Cloudflare reported strong financial performance with significant revenue growth and large deal wins, particularly in the enterprise sector. However, some challenges were noted, such as flat net retention and a decrease in gross margin. Overall, the highlights significantly outweigh the lowlights, indicating a positive outlook.
Company Guidance
During Cloudflare's Q1 2025 earnings call, the company reported a strong start to the fiscal year with a revenue of $479.1 million, representing a 27% increase year-over-year. They ended the quarter with 3,527 customers paying over $100,000 annually, marking a 23% growth from the previous year. Large customers contributed 69% to the revenue, up from 67% in the same period last year. The company achieved an operating profit of $56 million, with an operating margin of 11.7%, and generated a free cash flow of $52.9 million. Cloudflare's dollar-based net retention was 111%, and their gross margin stood at 77.1%, surpassing their long-term target. Additionally, Cloudflare closed its largest contract in history, exceeding $100 million, driven by its workers developer platform. The company anticipates Q2 2025 revenue between $500 million and $501 million and full-year 2025 revenue between $2,090 million and $2,094 million, projecting a 25% growth year-over-year.
Strong Revenue Growth
Cloudflare achieved revenue of $479.1 million, up 27% year-over-year.
Increase in Large Customers
The company closed the quarter with 3,527 customers paying more than $100,000, a 23% increase year-over-year.
Record Deal Size
Cloudflare landed the largest contract in its history, a deal of more than $100 million driven by the Workers developer platform.
High Sales Productivity
Another double-digit year-over-year improvement in sales productivity was achieved.
Robust Free Cash Flow
The company generated strong free cash flow of $52.9 million during the quarter.
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Cloudflare (GB:0A3Z) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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GB:0A3Z Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
May 08, 2025
$124.94
―
―
Feb 06, 2025
$141.62
$168.87
+19.24%
Nov 07, 2024
$96.61
$90.37
-6.45%
Aug 01, 2024
$74.87
$79.19
+5.78%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Cloudflare (GB:0A3Z) report earnings?
Cloudflare (GB:0A3Z) is schdueled to report earning on Jul 31, 2025, TBA Not Confirmed.
What is Cloudflare (GB:0A3Z) earnings time?
Cloudflare (GB:0A3Z) earnings time is at Jul 31, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
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