On this page of Benford's Law Stocks.com we present our study of Cloudflare Inc. — ticker symbol NET. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 8/10/2020 to 5/8/2025 for Cloudflare Inc. under CIK number 0001477333. For filings made in XBRL (eXtensible Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format found for each filing is presented below together with the results for NET, with the percentage of found numbers beginning with each digit (1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as well as the "normal" range for Cloudflare Inc. based on the past NET filings our system processed in the past.
30.8
17.1
18.1
9.3
6.7
4.8
5.6
3.5
4.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL?   [ original filing, NET stockholder letter ]
Total numbers found: 626
Recent share count: 310,319,085 (3's column)

= Typical range across full coverage universe
Benford's Law Stocks Indicator
626
Normal count compared to other filers, falling within the middle 50%. At this number count, it would take about 6 numbers to move any given column by a full percentage point.
82

Starting from a possible score of 100, we made the following score deductions:
 • The 3's percentage was higher than the 2's percentage, increasing the penalty multiplier.
 • However, because we observed that the company's shares outstanding count begins with the digit 3, we canceled the penalty multiplier.
 • We deducted points upon observing the 3's percentage was above the typical coverage universe range.
 • We deducted points upon observing the 3's percentage was above the company's typical historical range.
 • We deducted point upon observing the 6's percentage was below the company's typical historical range.
 • The 7's percentage was higher than the 6's percentage, increasing the penalty multiplier.
 • We deducted point upon observing the 8's percentage was below the company's typical historical range.
 • The 9's percentage was higher than the 8's percentage, increasing the penalty multiplier.
 • This is the 2nd column with percentage higher than the prior column, resulting in a penalty deduction.
Benford's Law Stocks Indicator
NET
Normal-to-high score compared to other filers, falling within the top of the middle 50%.
KOP
MCO
OII
RSG
LVS
NBR
NPO
PATH
Check our work! We provide our Cloudflare Inc. Benford's Law analysis for informational purposes only, and our software should be expected to make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the NET filing above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also be helpful for exploring any columns in particular that caught your eye.

