Cloudflare (NET) Assets Average (2019 - 2026)
Cloudflare's (NET) quarterly Assets Average came in at $6.3 billion in Q2 2026, up 36.13% year-over-year from $4.6 billion in Q2 2025, and up 3.59% quarter-over-quarter from $6.1 billion in Q1 2026.
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Analysis
Cloudflare (NET) Assets Average (2019 - 2026) Analysis & Trends
Cloudflare has disclosed Assets Average across 8 years of filings, most recently posting $6.3 billion for Q2 2026.
- In Q2 2026, Assets Average rose 36.13% year-over-year to $6.3 billion; the TTM figure through Jun 2026 stood at $6.3 billion (up 36.13% YoY), while the FY2025 annual figure was $4.7 billion, up 54.06% from the prior year.
- Assets Average came in at $6.3 billion for Q2 2026 at Cloudflare, up from $6.1 billion in the prior quarter.
- In the past five years, Assets Average ranged from a high of $6.3 billion in Q2 2026 to a low of $2.4 billion in Q1 2022.
- Average Assets Average over 5 years is $3.6 billion, with a median of $2.8 billion recorded in 2024.
- Year-over-year, Assets Average grew 3.31% in 2023 and surged 89.8% in 2025.
- Over 5 years, Assets Average stood at $2.5 billion in 2022, then rose by 5.34% to $2.7 billion in 2023, then grew by 18.96% to $3.2 billion in 2024, then surged by 85.78% to $5.9 billion in 2025, then rose by 6.9% to $6.3 billion in 2026.
- Per Business Quant data, the three most recent Assets Average figures were $6.3 billion in Q2 2026, $6.1 billion in Q1 2026, and $5.9 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Assets Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,717.88 Bn | 3,585.13 Bn | 60.48 Bn | 726.30 Bn |
| 2 | International Business Machines | 219.37 Bn | 208.10 Bn | 9.91 Bn | 154.16 Bn |
| 3 | Cloudflare | 113.46 Bn | 109.29 Bn | 499.52 Mn | 6.32 Bn |
| 4 | Equinix | 102.39 Bn | 100.19 Bn | 1.40 Bn | 40.99 Bn |
| 5 | Nebius | 57.34 Bn | 49.30 Bn | 448.70 Mn | 25.13 Bn |
| 6 | CoreWeave | 47.88 Bn | 42.34 Bn | 1.70 Bn | 66.32 Bn |
| 7 | Verisign | 26.51 Bn | 25.48 Bn | 384.60 Mn | 1.55 Bn |
| 8 | Nutanix | 18.85 Bn | 16.49 Bn | 651.35 Mn | 4.25 Bn |
| 9 | Akamai Technologies | 17.01 Bn | 13.65 Bn | 613.75 Mn | 13.36 Bn |
| 10 | DigitalOcean Holdings | 14.83 Bn | 14.06 Bn | 154.66 Mn | 2.85 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.32 Bn |
| Mar 31, 2026 | 6.10 Bn |
| Dec 31, 2025 | 5.91 Bn |
| Sep 30, 2025 | 5.67 Bn |
| Jun 30, 2025 | 4.64 Bn |
| Mar 31, 2025 | 3.51 Bn |
| Dec 31, 2024 | 3.18 Bn |
| Sep 30, 2024 | 2.99 Bn |
| Jun 30, 2024 | 2.86 Bn |
| Mar 31, 2024 | 2.78 Bn |
| Dec 31, 2023 | 2.67 Bn |
| Sep 30, 2023 | 2.56 Bn |
| Jun 30, 2023 | 2.60 Bn |
| Mar 31, 2023 | 2.63 Bn |
| Dec 31, 2022 | 2.54 Bn |
| Sep 30, 2022 | 2.48 Bn |
| Jun 30, 2022 | 2.41 Bn |
| Mar 31, 2022 | 2.36 Bn |
| Dec 31, 2021 | 2.34 Bn |
| Sep 30, 2021 | 1.88 Bn |
API Access
Cloudflare Assets Average API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=assets-average&ticker=NET&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "assets-average", "ticker": "NET", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=assets-average&ticker=NET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();