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| Date | Value |
|---|---|
| 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 |