OverviewSuggest Edit

Cloudflare is a web performance and security company that provides online services. Its online platforms include Cloudflare CDN, that caches website content; Cloudflare optimizer that enables web pages with ad servers and third-party widgets to download Snappy software on mobiles and computers; CloudFlare security, which protects websites from a range of online threats including spam, SQL injection and DDOS; Cloudflare analytics that gives insight into website’s traffic including threats and search engine crawlers; Keyless SSL that allows organizations to keep secure sockets layer keys private; and Cloudflare applications that help its users install web applications on their websites.
TypePublic
Founded2009
HQSan Francisco, US
Websitecloudflare.com
Employee Ratings3.7
Culture scoreB

Latest Updates

Employees (est.) (Dec 2019)1,270(+19%)
Job Openings121
Revenue (FY, 2019)$287 M(+49%)
Share Price (May 2020)$29.5 (+6%)

Key People/Management at CloudFlare

Lee Holloway

Lee Holloway

Co-Founder & Lead Engineer
Michelle Zatlyn

Michelle Zatlyn

Co-Founder and COO
Matthew Prince

Matthew Prince

Co-Founder and Chief Executive Officer
Nitin Rao

Nitin Rao

Head of Infrastructure
Dane Knecht

Dane Knecht

Head of Product Strategy
Justin Paine

Justin Paine

Head of Trust & Safety
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CloudFlare Office Locations

CloudFlare has offices in San Francisco, Austin, Champaign, New York and in 8 other locations
San Francisco, US (HQ)
101 Townsend St, San Francisco
Austin, US
Littlefield Building, 106 E 6th St #350
Champaign, US
M2 on Neil Street, 301 N Neil St #440
New York, US
33 Irving Pl 7th floor
San Jose, US
10 Almaden Blvd #200
Washington, US
Tower Building, 1401 K St NW
Show all (12)

CloudFlare Financials and Metrics

CloudFlare Revenue

CloudFlare's revenue was reported to be $287.02 m in FY, 2019
USD

Revenue (Q1, 2020)

91.3m

Gross profit (Q1, 2020)

70.4m

Gross profit margin (Q1, 2020), %

77.2%

Net income (Q1, 2020)

(32.7m)

EBIT (Q1, 2020)

(36.1m)

Market capitalization (15-May-2020)

9.0b

Closing stock price (15-May-2020)

29.5

Cash (31-Mar-2020)

109.1m

EV

8.9b
CloudFlare's current market capitalization is $9 b.
Annual
USDFY, 2014EFY, 2015EFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

40.0m100.0m84.8m134.9m192.7m287.0m

Revenue growth, %

150%(15%)59%43%

Cost of goods sold

10.0m24.0m28.8m43.5m63.4m

Gross profit

30.0m60.8m106.1m149.1m223.6m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q4, 2017Q1, 2018Q2, 2018Q3, 2018Q4, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Revenue

25.0m28.8m42.4m38.7m41.8m45.3m50.1m55.5m61.7m67.4m73.9m91.3m

Cost of goods sold

6.3m6.8m7.3m8.4m9.0m10.4m11.2m13.0m14.4m14.8m16.0m20.8m

Gross profit

18.7m22.0m35.2m30.2m32.8m34.9m38.9m42.5m47.4m52.6m57.9m70.4m

Gross profit Margin, %

75%76%83%78%78%77%78%77%77%78%78%77%
Annual
USDFY, 2017FY, 2018FY, 2019

Cash

24.4m25.1m139.0m

Accounts Receivable

11.5m25.2m33.9m

Prepaid Expenses

3.4m9.4m17.0m

Current Assets

92.0m196.7m689.9m
Quarterly
USDQ2, 2019Q3, 2019Q1, 2020

Cash

42.4m501.7m109.1m

Accounts Receivable

29.9m32.2m39.8m

Prepaid Expenses

9.7m16.9m18.2m

Current Assets

166.0m695.7m647.6m
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

(17.3m)(10.7m)(87.2m)(105.8m)

Depreciation and Amortization

8.4m12.2m18.9m29.5m

Accounts Payable

1.2m(957.0k)4.4m(1.3m)

Cash From Operating Activities

(13.3m)3.2m(43.3m)(38.9m)
Quarterly
USDQ2, 2018Q2, 2019Q3, 2019Q1, 2020

Net Income

(32.5m)(36.8m)(77.7m)(32.7m)

Depreciation and Amortization

8.3m13.2m20.9m10.6m

Accounts Payable

7.2m4.9m(994.0k)1.5m

Cash From Operating Activities

(17.1m)(12.6m)(30.3m)(14.3m)
USDY, 2020

EV/EBIT

-246.6 x

EV/CFO

-623.2 x

Financial Leverage

1.2 x
Show all financial metrics

CloudFlare Operating Metrics

CloudFlare's Customers was reported to be 7 m in Jan, 2018.
Mar, 2016FY, 2016Jun, 2017FY, 2017Jan, 2018Q2, 2018FY, 2018Q2, 2019Q3, 2019

