Cloudflare (NET) Capital Expenditures (2018 - 2026)
Cloudflare (NET) reported Capital Expenditures of -$6.4 million for Q1 2026, down 24.91% on a YoY basis from -$8.5 million in Q1 2025, and up 86.79% sequentially from -$48.4 million in Q4 2025.
Cloudflare (NET) Capital Expenditures (2018 - 2026) Analysis & Trends
Cloudflare (NET) has 9 years of Capital Expenditures data on file, last reported at -$6.4 million in Q1 2026.
- For the quarter ending Q1 2026, Capital Expenditures fell 24.91% year-over-year to -$6.4 million; the trailing twelve-month figure through Mar 2026 stood at -$8.1 million (down 23.58% YoY), and the FY2025 full-year result was -$6.8 million, down 213.0% from the prior year.
- Capital Expenditures grew to -$6.4 million in Q1 2026, from -$48.4 million in the prior quarter.
- In the past five years, Capital Expenditures ranged from a high of $62.4 million in Q2 2024 to a low of -$114.1 million in Q4 2024.
- A 5-year average of $741529.4 and a median of -$760000.0 in 2024 frame the typical range for Capital Expenditures.
- Peak annual rise in Capital Expenditures reached 20536.47% in 2023, while the deepest fall reached 3751.38% in 2023.
- Tracing NET's Capital Expenditures over 5 years: stood at $543000.0 in 2022, then plunged by 3751.38% to -$19.8 million in 2023, then sank by 475.25% to -$114.1 million in 2024, then surged by 57.57% to -$48.4 million in 2025, then jumped by 86.79% to -$6.4 million in 2026.
- Business Quant data shows NET's Capital Expenditures at -$6.4 million in Q1 2026, -$48.4 million in Q4 2025, and -$9.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,842.90 Bn | 2,718.46 Bn | 56.06 Bn | 932.00 Mn |
| 2 | PagSeguro Digital | 2,572.26 Bn | 2,572.26 Bn | 358.92 Mn | -46.55 Mn |
| 3 | Oracle | 329.59 Bn | 297.69 Bn | - | 16.49 Bn |
| 4 | Repay Holdings | 314.63 Bn | 314.48 Bn | - | - |
| 5 | Palantir Technologies | 294.47 Bn | 286.44 Bn | 1.42 Bn | 7.40 Mn |
| 6 | Palo Alto Networks | 227.51 Bn | 222.98 Bn | 1.91 Bn | 170.00 Mn |
| 7 | CrowdStrike Holdings | 183.28 Bn | 180.18 Bn | 993.68 Mn | -130.89 Mn |
| 8 | Fortinet | 112.44 Bn | 109.14 Bn | 1.49 Bn | 56.00 Mn |
| 9 | Cloudflare | 92.78 Bn | 91.83 Bn | 455.60 Mn | -6.39 Mn |
| 10 | Synopsys | 70.83 Bn | 68.63 Bn | 1.77 Bn | 81.41 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -6.39 Mn |
| Mar 31, 2026 | -6.39 Mn |
| Dec 31, 2025 | -48.39 Mn |
| Dec 31, 2025 | -48.39 Mn |
| Sep 30, 2025 | -9.49 Mn |
| Sep 30, 2025 | -9.49 Mn |
| Jun 30, 2025 | 56.21 Mn |
| Jun 30, 2025 | 56.21 Mn |
| Mar 31, 2025 | -5.12 Mn |
| Mar 31, 2025 | -5.12 Mn |
| Dec 31, 2024 | -114.05 Mn |
| Dec 31, 2024 | -114.05 Mn |
| Sep 30, 2024 | 50.20 Mn |
| Sep 30, 2024 | 50.20 Mn |
| Jun 30, 2024 | 62.44 Mn |
| Jun 30, 2024 | 62.44 Mn |
| Mar 31, 2024 | -760,000.00 |
| Mar 31, 2024 | -760,000.00 |
| Dec 31, 2023 | -19.83 Mn |
| Dec 31, 2023 | -19.83 Mn |