Cloudflare, Inc. (NET) Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript

Core Insights - The article highlights a significant inflection year for Cloudflare in 2025, marked by unexpected achievements and growth metrics [1] Financial Performance - Cloudflare signed its largest ever contract worth $130 million, spanning 7 years [1] - The highest Annual Contract Value (ACV) deal was recorded at $42.5 million [1] - Remaining Performance Obligations (RPO) grew by 48% during the year [1] - Revenue growth accelerated to 30% in each of the last three quarters [1] - The net revenue retention rate improved from 111% in Q1 to 120% in Q4 [1] - The number of paying customers increased by 40% year-on-year [1]