Growth Metrics

Cloudflare (NET) Current Leases (2020 - 2025)

Cloudflare's Current Leases history spans 6 years, with the latest figure at $70.9 million for Q4 2025.

  • For Q4 2025, Current Leases rose 48.87% year-over-year to $70.9 million; the TTM value through Dec 2025 reached $70.9 million, up 48.87%, while the annual FY2025 figure was $70.9 million, 48.87% up from the prior year.
  • Current Leases for Q4 2025 was $70.9 million at Cloudflare, up from $65.3 million in the prior quarter.
  • Across five years, Current Leases topped out at $70.9 million in Q4 2025 and bottomed at $18.0 million in Q1 2021.
  • The 5-year median for Current Leases is $35.2 million (2023), against an average of $38.2 million.
  • The largest annual shift saw Current Leases increased 5.77% in 2021 before it soared 51.81% in 2025.
  • A 5-year view of Current Leases shows it stood at $25.2 million in 2021, then skyrocketed by 32.17% to $33.3 million in 2022, then increased by 15.25% to $38.4 million in 2023, then increased by 24.18% to $47.6 million in 2024, then soared by 48.87% to $70.9 million in 2025.
  • Per Business Quant, the three most recent readings for NET's Current Leases are $70.9 million (Q4 2025), $65.3 million (Q3 2025), and $56.8 million (Q2 2025).