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      <title>Cloudflare (NET) Q2 2026: Cost of Revenue Grew 53% Against 36% Revenue Growth</title>
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      <description>&lt;p&gt;Cloudflare reported June-quarter revenue of $696.1 million, up 35.9% year over year and $31 million above the ceiling of its own guidance. Growth accelerated from 34% in the March quarter. Non-GAAP EPS came in at $0.29 against $0.21. Current remaining performance obligations grew 35%, the third consecutive quarter of acceleration in that metric. Full-year revenue guidance moved to $2.864–2.870 billion from $2.805–2.813 billion. The stock closed the regular session down 3% at $284.17 and traded up roughly 16% after hours to the $329 area, an all-time high and well through the prior $305 peak.&lt;/p&gt;</description>
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