NET on NYSE

Cloudflare

Logo: Cloudflare, Public domain, via Wikimedia Commons5

American technology company

Cloudflare, Inc., is an American technology company headquartered in San Francisco, California, that provides a range of internet services, including content delivery network (CDN) services, cloud cybersecurity, DDoS mitigation, and ICANN-accredited domain registration. The company's services act primarily as a reverse proxy between website visitors and a customer's hosting provider, improving performance and protecting against malicious traffic. Cloudflare was founded in 2009 by Matthew Prince, Lee Holloway, and Michelle Zatlyn.3 It employed 3,217 people in 2022.1 Its revenue was $656 million in 2021.1 Wikipedia text CC BY-SA 4.0

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Last updated Oct 21, 2026.

Overview

$2.2BRevenue, fiscal 20256
-$102.3MNet income, fiscal 20256
Nov 2009Founded1

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  • TickerNET on NYSE1
  • IndustryICT, Software Publishers, information and communications technology1
  • HeadquartersSan Francisco1
  • Founded inSan Francisco1
  • Websitewww.cloudflare.com
  • Legal formDelaware corporation1
  • Incorporated inDE7
  • Business address101 Townsend St., San Francisco, Ca 941077
  • Filer categoryLarge accelerated filer7
  • LEI5493007DY18BGNLDWU144
  • StatusActive4
  • LEI statusIssued and current4
  • Registered addressC/O REGISTERED AGENT SOLUTIONS, INC., 19904 Dover, United States4
  • Registered withDivision of Corporations, Department of State, 47108754
Cloudflare office entrance area
Photo: HaeB, CC BY-SA 4.0, via Wikimedia Commons9

Cloudflare, Inc., is an American technology company headquartered in San Francisco, California, that provides a range of internet services, including content delivery network (CDN) services, cloud cybersecurity, DDoS mitigation, and ICANN-accredited domain registration. The company's services act primarily as a reverse proxy between website visitors and a customer's hosting provider, improving performance and protecting against malicious traffic.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

74.5%Gross margin6
-9.6%Operating margin6
-4.7%Net margin6
29.8%Revenue growth, 20256
-7.0%Return on equity6
$287.5MFree cash flow6

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Regions

United States brought in 49% of the revenue Cloudflare broke down this way in fiscal 2025.

  1. United States$1.1B649%up 26% from 2024
  2. EMEA$598.6M628%up 28% from 2024
  3. Asia Pacific$329.8M615%up 48% from 2024
  4. Other Geographical Regions$166.6M68%up 28% from 2024
Regions by year
Regions202320242025
United States$678.2M$849.5M$1.1B
EMEA$356.6M$466.5M$598.6M
Asia Pacific$168.8M$223.2M$329.8M
Other Geographical Regions$93.2M$130.4M$166.6M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue25¢$552.5M
  • Research and development24¢$512.5M
  • Other costs50¢$1.1B
  • Income tax0¢$9.6M

Out of $2.2B in revenue.6 The company lost money this year.

Where each dollar of operating cash went, fiscal 2025

  • Capital spending52¢$315.6M
  • Kept or used elsewhere48¢$287.5M

Out of $603.1M of cash from operations.6

Financial statements

Revenue10111213146$2.2B in 2025+1025% since 2018
0$1.0B$2.0B$3.0B2018: $192.7M$192.7M20182019: $287.0M$287.0M2019+49%2020: $431.1M$431.1M2020+50%2021: $656.4M$656.4M2021+52%2022: $975.2M$975.2M2022+49%2023: $1.3B$1.3B2023+33%2024: $1.7B$1.7B2024+29%2025: $2.2B$2.2B2025+30%
Gross profit10111213146$1.6B in 2025+983% since 2018
0$500.0M$1.0B$1.5B$2.0B2018: $149.1M$149.1M20182019: $223.6M$223.6M2019+50%2020: $330.0M$330.0M2020+48%2021: $509.3M$509.3M2021+54%2022: $742.6M$742.6M2022+46%2023: $989.7M$989.7M2023+33%2024: $1.3B$1.3B2024+30%2025: $1.6B$1.6B2025+25%
Operating income10111213146-$207.2M in 2025+144% since 2018
-$300.0M-$200.0M-$100.0M02018: -$84.9M-$84.9M20182019: -$107.9M-$107.9M2019+27%2020: -$106.8M-$106.8M2020−1%2021: -$127.7M-$127.7M2021+20%2022: -$201.2M-$201.2M2022+58%2023: -$185.5M-$185.5M2023−8%2024: -$154.8M-$154.8M2024−17%2025: -$207.2M-$207.2M2025+34%
Net income10111213146-$102.3M in 2025+17% since 2018
-$300.0M-$200.0M-$100.0M02018: -$87.2M-$87.2M20182019: -$105.8M-$105.8M2019+21%2020: -$119.4M-$119.4M2020+13%2021: -$260.3M-$260.3M2021+118%2022: -$193.4M-$193.4M2022−26%2023: -$183.9M-$183.9M2023−5%2024: -$78.8M-$78.8M2024−57%2025: -$102.3M-$102.3M2025+30%

Every line of the income statement as filed: the last 3 fiscal years, latest first.6

Period ending2025-12-312024-12-312023-12-31
Revenue$2.2B$1.7B$1.3B
Cost of revenue$552.5M$378.7M$307.0M
Gross profit$1.6B$1.3B$989.7M
Sales and marketing$920.8M$745.8M$599.1M
Research and development$512.5M$421.4M$358.1M
General and administrative$389.3M$278.5M$218.0M
Total operating expenses$1.8B$1.4B$1.2B
Loss from operations-$207.2M-$154.8M-$185.5M
Interest income$131.2M$87.4M$68.2M
Interest expense-$8.8M-$5.2M-$5.9M
Loss on extinguishment of debt$0$0-$50.3M
Other income (expense), net-$8.0M$1.7M-$4.4M
Total non-operating income, net$114.5M$83.9M$7.6M
Loss before income taxes-$92.7M-$70.9M-$177.9M
Provision for income taxes$9.6M$7.9M$6.1M
Net loss-$102.3M-$78.8M-$183.9M
Net loss per share attributable to common stockholders, basic (in dollars per share)-$0.29-$0.23-$0.55
Net loss per share attributable to common stockholders, diluted (in dollars per share)-$0.29-$0.23-$0.55
Weighted-average shares used in computing net loss per share attributable to common stockholders, basic (in shares)348.4M shares341.4M shares333.7M shares
Weighted-average shares used in computing net loss per share attributable to common stockholders, diluted (in shares)348.4M shares341.4M shares333.7M shares

