PomegraCloudflare Stock Jumps 17% After Hours on Earnings Beat
Why is Cloudflare stock up today?
Cloudflare (NET) stock jumped about 17% in after-hours trading on Thursday after the company reported $782.5 million in quarterly sales, up 39%, and sharply raised its 2026 outlook.
Key numbers
| Q3 revenue | $782.5M+39% YoY; est. $736.8M |
|---|---|
| After-hours move | +17%CNBC showed +14% earlier in the evening |
| 2026 revenue outlook | $2.963–$2.964Bvs. $2.87B expected |
| Q4 revenue outlook | $845–$846Mvs. $798M expected |
| Operating margin (non-GAAP) | 17.5%vs. 15.3% a year ago |
| Current contracted revenue (cRPO) | +37%year over year |
What happened
Cloudflare (NET) stock jumped about 17% in after-hours trading on Thursday after the company reported $782.5 million in quarterly sales, up 39%, and sharply raised its 2026 outlook. Analysts had expected about $736.8 million, so sales beat forecasts by roughly 6%. The company now expects 2026 sales of about $2.96 billion, well above the $2.87 billion analysts had predicted (this forecast is called guidance). The jump follows a rough day: shares had fallen about 11% at midday as tech stocks sank.
Why it matters
Cloudflare runs a network that speeds up and protects websites and AI services, so its sales offer a clue about how much companies are spending on the internet and AI. Its CEO called this its fastest growth in nearly four years. That suggests demand is holding up for this company, even as the Nasdaq fell into a correction on worries about AI spending.
Who this affects
- MarketmixedMedium impact
- Gives tech investors a bright spot after a rough selloff.
- CompanybullishHigh impact
- Shareholders gain from faster growth and a higher profit outlook.
- CompetitorsmixedMedium impact
- Rivals face a faster-growing competitor, but may share rising demand.
- IndustrybullishMedium impact
- Signals steady demand for AI-era internet security and infrastructure.
Cloudflare vs Zscaler, Datadog
How we got here
Cloudflare reports Q2 revenue of $696.1M, up 36% from a year earlier.
Nasdaq falls 5.52% into correction; Cloudflare drops sharply during regular trading.
After the close, Cloudflare reports $782.5M Q3 revenue and raises its 2026 outlook.
Shares jump more than 17% in after-hours trading.
What to watch
- Whether Cloudflare holds its after-hours gain when regular trading opens Friday.2026-11-06
- Whether the Nasdaq steadies after Thursday's drop into correction territory.2026-11-06
- Q4 results against the $845–$846M revenue outlook the company just set.Q1 2027
Educational content only. Not investment advice.
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