Cloudflare's capital expenditure fell to 7% of revenue in the quarter to 30 June 2026, down from 12% a year earlier, even as revenue grew 36% year-over-year to $696 million
Cloudflare reported that its capital expenditure, measured as a percentage of revenue, was 7% for the second quarter of 2026, ending June 30. This is a decrease from 12% in the same quarter of the previous year. During this period, the company's revenue increased by 36% year-over-year, reaching $696.1 million.
Verified 2026-09-15
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Not every tech firm needs heavy spending to grow; Cloudflare is growing while spending relatively less.
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