Cloudflare (NET) Assets (2018 - 2026)
Cloudflare's (NET) quarterly Assets came in at $6.2 billion in Q1 2026, up 65.64% year-on-year from $3.7 billion in Q1 2025, and up 2.12% quarter-over-quarter from $6.0 billion in Q4 2025.
Cloudflare (NET) Assets (2018 - 2026) Analysis & Trends
Cloudflare has disclosed Assets across 9 years of filings, most recently posting $6.2 billion for Q1 2026.
- Assets for Q1 2026 came in at $6.2 billion, up 65.64% year-over-year; the trailing twelve-month figure through Mar 2026 was $6.2 billion (up 65.64% YoY), and the FY2025 annual result was $6.0 billion, up 82.85% from the prior year.
- Assets came in at $6.2 billion for Q1 2026 at Cloudflare, up from $6.0 billion in the prior quarter.
- In the past five years, Assets ranged from a high of $6.2 billion in Q1 2026 to a low of $2.4 billion in Q1 2022.
- The 5-year median for Assets is $2.8 billion (2024), against an average of $3.5 billion.
- Across the five-year window, Assets rose 2.62% in 2023 and jumped 90.71% in 2025, its largest moves.
- Cloudflare's Assets stood at $2.6 billion in 2022, then rose by 6.64% to $2.8 billion in 2023, then advanced by 19.62% to $3.3 billion in 2024, then surged by 82.85% to $6.0 billion in 2025, then increased by 2.12% to $6.2 billion in 2026.
- The last three Assets figures came in at $6.2 billion (Q1 2026), $6.0 billion (Q4 2025), and $5.8 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,064.95 Bn | 2,986.68 Bn | 56.06 Bn | 694.23 Bn |
| 2 | Alarum Technologies | 1,117.04 Bn | 1,102.89 Bn | 7.23 Mn | 44.85 Bn |
| 3 | Oracle | 608.54 Bn | 569.96 Bn | 15.14 Bn | 245.24 Bn |
| 4 | Palantir Technologies | 326.97 Bn | 319.05 Bn | 1.42 Bn | 10.20 Bn |
| 5 | Palo Alto Networks | 185.10 Bn | 180.56 Bn | 1.91 Bn | 24.98 Bn |
| 6 | CrowdStrike Holdings | 165.31 Bn | 162.25 Bn | 993.68 Mn | 11.09 Bn |
| 7 | Fortinet | 105.66 Bn | 102.37 Bn | 1.49 Bn | 9.88 Bn |
| 8 | Synopsys | 89.71 Bn | 89.60 Bn | 1.77 Bn | 47.24 Bn |
| 9 | Cloudflare | 87.54 Bn | 86.60 Bn | 455.60 Mn | 6.16 Bn |
| 10 | CoreWeave | 53.90 Bn | 51.63 Bn | 2.01 Bn | 55.57 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.16 Bn |
| Dec 31, 2025 | 6.04 Bn |
| Sep 30, 2025 | 5.79 Bn |
| Jun 30, 2025 | 5.56 Bn |
| Mar 31, 2025 | 3.72 Bn |
| Dec 31, 2024 | 3.30 Bn |
| Sep 30, 2024 | 3.06 Bn |
| Jun 30, 2024 | 2.92 Bn |
| Mar 31, 2024 | 2.80 Bn |
| Dec 31, 2023 | 2.76 Bn |
| Sep 30, 2023 | 2.59 Bn |
| Jun 30, 2023 | 2.53 Bn |
| Mar 31, 2023 | 2.67 Bn |
| Dec 31, 2022 | 2.59 Bn |
| Sep 30, 2022 | 2.49 Bn |
| Jun 30, 2022 | 2.47 Bn |
| Mar 31, 2022 | 2.35 Bn |
| Dec 31, 2021 | 2.37 Bn |
| Sep 30, 2021 | 2.32 Bn |
| Jun 30, 2021 | 1.45 Bn |