Business / Companies
Cloudflare revenue grows 39%, but quarterly net loss widens
The company reported $782.5 million in revenue and a $34.1 million net loss.
Status: source-checked.
Cloudflare reported third-quarter revenue of $782.5 million on Thursday, up 39% from a year earlier, while its net loss widened to $34.1 million from $1.3 million.
The company’s operating loss under generally accepted accounting principles widened to $67.9 million from $37.5 million. On its adjusted, non-GAAP basis, operating income increased to $137.1 million from $85.9 million.
The measures are not interchangeable: Cloudflare’s release provides reconciliations explaining its adjustments. Operating cash flow rose to $215.4 million from $167.1 million.
Cloudflare forecast fourth-quarter revenue of $845 million to $846 million. That guidance is a company projection, not a reported result.
What we know / what we don't
What we know
- Cloudflare reported third-quarter revenue of $782.5 million on Thursday, up 39% from a year earlier, while its net loss widened to $34.1 million from $1.3 million.
What we don't know
- Advance estimates may be revised; projections and future outcomes are not independently established.
The source record