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

Cloudflare's (NET) quarterly Asset Utilization Ratio came in at 0.38 in Q1 2026, down 24.28% year-on-year from 0.5 in Q1 2025, and up 4.09% quarter-over-quarter from 0.37 in Q4 2025.

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

Cloudflare has disclosed Asset Utilization Ratio across 8 years of filings, most recently posting 0.38 for Q1 2026.

  • Asset Utilization Ratio for Q1 2026 came in at 0.38, down 24.28% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.38 (down 24.28% YoY), and the FY2025 annual result was 0.46, down 15.72% from the prior year.
  • Asset Utilization Ratio came in at 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.
  • The 5-year median for Asset Utilization Ratio is 0.41 (2025), against an average of 0.43.
  • Across the five-year window, Asset Utilization Ratio soared 37.13% in 2022 and sank 32.53% in 2025, its largest moves.
  • Cloudflare's Asset Utilization Ratio stood at 0.38 in 2022, then gained by 26.23% to 0.48 in 2023, then climbed by 8.24% to 0.52 in 2024, then plunged by 30.11% to 0.37 in 2025, then gained by 4.09% to 0.38 in 2026.
  • The last three Asset Utilization Ratio figures came in at 0.38 (Q1 2026), 0.37 (Q4 2025), and 0.35 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Microsoft 3,064.95 Bn 2,986.68 Bn 56.06 Bn 0.47
2 Alarum Technologies 1,117.04 Bn 1,102.89 Bn 7.23 Mn 0.00
3 Oracle 608.54 Bn 569.96 Bn 15.14 Bn 0.28
4 Palantir Technologies 326.97 Bn 319.05 Bn 1.42 Bn 0.55
5 Palo Alto Networks 185.10 Bn 180.56 Bn 1.91 Bn 0.41
6 CrowdStrike Holdings 165.31 Bn 162.25 Bn 993.68 Mn 0.46
7 Fortinet 105.66 Bn 102.37 Bn 1.49 Bn 0.70
8 Synopsys 89.71 Bn 89.60 Bn 1.77 Bn 0.17
9 Cloudflare 87.54 Bn 86.60 Bn 455.60 Mn 0.38
10 CoreWeave 53.90 Bn 51.63 Bn 2.01 Bn 0.12

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