Cloudflare stock gets lift from growth and higher 2026 outlook

Cloudflare reported stronger-than-expected third-quarter results on November 5, 2026, and raised its full-year outlook. The company's revenue growth accelerated while adjusted profitability improved, although GAAP losses kept operating leverage in focus, according to Ad-hoc-news.de.

Cloudflare stock traded at 272.05 euros on Lang & Schwarz at 4:32 p.m. CET on Tuesday, November 10, 2026. That was 3.66 percent above the 262.45 euros cited in the prior report from the same day at 1:15 p.m. CET, a separate comparison from any Xetra closing price.

Growth beats expectations

Revenue for the quarter ended September 30 increased 39.2 percent year over year to 782.5 million US dollars. The result exceeded the 736.8 million US dollar analyst estimate cited in the report. Adjusted earnings per share reached 0.38 US dollars, above the 0.34 US dollar consensus, while adjusted operating income rose to 137.1 million US dollars.

The adjusted operating margin reached 17.5 percent, compared with 15.3 percent a year earlier. On a GAAP basis, Cloudflare posted an operating loss of 67.9 million US dollars and a net loss of 34.1 million US dollars, showing that the company's investment and infrastructure costs remain material.

Higher guidance raises the bar

Management expects fourth-quarter revenue of 845 million to 846 million US dollars and adjusted earnings per share of 0.43 US dollars. The company also raised its full-year 2026 revenue outlook to 2.963 billion to 2.964 billion US dollars and lifted adjusted earnings guidance to 1.35 US dollars per share from 1.25 to 1.26 US dollars previously.

Demand from the Workers Developer Platform, agentic workloads and large customers supported the quarter. More than 5,000 customers pay Cloudflare at least 100,000 US dollars annually, while dollar-based net retention reached 122 percent and billings increased 35.5 percent to 846.2 million US dollars.

Investors will focus next on whether enterprise adoption and AI-related workloads can sustain the faster expansion without further pressure on GAAP margins.

Broader technology-market sentiment can be tracked through the S&P 500.

Cloudflare is scheduled to participate in the RBC Capital Markets Global Technology, Internet, Media and Telecommunications Conference on November 18, followed by the Barclays Global Technology Conference on December 9. More news and analyses on Cloudflare stock.