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

Cloudflare's (NET) quarterly Debt to Equity came in at $0.85 in Q1 2026, down 4.35% quarter-over-quarter from $0.88 in Q4 2025.

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

Cloudflare has disclosed Debt to Equity across 6 years of filings, most recently posting $0.85 for Q1 2026.

Debt to Equity for Q1 2026 came in at $0.85, changed N/A year-over-year; the trailing twelve-month figure through Mar 2026 was $0.85 (changed N/A YoY), and the FY2025 annual result was $0.88, changed N/A from the prior year.
Debt to Equity came in at $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.
The 3-year median for Debt to Equity is $0.87 (2025), against an average of $0.69.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Debt/Equity (Qtr)
1	Microsoft	3,064.95 Bn	2,986.68 Bn	56.06 Bn	0.10
2	Alarum Technologies	1,117.04 Bn	1,102.89 Bn	7.23 Mn	-
3	Oracle	608.54 Bn	569.96 Bn	15.14 Bn	3.24
4	Palantir Technologies	326.97 Bn	319.05 Bn	1.42 Bn	-
5	Palo Alto Networks	185.10 Bn	180.56 Bn	1.91 Bn	-
6	CrowdStrike Holdings	165.31 Bn	162.25 Bn	993.68 Mn	0.17
7	Fortinet	105.66 Bn	102.37 Bn	1.49 Bn	0.50
8	Synopsys	89.71 Bn	89.60 Bn	1.77 Bn	0.33
9	Cloudflare	87.54 Bn	86.60 Bn	455.60 Mn	0.85
10	CoreWeave	53.90 Bn	51.63 Bn	2.01 Bn	5.22

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