Welcome to our dedicated page for Cloudflare SEC filings (Ticker: NET), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Cloudflare, Inc. SEC filings document material-event reporting for its connectivity cloud business and Class A common stock. Recent 8-K and 8-K/A filings cover quarterly operating results, Regulation FD disclosures, press-release exhibits, and amendments to material-event reports.
The filings also record governance and corporate matters, including executive transition disclosures and Item 2.05 reporting on costs associated with exit or disposal activities tied to the company’s operating model. These records frame Cloudflare’s formal disclosures around results, restructuring-related charges, leadership changes, and public-company reporting controls.
Capital World Investors has filed an amended Schedule 13G/A reporting a significant passive ownership stake in Cloudflare, Inc. common stock. The firm is deemed to beneficially own 36,368,156 shares, representing 11.5% of the 315,250,214 shares believed to be outstanding as of the reported date.
Capital World Investors reports sole voting power over 36,226,756 shares and sole dispositive power over 36,368,156 shares, with no shared voting or dispositive power. The securities are certified as acquired and held in the ordinary course of business, not for the purpose of changing or influencing control of Cloudflare.
Cloudflare, Inc. insider Matthew Prince reports beneficial ownership of 26,338,507 shares, representing 7.7% of the Class A common stock as of December 31, 2025. He has sole voting and dispositive power over 5,230,116 shares and shared power over 21,108,391 shares.
The holdings include Class A shares, Class B shares held through multiple family and grantor retained annuity trusts, and 39,498 Class A shares issuable upon RSU vesting within 60 days of December 31, 2025. Cloudflare has a dual-class structure, with each Class B share carrying ten votes and each Class A share one vote, though the reported percentage treats Class B shares as converted into Class A.
Morgan Stanley reports beneficial ownership of 16,803,415 shares of Cloudflare, Inc. Class A common stock, representing 5.3% of the class as of 12/31/2025. These shares are held with shared voting and dispositive power, not sole control.
Morgan Stanley Investment Management Inc. separately reports beneficial ownership of 15,737,757 shares, or 4.9% of the class, and states it has ceased to be a beneficial owner of more than five percent. The securities are described as acquired and held in the ordinary course of business, without the purpose or effect of changing or influencing control of Cloudflare.
Cloudflare director John Graham-Cumming reported option exercises and share sales in Cloudflare, Inc. Class A common stock. On February 9, 2026, he exercised stock options covering 2,520 shares at an exercise price of $44.72 per share, receiving fully vested, immediately exercisable shares.
That same day, he sold a total of 2,520 Class A shares in several open-market transactions under a Rule 10b5-1 trading plan adopted on May 28, 2025. The weighted average sale prices reported ranged from about $170.15 to $175.435 per share across multiple small blocks. After these transactions, he directly beneficially owned 495,191 shares of Cloudflare Class A common stock.
Cloudflare, Inc. reported an equity award to President and Board Co-Chair Michelle Zatlyn. On February 6, 2026, she was granted 96,665 Class A RSU-based shares at a price of $0 per share. These restricted stock units vest in sixteen equal quarterly installments beginning on May 15, 2026.
Following this award, Zatlyn beneficially owned 446,309 Class A shares directly. In addition, 24,555 Class A shares are held through a revocable trust where she serves as co-trustee and 19,615 Class A shares are held through an irrevocable trust where she serves as appointer.
Cloudflare CEO and Board Co-Chair Matthew Prince reported an equity award of 96,665 Class A shares on February 6, 2026. The shares are represented by restricted stock units granted at a price of $0 per share and increase his directly held stake to 446,309 shares.
The RSUs will vest in sixteen equal quarterly installments beginning on May 15, 2026, tying the award to multi‑year service and performance at the company.
Cloudflare Chief Accounting Officer Riley Janel received an equity award of 7,958 Class A shares represented by restricted stock units. The RSUs were granted on February 4, 2026 at a price of $0 per share and will vest in sixteen equal quarterly installments beginning on May 15, 2026. Following this grant, Janel beneficially owned 64,102 shares of Cloudflare Class A Common Stock in direct ownership.
Cloudflare, Inc. reported that its Chief Legal Officer, Doug Kramer, has decided to resign from his role after nearly ten years with the company. His resignation will be effective March 31, 2026, after which he will continue serving as a Senior Advisor.
The company expects that Alissa Starzak, currently Deputy Chief Legal Officer and Global Head of Public Policy, will succeed Mr. Kramer as Chief Legal Officer when his resignation becomes effective. This filing does not include financial results or transaction details and focuses on this planned leadership transition in Cloudflare’s legal organization.
Cloudflare, Inc. reported strong growth for the fourth quarter and full year 2025, while remaining unprofitable on a GAAP basis. Q4 revenue reached $614.5 million, up 33.6% year-over-year, and full year revenue was $2,167.9 million, up 29.8%.
Q4 GAAP loss from operations was $49.2 million, but non-GAAP income from operations was $89.6 million with a 14.6% margin. Full year GAAP loss from operations was $207.2 million, versus non-GAAP operating income of $303.9 million. Free cash flow improved to $99.4 million in Q4 and $260.6 million for 2025.
Cloudflare ended 2025 with $4.1 billion in cash, cash equivalents, and available-for-sale securities. For 2026, it projects revenue of $2.785–$2.795 billion, non-GAAP operating income of $378–$382 million, and non-GAAP diluted EPS of $1.11–$1.12.
Cloudflare, Inc. disclosed that investment adviser Baillie Gifford & Co has filed Amendment No. 8 to a Schedule 13G for its Class A common stock. As of December 31, 2025, Baillie Gifford beneficially owned 16,823,947 shares, representing about 5.3% of the class.
Baillie Gifford reported sole voting power over 11,073,167 shares and sole dispositive power over all 16,823,947 shares, with no shared voting or dispositive power. The shares are held in the ordinary course of business on behalf of investment advisory clients and are not held to influence control of Cloudflare.