Cloudflare, Inc. financial data

Symbol
NET on NYSE
Location
San Francisco, CA
Fiscal year end
31 December
Latest financial report
10-K - Q4 2025 - 26 Feb 2026

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 259% % -21%
Debt-to-equity 286% % 26%
Return On Equity -7.5% % 12%
Return On Assets -1.9% % 26%
Operating Margin -9.6% % -3.1%

Shares

Label TTM Value / Value Unit Change %
Entity Public Float $35,700,000,000 USD 162%
Weighted Average Number of Shares Outstanding, Basic 348,421,000 shares 2.1%
Weighted Average Number of Shares Outstanding, Diluted 348,421,000 shares 2.1%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax $2,167,937,000 USD 30%
Cost of Revenue $552,525,000 USD 46%
Research and Development Expense $512,489,000 USD 22%
Selling and Marketing Expense $920,817,000 USD 23%
General and Administrative Expense $389,311,000 USD 40%
Operating Income (Loss) $207,205,000 USD -34%
Nonoperating Income (Expense) $114,499,000 USD 36%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $92,706,000 USD -31%
Income Tax Expense (Benefit) $9,561,000 USD 21%
Net Income (Loss) Attributable to Parent $102,267,000 USD -30%
Earnings Per Share, Basic -0.29 USD/shares -26%
Earnings Per Share, Diluted -0.29 USD/shares -26%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value $943,536,000 USD 539%
Accounts Receivable, after Allowance for Credit Loss, Current $382,488,000 USD 21%
Assets, Current $4,644,837,000 USD 105%
Property, Plant and Equipment, Net $618,691,000 USD 32%
Operating Lease, Right-of-Use Asset $237,646,000 USD 41%
Goodwill $226,563,000 USD 25%
Other Assets, Noncurrent $45,764,000 USD 142%
Assets $6,036,256,000 USD 83%
Accounts Payable, Current $84,115,000 USD -21%
Employee-related Liabilities, Current $111,005,000 USD 37%
Contract with Customer, Liability, Current $684,207,000 USD 43%
Liabilities, Current $2,350,563,000 USD 196%
Contract with Customer, Liability, Noncurrent $41,088,000 USD 86%
Operating Lease, Liability, Noncurrent $182,025,000 USD 42%
Other Liabilities, Noncurrent $29,337,000 USD 24%
Liabilities $4,577,133,000 USD 103%
Accumulated Other Comprehensive Income (Loss), Net of Tax $12,259,000 USD
Retained Earnings (Accumulated Deficit) $1,204,907,000 USD -9.3%
Stockholders' Equity Attributable to Parent $1,459,123,000 USD 39%
Liabilities and Equity $6,036,256,000 USD 83%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities $145,784,000 USD 98%
Net Cash Provided by (Used in) Financing Activities $3,522,000 USD 16671%
Net Cash Provided by (Used in) Investing Activities $92,438,000 USD -195%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $56,868,000 USD -67%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $954,357,000 USD 519%
Interest Paid, Excluding Capitalized Interest, Operating Activities $2,000 USD -75%
Deferred Tax Assets, Valuation Allowance $822,141,000 USD 30%
Deferred Tax Assets, Gross $967,274,000 USD 33%
Operating Lease, Liability $252,926,000 USD 44%
Depreciation $167,500,000 USD 52%
Payments to Acquire Property, Plant, and Equipment $85,889,000 USD 168%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent $85,755,000 USD -0.84%
Lessee, Operating Lease, Liability, to be Paid $282,035,000 USD 45%
Property, Plant and Equipment, Gross $998,136,000 USD 33%
Operating Lease, Liability, Current $70,901,000 USD 49%
Lessee, Operating Lease, Liability, to be Paid, Year Two $68,637,000 USD 49%
Lessee, Operating Lease, Liability, to be Paid, Year One $80,473,000 USD 46%
Operating Lease, Weighted Average Discount Rate, Percent 0.048 pure -2%
Deferred Income Tax Expense (Benefit) $156,000 USD 43%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $29,109,000 USD 53%
Lessee, Operating Lease, Liability, to be Paid, Year Three $45,047,000 USD 8.1%
Deferred Tax Assets, Operating Loss Carryforwards $519,271,000 USD 17%
Unrecognized Tax Benefits $42,242,000 USD 28%
Lessee, Operating Lease, Liability, to be Paid, Year Four $32,265,000 USD 39%
Additional Paid in Capital $2,651,420,000 USD 23%
Amortization of Intangible Assets $15,000,000 USD 18%
Depreciation, Depletion and Amortization $42,207,000 USD 40%
Deferred Tax Assets, Net of Valuation Allowance $145,133,000 USD 48%
Share-based Payment Arrangement, Expense $451,454,000 USD 33%
Interest Expense $4,846,000 USD -13%