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Cloudflare, Inc. (NET)

Technology · Software - Infrastructure · Large-cap · updated October 16, 2026

NOT A BUY TODAY
What this means. Cloudflare, Inc. is a weaker business by our measures, its shares look expensive compared with other stocks, and its share price has been doing well.
Value31
Quality30
Price trend84
Overall41
2231 of 2764rank among the US stocks we score (our core model buys the top 15)
19%of US stocks we score rank below it

Scores are 0 to 100 against every US stock we track; 50 is average. Recomputed after every US market close.

The business in numbers

Fiscal year to December 2025, from the company's annual filing with the SEC.

Salesyearly sales$2.2B
Sales growthchange from the year before+29.8%
Gross marginshare of sales left after the direct cost of what it sells74.5%
Operating marginshare of sales left after running the business-9.6%
Net marginshare of sales kept as profit-4.7%
Free-cash-flow marginspare cash generated per $100 of sales13.3%
Return on invested capitalprofit made on each $100 put into the business-11.2%
Return on equityprofit vs. shareholders' accounting value-7.0%
Change in share countnegative = the company is buying back its shares+2.1%

Insider trades, last 90 days

2 insiders sold $46.0M (all under pre-arranged plans) on the open market.

Prince MatthewCEO & Board Co-Chair · Director · 10% ownerSold (plan)Aug 552,383 shat $296.10 · $15.5M
Prince MatthewCEO & Board Co-Chair · Director · 10% ownerSold (plan)Aug 452,383 shat $297.84 · $15.6M
Prince MatthewCEO & Board Co-Chair · Director · 10% ownerSold (plan)Aug 352,383 shat $283.42 · $14.8M

From Form 4 filings with the SEC. Open-market trades only. "Plan" = a sale set up in advance under a 10b5-1 plan, usually routine.

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