Cloudflare (NET) Asset Utilization Ratio (2019 - 2026)

Cloudflare (NET) reported Asset Utilization Ratio of 0.38 for Q1 2026, down 24.28% year-over-year from 0.5 in Q1 2025, and up 4.09% sequentially from 0.37 in Q4 2025.

Cloudflare (NET) Asset Utilization Ratio (2019 - 2026) Analysis & Trends

Cloudflare's Asset Utilization Ratio history runs 8 years deep, the most recent figure standing at 0.38 for Q1 2026.

  • Quarterly Asset Utilization Ratio fell 24.28% year-over-year to 0.38 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.38 (down 24.28% YoY) and the FY2025 annual result came in at 0.46, down 15.72% from the prior year.
  • Asset Utilization Ratio was 0.38 for Q1 2026 at Cloudflare, up from 0.37 in the prior quarter.
  • In the past five years, Asset Utilization Ratio ranged from a high of 0.53 in Q3 2024 to a low of 0.31 in Q1 2022.
  • Median Asset Utilization Ratio over the past 5 years was 0.41 (2025), compared with a mean of 0.43.
  • Across the five-year window, Asset Utilization Ratio surged 37.13% in 2022 and plunged 32.53% in 2025, its largest moves.
  • Over 5 years, Asset Utilization Ratio stood at 0.38 in 2022, then rose by 26.23% to 0.48 in 2023, then advanced by 8.24% to 0.52 in 2024, then tumbled by 30.11% to 0.37 in 2025, then rose by 4.09% to 0.38 in 2026.
  • Business Quant data shows NET's Asset Utilization Ratio at 0.38 in Q1 2026, 0.37 in Q4 2025, and 0.35 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 ZenaTech 82,806.72 Bn 82,806.72 Bn - 0.14
2 Microsoft 11,085.79 Bn 11,007.52 Bn 56.06 Bn 0.47
3 Palantir Technologies 1,073.49 Bn 1,065.58 Bn 1.42 Bn 0.55
4 Rezolve Ai 1,009.18 Bn 1,009.17 Bn - -
5 Palo Alto Networks 824.56 Bn 820.03 Bn 1.91 Bn 0.41
6 CrowdStrike Holdings 701.26 Bn 698.20 Bn 993.68 Mn 0.46
7 Oracle 514.97 Bn 476.40 Bn 17.12 Bn 0.27
8 Fortinet 456.74 Bn 453.45 Bn 1.49 Bn 0.70
9 Cloudflare 331.63 Bn 330.68 Bn 455.60 Mn 0.38
10 Synopsys 303.79 Bn 303.67 Bn 1.77 Bn 0.17

Historic Data

Download Data
DateValue
Mar 31, 2026 0.38
Dec 31, 2025 0.37
Sep 30, 2025 0.35
Jun 30, 2025 0.41
Mar 31, 2025 0.50
Dec 31, 2024 0.52
Sep 30, 2024 0.53
Jun 30, 2024 0.52
Mar 31, 2024 0.50
Dec 31, 2023 0.48
Sep 30, 2023 0.47
Jun 30, 2023 0.43
Mar 31, 2023 0.40
Dec 31, 2022 0.38
Sep 30, 2022 0.36
Jun 30, 2022 0.34
Mar 31, 2022 0.31
Dec 31, 2021 0.28
Sep 30, 2021 0.31
Jun 30, 2021 0.37