Overview

* Cloudflare Q3 2025 revenue grows 31% yr/yr, beating analyst expectations

* Adjusted EPS for Q3 beats consensus, reflecting operational efficiency

* CJ Desai to step down as President of Product & Engineering

Outlook

* Cloudflare ( NET ) expects Q4 revenue between $588.5 mln and $589.5 mln

* Company forecasts full-year revenue of $2,142.0 mln to $2,143.0 mln

* Cloudflare ( NET ) anticipates Q4 non-GAAP net income per share of $0.27

Result Drivers

* REVENUE GROWTH - Cloudflare's ( NET ) Q3 revenue increased by 31% yr/yr, driven by accelerated innovation and product delivery

* RPO GROWTH - The company reported a 43% yr/yr increase in RPO, indicating strong future revenue potential

* OPERATIONAL EFFICIENCY - Non-GAAP income from operations rose to $85.9 mln, reflecting improved operational efficiency

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Beat $562.02 $544.82

Revenue mln mln (27

Analysts

)

Q3 Beat $0.27 $0.23

Adjusted (27

EPS Analysts

)

Q3 EPS

Q3 Net -$1.29

Income mln

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 19 "strong buy" or "buy", 13 "hold" and 3 "sell" or "strong sell"

* The average consensus recommendation for the it services & consulting peer group is "buy"

* Wall Street's median 12-month price target for Cloudflare Inc ( NET ) is $230.00, about 1.1% above its October 29 closing price of $227.38

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)