Growth Metrics

Cloudflare (NET) Capital Expenditures (2018 - 2025)

Cloudflare (NET) has disclosed Capital Expenditures for 8 consecutive years, with -$15.2 million as the latest value for Q4 2025.

  • Quarterly Capital Expenditures fell 110.26% to -$15.2 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $26.4 million through Dec 2025, down 85.76% year-over-year, with the annual reading at $26.4 million for FY2025, 85.76% down from the prior year.
  • Capital Expenditures hit -$15.2 million in Q4 2025 for Cloudflare, down from -$9.5 million in the prior quarter.
  • In the past five years, Capital Expenditures ranged from a high of $148.6 million in Q4 2024 to a low of -$34.8 million in Q2 2025.
  • Historically, Capital Expenditures has averaged $18.4 million across 5 years, with a median of $6.6 million in 2021.
  • Biggest YoY gain for Capital Expenditures was 25491.47% in 2021; the steepest drop was 2363.13% in 2021.
  • Year by year, Capital Expenditures stood at -$8.1 million in 2021, then soared by 106.68% to $543000.0 in 2022, then surged by 17503.5% to $95.6 million in 2023, then skyrocketed by 55.51% to $148.6 million in 2024, then tumbled by 110.26% to -$15.2 million in 2025.
  • Business Quant data shows Capital Expenditures for NET at -$15.2 million in Q4 2025, -$9.5 million in Q3 2025, and -$34.8 million in Q2 2025.