Growth Metrics

Cloudflare (NET) Convertible Debt: 2020-2024

Historic Convertible Debt for Cloudflare (NET) over the last 5 years, with Dec 2024 value amounting to $1.3 billion.

  • Cloudflare's Convertible Debt rose 53.36% to $2.0 billion in Q3 2025 from the same period last year, while for Sep 2025 it was $2.0 billion, marking a year-over-year increase of 53.36%. This contributed to the annual value of $1.3 billion for FY2024, which is 0.31% up from last year.
  • Per Cloudflare's latest filing, its Convertible Debt stood at $1.3 billion for FY2024, which was up 0.31% from $1.3 billion recorded in FY2023.
  • Cloudflare's Convertible Debt's 5-year high stood at $1.4 billion during FY2022, with a 5-year trough of $383.3 million in FY2020.
  • For the 3-year period, Cloudflare's Convertible Debt averaged around $1.3 billion, with its median value being $1.3 billion (2024).
  • In the last 5 years, Cloudflare's Convertible Debt spiked by 199.23% in 2021 and then decreased by 10.64% in 2023.
  • Cloudflare's Convertible Debt (Yearly) stood at $383.3 million in 2020, then skyrocketed by 199.23% to $1.1 billion in 2021, then grew by 25.23% to $1.4 billion in 2022, then dropped by 10.64% to $1.3 billion in 2023, then grew by 0.31% to $1.3 billion in 2024.