Company: NET
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001477333-25-000141
Chunk: 330

Company: Cloudflare, Inc.
Filing Date: 2025-10-30
Form: 10-Q
Item: Part I, Item 1
Chunk 330
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— (3,828)— — (3,828)Conversion of Class B to Class A common stock 1,068 1 (1,068)(1)— — — — Stock-based compensation — — — — 91,986 — — 91,986 Net loss — — — — — (15,331)— (15,331)Other comprehensive income— — — — — — 17,266 17,266 Balance as of September 30, 2024305,386 $305 37,661 $37 $2,046,593 $(1,089,792)$15,947 $973,090 

The accompanying notes are an integral part of these condensed consolidated financial statements.12

Table of contentsCLOUDFLARE, INC.CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY(in thousands)(unaudited)

Nine Months Ended September 30, 2025Class A common stockClass B common stockAdditionalpaid-incapitalAccumulateddeficitAccumulatedothercomprehensive income (loss)Totalstockholders’equity SharesAmountSharesAmountBalance as of December 31, 2024307,892 $307 36,963 $37 $2,152,750 $(1,102,640)$(4,253)$1,046,201 Issuance of common stock upon exercise of stock options385 — 1,462 1 29,454 — — 29,455 Issuance of common stock related to settlement of RSUs and PSUs3,520 4 — — (4)— — — Tax withholding on RSU settlement(185)— — — (32,183)— — (32,183)Conversion of Class B to Class A common stock3,388 3 (3,388)(3)— — — — Common stock issued under employee stock purchase plan165 — — — 13,057 — — 13,057 Reclassification of the 2025 capped calls from equity to derivative asset— — — — 308,299 — — 308,299 Purchase of capped calls related to the 2030 convertible senior notes— — —