The company reported non-GAAP income from operations of $104.1 million, non-GAAP net income of $107.8 million and free cash flow of $56.4 million. The company reported non-GAAP income from operations of $104.1 million, non-GAAP net income of $107.8 million and free cash flow of $56.4 million. That is a useful way to understand the company AI story. Investors will want to see whether AI traffic creates durable revenue or simply more infrastructure load. AI is changing the shape of internet traffic, and Cloudflare is one of the companies positioned to sell picks and shovels into that change.