Compare Cloudflare with another company

Corporate structure

Cloudflare sits at the top of its group. 13 entities, 10 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Cloudflare

  • Cloudflare San Francisco, California, United States
    • Area 1 Security Subsidiary
    • Cloudflare (Beijing) Information Technology Co., Ltd. Subsidiary · China
    • Cloudflare (Canada) Information Technology Co., Ltd. Subsidiary · Canada
    • Cloudflare Australia Pty Ltd. Subsidiary · Australia
    • CLOUDFLARE CAPABILITY CENTER (INDIA) PRIVATE LIMITED Subsidiary · Bangalore, India
    • Cloudflare France SAS Subsidiary · France
    • Cloudflare Germany GmbH Subsidiary · Germany
    • Cloudflare India Private Limited Subsidiary · India
    • Cloudflare Japan K.K. Subsidiary · Japan
    • Cloudflare Middle East FZ-LLC Subsidiary · United Arab Emirates
    • Cloudflare Netherlands B.V. Subsidiary
    • Cloudflare Portugal, Unipessoal Lda. Subsidiary · Portugal

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Cloudflare reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$998.1M6 Dec 31, 2025$747.7M6 Dec 31, 2024+33.5%
Accumulated depreciation$379.4M6 Dec 31, 2025$280.3M6 Dec 31, 2024+35.4%
Property and equipment, net$618.7M6 Dec 31, 2025$467.4M6 Dec 31, 2024+32.4%
Operating-lease assets (leased space)$237.6M6 Dec 31, 2025$168.4M6 Dec 31, 2024+41.1%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$943.5M6 Dec 31, 2025$147.7M6 Dec 31, 2024+538.9%
Marketable securities, current$3.2B6 Dec 31, 2025$1.7B6 Dec 31, 2024+84.9%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$226.6M6 Dec 31, 2025$181.1M6 Dec 31, 2024+25.1%
Finite-lived intangibles, gross$68.7M6 Dec 31, 2025$33.7M6 Dec 31, 2024+103.6%
Accumulated amortization$26.9M6 Dec 31, 2025$11.9M6 Dec 31, 2024+126.4%
Finite-lived intangibles, net$41.8M6 Dec 31, 2025$21.9M6 Dec 31, 2024+91.2%

Properties, in its own words

Our corporate headquarters is located in San Francisco, California, where we lease approximately 112,000 square feet. Of the total leased space in San Francisco, approximately 67,000 square feet is concentrated in our adjoining buildings located at 101 Townsend Street and 111 Townsend Street pursuant to lease agreements expiring in October 2027. In addition, we lease approximately 45,000 square feet at 634 Second Street pursuant to a lease agreement expiring in December 2027.

We also maintain a number of other offices around the world, including Austin, Texas; New York, New York; London, United Kingdom; Lisbon, Portugal; and Singapore, to support our global team.

The rest of Item 2

We lease all of our facilities and do not own any real property.

We believe that our facilities are suitable to meet our current needs. We intend to expand our facilities or add new facilities as we add employees and enter new geographic markets, and we believe that suitable additional or alternative space will be available as needed to accommodate any such growth.

Item 2 of the 10-K filed Feb 26, 2026.20

The story

Founded by Lee Holloway, Matthew Prince and Michelle Zatlyn on Nov 2009, in San Francisco.1

History

Cloudflare was founded on July 26, 2009, by Matthew Prince, Lee Holloway, and Michelle Zatlyn. Prince and Holloway had previously collaborated on Project Honey Pot, a product of Unspam Technologies that partly inspired the basis of Cloudflare. In 2009, the company was venture-capital funded. On August 15, 2019, Cloudflare submitted its S-1 filing for an initial public offering on the New York Stock Exchange under the stock ticker NET. It opened for public trading on September 13, 2019, at $15 per share.

According to the company, the name 'Cloudflare' was chosen, over the initial 'WebWall', because it best described what they were trying to do: build a "firewall in the cloud".

In 2020, Cloudflare co-founder and COO Michelle Zatlyn was named president.

Cloudflare has acquired web-services and security companies, including StopTheHacker (February 2014), CryptoSeal (June 2014), Eager Platform Co. (December 2016), Neumob (November 2017), S2 Systems (January 2020), Linc (December 2020), Zaraz (December 2021), Vectrix (February 2022), Area 1 Security (February 2022), Nefeli Networks (March 2024), BastionZero (May 2024), Kivera (October 2024), Replicate (November 2025), and Human Native (January 2026).

Since at least 2017, Cloudflare has used a wall of lava lamps at its San Francisco headquarters as a source of randomness for encryption keys, alongside double pendulums at its London offices and a Geiger counter at its Singapore offices. The lava lamp installation implements the Lavarand method, where a camera transforms the unpredictable shapes of the "lava" blobs into a digital image.

In Q4 2022, Cloudflare provided paid services to 162,086 customers.

In October 2024, Cloudflare won a lawsuit against patent troll Sable Networks. Sable paid Cloudflare $225,000, granted it a royalty-free license to its patent portfolio, and dedicated its patents to the public by abandoning its patent rights.

In November 2025, it was announced Cloudflare had agreed to acquire Replicate, a San Francisco–based platform that enables software developers to run, fine-tune, and deploy open-source machine-learning models via an API without managing infrastructure.

Read the full text

In January 2026, Cloudflare released an analysis regarding BGP routing leaks observed from the Venezuelan state-owned ISP CANTV (AS8048), which occurred on January 2 coincides with the arrest of Nicolás Maduro. While some security researchers had speculated that the outages were linked to U.S. cyber operations, Cloudflare's data indicated that the anomalies were consistent with a pattern of "insufficient routing export and import policies" by the ISP rather than malicious external interference.