Customers

6 m7 m

Data Centers

115 120

Countries

60 90 90

$100k+ Enterprise Customers

95 184 240 313 408 475
Show all operating metrics

CloudFlare Acquisitions / Subsidiaries

Company NameDateDeal Size
S2 SystemsJanuary 07, 2020
NeumobNovember 14, 2017
EagerDecember 13, 2016
CryptoSealJune 18, 2014
StopTheHackerFebruary 24, 2014
Jaal

CloudFlare Revenue Breakdown

Embed Graph

CloudFlare revenue breakdown by business segment: 93.1% from Direct customers and 6.9% from Channel partners

CloudFlare revenue breakdown by geographic segment: 6.5% from China, 13.7% from Asia Pacific, 25.1% from Europe, Middle East, and Africa, 48.1% from United States and 6.6% from Other

CloudFlare Online and Social Media Presence

Embed Graph

CloudFlare Company Culture

  • Overall Culture

    B

    75/100

  • CEO Rating

    B+

    76/100

  • Compensation

    C

    67/100

  • Diversity

    A-

    84/100

Learn more on Comparably

CloudFlare News and Updates

Cloud Security Company Cloudflare Makes ‘Maverick’ Big Bet On China

Cloudflare is partnering with Chinese e-commerce giant JD.com to operate 150 data centers in China.

Cloudflare CEO pledges to double 2020 internship class

Internet security company Cloudflare has pledged to double its Summer 2020 internship class, and make the entire program remote if necessary, in response to cancellations of internships programs across the country due to COVID-19. Yelp, Funding Circle, StubHub and other companies have terminated the…

101domain Becomes a Cloudflare Partner to Help Brand Owners Improve Website Security and Performance

VISTA, Calif., Feb. 14, 2020 /PRNewswire/ -- 101domain, the leader in international domain registration, today announced a partnership with Cloudflare (NYSE: NET), a security, performance, and reliability company based out of San Francisco, CA. With this partnership, 101domain extends the...

Cloudflare shares jump 5% as revenue beats expectations

Cloudflare Inc. shares were up 5% in after-hours trading Thursday after the web-infrastructure and website-security company reported fourth-quarter earnings above Wall Street expectations. Cloudflare reported a loss of $28.2 million, or 10 cents a share, in the quarter, compared with a loss of $16.…
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CloudFlare Blogs

Project Crossbow: Lessons from Refactoring a Large-Scale Internal Tool

Crossbow is a tool that is now allowing Cloudflare’s Technical Support Engineers to perform diagnostic activities from running commands (like traceroutes, cURL requests and DNS queries) to debugging product features and performance features using bespoke tools.

Conntrack tales - one thousand and one flows

We were wondering - can we just enable Linux "conntrack"? How does it actually work? I volunteered to help the team understand the dark corners of the Linux's "conntrack" stateful firewall subsystem.

The Serverlist: Built with Workers, Single-Tenant Architecture, and more!

Check out our fourteenth edition of The Serverlist below. Get the latest scoop on the serverless space, get your hands dirty with new developer tutorials, engage in conversations with other serverless developers, and find upcoming meetups and conferences to attend.

Trailblazing a Development Environment for Workers

When I arrived at Cloudflare for an internship in the summer of 2018, I was taken on a tour, introduced to my mentor who took me out for coffee (shoutout to Preston), and given a quick whiteboard overview of how Cloudflare works.

Cloudflare Doubling Size of 2020 Summer Intern Class

Today we are announcing that we will double the size of Cloudflare’s summer 2020 internship class.

The Mistake that Caused 1.1.1.3 to Block LGBTQIA+ Sites Today

Today we made a mistake. The mistake caused a number of LGBTQIA+ sites to inadvertently be blocked by the new 1.1.1.1 for Families service. I wanted to walk through what happened, why, and what we've done to fix it.
Show more

CloudFlare Frequently Asked Questions

  • When was CloudFlare founded?

    CloudFlare was founded in 2009.

  • Who are CloudFlare key executives?

    CloudFlare's key executives are Lee Holloway, Michelle Zatlyn and Matthew Prince.

  • How many employees does CloudFlare have?

    CloudFlare has 1,270 employees.

  • What is CloudFlare revenue?

    Latest CloudFlare annual revenue is $287 m.

  • What is CloudFlare revenue per employee?

    Latest CloudFlare revenue per employee is $226 k.

  • Who are CloudFlare competitors?

    Competitors of CloudFlare include NGINX, Limelight Networks and N7 - The Nitrogen Platform.

  • Where is CloudFlare headquarters?

    CloudFlare headquarters is located at 101 Townsend St, San Francisco, San Francisco.

  • Where are CloudFlare offices?

    CloudFlare has offices in San Francisco, Austin, Champaign, New York and in 8 other locations.

  • How many offices does CloudFlare have?

    CloudFlare has 12 offices.