Cloudflare ($NET) Q3 revenue grew 39% but net loss also widened

Cloudflare ($NET) reported third-quarter revenue of $782.5 million, up 39% year over year and about $45.5 million above the top of its own $736–737 million guidance, though its GAAP net loss widened to $34.1 million. CEO Matthew Prince called it the company's best quarter ever, with revenue growth the fastest in nearly four years. The beat-and-raise-style top-line strength matters because it signals sustained demand for Cloudflare's network and security services even as profitability remains pressured by the expanded loss. Investors will watch whether the company converts accelerating revenue into narrower losses and how non-GAAP margins and guidance for the next quarter trend.