In January 2026, Cloudflare acquired Human Native, an AI data marketplace that brokers transactions between developers and content creators, for an undisclosed amount.

On January 16, 2026, Cloudflare acquired The Astro Technology Company, the developers behind the open-source web framework Astro.

In May 2026, Cloudflare announced the elimination of approximately 1,100 positions, around 20 percent of its workforce, in a restructuring the company attributed to the rapid adoption of artificial intelligence tools. The announcement coincided with the company's first-quarter 2026 earnings, which reported a record $639.8 million in quarterly revenue, a 34 percent year-over-year increase. CEO Matthew Prince stated the cuts were not driven by performance concerns but reflected roles made obsolete by AI, and that Cloudflare expected to employ more people by the end of 2027 than at any point during 2026.

In June 2026, Cloudflare acquired VoidZero, the open-source company behind the JavaScript tool Vite and related developer tools including Vitest, Rolldown, and Oxc. Cloudflare said the acquisition would integrate VoidZero's tooling into its Workers developer platform to support AI-assisted application development, while committing $1 million to an independent Vite ecosystem fund and continuing to maintain the projects as open source.

2016–2017 data leak

From September 2016 until February 2017, a Cloudflare bug nicknamed Cloudbleed leaked sensitive data, including passwords and authentication tokens, from customer websites by sending extra data in response to web requests.

From Wikipedia’s article on Cloudflare, shared under CC BY-SA 4.0.8

Leadership

Who has led Cloudflare, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (16)

Products and brands

  • edge computing
  • identity management
  • reverse proxy
  • streaming media
  • virtual private network

Listed on Wikidata.1

Cloudflare provides network and security products for consumers and businesses, utilizing edge computing, reverse proxies for web traffic, data center interconnects, and a content distribution network to serve content across its network of servers. It supports transport layer protocols TCP, UDP, QUIC, and many application layer protocols such as DNS over HTTPS, SMTP, and HTTP/2 with support for HTTP/2 Server Push. As of 2023, Cloudflare handles an average of 45 million HTTP requests per second.

As of 2024, Cloudflare servers are powered by AMD EPYC 9684X processors.

Cloudflare also provides analysis and reports on large-scale outages, including Verizon's October 2024 outage.

In April 2026, Cloudflare released an open-source CMS called EmDash, intended to align with serverless and edge-based architecture.

Read the full text

Artificial intelligence

In 2023, Cloudflare launched "Workers AI", a framework allowing for use of Nvidia GPU's within Cloudflare's network.

In 2024, Cloudflare launched a tool that prevents bots from scraping websites. To build automatic bot detector models, the company analyzed "AI" bots and crawler traffic. The company also launched an "AI" assistant to generate charts based on queries by leveraging "Workers AI". Cloudflare announced plans in September 2024 to launch a marketplace where website owners can sell "AI" model providers access to scrape their site's content.

In March 2025, Cloudflare announced a new feature called "AI Labyrinth", which combats unauthorized "AI" data scraping by serving fake "AI"-generated content to LLM bots. In July, the company rolled out a permission-based setting to allow websites to automatically block online bots from scraping data and content.

Cloudflare released AutoRAG into beta in 2025. AutoRAG (retrieval augmented generation) creates a vector database of a website's unstructured content to identify relationships between concepts. It is part of an initiative with Microsoft, alongside their NLWeb standard, to make websites easier for people and automated systems to query.

Cloudflare and GoDaddy partnered in April 2026 to enable AI Crawl Control features on GoDaddy hosted websites. This would allow site owners to decide how AI bot crawlers interact with their content.

DDoS mitigation

Cloudflare provides free and paid DDoS mitigation services that protect customers from distributed denial of service (DDoS) attacks. Cloudflare received media attention in June 2011 for providing DDoS mitigation for the website of LulzSec, a black hat hacking group.

In March 2013, The Spamhaus Project was targeted by a DDoS attack that Cloudflare reported exceeded 300 gigabits per second (Gbit/s). Patrick Gilmore, of Akamai, stated that at the time it was "the largest publicly announced DDoS attack in the history of the Internet". While trying to defend Spamhaus against the DDoS attacks, Cloudflare ended up being attacked as well; Google and other companies eventually came to Spamhaus' defense and helped it to absorb the unprecedented amount of attack traffic.

In 2014, Cloudflare began providing free DDoS mitigation for artists, activists, journalists, and human rights groups under the name "Project Galileo". In 2017, it extended the service to electoral infrastructure and political campaigns under the name "Athenian Project". By 2025, more than 2,900 users and organizations were participating in Project Galileo, including 31 US states.

In February 2014, Cloudflare claimed to have mitigated an NTP reflection attack against an unnamed European customer, which it stated peaked at 400 Gbit/s. In November 2014, it reported a 500 Gbit/s DDoS attack in Hong Kong. In July 2021, the company claimed to have absorbed a DDoS attack three times larger than any it had previously recorded, which its corporate blog implied was over 1.2 Tbit/s in total. In February 2023, Cloudflare reported blocking a 71 million request-per-second DDoS attack which "the company says was the largest HTTP DDoS attack on record".

Cloudflare blocked the then largest publicly recorded DDoS attack in August 2025, with volumetric attacks peaking at 11.5 terabits per second (tbps). This was surpassed in December 2025 when an Aisuru botnet launched a 31.4 tbps attack, with a requests-per-second rate exceeding 200 million, against multiple companies in the telecommunications sector, a campaign Cloudflare dubbed "The Night Before Christmas".

In April 2026, Cloudflare released a system designed to let users implement their own custom DDoS mitigation logic, using protocols built on User Datagram Protocol (UDP).

Edge computing

In 2017, Cloudflare launched Cloudflare Workers, a serverless computing platform for creating new applications, augmenting existing ones, without configuring or maintaining infrastructure. It has expanded to include Workers KV, a low-latency key-value data store; Cron Triggers, for scheduling Cron jobs; and additional tooling for developers to deploy and scale their code across the globe.

In 2020, Cloudflare released a JAMstack platform for developers to deploy websites on Cloudflare's Edge infrastructure, under the name "Pages".

In 2022, Cloudflare announced an Edge SQL database, D1, which is built on SQLite.

