Growth Metrics

Cloudflare (NET) Convertible Debt (2020 - 2026)

Cloudflare has reported Convertible Debt over the past 7 years, most recently at $2.0 billion for Q1 2026.

  • Quarterly results put Convertible Debt at $2.0 billion for Q1 2026, up 53.34% from a year ago — trailing twelve months through Mar 2026 was $2.0 billion (up 53.34% YoY), and the annual figure for FY2025 was $2.0 billion, up 53.35%.
  • Convertible Debt reached $2.0 billion in Q1 2026 per NET's latest filing, roughly flat from $2.0 billion in the prior quarter.
  • Across five years, Convertible Debt topped out at $3.3 billion in Q2 2025 and bottomed at $1.3 billion in Q2 2023.
  • Median Convertible Debt over the past 5 years was $1.4 billion (2022), compared with a mean of $1.6 billion.
  • The largest annual shift saw Convertible Debt skyrocketed 265.26% in 2022 before it fell 10.64% in 2024.
  • Over 5 years, Convertible Debt stood at $1.4 billion in 2022, then fell by 10.64% to $1.3 billion in 2023, then increased by 0.31% to $1.3 billion in 2024, then soared by 53.35% to $2.0 billion in 2025, then increased by 0.07% to $2.0 billion in 2026.
  • Business Quant data shows Convertible Debt for NET at $2.0 billion in Q1 2026, $2.0 billion in Q4 2025, and $2.0 billion in Q3 2025.