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
DateValue
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