Cloudflare, Inc. announced its financial results for the first quarter ended March 31, 2025, reporting revenue of $479.1 million, a 27% increase year-over-year. The company also reported a net loss of $38.5 million, or $(0.11) per share.
A significant highlight was the company landing its largest contract in history, valued at over $100 million, driven by its Workers developer platform. Cloudflare also secured its longest-term SASE (Secure Access Service Edge) contract to date, demonstrating strong customer traction.
For the second quarter of 2025, Cloudflare expects revenue between $500 million and $501 million, representing approximately 25% year-over-year growth. Full-year 2025 revenue guidance was updated to $2.090 billion to $2.094 billion, also indicating around 25% growth, with diluted non-GAAP net income per share expected to be $0.79 to $0.80.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.