Cloudflare (FRA:8CF) FCF Margin %: 13.14% (As of Mar. 2026)


FRA:8CF Cloudflare Inc FRA:8CF
78 GF Score
Price €194.80
GF Value €148.24
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Cloudflare FCF Margin %?

Cloudflare FRA:8CF +0.21% 78 FCF Margin % is 13.14% as of Mar. 2026. GuruFocus rates FRA:8CF with a GF Score™ of 78/100 and a GF Value™ of €148.24 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,814 Software companies, Cloudflare ranks better than 75.05% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Cloudflare's Free Cash Flow for the three months ended in Mar. 2026 was €73 Mil. Cloudflare's Revenue for the three months ended in Mar. 2026 was €553 Mil. Therefore, Cloudflare's FCF Margin % for the quarter that ended in Mar. 2026 was 13.14%.

As of today, Cloudflare's current FCF Yield % is 0.36%.

The historical rank and industry rank for Cloudflare's FCF Margin % or its related term are showing as below:

FRA:8CF' s FCF Margin % Range Over the Past 10 Years
Min: -40.55   Med: -10.62   Max: 12.51
Current: 12.51


During the past 10 years, the highest FCF Margin % of Cloudflare was 12.51%. The lowest was -40.55%. And the median was -10.62%.

FRA:8CF's FCF Margin % is ranked better than
75.05% of 2814 companies
in the Software industry
Industry Median: 2.41 vs FRA:8CF: 12.51


Cloudflare FCF Margin % Related Terms


Cloudflare FCF Margin % Historical Data

* Premium members only.

The historical data trend for Cloudflare's FCF Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Cloudflare FCF Margin % Chart

Cloudflare Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.56 -4.08 9.21 10.00 12.02

Cloudflare Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
FCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.03 6.50 13.34 16.18 13.14

FRA:8CF vs SNPS, FTNT, CRWV: FCF Margin % Comparison

For the Software - Infrastructure subindustry, Cloudflare's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cloudflare FCF Margin % vs Software Industry

For the Software industry and Technology sector, Cloudflare's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Cloudflare's FCF Margin % falls into.


FRA:8CF
78GF Score
Cloudflare Inc FRA:8CF
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cloudflare FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Cloudflare's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=222.52/1851.418
=12.02 %

Cloudflare's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=72.724/553.388
=13.14 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about FCF Margin % →
What does a FCF Margin % of 13.14% mean?
Cloudflare (FRA:8CF) has a FCF Margin % of 13.14% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Cloudflare and its competitors. According to the industry distribution chart, Cloudflare ranks #702 out of 2814 companies in the Software industry, placing it in the top 24.9%.
Is Cloudflare's FCF Margin % too high?
Cloudflare's current FCF Margin % is 13.14%. The Software industry median FCF Margin % is 2.41. Cloudflare's value of 13.14% is 445.2% above this industry median. Based on the distribution chart, Cloudflare ranks #702 out of 2814 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Cloudflare has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cloudflare's FCF Margin % compare to SNPS and FTNT?
According to the Software industry distribution chart, Cloudflare ranks #702 out of 2814 companies for FCF Margin %. This places Cloudflare in the top 25% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 2.41. Cloudflare's value of 13.14% is 445.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Software company?
The median FCF Margin % among Software companies is 2.41, based on 2,814 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cloudflare's current FCF Margin % of 13.14% is 445.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Cloudflare and its competitors. For the Software industry, the median FCF Margin % is 2.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cloudflare's current FCF Margin % is 13.14%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cloudflare stock overvalued right now?
Based on GuruFocus' analysis, Cloudflare (FRA:8CF) is currently considered Significantly Overvalued. The stock's GF Value™ is €148.24, compared to a current price of €194.80 — trading 31.4% above its estimated fair value. The current FCF Margin % is 13.14% and 445.2% above the Software industry median of 2.41. Cloudflare's overall GF Score™ is 78/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Cloudflare (FRA:8CF), the current FCF Margin % is 13.14% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Cloudflare (FRA:8CF) Overvalued in 2026?

Based on GuruFocus' analysis, Cloudflare stock appears to be overvalued. The current stock price of €194.80 is trading 31.4% above its estimated GF Value™ of €148.24. GuruFocus considers Cloudflare to be Significantly Overvalued.

Key valuation signals for FRA:8CF:

  • FCF Margin %: 13.14%
  • GF Value™: €148.24 vs. price of €194.80 (31.4% above fair value)
  • GF Score™: 78/100 with 2 warning signs
  • Industry Position: 445.2% above the Software median (#702 of 2814)

No single metric tells the full story. See the FRA:8CF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cloudflare Business Description

Address 101 Townsend Street, San Francisco, CA, USA, 94107
Cloudflare is a software company based in San Francisco, California, that offers security and web performance offerings by utilizing a distributed, serverless content delivery network, or CDN. The firm's edge computing platform, Workers, builds on this infrastructure by enabling clients to deploy and run code without the need to manage or maintain servers.
78GF Score

Get the complete analysis for FRA:8CF

FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€194.80
Price
€148.24
GF Value