safety 19% Profitability 38%

Click axes to expand details. Marker shows current allocation.

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Growth

74th percentile vs peers
74
Key Signals
Rev Growth YoY 29.8% 82p Revenue CAGR 3Y 30.5% 84p Def Rev Growth 45.1% 86p Buyback % 2.0% 47p EPS Growth YoY -27.2% 27p
Strengths
  • Rev Growth YoY in top 20% of peers (29.8%, 82th percentile)
  • Revenue CAGR 3Y in top 20% of peers (30.5%, 84th percentile)
  • Def Rev Growth in top 20% of peers (45.1%, 86th percentile)
  • Growth above peer median with strong metric coverage (88%)
Risks

No significant risks identified for this axis.

Profitability

65th percentile vs peers
66
Key Signals
Strengths
Risks
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Safety

32th percentile vs peers
33
Key Signals
Strengths
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Two Futures

Scenario-based fair value ranges for Cloudflare, Inc..

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Unable to Compute Fair Value

This company cannot be valued using standard models.

What this means: The Scenario Theatre requires financial data (revenue, cash flow, shares outstanding) to calculate fair value estimates. This data may be unavailable for:

  • Recently listed companies (IPOs, SPACs)
  • Shell companies or holding companies
  • Companies that haven't filed recent financials
  • Foreign companies with limited data coverage
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Bear
-
- - -
- upside
-
Base
$24.13
- - -
-90.9% vs current
Snapshot base estimate
Bull
-
- - -
- upside
-
Fair Value Range Current: $-
$- $- $-
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