In August 2023, Cloudflare and IBM announced a partnership providing bot management capabilities to protect IBM Cloud customers from malicious bots and automated threats. The same month, Cloudflare was hired by SpaceX to boost the performance of Starlink. In September, the company launched Cloudflare Fonts as a competitor to Google Fonts.

Internet security

In April 2020, Cloudflare announced it was moving away from using reCAPTCHA in favor of hCaptcha. In September 2022, Cloudflare began to test Turnstile – an alternative to CAPTCHA. The product, instead of presenting a visual CAPTCHA for the user to solve, automatizes the verification process by conducting JavaScript-based checks inside the browser to determine whether the user is a real person or an automated entity. The algorithm reportedly uses machine learning to optimize the process.

Through a contract with the Cybersecurity and Infrastructure Security Agency, Cloudflare provides registry and authoritative DNS services to the.gov top-level domain. Cloudflare also launched Cloudflare for Campaigns in 2020, to offer free cybersecurity tools to political campaigns. Those tools expanded to include secure email systems in 2025.

In November 2020, Cloudflare announced Cloudflare for Teams, consisting of a DNS resolver and web gateway called "Gateway", and a zero-trust authentication service called "Access".

Cloudflare released an Oblivious HTTP relay service in 2022, called Privacy Gateway.

Cloudflare announced a partnership with PhonePe in January 2023 to secure its mobile payment system. In February, Cloudflare launched Wildebeest to allow Mastodon users to set up and run their own instances on Cloudflare's infrastructure.

In August 2023, Cloudflare started the Project Cybersafe Schools program as part of a $20 million grant program from Amazon Web Services, making 70 percent of public school districts in the United States eligible for no-cost cybersecurity services.

In March 2024, it announced Firewall for AI to defend applications running large language models (LLMs). In September, Cloudflare announced Ephemeral IDs, which identifies fraudulent activity by linking behavior to a client through a short-lived, generated ID, rather than the traditional means of using an IP address. The same month, the company also announced all ISP and equipment manufacturers could use its DNS resolvers for free.

Cloudflare introduced the Cloudforce One threat events platform in March 2025, offering real-time insights into cyberattacks using data gathered from Cloudflare's network.

SASE

Cloudflare's overarching secure access service edge (SASE) platform debuted in October 2020.

Cloudflare announced the acquisition of Area 1 Security in February 2022, a company who developed a product designed to combat phishing email attacks.

Cloudflare acquired Nefeli Networks in March 2024, a cloud networking company, co-founded by computer scientist Sylvia Ratnasamy.

WARP

In 2019, Cloudflare released a VPN-like service called WARP, and open sourced the custom underlying WireGuard implementation written in Rust.

Other services

In January 2021, the company began providing its "Waiting Room" digital queue product for free for COVID-19 vaccination scheduling under the title "Project Fair Shot". Project Fair Shot later won a Webby People's Choice Award in 2022 for Event Management under the Apps & Software category.

In March 2023, Cloudflare announced post-quantum cryptography will be made freely and forever available to cloud services, applications and Internet connections.

Cloudflare released the Speed Brain and Instant Purge features in September 2024, to significantly reduce page load latency by prefetching content, and invalidating cached content in under 150ms.

In 2024, Cloudflare announced plans to launch a new payment method, called Stripe Link, which went into beta in the fall.

Since 2010, Cloudflare has collaborated with the National Center for Missing & Exploited Children to provide data, files, and supplemental investigation from abuse reports observed on its network. Cloudflare designed a new NCMEC reporting system in 2024, updating it in 2025 by integrating Cloudflare Workflows and making the CSAM scanning tool accessible globally.

From Wikipedia’s article on Cloudflare, shared under CC BY-SA 4.0.8

Subsidiaries and ownership

Subsidiaries

  • Cloudflare (Beijing) Information Technology Co., Ltd.
  • Cloudflare (Canada) Information Technology Co., Ltd.
  • Cloudflare Australia Pty Ltd.
  • Cloudflare France SAS
  • Cloudflare Germany GmbH
  • Cloudflare India Private Limited
  • Cloudflare Japan K.K.
  • Cloudflare Limited
  • Cloudflare Middle East FZ-LLC
  • Cloudflare Netherlands B.V.
  • Cloudflare Portugal, Unipessoal Lda.
  • Cloudflare Pte., Ltd.
  • Area 1 Security since Feb 23, 2022

From Wikidata.1

Acquisitions

  1. Feb 23, 2022Area 1 Security became a subsidiary1

Employees over time

Cloudflare employees by year13.2K in 2022+201% since 2018
01.0K2.0K3.0K4.0K2018: 1.1K1.1K20182020: 1.8K1.8K2020+66%2021: 2.4K2.4K2021+37%2022: 3.2K3.2K2022+32%
  • 20223,2171
  • 20212,4401
  • 20201,7781
  • 20181,0691

Timeline

  1. Aug 13, 20268-K Entered a material agreement; New debt or obligation; Unregistered sale of shares41
  2. Aug 6, 20268-K Results of operations; Regulation FD disclosure42
  3. Jul 1, 20268-K Executive or director change; Shareholder vote43
  4. Jun 30, 20268-K Executive or director change; Shareholder vote44
  5. May 7, 20268-K Results of operations; Regulation FD disclosure45
  6. May 7, 20268-K Results of operations; Exit or restructuring costs; Regulation FD disclosure46
  7. Feb 10, 20268-K Results of operations; Regulation FD disclosure47
  8. Feb 10, 20268-K Executive or director change48
  9. Oct 30, 20258-K Results of operations; Regulation FD disclosure49
  10. Jul 31, 20258-K Results of operations; Regulation FD disclosure50
  11. Jun 17, 20258-K Entered a material agreement; New debt or obligation; Unregistered sale of shares51
  12. Jun 9, 20258-K Shareholder vote52
  13. Sep 13, 2019Went public Listed on NYSE1
  14. Nov 2009Founded Founded in San Francisco1
  15. Jul 2009New chief executive Matthew Prince becomes CEO1

Calendar

Coming up

  1. Nov 5, 2026 · After the closeReports results for the quarter ending Sep/2026 A year earlier it reported ($0.01) a share, on Oct 30, 2025.53

