Cloudflare News - May 2026
Cloudflare Beats on Revenue and Cuts 1,100 Jobs for AI — Is the Market Right to Punish the Stock?
Shares of Cloudflare plunged 11.5% in after-hours trading to $227.25 after the company paired a strong Q1 earnings beat with the announcement of 1,100 layoffs...
Cloudflare's first quarter 2026 revenue grew 34% as it announced a 20% workforce reduction to focus on AI.
Cloudflare reported first quarter 2026 revenue of $639.8 million, up 34% year-over-year, and non-GAAP EPS of $0.25, beating analyst estimates. The company also...
Cloudflare Inc Q1 2026 Earnings Preview: What Analysts Expect on May 07, 2026
Cloudflare is expected to report Q1 2026 revenue of $621.9 million and non-GAAP EPS of $0.23, with its current stock price of $244.43 trading just above the...