Cloudflare (NET) Convertible Debt (2020 - 2026)

Cloudflare (NET) has 7 years of Convertible Debt data on file, last reported at $2.0 billion in Q1 2026.

• For the quarter ending Q1 2026, Convertible Debt rose 53.34% year-over-year to $2.0 billion; the trailing twelve-month figure through Mar 2026 stood at $2.0 billion (up 53.34% YoY), and the FY2025 full-year result was $2.0 billion, up 53.35% from the prior year.
• Convertible Debt steadied at $2.0 billion in Q1 2026, from $2.0 billion in the prior quarter.
• In the past five years, Convertible Debt ranged from a high of $3.3 billion in Q2 2025 to a low of $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.
• Across the five-year window, Convertible Debt jumped 265.26% in 2022 and slipped 10.64% in 2024, its largest moves.
• Tracing NET's Convertible Debt over 5 years: stood at $1.4 billion in 2022, then declined by 10.64% to $1.3 billion in 2023, then gained by 0.31% to $1.3 billion in 2024, then surged by 53.35% to $2.0 billion in 2025, then grew by 0.07% to $2.0 billion in 2026.
• Business Quant data shows NET's Convertible Debt at $2.0 billion in Q1 2026, $2.0 billion in Q4 2025, and $2.0 billion in Q3 2025.