When it reported results

  1. Aug 6, 2026Reported quarterly or annual results42
  2. May 7, 2026Reported quarterly or annual results45
  3. May 7, 2026Reported quarterly or annual results46
  4. Feb 10, 2026Reported quarterly or annual results47
  5. Oct 30, 2025Reported quarterly or annual results49
  6. Jul 31, 2025Reported quarterly or annual results50
  7. May 8, 2025Reported quarterly or annual results54
  8. Feb 6, 2025Reported quarterly or annual results55

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

928 filings to the SEC since October 2021: 6 annual reports, 15 quarterly reports, 41 major events, 595 insider forms, 42 large holders, 229 other. The latest 20:

  1. Oct 7, 20264 EDGAR
  2. Oct 5, 2026144 EDGAR
  3. Sep 23, 20264 EDGAR
  4. Sep 22, 2026144 EDGAR
  5. Sep 21, 20264 EDGAR
  6. Sep 17, 2026144 EDGAR
  7. Sep 15, 20264 EDGAR
  8. Sep 15, 20264 EDGAR
  9. Sep 8, 20264 EDGAR
  10. Aug 21, 20264 EDGAR
  11. Aug 21, 20264 EDGAR
  12. Aug 19, 20264 EDGAR
  13. Aug 19, 20264 EDGAR
  14. Aug 19, 20264 EDGAR
  15. Aug 18, 20264 EDGAR
  16. Aug 18, 20264 EDGAR
  17. Aug 18, 2026144 EDGAR
  18. Aug 18, 20264 EDGAR
  19. Aug 18, 20264 EDGAR
  20. Aug 18, 20264 EDGAR

The 928 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

640 open-market trades by officers, directors and large owners since October 2021: 1 buys and 639 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Sep 22, 2026Ledbetter CarlDirectorSale5,000$353.15$1.8MForm 4
Sep 17, 2026SEIFERT THOMAS JChief Financial OfficerSale10,000$332.46$3.3MForm 4
Sep 14, 2026Ledbetter CarlDirectorSale5,000$312.22$1.6MForm 4
Sep 8, 2026Zatlyn MichellePRESIDENT & BOARD CO-CHAIRSale33,003$277.43$9.2MForm 4
Sep 4, 2026Zatlyn MichellePRESIDENT & BOARD CO-CHAIRSale33,003$281.67$9.3MForm 4
Sep 3, 2026Zatlyn MichellePRESIDENT & BOARD CO-CHAIRSale33,003$278.92$9.2MForm 4
Aug 21, 2026Zatlyn MichellePRESIDENT & BOARD CO-CHAIRSale33,003$277.43$9.2MForm 4
Aug 20, 2026Zatlyn MichellePRESIDENT & BOARD CO-CHAIRSale33,003$285.06$9.4MForm 4
Aug 19, 2026Zatlyn MichellePRESIDENT & BOARD CO-CHAIRSale33,003$294.63$9.7MForm 4
Aug 18, 2026Starzak Alissa MichelleChief Legal OfficerSale2,538$304.68$773.3KForm 4
Aug 18, 2026Riley JanelChief Accounting OfficerSale3,481$305.27$1.1MForm 4
Aug 17, 2026Starzak Alissa MichelleChief Legal OfficerSale3,333$310.15$1.0MForm 4
Aug 17, 2026Riley JanelChief Accounting OfficerSale1,667$310.36$517.4KForm 4
Aug 17, 2026SEIFERT THOMAS JChief Financial OfficerSale10,000$307.32$3.1MForm 4
Aug 10, 2026Graham-Cumming JohnDirectorSale2,520$303.97$766.0KForm 4
Aug 6, 2026Ledbetter CarlDirectorSale5,000$281.98$1.4MForm 4
Aug 5, 2026Prince MatthewCEO & Board Co-ChairSale33,631$296.10$10.0MForm 4
Aug 5, 2026Prince MatthewCEO & Board Co-ChairSale18,752$296.10$5.6MForm 4
Aug 4, 2026Prince MatthewCEO & Board Co-ChairSale32,282$298.44$9.6MForm 4
Aug 4, 2026Prince MatthewCEO & Board Co-ChairSale20,101$296.89$6.0MForm 4

All 640 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2025Matthew Prince51$537.5K$60.6M68
2025Michelle Zatlyn46$537.5K$60.0M68
2025Thomas Seifert62$750.0K$10.7M68
2025Douglas Kramer$650.0K$5.6M68
2024Chief Financial Officer$741.7K$10.9M68
2024Former Chief Legal Officer and Secretary$641.7K$5.7M68
2024Chief Executive Officer$400.0K$2.1M68
2024President$400.0K$1.4M68
2023Chief Executive Officer$400.0K$20.5M68
2023President$400.0K$20.1M68
2023Chief Financial Officer$650.0K$17.1M68
2023Former Chief Legal Officer and Secretary$550.0K$9.1M68

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Capital World Investors24,325,692$6.0B0.7%+1,590,123
BlackRock, Inc.21,598,907$5.3B0.1%+504,625
Vanguard Portfolio Management LLC16,819,726$4.1B0.2%+779,837
Morgan Stanley15,258,327$3.7B0.2%−624,994
Baillie Gifford & Co14,598,594$3.6B3.2%−1,325,829
Vanguard Capital Management LLC14,430,365$3.5B0.1%+714,169
Fmr LLC12,655,471$3.1B0.1%−904,980
Capital International Investors10,981,005$2.7B0.6%+87,840
State Street Corp7,420,765$1.8B0.1%+242,046
Geode Capital Management, LLC5,963,905$1.5B0.1%−29,524
Jennison Associates LLC5,419,068$1.3B0.8%+1,024,584
Jpmorgan Chase & Co5,269,562$1.3B0.1%−633,183
American Century Companies Inc4,286,156$1.1B0.5%+658,901
Wellington Management Group Llp4,048,753$993.1M0.2%+37,923
First Trust Advisors LP3,756,643$921.4M0.5%−17,383
Franklin Resources Inc3,729,976$914.9M0.2%+379,201
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main3,677,783$902.1M0.7%−824,979
Norges Bank3,596,888$882.2M0.1%New
Sands Capital Management, LLC3,239,504$794.6M3.0%−422,245
Invesco Ltd.3,103,792$761.3M0.1%−9,733
Goldman Sachs Group Inc3,071,969$753.5M0.1%+619,603
Legal & General Group Plc2,641,523$647.9M0.1%−312,651
Two Sigma Investments, LP2,586,183$634.3M0.5%−233,654
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC2,418,577$593.2M0.1%−125,466
Voya Investment Management LLC2,322,031$569.3M0.5%−559,106

