Cloudflare, Inc. (NET): Strong Q4 Growth, Expanding Market Opportunities

Cloudflare Inc. (NYSE:NET) is one of the best high-growth cybersecurity stocks to buy. On February 10, Cloudflare (NYSE:NET) reported Q4 2025 revenue of $615 million, up 34% year-over-year and above analyst expectations of $591.43 million.

This increase was driven by strong customer growth, especially from large accounts: 4,298 customers now spend over $100,000 annually, up 23% from last year, and they contribute 73% of total revenue, up from 63% in 2022. For the full year 2025, revenue grew 29.8% to $2.17 billion, supported by higher customer spending and global expansion.

Looking ahead, Cloudflare expects Q1 2026 revenue of $620–621 million (29–30% growth), operating margin of 11%, and EPS of $0.23. For the full year 2026, it projects $2.785–$2.795 billion in revenue (28–29% growth), operating income of $378–382 million (14% margin), and diluted EPS of $1.11–1.12. Growth is supported by its expanding market, with TAM expected to rise from $181 billion in 2025 to $231 billion by 2028, helped by opportunities in AI, IoT, databases, and 5G services.

On February 10, Cloudflare announced that Chief Legal Officer Doug Kramer will step down after nearly 10 years, with his resignation effective March 31, 2026. He will stay on as a Senior Advisor, while Alissa Starzak, currently Deputy Chief Legal Officer and Global Head of Public Policy, is expected to take over the role.

Cloudflare, Inc. (NYSE:NET) is a global cloud services company that boosts the security, speed, and reliability of websites and networks, using its vast network to protect clients from DDoS attacks while optimizing internet traffic.

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Disclosure: None. This article is originally published at Insider Monkey.