1's 2's 3's
We found 193 numbers that start with the digit 1. Here they are:
1
147,691
1,710,415
1,708,228
15,988
16,568
181,087
181,087
178,091
168,379
174,543
172,217
18,947
105,807
1,288,311
1,287,321
134,521
128,266
1,141,094
1,102,640
1,425,878
1,046,201
115,576
194,102
115,089
1,443
1,100
1,124
16,488
1,695
11
10
1,102,640
1,046,201
1
11,228
11,229
1,020
1
1
1,026
1
1,026
1
1,141,094
1,425,878
1,784,566
1,023,840
1,984
114
1,016
1
1,114
1
1
1,749
1,749
1,857,168
1,059,383
14,657
11,863
18,107
12,713
156
106
12,219
1,502
12,678
14,678
145,784
14
11,229
170,550
154,214
1,030
15,474
12,530
16,961
13,282
196,463
133,853
105,384
15
12
100
100
112,555
19
100
100
172,217
133,236
18,107
174,543
137,527
1,864.2
149,453
149,453
149,453
1,338
140
1,119,056
1,121,334
14,922
1,106,412
19
1,732,339
1,735,820
1,710,415
1,918,016
1,921,497
1,710,415
102,804
102,804
102,804
1,125
1,120,478
1,122,204
1,122,204
19
1,705,657
1,012
1,708,228
1,708,228
1,859,871
1,012
1,862,442
147,691
1,708,228
1,083.7
1,139.9
1,297.8
1.4
107,613
181.1
10,702
12,159
11,680
15,107
14,253
11,600
11,866
1,896
1,896
1,896
14,657
11,863
14,657
11,863
16,575
15,715
18,291
187,583
1,293.8
1,274.0
191.34
130
191.34
123.0
172.7
1,293,750
1,293,750
1,288,311
1,287,321
150.0
1.00
1.50
1.75
125
10
10,311
10,311
11,980
11,879
16,893
135,960
116,942
105.9
11
11
10
10
10,731
11,209
170
186
1.7
1,588
109,817
183,418
156,752
1,000,000
195,000
We found 107 numbers that start with the digit 2. Here they are:
204,459
286,319
2,624,291
2,268,997
23,896
21,865
2,250
2,250
23,235
27,555
22,095
23,985
23,625
2,295,381
2,254,961
2,250,000
2,562,972
2,152,750
293,564
214,011
21,399
21,252
21,276
2,269
2,884
2,884
2,152,750
2,562,972
298,089
297
2
2
2,884
2,884
23,132
276
27,160
25,458
22,398
27,289
23,022
262
298,995
238
21
211,082
261,774
2
2,529
2,439
22,209
234,887
28
28
29,104
23
240.5
25,458
22,398
23,132
29,601
2,510
232
24
29,248
25,405
204,459
2,403
2.6
2.6
280,318
24.1
22,861
23,896
22,131
21,865
2,675
23,896
26,506
205,874
20
250.94
25
2.50
20,341
2.5
2.6
2,588
2,503
27,918
20,177
25,716
21,327
299,398
25,990
27,646
2.3
28.0
23.1
23,864
29,564
27,976
259,100
233,818
254,766
233,602
2,042,976
We found 113 numbers that start with the digit 3. Here they are:
310,553,791
36,056,590
316,753
3,721,259
3,301,162
309,991
307,892
309
307
315,000
36,538
36,963
37
37
3,654
3,721,259
3,301,162
378,602
363,511
348,114
3,468
36,759
33,274
38,454
35,543
345,723
338,583
38,454
35,543
30,547
38,427
307,892
307
36,963
37
308,299
308,299
38,454
38,454
309,991
309
36,538
37
3,654
39,443
31
31
35,543
35,543
301,023
300
38,710
39
38,454
35,543
30,112
3,274
3,223
31,862
3,073
35,789
32,056
3,522
31
308,299
36,952
378,602
366,532
308,151
378,602
36,224
36,224
34,739
34,739
3,872
391
3,872
391
316
3,583
3,583
3.5
3.3
3.2
32,385
30,872
314,280
37.1
30
39,003
3,988
33,731
3.2
30
37.43
35.4
37.43
308.3
30.0
30.0
3.5
350,220
38.6
32,693
32,336
34,365
31,429
308,964
36,759
39,185
378,602
38,454
35,543
4's 5's 6's
We found 58 numbers that start with the digit 4. Here they are:
4,373
4,273
402,737
467,420
47,626
477,765
4,253
479,087
416,758
4,253
45
40
4,421
4,422
43
4,401
4,401
42,207
4,397
4,856
403,672
408,769
433,903
4,422
4,401
46,032
49
47,651
479,087
479,087
4,992
44,887
466,769
467,578
467,578
48,538
48,538
48,538
488,799
4,097
49,569
49,047
467,420
4,375
4,462
4,432
4.8
46,648
47,970
400.0
40
4.3
4,089
4,114
4.5
479,087
43,159
467,420
We found 42 numbers that start with the digit 5. Here they are:
513,866
53,062
508,094
53,247
54,550
507
580
548
5,118
5,340
5,916
56,868
52
516,106
517,304
512,312
5,491
51,410
51,410
55
565.8
555,590
5,013
513,866
5.5
5.3
5,809
51.8
52,460
575.0
50.3
5
57.58
5,439
50
50
50
5
5,700
58,723
53,031
513,866
We found 30 numbers that start with the digit 6. Here they are:
66,309
6,022
6,997
601
69,723
6,372
64
66
6,623
62,438
62,443
62,443
6,623
6,523
677
69,872
69,908
69,908
6,523
6.6
623.2
69,958
68,973
6,429
69,012
64.7
63.9
69,723
6,762
6,762
7's 8's 9's
We found 35 numbers that start with the digit 7. Here they are:
75,484
76,457
793,654
7,907
7,707
7,707
7,907
7,907
763,047
72,552
72,552
797,224
760
73,579
7,028
7,707
73,395
70,451
77
7,191
7,068
747,738
7.4
7,305
7,878
7,612
75
75
75
7,849
7,849
77,525
76,820
77,986
7,087
We found 22 numbers that start with the digit 8. Here they are:
89,615
81,602
80,854
821,009
85,038
87,703
87,658
842
85,889
8
897
8
8
81
8.3
8.2
827
827
828,146
86.3
8,847
85,479
We found 26 numbers that start with the digit 9. Here they are:
93,781
910
975
98
98,403
98,403
900
95,535
990
990
9,036
92,438
96,950
91,224
98,055
9,724
98
990
990
990
990
92.7
944.3
95,535
9,967
94,455
While the above NET 10Q Filed 5/8/2025 is interesting in isolation, we have found that it is also useful to take a look at older Cloudflare Inc. filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a Benford's Law analysis. Below we repeat the 10Q Filed 5/8/2025 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical NET 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

30.8
17.1
18.1
9.3
6.7
4.8
5.6
3.5
4.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 82
XBRL?   [ original filing ]
Total numbers found: 626

