Cloudflare (NET) Convertible Debt (2020 - 2026)

Cloudflare has disclosed Convertible Debt across 7 years of filings, most recently posting $2.0 billion for Q2 2026.

• In Q2 2026, Convertible Debt fell 39.37% year-over-year to $2.0 billion; the TTM figure through Jun 2026 stood at $2.0 billion (down 39.37% YoY), while the FY2025 annual figure was $2.0 billion, up 53.35% from the prior year.
• Convertible Debt came in at $2.0 billion for Q2 2026 at Cloudflare, roughly flat 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.
• Average Convertible Debt over 5 years is $1.6 billion, with a median of $1.4 billion recorded in 2022.
• Year-over-year, Convertible Debt surged 265.26% in 2022 and plunged 39.37% in 2026.
• Over 5 years, Convertible Debt stood at $1.4 billion in 2022, then fell by 10.64% to $1.3 billion in 2023, then advanced by 0.31% to $1.3 billion in 2024, then soared by 53.35% to $2.0 billion in 2025, then grew by 0.15% to $2.0 billion in 2026.
• Per Business Quant data, the three most recent Convertible Debt figures were $2.0 billion in Q2 2026, $2.0 billion in Q1 2026, and $2.0 billion in Q4 2025.