Cloudflare Beat on Revenue, Beat on EPS, and Raised Full-Year Guidance on August 6, 2026. NET Jumped as Much as 15%
Cloudflare's Q2 2026 revenue of $696.1 million beat estimates by nearly 5%, with EPS beating by more than 7%. The company raised full-year revenue guidance to $2.87 billion at the midpoint. Shares jumped as much as 15% in after-hours trading on the report.
- Cloudflare reported Q2 2026 revenue of $696.1 million, beating the $664.7 million analyst estimate by about 4.7%.
- Adjusted EPS of $0.29 beat the $0.27 consensus estimate by roughly 7.5%.
- The company raised full-year revenue guidance to $2.87 billion at the midpoint, up from a prior $2.81 billion, and raised full-year adjusted EPS guidance to $1.26 at the midpoint, a 5% increase.
Reaction by asset (real prices)
| Asset | 2m before | At release | +1m | +15m | +1m % | +15m % |
|---|---|---|---|---|---|---|
| NET | — | — | — | — | +0.85% | +1.56% |
Cloudflare reported second-quarter 2026 revenue of $696.1 million on August 6, 2026, beating the $664.7 million analyst estimate by about 4.7%, with adjusted earnings per share of $0.29 topping the $0.27 consensus by roughly 7.5%. Both the top and bottom line beat by a meaningfully wider margin than a typical in-line quarter.
Guidance reinforced the beat rather than merely confirming it. Cloudflare raised full-year revenue guidance to $2.87 billion at the midpoint, up from a prior $2.81 billion, and lifted full-year adjusted EPS guidance to $1.26 at the midpoint — a 5% increase. Third-quarter guidance also landed ahead of what analysts had modeled heading into the print.
NET shares jumped as much as 15% in after-hours trading on the report. A move of that size on a beat-and-raise reflects the market pricing in that Cloudflare's growth trajectory is not just intact but strengthening — the combination of a wide beat on both revenue and EPS, plus a raised outlook on every forward metric, gave investors no reason to discount the headline numbers.
Sources
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Cloudflare shares soar after hours on Q2 results beat, raised full year guidance
— Investing.com
Revenue and EPS beat figures, stock reaction
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Cloudflare posts $696M Q2 revenue, non-GAAP profit
— StockTitan (SEC filing)
Exact guidance figures
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Cloudflare (NYSE:NET) Reports Bullish Q2 CY2026, Stock Jumps 14.9%
— StockStory
After-hours stock reaction
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