Cloudflare (NET) Current Deferred Revenue (2018 - 2026)
Cloudflare's (NET) quarterly Current Deferred Revenue came in at $812.2 million in Q2 2026, up 48.56% year-over-year from $546.7 million in Q2 2025, and up 7.56% quarter-over-quarter from $755.1 million in Q1 2026.
Powered by 
Analysis
Cloudflare (NET) Current Deferred Revenue (2018 - 2026) Analysis & Trends
Cloudflare has disclosed Current Deferred Revenue across 9 years of filings, most recently posting $812.2 million for Q2 2026.
- In Q2 2026, Current Deferred Revenue rose 48.56% year-over-year to $812.2 million; the TTM figure through Jun 2026 stood at $812.2 million (up 48.56% YoY), while the FY2025 annual figure was $684.2 million, up 43.21% from the prior year.
- Current Deferred Revenue came in at $812.2 million for Q2 2026 at Cloudflare, up from $755.1 million in the prior quarter.
- In the past five years, Current Deferred Revenue ranged from a high of $812.2 million in Q2 2026 to a low of $131.6 million in Q1 2022.
- Average Current Deferred Revenue over 5 years is $407.0 million, with a median of $363.6 million recorded in 2024.
- Year-over-year, Current Deferred Revenue soared 98.21% in 2022 and soared 32.54% in 2024.
- Over 5 years, Current Deferred Revenue stood at $218.6 million in 2022, then jumped by 58.98% to $347.6 million in 2023, then jumped by 37.44% to $477.8 million in 2024, then jumped by 43.21% to $684.2 million in 2025, then increased by 18.7% to $812.2 million in 2026.
- Per Business Quant data, the three most recent Current Deferred Revenue figures were $812.2 million in Q2 2026, $755.1 million in Q1 2026, and $684.2 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,717.88 Bn | 3,585.13 Bn | 60.48 Bn |
| 2 | International Business Machines | 219.37 Bn | 208.10 Bn | 9.91 Bn |
| 3 | Cloudflare | 113.46 Bn | 109.29 Bn | 499.52 Mn |
| 4 | Equinix | 102.39 Bn | 100.19 Bn | 1.40 Bn |
| 5 | Nebius | 57.34 Bn | 49.30 Bn | 448.70 Mn |
| 6 | CoreWeave | 47.88 Bn | 42.34 Bn | 1.70 Bn |
| 7 | Verisign | 26.51 Bn | 25.48 Bn | 384.60 Mn |
| 8 | Nutanix | 18.85 Bn | 16.49 Bn | 651.35 Mn |
| 9 | Akamai Technologies | 17.01 Bn | 13.65 Bn | 613.75 Mn |
| 10 | DigitalOcean Holdings | 14.83 Bn | 14.06 Bn | 154.66 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 812.19 Mn |
| Mar 31, 2026 | 755.10 Mn |
| Dec 31, 2025 | 684.21 Mn |
| Sep 30, 2025 | 598.98 Mn |
| Jun 30, 2025 | 546.70 Mn |
| Mar 31, 2025 | 508.09 Mn |
| Dec 31, 2024 | 477.77 Mn |
| Sep 30, 2024 | 389.80 Mn |
| Jun 30, 2024 | 370.97 Mn |
| Mar 31, 2024 | 356.24 Mn |
| Dec 31, 2023 | 347.61 Mn |
| Sep 30, 2023 | 294.10 Mn |
| Jun 30, 2023 | 267.98 Mn |
| Mar 31, 2023 | 238.80 Mn |
| Dec 31, 2022 | 218.65 Mn |
| Sep 30, 2022 | 171.40 Mn |
| Jun 30, 2022 | 155.81 Mn |
| Mar 31, 2022 | 131.65 Mn |
| Dec 31, 2021 | 116.55 Mn |
| Sep 30, 2021 | 92.42 Mn |
API Access
Cloudflare Current Deferred Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=current-deferred-revenue&ticker=NET&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-deferred-revenue", "ticker": "NET", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=current-deferred-revenue&ticker=NET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();