Company: NET
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001477333-25-000137
Chunk: 327

Company: Cloudflare, Inc.
Filing Date: 2025-07-31
Form: 10-Q
Item: Part I, Item 1
Chunk 327
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446)$(15,078)$(88,900)$(50,621)Net loss per share attributable to common stockholders, basic and diluted$(0.15)$(0.04)$(0.26)$(0.15)Weighted-average shares used in computing net loss per share attributable to common stockholders, basic and diluted347,489 340,648 346,605 339,617 

The accompanying notes are an integral part of these condensed consolidated financial statements.9

Table of contents

CLOUDFLARE, INC.

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS

(in thousands)

(unaudited)

Three Months EndedJune 30,Six Months EndedJune 30,2025202420252024Net loss$(50,446)$(15,078)$(88,900)$(50,621)Other comprehensive income (loss), net of tax:Change in unrealized gain (loss) on investments35 (915)945 (3,799)Cash flow hedges:Change in unrealized gain on cash flow hedges14,688 910 20,710 910 Reclassification of gain included in net loss(1,749)(414)(774)(414)Net changes on cash flow hedges 12,939 496 19,936 496 Other comprehensive income (loss), net of tax12,974 (419)20,881 (3,303)Comprehensive loss$(37,472)$(15,497)$(68,019)$(53,924)

The accompanying notes are an integral part of these condensed consolidated financial statements.10

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

Three Months Ended June 30, 2025Class A common stockClass B common stockAdditionalpaid-incapitalAccumulateddeficitAccumulatedothercomprehensiveincomeTotalstockholders’equitySharesAmountSharesAmountBalance as of March 31, 2025309,991 $309 36,538 $37 $2,562,972 $(1,141,094)$3,654 $1,425,878 Issuance of common stock upon exercise of stock options141 1 398 — 6,712 — — 6,713 Issuance of common stock related to settlement of restricted stock