Cloudflare, Inc. Class A Common Stock (NET) scored on five pillars from its reported financial statements, and ranked against 260 Technology companies.
Cloudflare, Inc. Class A Common Stock (NET) scores 4.2 out of 10 as of , computed from its reported financial statements. That reads as mixed quality. The reading rests on solvency, and profitability is what holds it back.
One pillar, growth, is unscored because the filings behind it carry too little to judge. It is shown as a dash rather than a zero, and the overall score is the weighted average of what could be scored.
Data provided by Twelve Data. Scores are computed by Lemma Analysis from reported financials.
We cannot judge Cloudflare, Inc. Class A Common Stock yet, because fewer than five years had both a return on capital and a cost of capital we could measure. This is not a “no”.
Quantitative signs of a moat, read from the filed statements. This is not a judgement of where it comes from (brand, network effects, switching costs). How Lemma measures a moat →
As of October 16, 2026, Cloudflare, Inc. Class A Common Stock scores 4.2 out of 10 on the Lemma Quality Score, a reading of mixed quality. In this band one or two pillars are usually holding the score up while others drag it down, which the breakdown below makes visible. Nothing in it comes from the share price or from forecasts: it is Cloudflare, Inc. Class A Common Stock’s own reported numbers, scored pillar by pillar.
Set against 260 Technology companies, Cloudflare, Inc. Class A Common Stock lands at the 24th percentile, among the weakest quarter of its peers. A typical company in the group scores 5.9, and the best quarter starts from 6.7. Cloudflare, Inc. Class A Common Stock is well below that typical reading.
Cloudflare, Inc. Class A Common Stock’s profitability score is 1.8 out of 10 (weak). Against a median of 4.6 among 252 Technology companies, that is well below the group and the 16th percentile. Low margins and returns leave little cushion, so a downturn or a cost increase reaches the bottom line quickly.
Cloudflare, Inc. Class A Common Stock’s solvency score is 6.2 out of 10 (average). Against a median of 8.0 among 194 Technology companies, that is well below the group and the 27th percentile. An average solvency reading suggests debt is present but manageable, the normal state for a company that borrows to fund its operations.
Growth has no score for Cloudflare, Inc. Class A Common Stock. Fewer than half of the pillar’s metric weight could be computed from the reported statements, so it is drawn as a dash and left out of the overall rather than counted as a zero. For context, the median growth score across 207 Technology companies is 6.4. Growth needs at least three years of comparable annual statements, so a short or interrupted history leaves it blank.
Efficiency scores 5.7 out of 10, which reads as average. The median across 240 Technology companies is 7.1, so Cloudflare, Inc. Class A Common Stock is below its peers on this pillar and ranks at the 23rd percentile. Middling efficiency is unremarkable on its own, though improvements here tend to show up in free cash flow first.
On predictability, Cloudflare, Inc. Class A Common Stock scores 4.2, an average reading. Its peers have a median of 4.7 across 258 Technology companies, which places it below them, at the 38th percentile. Consistency near the median is typical, and it is worth checking whether the swings came from the business itself or from one-off items.
The gap between Cloudflare, Inc. Class A Common Stock’s best and worst pillar is wide: solvency at 6.2 against profitability at 1.8, 4.4 points apart. An average of two readings this different deserves a closer look than the headline number. Leading with solvency is a defensive strength: it protects the business more than it grows it. Weak profitability can be cyclical, so it helps to know whether margins are at a low point or a long-run level.
Closing the gap on profitability would do the most for the overall. At the median of Technology companies, 4.6, Cloudflare, Inc. Class A Common Stock would score about 5.1 instead of 4.2. With one pillar unscored, the overall rests on 80 of the 100 weight points, spread across the four pillars that could be measured (the full set is profitability 25, solvency 20, growth 20, efficiency 15, predictability 20).
For a fair comparison, start with companies of a similar size: the Technology companies below are nearest to Cloudflare, Inc. Class A Common Stock by market value, each scored on the same pillars.
How much profit the company generates from its capital and sales.
The company’s ability to service debt and meet its obligations.
How fast revenue, earnings and cash flow are compounding.
How well assets and earnings convert into cash and output.
How stable and consistent results have been over time.
Each metric is scored from 0 to 10 against sector-aware benchmarks, where higher is better. Metrics roll up into five pillars, and the pillars combine into the overall score using the weights shown. Sector-sensitive metrics are judged relative to peers in the same sector.
This score is a systematic, backward-looking read of reported fundamentals. It does not judge valuation, management quality, competitive moat, or future prospects, and can be distorted by one-off items or unusual accounting. Treat it as a starting point, not a recommendation.
Educational only. Not investment advice.
On this reading Cloudflare, Inc. Class A Common Stock scores 4.2 out of 10, which reads as mixed quality. Its strongest pillar is solvency, its weakest is profitability. Quality is not the same as a good investment: the score says nothing about the price you would pay.
Cloudflare, Inc. Class A Common Stock ranks at the 24th percentile of the 260 Technology companies Lemma publishes a score for. The median there is 5.9 and the top quarter starts at 6.7, against Cloudflare, Inc. Class A Common Stock’s 4.2.
Five pillars, each scored from 0 to 10 against sector-aware benchmarks and then weighted into one overall reading: profitability, solvency, growth, efficiency and predictability. Everything comes from reported financials, and nothing comes from price, sentiment or forecasts.
This page last changed on October 16, 2026. The score moves with the financial statements, so the page changes when a new filing moves the reading rather than on a schedule. Live figures for NET are in the app.
No. Quality and valuation are separate questions, and a good business at the wrong price is still a bad purchase. Score the business here, then price it with a DCF you control.
Inside Lemma Analysis the same five pillars run on every company we cover, with the metrics behind each one, current fundamentals, a DCF you control and a watchlist that tells you when the price catches up.
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