Cloudflare Investor Presentation Deck
Cash, Cash Equiv, & AFS ($ in millions)
Raised $565 million in our IPO that priced on September 12th, 2019, net of fees and expenses
Raised $495 million in our Convertible Notes Offering due 2025 that priced on May 13th, 2020, net of
issuance costs and a capped call with respect to the 2025 convertible notes
Raised $790 million in our Convertible Note Offering due 2026 that priced on August 10th, 2021, net of the
repurchase of 2025 notes, issuance costs, and a capped call with respect to the 2026 convertible notes
Operating Cash Flow & Margin
$2,000
$1,667
$1,333
$1,000
$667
$333
$0
$1,034
Q2 2021
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Strong Cash Position
Cash Balance
$1,814
Q3 2021
$1,822
Q4 2021
$1,725
Q1 2022
$1,642
Q2 2022
Operating Cash Flow ($ millions)
$90.0
$60.0
$30.0
$0.0
($30.0)
($60.0)
($8.8)
-7%
Q4 2020
17%
$23.5
5%
$7.5
Q1 2021 Q2 2021
($6.9)
-4%
Q3 2021
21%
$40.6
Q4 2021
($35.5)
16%
$38.3
-17%
Q1 2022 Q2 2022
30%
20%
10%
0%
-10%
-20%View entire presentation