Earnings call briefSecond-quarter 2026

Cloudflare now expects up to $165 million in 2026 restructuring charges

Excluding the higher charges, Cloudflare said its 2026 free cash flow outlook remains unchanged.

GetSignal Cloudflare NET

Cloudflare said on its second-quarter call that it now expects up to $165 million of 2026 severance and other restructuring charges, higher than initially anticipated, with up to $130 million expected to be cash related.

The company also said it expects full-year 2026 diluted net income per share of $1.25 to $1.26 and network CapEx of 14% to 15% of revenue.

Quotes from the call

“For full year 2026, we now expect severance and other restructuring charges of up to $165 million with up to $130 million expected to be cash related.”

Thomas Seifert, CFO

Key facts from the call

2026 severance and restructuring charges
Up to $165 million
Expected cash portion of 2026 charges
Up to $130 million
Full-year 2026 diluted net income per share outlook
$1.25 to $1.26
Full-year 2026 network CapEx outlook
14% to 15% of revenue

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Source: Cloudflare's second-quarter 2026 earnings call, August 6, 2026.

Written by GetSignal with AI from the company's earnings call.

Not investment advice.

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