Cloudflare Inc SEC Filings

Capital World Investors reported beneficial ownership of 23,032,315 shares of Cloudflare, Inc. The filing states this represents 7.3% of the 317,576,096 shares believed to be outstanding. The report breaks out voting and dispositive powers and is signed by a Capital Research and Management Company officer.

Morgan Stanley Smith Barney LLC Executive Financial Services submitted a Form 144 notice listing 6,000 shares of Common stock for sale. The filing itemizes two restricted-stock lots: 3,834 shares dated 05/15/2024 and 2,166 shares dated 08/15/2024. The document shows an associated dollar figure of $1,191,738.38 and references NYSE.

Cloudflare, Inc. granted Chief Legal Officer Alissa Michelle Starzak a performance stock option for 128,000 shares of Class A common stock at an exercise price of $193.52 per share. The award vests only if stock price goals between $263 and $579 are achieved within ten years and additional time-based vesting conditions are met, with 1/6 of the shares vesting on each Quarterly Vesting Date after the Certification Date, subject to continued eligible service. Time-based vesting is waived upon a change in control.

Cloudflare, Inc. reported first-quarter 2026 revenue of $639.8 million, up from $479.1 million a year earlier, driven by both direct customers and channel partners across all regions. The company remained unprofitable but narrowed its net loss to $22.9 million, or $0.07 per share, compared with a $38.5 million loss in the prior-year quarter.

Cloudflare generated $158.3 million in cash from operating activities, helping support a strong liquidity position with $932.2 million in cash and cash equivalents and $3.23 billion in available-for-sale securities as of March 31, 2026. Current deferred revenue rose to $755.1 million, and remaining performance obligations reached $2.54 billion, most expected to convert to revenue within 12 months.

Convertible senior notes totaled $3.29 billion in principal, split between 2026 and 2030 maturities, with associated capped call structures recorded in equity. After quarter-end, Cloudflare approved a plan to reduce its workforce by about 20% as part of its shift to an “agentic AI-first” operating model, expecting $140–$150 million in related charges, mostly in the second quarter of 2026.

Cloudflare, Inc. reported strong first quarter 2026 results and announced a major restructuring toward an agentic AI-first operating model. Revenue reached $639.8 million, up 34% year-over-year, with GAAP loss from operations of $62.0 million and non-GAAP income from operations of $73.1 million. GAAP net loss narrowed to $22.9 million, while non-GAAP net income rose to $94.0 million and free cash flow was $84.1 million, or 13% of revenue.

To support its new operating model, Cloudflare plans to cut approximately 20% of its workforce, or about 1,100 people, and expects $140–$150 million in restructuring charges, mostly in the second quarter of 2026, largely for severance and related cash costs plus non-cash equity vesting. The company guides Q2 2026 revenue to $664–$665 million and full-year 2026 revenue to $2.81 billion, with higher projected non-GAAP profitability.

Cloudflare, Inc. reported strong first quarter 2026 results and announced a major AI-driven restructuring. Revenue reached $639.8 million, up 34% year-over-year, with non-GAAP income from operations of $73.1 million and non-GAAP net income of $94.0 million.

The company generated $158.3 million in operating cash flow and $84.1 million in free cash flow, or 13% of revenue. Cloudflare plans to transition to an agentic AI-first operating model and expects to reduce its workforce by about 20%, or roughly 1,100 employees, incurring estimated charges of $140–$150 million mainly in the second and third quarters of 2026.

For the second quarter of 2026, Cloudflare expects revenue of $664–$665 million and non-GAAP net income per share of $0.27. For full-year 2026, it projects revenue of $2.81–$2.81 billion and non-GAAP net income per share of $1.19–$1.20, reflecting confidence in growth and profitability while reshaping its cost structure.

Cloudflare, Inc. director John Graham-Cumming reported planned share sales and an option exercise. On May 4, 2026, he sold a total of 2,520 shares of Class A Common Stock in multiple open-market transactions at weighted average prices ranging from $217.545 to $223.825 per share, under a Rule 10b5-1 trading plan adopted on May 28, 2025.

On the same date, he exercised stock options to acquire 2,520 shares at an exercise price of $44.72 per share. Following these transactions, he holds 496,587 shares of Class A Common Stock directly and 7,560 stock options, indicating these trades represent a small portion of his overall position.

Cloudflare director Carl Ledbetter reported an indirect stock sale and updated holdings. A trust associated with Ledbetter sold 15,000 shares of Cloudflare Class A Common Stock at a weighted average price of $238.1198 per share on an open-market basis.

The sale was made under a pre-arranged Rule 10b5-1 trading plan adopted on February 14, 2025. After the transaction, the trust held 908,073 shares indirectly, while Ledbetter also held 19,599 shares directly, indicating the sale represented a small portion of his overall reported position.

Cloudflare, Inc. director Carl Ledbetter, through the Carl S. Ledbetter Trust, sold 5009 shares of Class A Common Stock in an open-market transaction on May 1, 2026 at a weighted average price of $215.8214 per share under a pre-arranged Rule 10b5-1 trading plan.

After this sale, the trust held 923073 shares indirectly, while Ledbetter also held 19599 shares directly, indicating the transaction represents a small portion of his overall reported holdings.