KPIs & Operating Metrics(New)
Balance Sheet
Cash Flow Statement
Amortization of Deferred ChargesAmortizatization of IntangiblesAsset Writedowns and ImpairmentCapital ExpendituresCash from Financing ActivitiesCash from Investing ActivitiesCash from OperationsChange in Account PayablesChange in Accured ExpensesChange in Acquisitions & DivestmentsChange in CashChange in IntangiblesChange in ReceivablesDeferred TaxesDepreciation & Amortization (CF)Depreciation and DepletionFree Cash FlowGains from Investment SecuritiesNet Cash FlowNet IncomeOther Working Capital ChangesOther financing activitiesShare-based Compensation
Daily Values
Growth Metrics
Income Statement
Others
Ratios

Cloudflare (NET) Capital Expenditures (2018 - 2025)

Cloudflare's Capital Expenditures history spans 8 years, with the latest figure at -$204.1 million for Q4 2025.

  • For Q4 2025, Capital Expenditures fell 237.29% year-over-year to -$204.1 million; the TTM value through Dec 2025 reached $26.4 million, down 85.76%, while the annual FY2025 figure was $26.4 million, 85.76% down from the prior year.
  • Capital Expenditures for Q4 2025 was -$204.1 million at Cloudflare, down from $179.3 million in the prior quarter.
  • Across five years, Capital Expenditures topped out at $179.3 million in Q3 2025 and bottomed at -$204.1 million in Q4 2025.
  • The 5-year median for Capital Expenditures is $20.2 million (2022), against an average of $22.4 million.
  • The largest annual shift saw Capital Expenditures soared 2866.99% in 2021 before it plummeted 362.87% in 2022.
  • A 5-year view of Capital Expenditures shows it stood at $28.3 million in 2021, then tumbled by 362.87% to -$74.5 million in 2022, then soared by 141.37% to $30.8 million in 2023, then skyrocketed by 382.36% to $148.6 million in 2024, then tumbled by 237.29% to -$204.1 million in 2025.
  • Per Business Quant, the three most recent readings for NET's Capital Expenditures are -$204.1 million (Q4 2025), $179.3 million (Q3 2025), and $5.1 million (Q2 2025).