= Typical NET range from 8/10/2020 to 5/8/2025
36.4
14.5
13.6
9.0
8.1
4.8
4.6
4.4
4.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 96
XBRL?   [ original filing ]
Total numbers found: 877

= Typical NET range from 8/10/2020 to 5/8/2025
33.4
18.4
9.7
11.3
6.6
5.1
5.7
5.5
4.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 87
XBRL?   [ original filing ]
Total numbers found: 982

= Typical NET range from 8/10/2020 to 5/8/2025
32.0
20.2
11.3
9.5
6.9
6.2
5.1
4.4
4.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 98
XBRL?   [ original filing ]
Total numbers found: 1,286

= Typical NET range from 8/10/2020 to 5/8/2025
32.8
17.2
12.6
8.8
7.9
6.2
6.2
5.3
3.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 98
XBRL?   [ original filing ]
Total numbers found: 826

= Typical NET range from 8/10/2020 to 5/8/2025
32.9
19.5
8.7
9.7
8.2
5.2
6.7
5.0
4.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 89
XBRL?   [ original filing ]
Total numbers found: 994

= Typical NET range from 8/10/2020 to 5/8/2025
28.8
18.1
11.5
9.1
8.0
6.1
6.9
6.3
5.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 95
XBRL?   [ original filing ]
Total numbers found: 1,029

= Typical NET range from 8/10/2020 to 5/8/2025
32.1
16.1
12.7
10.5
7.6
7.4
6.4
3.8
3.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 96
XBRL?   [ original filing ]
Total numbers found: 1,125

= Typical NET range from 8/10/2020 to 5/8/2025
35.3
15.3
15.8
8.4
6.8
4.1
4.8
4.6
4.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 83
XBRL?   [ original filing ]
Total numbers found: 607

= Typical NET range from 8/10/2020 to 5/8/2025
33.9
19.3
10.6
8.3
8.0
6.8
3.7
5.5
4.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 97
XBRL?   [ original filing ]
Total numbers found: 1,018

= Typical NET range from 8/10/2020 to 5/8/2025
32.9
18.1
10.3
10.0
6.3
6.1
6.4
5.5
4.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 99
XBRL?   [ original filing ]
Total numbers found: 1,124

= Typical NET range from 8/10/2020 to 5/8/2025
33.1
19.9
11.4
8.7
7.5
5.7
5.9
3.9
4.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 90
XBRL?   [ original filing ]
Total numbers found: 1,210

= Typical NET range from 8/10/2020 to 5/8/2025
33.7
15.9
10.4
7.8
9.2
6.3
6.8
6.0
4.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 87
XBRL?   [ original filing ]
Total numbers found: 719

= Typical NET range from 8/10/2020 to 5/8/2025
33.0
17.4
11.5
8.1
8.3
5.6
4.7
6.3
5.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 88
XBRL?   [ original filing ]
Total numbers found: 986

= Typical NET range from 8/10/2020 to 5/8/2025
33.8
15.7
13.2
9.1
6.4
5.5
6.0
4.2
6.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 80
XBRL?   [ original filing ]
Total numbers found: 872

= Typical NET range from 8/10/2020 to 5/8/2025
32.5
19.0
11.5
9.2
7.9
6.5
5.3
4.0
4.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 100
XBRL?   [ original filing ]
Total numbers found: 1,220

= Typical NET range from 8/10/2020 to 5/8/2025
32.7
18.5
10.7
9.5
7.0
7.0
4.1
6.3
4.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 94
XBRL?   [ original filing ]
Total numbers found: 804

= Typical NET range from 8/10/2020 to 5/8/2025
33.0
18.8
10.3
9.5
7.3
5.6
6.5
4.9
4.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 100
XBRL?   [ original filing ]
Total numbers found: 1,104

= Typical NET range from 8/10/2020 to 5/8/2025
30.5
18.2
9.9
9.3
8.5
6.3
6.5
6.4
4.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 97
XBRL?   [ original filing ]
Total numbers found: 1,052

= Typical NET range from 8/10/2020 to 5/8/2025
33.8
18.2
10.6
8.5
9.0
5.7
5.1
5.5
3.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 90
XBRL?   [ original filing ]
Total numbers found: 1,068

= Typical NET range from 8/10/2020 to 5/8/2025
 

Benford's Law NET Stock (Cloudflare Inc.) | www.Benford'sLawStocks.com
Copyright © 2023 - 2025, All Rights Reserved

Nothing in BenfordsLawStocks.com is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy.