Cloudflare Announces Fourth Quarter and Fiscal Year 2022 Financial Results
Growth does not appear to be a concern for them during recession
- Fourth quarter revenue totaled $274.7 million, representing an increase of 42% year-over-year; fiscal year 2022 revenue totaled $975.2 million, representing an increase of 49% year-over-year
- Delivered GAAP loss from operations of $50.7 million, or 18.5% of total revenue, and record non-GAAP income from operations of $16.8 million, or 6.1% of total revenue
- Achieved record operating cash flow and record free cash flow for the fourth quarter; operating cash flow was $78.1 million, or 28% of total revenue, and free cash flow was $33.7 million, or 12% of total revenue
It is quite impressive that the recession does not seem to have any impact on this company.
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Hi, I'm Shih-Min. I am a software engineer that deals with highly-scalable, distributed and fault-tolerant systems.
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