Cloudflare, Inc.
NETQ3 2025(NET Q2 FY2025)Estimated3.5% AI
AI Revenue %
3.5%
AI Fair Value
$1.3B
AI Revenue (Q)
$27.3M
Total Revenue (Q)
$779.6M
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.govAnalysis
NET Q2 CY2025 (ended Jun 30, 2025). 10-Q filing. Revenue = $512,316K ($512.3M). The Overview section again references AI: 'applications that are enhanced with artificial intelligence (AI).' Single operating segment; no AI-specific revenue breakout. Cloudflare's Developer Platform including Workers AI inference, AI Gateway, and Vectorize continues to grow. The company has expanded its GPU fleet for edge inference. Enterprise AI application deployments on Cloudflare's edge network are increasing as customers seek lower-latency AI inference. Conservative estimate: ~$17.9M. Math: $17.9M / $512.3M = 3.50%.
Analyzed by claude-opus-4-6
Quoted Figures
the distributed and programmable nature of our network increasingly is resulting in our customers building their applications on top of our network, too including both traditional applications and those that are enhanced with artificial intelligence (AI)
10-Q for period ending Jun 30, 2025, Item 2 MD&A Overview
Revenue $512,316 [Q2 2025] / $400,996 [Q2 2024]; Six Months Revenue $991,403 [H1 2025] / $779,598 [H1 2024]
10-Q for period ending Jun 30, 2025, Note 14 Segment and Geographic Information
AI Products Identified (Ring 1)
Workers AIAI GatewayVectorizeR2 (AI model storage)Cloudflare for AI
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix