Cloudflare, Inc.
NETQ3 2024(NET Q2 FY2024)Estimated1.5% AI
AI Revenue %
1.5%
AI Fair Value
$551.9M
AI Revenue (Q)
$6.0M
Total Revenue (Q)
$401.0M
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.govAnalysis
NET Q2 CY2024 (ended Jun 30, 2024). 10-Q filing. Revenue = $400,996K ($401.0M). The filing does not mention AI, artificial intelligence, or any AI-specific products or revenue figures. Cloudflare continues to report a single operating segment. Workers AI is now GA with expanded model catalog (150+ models). AI Gateway processes billions of AI API requests. Vectorize is in production. Cloudflare for AI product suite is growing but remains a small fraction of total revenue. Enterprise customers are beginning to adopt Workers AI for edge inference use cases. Conservative estimate: ~$6.0M. Math: $6.0M / $401.0M = 1.50%.
Analyzed by claude-opus-4-6
Quoted Figures
The Company has determined it has a single operating segment.
10-Q for period ending Jun 30, 2024, Note 14 Segment and Geographic Information
AI Products Identified (Ring 1)
Workers AIAI GatewayVectorizeR2 (AI model storage)
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix