CloudFlare

OverviewSuggest Edit

CloudFlare is a company operating a cloud platform that delivers network services to businesses. It provides an integrated cloud-based security solution to secure a range of platforms, including public cloud, private cloud, on-premise, software-as-a-service applications, and Internet of Things (IoT) devices. Its security products comprise Cloud Firewall, Bot Management, Distributed Denial of Service, Infrastructure Protection, IoT, SSL/TLS, Secure Origin Connection, and Rate Limiting. CloudFlare also offers performance solutions, which include content delivery, intelligent routing, and a mobile software development kit, as well as content, mobile, and image optimization. In addition, it provides reliability solutions comprising load balancing, anycast network, virtual backbone, and DNS Resolver. Additionally, the company offers Consumer DNS Resolver, a consumer application to browse the Internet; and Consumer virtual private network (VPN), a VPN for consumers designed to secure and accelerate traffic on mobile devices.
TypePublic
Founded2009
HQSan Francisco, CA, US
Websitecloudflare.com
Employee Ratings4
Overall CultureB+

Latest Updates

Employees (est.) (Dec 2021)2,440(+9%)
Job Openings448
Revenue (FY, 2021)$656.4 M(+53%)
Share Price (Aug 2022)$51.2(+2%)
Cybersecurity ratingCMore
Discover new suppliers and conduct deeper comparison analysis with Craft for EnterpriseLearn more
Banner background

Key People/Management at CloudFlare

Matthew Prince

Matthew Prince

Co-Founder and Chief Executive Officer
Lee Holloway

Lee Holloway

Co-Founder & Lead Engineer
Michelle Zatlyn

Michelle Zatlyn

Co-Founder and COO
John Graham-Cumming

John Graham-Cumming

CTO
Susan Hobbs

Susan Hobbs

Chief of Staff to the CEO and COO
Joe Sullivan

Joe Sullivan

Chief Security Officer
Show more

CloudFlare Office Locations

CloudFlare has offices in San Francisco, Austin, Champaign, New York and in 14 other locations
San Francisco, CA, US (HQ)
101 Townsend St, San Francisco
Austin, TX, US
106 E. 6th Street Suite 350
Champaign, IL, US
M2 on Neil Street, 301 N Neil St #440
New York, NY, US
251 W 30th St 16th floor
San Jose, CA, US
10 Almaden Blvd #200
Washington, DC, US
Tower Building, 1401 K St NW
Show all (20)

CloudFlare Financials and Metrics

CloudFlare Revenue

Embed Graph
View revenue for all periods
CloudFlare's revenue was reported to be $656.43 m in FY, 2021 which is a 52.3% increase from the previous period.
USD

Revenue (Q1, 2022)

212.2m

Gross profit (Q1, 2022)

165.1m

Gross profit margin (Q1, 2022), %

77.8%

Net income (Q1, 2022)

(41.4m)

EBIT (Q1, 2022)

(40.0m)

Market capitalization (1-Aug-2022)

16.7b

Closing stock price (1-Aug-2022)

51.2

Cash (31-Mar-2022)

152.0m
CloudFlare's current market capitalization is $16.7 b.
Annual
USDFY, 2019FY, 2020FY, 2021

Revenue

287.0m431.1m656.4m

Revenue growth, %

49%50%52%

Cost of goods sold

63.4m101.1m147.1m

Gross profit

223.6m330.0m509.3m
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Revenue

91.3m99.7m114.2m138.1m152.4m172.3m212.2m

Cost of goods sold

20.8m24.2m27.0m32.1m35.0m37.5m47.1m

Gross profit

70.4m75.6m87.2m106.0m117.4m134.8m165.1m

Gross profit Margin, %

77%76%76%77%77%78%78%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

25.1m139.0m108.9m

Accounts Receivable

25.2m33.9m63.5m

Prepaid Expenses

9.4m17.0m28.2m

Current Assets

196.7m689.9m1.1b
Quarterly
USDQ2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q1, 2022

Cash

42.4m501.7m109.1m314.0m112.0m187.5m247.6m152.0m

Accounts Receivable

29.9m32.2m39.8m43.6m48.8m71.2m75.9m125.4m

Prepaid Expenses

9.7m16.9m18.2m17.2m23.0m27.1m28.7m35.4m

Current Assets

166.0m695.7m647.6m1.1b1.1b1.1b1.1b1.9b
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Net Income

(87.2m)(105.8m)(119.4m)(260.3m)

Depreciation and Amortization

18.9m29.5m49.4m66.6m

Accounts Payable

4.4m(1.3m)1.7m2.5m

Cash From Operating Activities

(43.3m)(38.9m)(17.1m)64.6m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Net Income

(17.1m)(36.8m)(77.7m)(32.7m)(58.9m)(85.3m)(40.0m)(75.5m)(182.8m)(41.4m)

