Cloudflare (NET) Common Equity (2018 - 2026)
Cloudflare's (NET) quarterly Common Equity came in at $1.5 billion in Q1 2026, up 7.07% year-on-year from $1.4 billion in Q1 2025, and up 4.63% quarter-over-quarter from $1.5 billion in Q4 2025.
Cloudflare (NET) Common Equity (2018 - 2026) Analysis & Trends
Cloudflare has disclosed Common Equity across 9 years of filings, most recently posting $1.5 billion for Q1 2026.
- Common Equity for Q1 2026 came in at $1.5 billion, up 7.07% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.5 billion (up 7.07% YoY), and the FY2025 annual result was $1.5 billion, up 39.47% from the prior year.
- Common Equity came in at $1.5 billion for Q1 2026 at Cloudflare, up from $1.5 billion in the prior quarter.
- In the past five years, Common Equity ranged from a high of $1.5 billion in Q1 2026 to a low of $515.5 million in Q1 2022.
- The 5-year median for Common Equity is $797.2 million (2024), against an average of $927.5 million.
- Across the five-year window, Common Equity sank 35.89% in 2022 and soared 78.86% in 2025, its largest moves.
- Cloudflare's Common Equity stood at $624.0 million in 2022, then climbed by 22.29% to $763.0 million in 2023, then surged by 37.11% to $1.0 billion in 2024, then surged by 39.47% to $1.5 billion in 2025, then climbed by 4.63% to $1.5 billion in 2026.
- The last three Common Equity figures came in at $1.5 billion (Q1 2026), $1.5 billion (Q4 2025), and $1.3 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 414.37 Bn |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn | 33.36 Bn |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn | 39.05 Bn |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | 8.45 Bn |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | 9.39 Bn |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | 4.43 Bn |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | 989.70 Mn |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | 30.55 Bn |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | 1.53 Bn |
| 10 | CoreWeave | 51.85 Bn | 49.58 Bn | 2.01 Bn | 4.76 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.53 Bn |
| Dec 31, 2025 | 1.46 Bn |
| Sep 30, 2025 | 1.35 Bn |
| Jun 30, 2025 | 1.24 Bn |
| Mar 31, 2025 | 1.43 Bn |
| Dec 31, 2024 | 1.05 Bn |
| Sep 30, 2024 | 973.09 Mn |
| Jun 30, 2024 | 881.55 Mn |
| Mar 31, 2024 | 797.22 Mn |
| Dec 31, 2023 | 763.05 Mn |
| Sep 30, 2023 | 699.26 Mn |
| Jun 30, 2023 | 641.83 Mn |
| Mar 31, 2023 | 652.59 Mn |
| Dec 31, 2022 | 623.96 Mn |
| Sep 30, 2022 | 593.99 Mn |
| Jun 30, 2022 | 580.49 Mn |
| Mar 31, 2022 | 515.48 Mn |
| Dec 31, 2021 | 811.36 Mn |
| Sep 30, 2021 | 853.15 Mn |
| Jun 30, 2021 | 801.10 Mn |