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BTCC / BTCC Square / Global Cryptocurrency /
Cloudflare Posts Strong Q2 Growth Amid Rising Enterprise Adoption

Cloudflare Posts Strong Q2 Growth Amid Rising Enterprise Adoption

Author:
Global Cryptocurrency
Published:
2025-08-01 08:25:01
7
2
BTCCSquare news:

Cloudflare delivered a robust second-quarter performance with revenue climbing 28% year-over-year to $512.3 million, surpassing analyst estimates. The network security provider now counts 3,712 large customers spending over $100,000 annually—a 22% increase that demonstrates deepening enterprise relationships.

The company's dollar-based net retention rate improved to 114%, signaling existing clients are expanding their usage of Cloudflare's growing product suite. "We're seeing the strongest investment levels from major customers since 2022," CEO Matthew Prince noted, though GAAP losses widened to $50.4 million amid rising operational costs.

|Square

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