Cloudflare, Inc. (NET)

The company now

Cloudflare reported second-quarter 2026 revenue of $696.1 million on 6 August, up 36 percent from a year earlier 1. It had a GAAP net loss of $170.0 million against $50.4 million a year before, while its non-GAAP income from operations was $96.1 million 1.

The quarter also carried the cost of a plan announced on 7 May to cut about 20 percent of the workforce and move to what the company calls an agentic AI-first operating model 5. The company estimates the plan's charges at up to $165 million and expects to finish it by 30 September 2026 2.

The larger open question is in court, where on 16 October 2026 a Delaware Chancery judge temporarily blocked the company's plan to replace its dual-class stock with a three-class structure, Bloomberg Law reported 78.

The company said in its August quarterly report that it had expected to carry out the changes as early as September 2026, and that it believes the stockholder claims against them are without merit 2.

As of Nov 4, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.

Newer filings are on file since this was written; an update is queued.