Cloudflare (NET) Asset Utilization Ratio (2019 - 2026)
Cloudflare (NET) posted Asset Utilization Ratio of 0.38 for Q1 2026, up 4.09% sequentially from 0.37 in Q4 2025, and down 24.28% YoY from 0.5 in Q1 2025.
Analysis
Cloudflare (NET) Asset Utilization Ratio (2019 - 2026) Analysis & Trends
Cloudflare has reported Asset Utilization Ratio for 8 years, with the latest figure at 0.38 in 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 grew to 0.38 in Q1 2026 per NET's latest filing, from 0.37 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 0.53 in Q3 2024 and troughed at 0.31 in Q1 2022.
- A 5-year average of 0.43 and a median of 0.41 in 2025 frame the typical range for Asset Utilization Ratio.
- The sharpest annual moves came in 2022 and 2025: Asset Utilization Ratio surged 37.13% in 2022, then sank 32.53% in 2025.
- Over 5 years, Asset Utilization Ratio stood at 0.38 in 2022, then climbed by 26.23% to 0.48 in 2023, then increased by 8.24% to 0.52 in 2024, then plunged by 30.11% to 0.37 in 2025, then climbed by 4.09% to 0.38 in 2026.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.38, 0.37, and 0.35 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,713.76 Bn | 3,581.01 Bn | 60.48 Bn | 0.46 |
| 2 | Oracle | 450.04 Bn | 418.14 Bn | - | 0.27 |
| 3 | Palantir Technologies | 418.31 Bn | 408.90 Bn | 1.64 Bn | 0.56 |
| 4 | Palo Alto Networks | 267.65 Bn | 264.54 Bn | 2.03 Bn | 0.30 |
| 5 | CrowdStrike Holdings | 216.60 Bn | 211.59 Bn | 1.10 Bn | 0.46 |
| 6 | Fortinet | 114.71 Bn | 110.64 Bn | 1.64 Bn | 0.73 |
| 7 | Cloudflare | 99.23 Bn | 95.07 Bn | 499.52 Mn | 0.40 |
| 8 | Synopsys | 75.15 Bn | 71.55 Bn | 1.80 Bn | 0.19 |
| 9 | Block | 49.78 Bn | 43.36 Bn | 3.17 Bn | 0.63 |
| 10 | CoreWeave | 48.53 Bn | 42.99 Bn | 1.70 Bn | 0.11 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.40 |
| 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 |