Cloudflare (NET) Debt to Equity (2018 - 2026)

Cloudflare (NET) reported Debt to Equity of $0.85 for Q1 2026, down 4.35% sequentially from $0.88 in Q4 2025.

Cloudflare (NET) Debt to Equity (2018 - 2026) Analysis & Trends

Cloudflare's Debt to Equity history runs 6 years deep, the most recent figure standing at $0.85 for Q1 2026.

  • Quarterly Debt to Equity changed N/A year-over-year to $0.85 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $0.85 (changed N/A YoY) and the FY2025 annual result came in at $0.88, changed N/A from the prior year.
  • Debt to Equity was $0.85 for Q1 2026 at Cloudflare, down from $0.88 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $0.96 in Q3 2025 to a low of $0.06 in Q2 2023.
  • Median Debt to Equity over the past 3 years was $0.87 (2025), compared with a mean of $0.69.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 ZenaTech 82,806.72 Bn 82,806.72 Bn - 0.05
2 Microsoft 11,085.79 Bn 11,007.52 Bn 56.06 Bn 0.10
3 Palantir Technologies 1,073.49 Bn 1,065.58 Bn 1.42 Bn -
4 Rezolve Ai 1,009.18 Bn 1,009.17 Bn - 0.11
5 Palo Alto Networks 824.56 Bn 820.03 Bn 1.91 Bn -
6 CrowdStrike Holdings 701.26 Bn 698.20 Bn 993.68 Mn 0.17
7 Oracle 514.97 Bn 476.40 Bn 17.12 Bn 2.84
8 Fortinet 456.74 Bn 453.45 Bn 1.49 Bn 0.50
9 Cloudflare 331.63 Bn 330.68 Bn 455.60 Mn 0.85
10 Synopsys 303.79 Bn 303.67 Bn 1.77 Bn 0.33

Historic Data

Download Data
DateValue
Mar 31, 2026 0.85
Dec 31, 2025 0.88
Sep 30, 2025 0.96
Jun 30, 2023 0.06
Dec 31, 2021 0.01
Sep 30, 2019 0.00
Dec 31, 2018 0.00