Cloudflare (NET) Current Leases (2020 - 2026)
Cloudflare (NET) posted Current Leases of $74.6 million for Q1 2026, up 5.22% sequentially from $70.9 million in Q4 2025, and up 40.6% YoY from $53.1 million in Q1 2025.
Cloudflare (NET) Current Leases (2020 - 2026) Analysis & Trends
Cloudflare has reported Current Leases for 7 years, with the latest figure at $74.6 million in Q1 2026.
- Quarterly Current Leases rose 40.6% year-over-year to $74.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $74.6 million (up 40.6% YoY) and the FY2025 annual result came in at $70.9 million, up 48.87% from the prior year.
- Current Leases grew to $74.6 million in Q1 2026 per NET's latest filing, from $70.9 million in the prior quarter.
- Over five years, Current Leases peaked at $74.6 million in Q1 2026 and troughed at $27.3 million in Q1 2022.
- A 5-year average of $44.3 million and a median of $39.3 million in 2024 frame the typical range for Current Leases.
- The sharpest annual moves came in 2024 and 2025: Current Leases gained 12.87% in 2024, then jumped 51.81% in 2025.
- Over 5 years, Current Leases stood at $33.3 million in 2022, then rose by 15.25% to $38.4 million in 2023, then rose by 24.18% to $47.6 million in 2024, then jumped by 48.87% to $70.9 million in 2025, then rose by 5.22% to $74.6 million in 2026.
- According to Business Quant data, Current Leases over the past three periods registered $74.6 million, $70.9 million, and $65.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,679.34 Bn | 3,546.58 Bn | 60.48 Bn | - |
| 2 | Oracle | 433.50 Bn | 402.15 Bn | - | - |
| 3 | Palantir Technologies | 418.20 Bn | 408.90 Bn | 1.64 Bn | - |
| 4 | Palo Alto Networks | 312.41 Bn | 309.30 Bn | 2.03 Bn | - |
| 5 | Fortinet | 117.38 Bn | 113.31 Bn | 1.64 Bn | - |
| 6 | Cloudflare | 101.74 Bn | 97.57 Bn | 499.52 Mn | 78.24 Mn |
| 7 | Synopsys | 80.70 Bn | 78.49 Bn | 1.77 Bn | 133.10 Mn |
| 8 | CoreWeave | 58.00 Bn | 52.46 Bn | 1.70 Bn | 584.00 Mn |
| 9 | Block | 49.79 Bn | 43.33 Bn | 3.17 Bn | - |
| 10 | NetApp | 40.59 Bn | 37.00 Bn | 1.37 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 78.24 Mn |
| Mar 31, 2026 | 74.60 Mn |
| Dec 31, 2025 | 70.90 Mn |
| Sep 30, 2025 | 65.32 Mn |
| Jun 30, 2025 | 56.81 Mn |
| Mar 31, 2025 | 53.06 Mn |
| Dec 31, 2024 | 47.63 Mn |
| Sep 30, 2024 | 43.03 Mn |
| Jun 30, 2024 | 40.74 Mn |
| Mar 31, 2024 | 39.27 Mn |
| Dec 31, 2023 | 38.35 Mn |
| Sep 30, 2023 | 35.08 Mn |
| Jun 30, 2023 | 35.37 Mn |
| Mar 31, 2023 | 34.80 Mn |
| Dec 31, 2022 | 33.28 Mn |
| Sep 30, 2022 | 28.53 Mn |
| Jun 30, 2022 | 28.30 Mn |
| Mar 31, 2022 | 27.31 Mn |
| Dec 31, 2021 | 25.18 Mn |
| Sep 30, 2021 | 23.45 Mn |