Cloudflare (NET) Convertible Debt (2020 - 2026)

Cloudflare has reported Convertible Debt for 7 years, with the latest figure at $2.0 billion in Q1 2026.

• Quarterly Convertible Debt rose 53.34% year-over-year to $2.0 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.0 billion (up 53.34% YoY) and the FY2025 annual result came in at $2.0 billion, up 53.35% from the prior year.
• Convertible Debt steadied at $2.0 billion in Q1 2026 per NET's latest filing, from $2.0 billion in the prior quarter.
• Over five years, Convertible Debt peaked at $3.3 billion in Q2 2025 and troughed at $1.3 billion in Q2 2023.
• A 5-year average of $1.6 billion and a median of $1.4 billion in 2022 frame the typical range for Convertible Debt.
• The sharpest annual moves came in 2022 and 2024: Convertible Debt soared 265.26% in 2022, then declined 10.64% in 2024.
• Over 5 years, Convertible Debt stood at $1.4 billion in 2022, then decreased by 10.64% to $1.3 billion in 2023, then grew by 0.31% to $1.3 billion in 2024, then surged by 53.35% to $2.0 billion in 2025, then gained by 0.07% to $2.0 billion in 2026.
• According to Business Quant data, Convertible Debt over the past three periods registered $2.0 billion, $2.0 billion, and $2.0 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.