Cloudflare (NET) Debt Ratio (2018 - 2026)

Cloudflare (NET) reported Debt Ratio of 0.21 for Q1 2026, down 2.0% sequentially from 0.21 in Q4 2025.

Cloudflare (NET) Debt Ratio (2018 - 2026) Analysis & Trends

Cloudflare (NET) has 6 years of Debt Ratio data on file, last reported at 0.21 in Q1 2026.

  • For the quarter ending Q1 2026, Debt Ratio changed N/A year-over-year to 0.21; the trailing twelve-month figure through Mar 2026 stood at 0.21 (changed N/A YoY), and the FY2025 full-year result was 0.21, changed N/A from the prior year.
  • Debt Ratio slipped to 0.21 in Q1 2026, from 0.21 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.22 in Q3 2025 to a low of 0.01 in Q2 2023.
  • A 3-year average of 0.17 and a median of 0.21 in 2025 frame the typical range for Debt Ratio.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Microsoft 2,842.90 Bn 2,718.46 Bn 56.06 Bn 0.06
2 PagSeguro Digital 2,572.26 Bn 2,572.26 Bn 358.92 Mn 0.03
3 Oracle 329.59 Bn 297.69 Bn - 0.47
4 Repay Holdings 314.63 Bn 314.48 Bn - 0.36
5 Palantir Technologies 294.47 Bn 286.44 Bn 1.42 Bn -
6 Palo Alto Networks 227.51 Bn 222.98 Bn 1.91 Bn -
7 CrowdStrike Holdings 183.28 Bn 180.18 Bn 993.68 Mn 0.07
8 Fortinet 112.44 Bn 109.14 Bn 1.49 Bn 0.05
9 Cloudflare 92.78 Bn 91.83 Bn 455.60 Mn 0.21
10 Synopsys 70.83 Bn 68.63 Bn 1.77 Bn 0.21

Historic Data

Download Data
DateValue
Mar 31, 2026 0.21
Dec 31, 2025 0.21
Sep 30, 2025 0.22
Jun 30, 2023 0.01
Dec 31, 2021 0.01
Sep 30, 2019 0.00
Dec 31, 2018 0.00