Cloudflare | 1Q 2025: Record contract, strong growth and big AI ambitions

The first quarter of fiscal year 2025 delivered not only record results, but also important milestones that confirm growing customer confidence and the company's strong market position. The company's revenue reached nearly half a billion dollars, up 27% year-over-year. In addition, Cloudflare landed the largest contract in its history and announced ambitious plans to reshape the global network for the AI era.

CEO Matthew Prince highlighted the role of the Workers platform as well as Cloudflare $NETs strengthening position in security and AI. The company is also capitalizing on current geopolitical and technological trends - from expansion in the Middle East to opportunities associated with the new White House AI policy. All of this suggests that Cloudflare is poised for further growth and could be one of the key players in technology transformation in the coming years.

How was the last quarter?

In its results for the first quarter of fiscal year 2025, Cloudflare reported very strong…