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.
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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,679.34 Bn | 3,546.58 Bn | 60.48 Bn | 0.46 |
| 2 | Oracle | 433.50 Bn | 402.15 Bn | - | 0.27 |
| 3 | Palantir Technologies | 418.20 Bn | 408.90 Bn | 1.64 Bn | 0.56 |
| 4 | Palo Alto Networks | 312.41 Bn | 309.30 Bn | 2.03 Bn | 0.30 |
| 5 | Fortinet | 117.38 Bn | 113.31 Bn | 1.64 Bn | 0.73 |
| 6 | Cloudflare | 101.74 Bn | 97.57 Bn | 499.52 Mn | 0.40 |
| 7 | Synopsys | 80.70 Bn | 78.49 Bn | 1.77 Bn | 0.17 |
| 8 | CoreWeave | 58.00 Bn | 52.46 Bn | 1.70 Bn | 0.11 |
| 9 | Block | 49.79 Bn | 43.33 Bn | 3.17 Bn | 0.63 |
| 10 | NetApp | 40.59 Bn | 37.00 Bn | 1.37 Bn | 0.67 |
Historic Data
Download 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 |