Cloudflare (NET) Depreciation and Depletion (2018 - 2026)
Cloudflare (NET) posted Depreciation and Depletion of $49.2 million for Q1 2026, up 5.58% sequentially from $46.6 million in Q4 2025, and up 32.61% YoY from $37.1 million in Q1 2025.
Cloudflare (NET) Depreciation and Depletion (2018 - 2026) Analysis & Trends
Cloudflare has reported Depreciation and Depletion for 9 years, with the latest figure at $49.2 million in Q1 2026.
- Quarterly Depreciation and Depletion rose 32.61% year-over-year to $49.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $179.6 million (up 46.14% YoY) and the FY2025 annual result came in at $167.5 million, up 52.41% from the prior year.
- Depreciation and Depletion advanced to $49.2 million in Q1 2026 per NET's latest filing, from $46.6 million in the prior quarter.
- Over five years, Depreciation and Depletion peaked at $49.2 million in Q1 2026 and troughed at $18.9 million in Q1 2022.
- A 5-year average of $30.9 million and a median of $28.4 million in 2023 frame the typical range for Depreciation and Depletion.
- The sharpest annual moves came in 2024 and 2025: Depreciation and Depletion retreated 7.39% in 2024, then surged 56.63% in 2025.
- Over 5 years, Depreciation and Depletion stood at $24.0 million in 2022, then gained by 25.83% to $30.2 million in 2023, then gained by 4.64% to $31.6 million in 2024, then jumped by 47.47% to $46.6 million in 2025, then advanced by 5.58% to $49.2 million in 2026.
- According to Business Quant data, Depreciation and Depletion over the past three periods registered $49.2 million, $46.6 million, and $43.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation and Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 10.30 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | - |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | 2.39 Bn |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | - |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 31.50 Mn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 51.50 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | - |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 1.40 Bn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | - |
| 10 | NetApp | 40.73 Bn | 37.15 Bn | 1.37 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 51.50 Mn |
| Jun 30, 2026 | 51.50 Mn |
| Mar 31, 2026 | 49.20 Mn |
| Mar 31, 2026 | 49.20 Mn |
| Dec 31, 2025 | 46.60 Mn |
| Dec 31, 2025 | 46.60 Mn |
| Sep 30, 2025 | 43.70 Mn |
| Sep 30, 2025 | 43.70 Mn |
| Jun 30, 2025 | 40.10 Mn |
| Jun 30, 2025 | 40.10 Mn |
| Mar 31, 2025 | 37.10 Mn |
| Mar 31, 2025 | 37.10 Mn |
| Dec 31, 2024 | 31.60 Mn |
| Dec 31, 2024 | 31.60 Mn |
| Sep 30, 2024 | 27.90 Mn |
| Sep 30, 2024 | 27.90 Mn |
| Jun 30, 2024 | 26.30 Mn |
| Jun 30, 2024 | 26.30 Mn |
| Mar 31, 2024 | 24.10 Mn |
| Mar 31, 2024 | 24.10 Mn |