Cloudflare (NET) Depreciation & Amortization (CF) (2018 - 2026)
Cloudflare's (NET) quarterly Depreciation & Amortization (CF) came in at $65.4 million in Q2 2026, up 43.7% year-over-year from $45.5 million in Q2 2025, and up 13.05% quarter-over-quarter from $57.8 million in Q1 2026.
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Analysis
Cloudflare (NET) Depreciation & Amortization (CF) (2018 - 2026) Analysis & Trends
Cloudflare has disclosed Depreciation & Amortization (CF) across 9 years of filings, most recently posting $65.4 million for Q2 2026.
- In Q2 2026, Depreciation & Amortization (CF) rose 43.7% year-over-year to $65.4 million; the TTM figure through Jun 2026 stood at $225.2 million (up 44.71% YoY), while the FY2025 annual figure was $189.7 million, up 48.56% from the prior year.
- Depreciation & Amortization (CF) came in at $65.4 million for Q2 2026 at Cloudflare, up from $57.8 million in the prior quarter.
- In the past five years, Depreciation & Amortization (CF) ranged from a high of $65.4 million in Q2 2026 to a low of $20.0 million in Q1 2022.
- Average Depreciation & Amortization (CF) over 5 years is $37.7 million, with a median of $34.1 million recorded in 2023.
- Year-over-year, Depreciation & Amortization (CF) soared 61.65% in 2022 and slipped 11.93% in 2024.
- Over 5 years, Depreciation & Amortization (CF) stood at $29.6 million in 2022, then increased by 22.09% to $36.2 million in 2023, then grew by 0.18% to $36.2 million in 2024, then soared by 45.08% to $52.6 million in 2025, then advanced by 24.28% to $65.4 million in 2026.
- Per Business Quant data, the three most recent Depreciation & Amortization (CF) figures were $65.4 million in Q2 2026, $57.8 million in Q1 2026, and $52.6 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Amort. (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,717.88 Bn | 3,585.13 Bn | 60.48 Bn | - |
| 2 | International Business Machines | 219.37 Bn | 208.10 Bn | 9.91 Bn | - |
| 3 | Cloudflare | 113.46 Bn | 109.29 Bn | 499.52 Mn | 65.36 Mn |
| 4 | Equinix | 102.39 Bn | 100.19 Bn | 1.40 Bn | - |
| 5 | Nebius | 57.34 Bn | 49.30 Bn | 448.70 Mn | 253.80 Mn |
| 6 | CoreWeave | 47.88 Bn | 42.34 Bn | 1.70 Bn | 1.39 Bn |
| 7 | Verisign | 26.51 Bn | 25.48 Bn | 384.60 Mn | 6.60 Mn |
| 8 | Nutanix | 18.85 Bn | 16.49 Bn | 651.35 Mn | 17.06 Mn |
| 9 | Akamai Technologies | 17.01 Bn | 13.65 Bn | 613.75 Mn | 185.54 Mn |
| 10 | DigitalOcean Holdings | 14.83 Bn | 14.06 Bn | 154.66 Mn | 51.15 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 65.36 Mn |
| Mar 31, 2026 | 57.81 Mn |
| Dec 31, 2025 | 52.59 Mn |
| Sep 30, 2025 | 49.47 Mn |
| Jun 30, 2025 | 45.48 Mn |
| Mar 31, 2025 | 42.21 Mn |
| Dec 31, 2024 | 36.25 Mn |
| Sep 30, 2024 | 31.71 Mn |
| Jun 30, 2024 | 29.66 Mn |
| Mar 31, 2024 | 30.11 Mn |
| Dec 31, 2023 | 36.18 Mn |
| Sep 30, 2023 | 34.46 Mn |
| Jun 30, 2023 | 33.67 Mn |
| Mar 31, 2023 | 31.51 Mn |
| Dec 31, 2022 | 29.63 Mn |
| Sep 30, 2022 | 27.35 Mn |
| Jun 30, 2022 | 25.34 Mn |
| Mar 31, 2022 | 20.01 Mn |
| Dec 31, 2021 | 18.33 Mn |
| Sep 30, 2021 | 17.03 Mn |
API Access
Cloudflare Depreciation & Amortization (CF) API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=depreciation-and-amortization-cf&ticker=NET&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-amortization-cf", "ticker": "NET", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=depreciation-and-amortization-cf&ticker=NET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();