Cloudflare (NET) Cash & Equivalents (2018 - 2026)
Cloudflare's (NET) quarterly Cash & Equivalents came in at $1.7 billion in Q2 2026, up 9.56% year-over-year from $1.5 billion in Q2 2025, and up 78.47% quarter-over-quarter from $932.2 million in Q1 2026.
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Analysis
Cloudflare (NET) Cash & Equivalents (2018 - 2026) Analysis & Trends
Cloudflare has disclosed Cash & Equivalents across 9 years of filings, most recently posting $1.7 billion for Q2 2026.
- In Q2 2026, Cash & Equivalents rose 9.56% year-over-year to $1.7 billion; the TTM figure through Jun 2026 stood at $1.7 billion (up 9.56% YoY), while the FY2025 annual figure was $943.5 million, up 538.86% from the prior year.
- Cash & Equivalents came in at $1.7 billion for Q2 2026 at Cloudflare, up from $932.2 million in the prior quarter.
- In the past five years, Cash & Equivalents ranged from a high of $1.7 billion in Q2 2026 to a low of $86.9 million in Q4 2023.
- Average Cash & Equivalents over 5 years is $460.6 million, with a median of $193.5 million recorded in 2022.
- Year-over-year, Cash & Equivalents plunged 77.7% in 2022 and surged 867.47% in 2025.
- Over 5 years, Cash & Equivalents stood at $204.2 million in 2022, then sank by 57.46% to $86.9 million in 2023, then soared by 70.03% to $147.7 million in 2024, then jumped by 538.86% to $943.5 million in 2025, then surged by 76.33% to $1.7 billion in 2026.
- Per Business Quant data, the three most recent Cash & Equivalents figures were $1.7 billion in Q2 2026, $932.2 million in Q1 2026, and $943.5 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash & Equiv. (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,833.59 Bn | 3,756.75 Bn | 60.48 Bn | 20.94 Bn |
| 2 | International Business Machines | 212.47 Bn | 163.37 Bn | 9.91 Bn | 7.17 Bn |
| 3 | Cloudflare | 112.40 Bn | 95.93 Bn | 499.52 Mn | 1.66 Bn |
| 4 | Equinix | 99.47 Bn | 88.02 Bn | 1.40 Bn | 979.00 Mn |
| 5 | Nebius | 60.05 Bn | 33.48 Bn | 448.70 Mn | 8.04 Bn |
| 6 | CoreWeave | 48.26 Bn | 35.35 Bn | 1.70 Bn | 5.52 Bn |
| 7 | Verisign | 25.97 Bn | 23.18 Bn | 384.60 Mn | 840.90 Mn |
| 8 | Nutanix | 18.41 Bn | 10.09 Bn | 651.35 Mn | 777.31 Mn |
| 9 | Akamai Technologies | 16.36 Bn | 9.77 Bn | 613.75 Mn | 1.48 Bn |
| 10 | DigitalOcean Holdings | 14.67 Bn | 12.67 Bn | 154.66 Mn | 767.03 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.66 Bn |
| Mar 31, 2026 | 932.23 Mn |
| Dec 31, 2025 | 943.54 Mn |
| Sep 30, 2025 | 1.05 Bn |
| Jun 30, 2025 | 1.52 Bn |
| Mar 31, 2025 | 204.46 Mn |
| Dec 31, 2024 | 147.69 Mn |
| Sep 30, 2024 | 182.88 Mn |
| Jun 30, 2024 | 156.97 Mn |
| Mar 31, 2024 | 254.40 Mn |
| Dec 31, 2023 | 86.86 Mn |
| Sep 30, 2023 | 94.14 Mn |
| Jun 30, 2023 | 159.32 Mn |
| Mar 31, 2023 | 256.36 Mn |
| Dec 31, 2022 | 204.18 Mn |
| Sep 30, 2022 | 137.84 Mn |
| Jun 30, 2022 | 142.68 Mn |
| Mar 31, 2022 | 151.98 Mn |
| Dec 31, 2021 | 313.78 Mn |
| Sep 30, 2021 | 618.23 Mn |
API Access
Cloudflare Cash & Equivalents API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-and-equivalents&ticker=NET&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-and-equivalents", "ticker": "NET", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cash-and-equivalents&ticker=NET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();