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Cloudflare, Inc. Class A Common Stock (NET)

NYSE Large Cap

Technology › Services-Prepackaged Software

$216.17
Market Cap: $76.2B
Data as of Mar 31, 2026 (TTM)

Price History

Feb 9, 2026 — May 24, 2026

Investment Snapshot

  • P/B of 49.93 — trading above book value
  • Piotroski F-Score 3/9 — signs of financial weakness
  • Loss-making — negative ROE of -7.4%
  • Revenue growing at 30% annually

Cloudflare, Inc. Class A Common Stock (NET) is a Technology company operating in Services-Prepackaged Software, listed on the NYSE , with a market capitalisation of $76.2 billion . Key value metrics: P/B ratio 49.93, Piotroski F-Score 3 out of 9 .

Value Score

Key Metrics

P/E Ratio
49.93
EPS
$-0.32
Div. Yield
PEG Ratio
P/S Ratio
EV/EBITDA
ROE
ROA
Gross Margin
Op. Margin
Net Margin
Debt/Equity
Current Ratio

Current vs 5-Year Average

Based on 5 years of SEC filings
Net Margin
↑ +2.1pp avg —
Gross Margin
↑ +2.1pp avg —
Operating Margin
↑ +2.1pp avg —
Return on Equity
↑ +2.1pp avg —
Debt / Equity
↑ +2.1pp avg —

Revenue & Net Income

EPS & Free Cash Flow Per Share

Financial Statements

Metric FY22 FY23 FY24
Revenue $X.XB $X.XB $X.XB
Gross Profit $X.XB $X.XB $X.XB
Operating Income $X.XB $X.XB $X.XB
Net Income $X.XB $X.XB $X.XB
EBITDA $X.XB $X.XB $X.XB
Total Assets $X.XB $X.XB $X.XB
Total Liabilities $X.XB $X.XB $X.XB
Data sourced from SEC EDGAR and Polygon.io. Methodology. View more Technology stocks →

Cloudflare, Inc. Class A Common Stock — Fundamental Analysis Summary

On financial health, NET shows a weak Piotroski F-Score of 3/9, a signal of deteriorating financial health, and negative return on equity of -7.4% (sector average: -2.4%), and high leverage with a debt-to-equity ratio of 3.14.

StockPik's composite Value Score for NET is 25/100 — reflecting current market or financial concerns. The score is built from ten fundamental signals: P/E, P/B, PEG ratio, P/S ratio, return on equity, gross margin, debt-to-equity, current ratio, dividend yield, and Piotroski F-Score.

NET reports a high gross margin of 73.8% (sector average: 41.5%) and a negative operating margin of -10.0%.

NET shows revenue growing at 30% year-over-year, with earnings declining at 30%.

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How is the Value Score calculated?
Read our full methodology →
What is the Piotroski F-Score?
The 9-point financial health score explained, with worked examples →
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