Depreciation and Amortization

6.2m13.2m20.9m10.6m22.1m35.0m15.2m31.2m48.3m20.0m

Accounts Payable

(2.6m)4.9m(994.0k)1.5m4.3m4.6m6.2m6.8m5.8m1.9m

Cash From Operating Activities

(9.7m)(12.6m)(30.3m)(14.3m)(10.3m)(8.3m)23.5m30.9m24.0m(35.5m)
USDFY, 2018

Financial Leverage

1.4 x
Show all financial metrics

CloudFlare Operating Metrics

CloudFlare's Customers was reported to be 3.5 m in FY, 2020.
FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021Q2, 2021Q3, 2021

Customers

2.6 m3.5 m

Countries

90909095100100100100100100

Networks

8 k8.5 k9.1 k

Paying Customers

67.9 k73.56 k74.87 k77.06 k82.88 k89.22 k96.18 k100.97 k111.18 k119.21 k126.74 k132.39 k

CloudFlare Acquisitions / Subsidiaries

Company NameDateDeal Size
Cloudflare Area 1 SecurityFebruary 23, 2022$162 m
VectrixFebruary 11, 2022
ZarazDecember 08, 2021
LincDecember 22, 2020
LincDecember 22, 2020
S2 SystemsJanuary 07, 2020$17.7 m
NeumobNovember 14, 2017
EagerDecember 13, 2016$1.7 m
CryptoSealJune 18, 2014
StopTheHackerFebruary 24, 2014

CloudFlare Revenue Breakdown

Embed Graph

CloudFlare revenue breakdown by business segment: 11.2% from Channel partners and 88.8% from Direct customers

CloudFlare revenue breakdown by geographic segment: 26.2% from Europe, Middle East, and Africa, 14.7% from Asia Pacific, 52.2% from United States and 6.9% from Other

CloudFlare Cybersecurity Score

Cybersecurity ratingPremium dataset

C

79/100

SecurityScorecard logo

CloudFlare Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

CloudFlare Online and Social Media Presence

Embed Graph

CloudFlare Company Culture

  • Overall Culture

    B+

    76/100

  • CEO Rating

    A-

    77/100

  • Compensation

    C+

    66/100

  • Diversity

    A

    84/100

Learn more on Comparably

CloudFlare News and Updates

Cloudflare outage hit crypto exchanges FTX, Bitfinex and more

A Cloudflare outage on Tuesday knocked out numerous popular web services, including major crypto exchanges FTX, Bitfinex, and OKX, raising questions about the stability of centralized crypto platforms. The CEO of OKX, which saw $1.47 billion in trading volume in the past 24 hours, tweeted asking for…

Cloudflare outage knocks popular services offline

A Cloudflare outage, which began about 15 minutes ago, has hit several popular services including Discord, Omegle, DoorDash, Crunchyroll, Feedly, Zerodha, Medium.com, news outlet Register, Upstox and Social Blade. The internet infrastructure firm said it is investigating the “wide-spread” issue, but…
Show more

CloudFlare Blogs

When the window is not fully open, your TCP stack is doing more than you think

In this blog post I'll share my journey deep into the Linux networking stack, trying to understand the memory and window management of the receiving side of a TCP connection

Using Apache Kafka to process 1 trillion inter-service messages

We learnt a lot about Kafka on the way to 1 trillion messages, and built some interesting internal tools to ease adoption that will be explored in this blog post

A story about AF_XDP, network namespaces and a cookie

A crash in a development version of flowtrackd (the daemon that powers our Advanced TCP Protection) highlighted the fact that libxdp (and specifically the AF_XDP part) was not Linux network namespace aware. This blogpost describes the debugging journey to find the bug, as well as a fix.

Working in public — our docs-as-code approach

Besides following a docs-as-code approach, at Cloudflare we handle our documentation changes in a public repository. The contributions we get from the entire Cloudflare community help us make our documentation better every day

How the James Webb Telescope's cosmic pictures impacted the Internet

We show how the July 11-12 James Webb Telescope images that were revealed had an impact on DNS traffic in NASA and ESA websites, video and image hosting platforms, and news websites. The ‘cosmic’ results may be surprising

Mantis - the most powerful botnet to date

We named the botnet that launched the 26M rps (requests per second) DDoS attack "Mantis" as it is also like the Mantis shrimp, small but very powerful
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 Matthew Prince, Lee Holloway and Michelle Zatlyn.

  • How many employees does CloudFlare have?

    CloudFlare has 2,440 employees.

  • What is CloudFlare revenue?

    Latest CloudFlare annual revenue is $656.4 m.

  • What is CloudFlare revenue per employee?

    Latest CloudFlare revenue per employee is $269 k.

  • Who are CloudFlare competitors?

    Competitors of CloudFlare include GoDaddy, HiQ International and Fastly.

  • 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 14 other locations.

  • How many offices does CloudFlare have?

    CloudFlare has 20 offices.