Cloudflare Announces Fourth Quarter and Fiscal Year 2022 Financial Results

https://cloudflare.net/news/news-details/2023/Cloudflare-Announces-Fourth-Quarter-and-Fiscal-Year-2022-Financial-Results/default.aspx

• 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.

$net