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

Cloudflare (NET) reported Asset Utilization Ratio of 0.38 for Q1 2026, down 24.28% on a YoY basis 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 (NET) has 8 years of Asset Utilization Ratio data on file, last reported at 0.38 in Q1 2026.

  • For the quarter ending Q1 2026, Asset Utilization Ratio fell 24.28% year-over-year to 0.38; the trailing twelve-month figure through Mar 2026 stood at 0.38 (down 24.28% YoY), and the FY2025 full-year result was 0.46, down 15.72% from the prior year.
  • Asset Utilization Ratio grew to 0.38 in Q1 2026, 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.
  • A 5-year average of 0.43 and a median of 0.41 in 2025 frame the typical range for Asset Utilization Ratio.
  • Across the five-year window, Asset Utilization Ratio soared 37.13% in 2022 and tumbled 32.53% in 2025, its largest moves.
  • Tracing NET's Asset Utilization Ratio over 5 years: 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 sank 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 Microsoft 2,842.90 Bn 2,718.46 Bn 56.06 Bn 0.47
2 PagSeguro Digital 2,572.26 Bn 2,572.26 Bn 358.92 Mn 0.27
3 Oracle 329.59 Bn 297.69 Bn - 0.27
4 Repay Holdings 314.63 Bn 314.48 Bn - -
5 Palantir Technologies 294.47 Bn 286.44 Bn 1.42 Bn 0.55
6 Palo Alto Networks 227.51 Bn 222.98 Bn 1.91 Bn 0.41
7 CrowdStrike Holdings 183.28 Bn 180.18 Bn 993.68 Mn 0.46
8 Fortinet 112.44 Bn 109.14 Bn 1.49 Bn 0.70
9 Cloudflare 92.78 Bn 91.83 Bn 455.60 Mn 0.38
10 Synopsys 70.83 Bn 68.63 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