From SiliconANGLE · Duncan Riley · · 1m
Cloudflare Shares Surge as Revenue Growth Accelerates
Cloudflare shares jumped 14% after reporting 39% revenue growth and raising full-year outlook.
In brief
Cloudflare shares jumped 14% after reporting 39% revenue growth and raising full-year outlook. Cloudflare's shares surged 14% as revenue grew 39% year-over-year and full-year outlook improved. Originally reported by SiliconANGLE.
Cloudflare Shares Surge
Cloudflare shares jumped more than 14% in late trading after smashing third-quarter expectations.
Revenue Growth Accelerates
Revenue grew 39% year-over-year to $782.5 million, hitting fastest pace in nearly four years.
Full-Year Outlook Rises
Cloudflare now expects 2026 revenue of $2.963 billion to $2.964 billion, $97 million above August midpoint.
Operating Margin Improves
Adjusted operating margin rose to 17.5% from 15.3%, after shrinking in two prior quarters.
Product Updates
Adaptive Intelligence added to Bot Management in August, with AI agents gaining tools through Cloudflare Wallets.
Leadership Change
Christian Smith named president of revenue, replacing Mark Anderson who will retire at year-end.
CEO Statement
Co-founder Matthew Prince called it 'Cloudflare’s best quarter ever' and 'found an even higher gear for growth'.
What to remember
Cloudflare's shares surged 14% as revenue grew 39% year-over-year and full-year outlook improved.
