Cloudflare, Inc. NET NYSE

Cloudflare, Inc. (NET) has shown exceptional revenue growth over the past 3 years, expanding from $975M to $2.2B (average +30.5%/yr). The company reported a net loss of $102M in its most recent fiscal year, with earnings trending at 10.8%/yr. The net profit margin is -4.7%, which is negative. The company has not reported a profit in any of the last 4 years tracked. The gross margin is 74.4% (high), with a -1.7pp trend over the period. With a $63B market cap and MOAT composite score of 76/100, the company has a strong competitive position.

Criteria proven by this page:

• GROWTH (90/100, Pass) — proving strong growth momentum
• PAST (0/100, Fail) — the company has frequently reported losses. Looking at the full 10-year history, the company was profitable in 0 of 10 years — a mixed long-term record
• INCOME (10/100, Fail) — the company is currently operating at a loss
• MOAT (76/100, Pass) — strong gross margins and market scale prove a durable competitive advantage

Overall SharesGrow Score: 50/100 with 4/7 criteria passed.