Cloudflare Tops 2026 Profit Forecasts as AI Traffic Exceeds 50% of Network
Updated
Updated · TheStreet · Aug 7
Cloudflare Tops 2026 Profit Forecasts as AI Traffic Exceeds 50% of Network
3 articles · Updated · TheStreet · Aug 7
Summary
Cloudflare projected full-year profit above Wall Street estimates, signaling faster demand growth for its networking services.
More than 50% of traffic on Cloudflare’s network was nonhuman in Q2, CEO Matthew Prince said, as requests from AI agents kept rising with machine-to-machine internet use.
That crossover happened in May, far earlier than Cloudflare had expected at the end of 2025, when it projected nonhuman traffic would overtake human traffic only in the second half of 2027.
The shift adds evidence that AI adoption is straining digital infrastructure and sustaining spending on networking capacity across the broader semiconductor and data-center supply chain.