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

12 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Aug 18, 2026Gilbert Ray Cisneros, Jr.Democratic, HousePartial sale$1,001 - $15,000−4.4%Report
Feb 4, 2026Josh GottheimerDemocratic, HouseSale$1,001 - $15,000−77.1%Report
Jan 30, 2026Gilbert Ray Cisneros, Jr.Democratic, HouseBuy$1,001 - $15,000+66.8%Report
Dec 24, 2025Gilbert Ray Cisneros, Jr.Democratic, HouseSale$1,001 - $15,000−44.3%Report
Nov 18, 2025Gilbert Ray Cisneros, Jr.Democratic, HouseBuy$1,001 - $15,000+44.0%Report
Oct 17, 2025Gilbert Ray Cisneros, Jr.Democratic, HouseBuy$1,001 - $15,000+34.5%Report
Sep 12, 2025Gilbert Ray Cisneros, Jr.Democratic, HouseBuy$1,001 - $15,000+25.5%Report
Jun 20, 2025Josh GottheimerDemocratic, HouseBuy$1,001 - $15,000+46.5%Report
May 12, 2025Jefferson ShreveRepublican, HouseSale$15,001 - $50,000−89.8%Report
Apr 8, 2025Robert P. Bresnahan, Jr.Republican, HouseSale$1,001 - $15,000−169.1%Report
Apr 4, 2025Robert P. Bresnahan, Jr.Republican, HouseSale$1,001 - $15,000−173.1%Report
Feb 10, 2025Robert P. Bresnahan, Jr.Republican, HouseBuy$1,001 - $15,000+55.8%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

SEC filer profile

How Cloudflare is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARCloudflare, Inc.2
  • CIK0001477333
  • Employer ID (EIN)27-080582920
  • Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company20
  • Incorporated inDelaware20
  • Fiscal year endsDecember 312
  • Industry code (SIC)7372 Services-Prepackaged Software2
  • SEC reviewing officeOffice of Technology, Division of Corporation Finance2
  • Business address101 Townsend St., San Francisco, CA 941072
  • Phone888.993.52732
  • Shares outstanding317,576,096 Common Class A shares; 34,404,202 Common Class B shares as of Feb 12, 202620
  • Public float$35.7B as of Jun 30, 202520
  • AuditorKPMG LLP, Santa Clara, California PCAOB ID 185; it also attests to the company’s internal control over financial reporting20
  • On EDGAR sinceNov 23, 20092
  • Filings1,226 in all: 4 (801), 144 (203), 8-K (52), SC 13G/A (33), 3 (22), 10-Q (21), SC 13G (15), SCHEDULE 13G/A (12)2
    All 34 form types

    DEFA14A (8), S-8 (8), 10-K (7), DEF 14A (7), 4/A (4), ARS (4), 8-K/A (3), CORRESP (2), DRS/A (2), DRSLTR (2), PRE 14A (2), S-1/A (2), SCHEDULE 13G (2), UPLOAD (2), 10-K/A (1), 40-APP (1), 424B4 (1), 8-A12B (1), APP NTC (1), APP ORDR (1), CERT (1), D (1), DRS (1), EFFECT (1), FWP (1), S-1 (1)

  • Latest filingsAnnual report (10-K) Feb 26, 2026
    Quarterly report (10-Q) Aug 6, 2026
    Proxy statement (DEF 14A) Jun 9, 2026
    Latest 8-K (8-K) Aug 13, 2026

Securities registered for trading

ClassSymbolExchange
Class A Common Stock, $0.001 par valueNETThe New York Stock Exchange

From the cover page of the 10-K filed Feb 26, 2026 (Section 12(b) of the Exchange Act).20

Risk factors and legal proceedings

The risks Cloudflare names in Item 1A of its 10-K filed Feb 26, 2026: 73 risks under these headings, as written.20

  • Our business involves significant risks, some of which are described below. You should carefully consider the risks and uncertainties described below, together with all of the other information in this Annual Report on Form 10-K, including the section titled “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and our consolidated financial statements and related notes. Any of the following risks could have an adverse effect on our business, results of operations, financial condition, or prospects, and could cause the trading
  • price of our Class A common stock to decline. Our business, results of operations, financial condition, or prospects could also be harmed by risks and uncertainties that are not presently known to us or that we currently believe are not material. In that event, the market price of our Class A common stock could decline, and you could lose part or all of your investment. Our Risk Factors are not guarantees that no such conditions exist as of the date of this report and should not be interpreted as an affirmative statement that such risks or conditions have not materialized, in whole or in part.
  • Risks Related to Our Business and Our Industry
  • We have a history of net losses and may not be able to achieve or sustain profitability in the future.
  • We have experienced rapid revenue growth, which may not be indicative of our future performance.
  • Adverse economic conditions, including reduced spending on products and solutions for network security, performance, and reliability, may adversely impact our revenue and profitability.
  • Conflicts and geopolitical tension around the world or any worsening or expansion of those conflicts or tensions, other geopolitical events such as elections and other governmental changes, and any related challenging macroeconomic conditions globally and in various countries in which we and our customers operate may materially adversely affect our customers, vendors, and partners, and the duration and extent to which these factors may impact our future business and operations, results of operations, financial condition, and cash flows remain uncertain.
  • If we are unable to attract new paying and free customers, our future results of operations could be harmed.
  • Our business depends on our ability to retain and upgrade paying customers, expand the number of products we sell to paying customers and, for certain of our products, expand our paying customers' usage of such products, and, to a lesser extent, convert free customers to paying customers, and any decline in renewals, upgrades, expansions, usage, or conversions could adversely affect our future results of operations.
  • If we are unable to effectively attract, expand, and retain sales to large customers, or we fail to mitigate the additional risks associated with serving large customers, our business, results of operation, and financial condition may suffer.
  • Activities of our paying and free customers or the content of their websites or other Internet properties, as well as our response to those activities, could cause us to experience significant adverse political, business, and reputational consequences with customers, employees, suppliers, government entities, and others.
  • Although offering a free plan for certain of our products is an important part of our business strategy, we may not be able to realize all of the expected benefits of this strategy and the costs and other detriments associated with our free plan could outweigh the benefits we receive from our free customers.
The other 62 risks
  • We face intense and increasing competition, which could adversely affect our business, financial condition, and results of operations.
  • If we do not effectively attract, train, and retain our sales force to be able to sell our existing and new products and product features, we may be unable to add new contracted customers, or increase sales to our existing customers and our business would be adversely affected.
  • If we fail to effectively manage our growth, we may be unable to execute our business plan, maintain high-quality levels of customer support, ensure the reliability and security of our network, adequately address competitive challenges, or maintain our corporate culture, and our business, financial condition, and results of operations would be harmed.
  • Our quarterly results may fluctuate significantly and may not fully reflect the underlying performance of our business.
  • We rely on our co-founders and other key technical, sales, and management personnel to grow our business, and the loss of one or more key employees or the inability to successfully attract, integrate, and retain qualified senior management and other personnel, or the failure of new members of our management team to successfully lead and scale our business, could harm our business.
  • We believe our long-term value as a company will be greater if we focus on growth, which may negatively impact our profitability.
  • If we are not able to maintain and promote our brand, our business and results of operations may be adversely affected.
  • We have limited experience with some of our pricing models, particularly for our newer products and solutions as well as bundled sales of our products and solutions, and we may not accurately predict the long-term rate of paying customer adoption or renewal, or the impact these will have on our revenue or results of operations.
  • Our growth depends, in part, on the success of our strategic relationships with third parties, and if we fail to continue to expand, grow, and retain these relationships then our business, results of operations, and financial condition may be adversely impacted.
  • Our ability to maintain customer satisfaction depends in part on the quality of our customer support. Failure to maintain high-quality customer support could have an adverse effect on our business, results of operation, and financial condition.
  • Our business depends, in part, on sales to the United States and foreign government organizations, which are subject to a number of challenges and risks.
  • We rely on third-party software for certain essential financial and operational services, and a failure or disruption in these services could materially and adversely affect our ability to manage our business effectively.
  • Our business is exposed to risks associated with credit card and other online payment processing methods.
  • Because we recognize revenue from subscriptions for our products over the term of the subscription, downturns or upturns in new business may not be immediately reflected in our results of operations and may be difficult to discern.
  • If our estimates, assumptions, or judgments relating to our critical accounting policies prove to be incorrect or financial reporting standards or interpretations change, our results of operations could be adversely affected.
  • Future acquisitions, strategic investments, partnerships, or alliances could be difficult to identify and integrate, divert the attention of key management personnel, disrupt our business, dilute stockholder value, and adversely affect our results of operations, financial condition, and prospects.
  • Certain of our key business metrics could prove to be inaccurate, and any real or perceived inaccuracies may harm our reputation and negatively affect our business.
  • We may need additional capital, and we cannot be certain that additional financing will be available on favorable terms, or at all.
  • Risks Related to Our Network and Products
  • We may not be able to respond to rapid technological changes or develop new products and product features that are attractive to, and that contain all of the capabilities required by, our current and prospective future customers, especially large customers.
  • Problems with our internal systems, networks, or data, including actual or perceived breaches or failures, could cause our network or products to be perceived as insecure, underperforming, or unreliable, our customers to lose trust in our network and products, our reputation to be damaged, and our financial results to be negatively impacted.
  • If our global network that delivers our products or the core co-location facilities we use to operate our network are damaged, interfered with, or otherwise fail to meet the requirements of our business or local regulations, our ability to provide access to our network and products to our customers and maintain the performance of our network could be negatively impacted, which could cause our business, results of operations and financial condition to suffer.
  • If our customers’ or partners’ access to our network and products is interrupted or delayed for any reason, our business could suffer.
  • Abuse, misuse, or other unauthorized use of our internal network, including network services tools, could cause significant harm to our business and reputation.
  • Detrimental changes in, or the termination of, any of our co-location relationships, ISP partnerships, or our other interconnection relationships with ISPs could adversely impact our business, results of operations, and financial condition.
  • If our network and products do not interoperate with our customers’ internal networks and infrastructure or with third-party products, websites, or services, our network may become less competitive and our results of operations may be harmed.
  • We rely on a limited number of suppliers for certain components of the equipment we use to operate our network and any disruption in the availability, or price, of these components could delay our ability to expand or increase the capacity of our global network, replace defective equipment, or identify alternative supply sources favorable to us.
  • The actual or perceived failure of our products to block malware or prevent a security breach or incident could harm our reputation and adversely impact our business, results of operations, and financial condition.
  • We may choose to make public disclosures in press releases, on our website and blog, through social media, and in other ways about our network, systems, products, and technology, which may include negative events, when we are not otherwise required by applicable law and those disclosures could materially and adversely impact our business, reputation, and results of operations.
  • We provide service level commitments under our Enterprise subscription plan customer contracts and our Business subscription plan terms of service. If we fail to meet these contractual commitments, we could be
  • obligated to provide credits for future service or allow customers to terminate their subscriptions and our business could suffer.
  • If our products do not obtain and maintain market acceptance, our ability to grow our business and our results of operations may be adversely affected.
  • We expect to hold periodically certain types of cryptocurrency and similar types of digital assets that may be subject to unique regulatory risks, volatile market prices, and risks of loss, which could harm our business and reputation.
  • Risks Related to Legal, Tax, and Regulatory Matters
  • Activities of our paying and free customers or the content of their websites and other Internet properties may violate applicable laws and/or our terms of service and could subject us to lawsuits, regulatory enforcement actions, and/or liability in various jurisdictions.
  • Our policies regarding user privacy could cause us to experience adverse business and reputational consequences with customers, employees, suppliers, government entities, and other third parties.
  • Our business could be adversely impacted by changes in Internet access for our customers as a result of competitive behavior or laws specifically governing the Internet.
  • Failure to comply with laws and regulations applicable to our business could subject us to fines and penalties and could also cause us to lose customers or otherwise harm our business.
  • Our actual or perceived failure to comply with privacy, data protection, information security, AI, and other applicable laws, regulations, and obligations could harm our business.
  • We are subject to anti-corruption, anti-bribery, and similar laws, and noncompliance with such laws can subject us to criminal penalties or significant fines and harm our business and reputation.
  • We may face fines, penalties, or other costs, either directly or vicariously, if any of our partners, resellers, contractors, vendors or other third parties fail to adhere to their compliance obligations under our policies and applicable law.
  • We may have exposure to greater than anticipated income tax liabilities in the United States and in foreign jurisdictions, requiring us to exercise judgment in determining the applicability of certain tax laws, and this could subject us to potentially adverse tax consequences and adversely impact our results of operations.
  • Our results of operations may be harmed if we are required to collect sales and use, value-added, or similar taxes for our products in jurisdictions where we have not historically done so.
  • Our ability to use our net operating loss carryforwards and certain other tax attributes may be limited.
  • If we are deemed an investment company under the Investment Company Act of 1940, as amended (the 1940 Act), applicable restrictions could make it impractical for us to continue our business as contemplated and could have a material adverse effect on our business, results of operations, and financial condition.
  • Risks Related to International Operations
  • Our international operations expose us to significant risks, and failure to manage those risks could materially and adversely impact our business and results of operations.
  • We are exposed to fluctuations in currency exchange rates, which could negatively affect our results of operations.
  • Our business could be adversely impacted by the decision of foreign governments, Internet service providers, or others, to block transmission from Cloudflare IP addresses or domains in order to enforce certain Internet content blocking efforts.
  • Our network presence within China is dependent upon our commercial relationship with JD Cloud, and any detrimental changes in, or the termination of, that relationship could jeopardize our ability to offer an integrated global network that includes China.
  • We are subject to governmental trade sanctions laws, and export and import controls, that could impair our ability to compete in international markets and subject us to liability if we are not in full compliance with applicable laws.
  • Risks Related to Intellectual Property
  • We are currently, and may be in the future, party to intellectual property rights claims and other litigation matters that, if resolved adversely, could have a material impact on our business, results of operations, or financial condition.
  • Indemnity provisions in various agreements potentially expose us to substantial liability for intellectual property infringement and other losses.
  • Our failure to protect our intellectual property rights and proprietary information could diminish our brand and other intangible assets.
  • We depend and rely upon software and technologies licensed from third parties to operate our business, and interruptions or the unavailability of these technologies may adversely affect our products, network, business, and results of operations.
  • Some of our technology incorporates “open source” software, we license some of our software through open source projects and we voluntarily make available some of our software on an open source basis, which could negatively affect our ability to sell our products, subject us to possible litigation, and be used by other companies to compete against us.
  • Risks Related to Ownership of Our Class A Common Stock
  • The trading price of our Class A common stock may be volatile, and you could lose all or part of your investment.
  • The dual class structure of our common stock has the effect of concentrating voting control with those stockholders who held our capital stock prior to the completion of our initial public offering, and it may depress the trading price of our Class A common stock.
  • Substantial future sales could depress the market price of our Class A common stock.
  • We have broad discretion over the use of the net proceeds from our financing activities, and we may not use them effectively.
  • Delaware law and provisions in our amended and restated certificate of incorporation and amended and restated bylaws could make a merger, tender offer, or proxy contest difficult, thereby depressing the market price of our Class A common stock.
  • Our amended and restated bylaws provide that the Court of Chancery of the State of Delaware and the federal district courts of the United States will be the exclusive forums for substantially all disputes between us and our stockholders, which could limit our stockholders’ ability to choose the judicial forum for disputes with us or our directors, officers or employees.
  • Our Class A common stock market price and trading volume could decline if equity or industry analysts do not publish research or publish inaccurate or unfavorable research about our business.
  • An active trading market for our Class A common stock may not be sustained.
  • We do not intend to pay dividends for the foreseeable future.
  • Risks Related to our Indebtedness

