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Stock impact report

Cloudflare outlines $2.795B 2026 revenue target as AI-driven demand accelerates enterprise wins [Seeking Alpha]

Cloudflare, Inc. Class A (NET) 
Last cloudflare, inc. class a earnings: 2/13 04:15 pm Check Earnings Report
Company Research Source: Seeking Alpha
CEO Matthew Prince highlighted a "terrific quarter," reporting $614.5 million in revenue, a 34% year-over-year increase. He stated, "We now have 4,298 customers paying us more than $100,000 per year, up 23% year-over-year." Prince emphasized record new annual contract value (ACV) growth, noting, "In Q4, new Quick Insights Cloudflare highlights its large-scale, capital-efficient network and new capabilities as uniquely positioned to win AI agent infrastructure deals and benefit from increased traffic and customer demand stemming from AI trends. Cloudflare guides revenue growth to $2.785-$2.795 billion in 2026, driven by record new contract value, expanding large customer wins, increasing free cash flow, and strong adoption in AI, developer platforms, and enterprise segments. Management cited revenue volatility from 'pool of funds' contracts, slight gross margin pressure due to network cost allocation, and rising operational complexity from rapid AI adoption, although they expr Show less Read more
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