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Cloudflare Announces Second Quarter 2022 Financial Results

20 pointsby tomkleinalmost 3 years ago

3 comments

scottydeltaalmost 3 years ago
Cloudflare has been on fire with addition of so many different features&#x2F;services every year to make web more efficient&#x2F;accessible for everyone.<p>I have been using Cloudflare since 2014. I started with just Nameservers&#x2F;DNS and today I use them for alot of things, some being:<p>1. Workers for caching API on edge(reduces massive overhead on origin server)<p>2. Cloudflare pages for hosting static sites(alternative to netlify&#x2F;vercel)<p>3. Domain Registration at Cost<p>4. Cloudflare Access to add auth to third party apps I host<p>5. Automatic Platform Optimizations (APO) to optimize&#x2F;serve wordpress blog on edge. Gives a massive boost to google page insights score.<p>6. Cloudflare Images for automatic image optimization on the fly.<p>Waiting for them to start providing CDN services like static files caching on edge(currently I used bunny.net).
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gz5almost 3 years ago
Strong indicator of their success in catering to builders and operators.<p>Twilio did similar, but security and networking are more difficult domains to &#x27;land and expand&#x27; from the &#x27;bottom-up&#x27; due to the numbers of teams involved in those domains in a typical large business.<p>I do believe increasingly the &#x27;developer is the new gatekeeper&#x27;, especially as modern dev teams increasingly encompass architects, app dev, ops and security. Even if that is true, it is exceedingly difficult to serve builders and operators; kudos to Cloudflare.
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gigatexalalmost 3 years ago
They’ve really healthy margins - 76% and are growing revenue 54% this year quarter alone. They’ll be profitable in no time. Especially when R2 goes public. I foresee a ton of folks moving stuff out of S3.