# Cloudflare Raises 2026 Revenue Outlook as Third-Quarter Growth Hits 39% By John Kim Canonical URL: https://www.tokenpost.com/news/business/50038 Published: 2026-11-06T11:26:39.000Z Updated: 2026-11-06T11:26:39.000Z Section: Business > Revenue rose 39% year over year in the third quarter. Shares gained 15.17% to $281.60 in premarket trading at 6 a.m. ET Friday (11:00 UTC). Cloudflare shares climbed 15.17% to $281.60 in premarket trading at 6 a.m. ET Friday (11:00 UTC), after the company raised its fiscal 2026 revenue outlook. The stock closed Thursday at $244.51. Revenue for the quarter ended Sept. 30 totaled $782.5 million, up 39% from a year earlier. Growth accelerated from 36% in the second quarter, when revenue was $696.1 million. CEO Matthew Prince called the third quarter the company’s “best quarter ever.” Cloudflare now expects fiscal 2026 revenue of $2.963 billion to $2.964 billion, up from its previous range of $2.864 billion to $2.870 billion. It forecast fourth-quarter revenue of $845 million to $846 million. Non-GAAP net income was $143.7 million, or 38 cents per diluted share. The company recorded a GAAP net loss of $34.1 million, or 10 cents per share, compared with a $1.3 million loss and no loss per share in the year-earlier quarter. Non-GAAP operating income rose to $137.1 million, equal to 17.5% of revenue, from $85.9 million, or 15.3%, a year earlier. GAAP gross margin declined to 71.2% from 74%. The earnings update follows [J.P. Morgan’s rating upgrade after a recent pullback in Cloudflare shares](). ## Links in this article - [J.P. Morgan’s rating upgrade after a recent pullback in Cloudflare shares](https://www.tokenpost.com/news/investing/47902)