Legal proceedings

From time to time we are subject to legal proceedings and claims arising in the ordinary course of business. We are not presently a party to any legal proceeding that we believe is likely to have a material impact on our business, results of operations, or financial condition.

Future litigation may be necessary, among other things, to defend ourselves or our customers by determining the scope, enforceability, and validity of third-party proprietary rights or to establish our proprietary rights. The results of any litigation cannot be predicted with certainty, particularly in the areas of unsettled and evolving law in which we operate, and an unfavorable resolution in any legal proceedings could materially affect our future business, results of operations, or financial condition. Regardless of the outcome, litigation can have an adverse impact on us because of defense and settlement costs, diversion of management resources, and other factors. For additional information, see "Risk Factors - Activities of our paying and free customers or the content of their websites and other Internet properties may violate applicable laws and/or our terms of service and could subject us to lawsuits, regulatory enforcement actions, and/or liability in various jurisdictions" and "We are currently, and may be in the future, party to intellectual property rights claims and other litigation matters that, if resolved adversely, could have a material impact on our business, results of operations, or financial condition" and Note 8 to the consolidated financial statements included in this Annual Report on Form 10-K.

The opening of Item 3, Legal Proceedings.20

Sources

The numbers on this page point here. Each one links to the record it came from.

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    Wikidata and SEC EDGARMark Hawkins, Board member
  33. 33
    Wikidata and SEC EDGARKatrin Suder, Board member
  34. 34
    Wikidata and SEC EDGARMark Anderson, Board member
  35. 35
    Wikidata and SEC EDGARMaria Eitel, Board member
  36. 36
    Wikidata and SEC EDGARStanley Meresman, Board member
  37. 37
    Wikidata and SEC EDGARScott Sandell, Board member
  38. 38
    Wikidata and SEC EDGARCarl Ledbetter, Board member
  39. 39
    Wikidata and SEC EDGARMichelle Zatlyn, Board member
  40. 40
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