Cloudflare(US:NET) Investors·2025-10-31 16:04Core Insights - Cloudflare reported strong third-quarter earnings, with earnings per share at 27 cents, a 35% increase year-over-year, and revenue climbing 31% to $562 million, surpassing analyst expectations [2][3] - The stock surged over 10% to $245.57 following the earnings report, reflecting a significant 112% increase in 2025 [4] - Cloudflare projects revenue of $589 million for the current quarter, with a long-term goal of reaching a $3 billion revenue run rate by Q4 2026 and $5 billion by Q4 2028 [4] Financial Performance - Earnings per share for the quarter ended September 30 were reported at 27 cents, exceeding the predicted 23 cents [2][3] - Revenue for the same period was $562 million, higher than the forecasted $544.6 million [3] Market Reaction - Following the earnings announcement, Cloudflare's stock price increased by over 10% [4] - The stock had previously advanced 112% in 2025, indicating strong market confidence [4] Future Outlook - Cloudflare's guidance for the upcoming quarter suggests a revenue midpoint of $589 million, compared to estimates of $580 million [4] - Analysts project a revenue run rate of $3 billion by Q4 2026 and $5 billion by Q4 2028, indicating robust growth potential [4] Management Changes - C.J. Desai will step down as president of product and engineering to become CEO of another company, indicating potential shifts in leadership dynamics [5] Strategic Partnerships - Cloudflare has established ties with OpenAI, providing secure links for users of ChatGPT and offering options to block AI crawlers for content protection [6]