Growth Metrics

Cloudflare (NET) Capital Expenditures: 2017-2024

Historic Capital Expenditures for Cloudflare (NET) over the last 8 years, with Dec 2024 value amounting to $185.0 million.

  • Cloudflare's Capital Expenditures rose 68.60% to $84.6 million in Q3 2025 from the same period last year, while for Sep 2025 it was $303.6 million, marking a year-over-year increase of 112.74%. This contributed to the annual value of $185.0 million for FY2024, which is 61.75% up from last year.
  • Per Cloudflare's latest filing, its Capital Expenditures stood at $185.0 million for FY2024, which was up 61.75% from $114.4 million recorded in FY2023.
  • In the past 5 years, Cloudflare's Capital Expenditures registered a high of $185.0 million during FY2024, and its lowest value of $56.4 million during FY2020.
  • Its 3-year average for Capital Expenditures is $147.7 million, with a median of $143.6 million in 2022.
  • Per our database at Business Quant, Cloudflare's Capital Expenditures skyrocketed by 64.94% in 2021 and then fell by 20.34% in 2023.
  • Over the past 5 years, Cloudflare's Capital Expenditures (Yearly) stood at $56.4 million in 2020, then soared by 64.94% to $93.0 million in 2021, then surged by 54.44% to $143.6 million in 2022, then dropped by 20.34% to $114.4 million in 2023, then soared by 61.75% to $185.0 million in 2024.