Cloudflare (NET) Depreciation and Depletion (2018 - 2026)
Cloudflare (NET) reported Depreciation and Depletion of $49.2 million for Q1 2026, up 32.61% on a YoY basis from $37.1 million in Q1 2025, and up 5.58% sequentially from $46.6 million in Q4 2025.
Cloudflare (NET) Depreciation and Depletion (2018 - 2026) Analysis & Trends
Cloudflare (NET) has 9 years of Depreciation and Depletion data on file, last reported at $49.2 million in Q1 2026.
- For the quarter ending Q1 2026, Depreciation and Depletion rose 32.61% year-over-year to $49.2 million; the trailing twelve-month figure through Mar 2026 stood at $179.6 million (up 46.14% YoY), and the FY2025 full-year result was $167.5 million, up 52.41% from the prior year.
- Depreciation and Depletion advanced to $49.2 million in Q1 2026, from $46.6 million in the prior quarter.
- In the past five years, Depreciation and Depletion ranged from a high of $49.2 million in Q1 2026 to a low of $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.
- Across the five-year window, Depreciation and Depletion declined 7.39% in 2024 and soared 56.63% in 2025, its largest moves.
- Tracing NET's Depreciation and Depletion over 5 years: stood at $24.0 million in 2022, then grew by 25.83% to $30.2 million in 2023, then grew by 4.64% to $31.6 million in 2024, then jumped by 47.47% to $46.6 million in 2025, then increased by 5.58% to $49.2 million in 2026.
- Business Quant data shows NET's Depreciation and Depletion at $49.2 million in Q1 2026, $46.6 million in Q4 2025, and $43.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation and Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,921.46 Bn | 2,797.02 Bn | 56.06 Bn | 9.00 Bn |
| 2 | PagSeguro Digital | 2,686.70 Bn | 2,686.70 Bn | 358.92 Mn | - |
| 3 | Oracle | 344.13 Bn | 312.24 Bn | - | 2.39 Bn |
| 4 | Repay Holdings | 342.29 Bn | 342.15 Bn | - | - |
| 5 | Palantir Technologies | 294.57 Bn | 286.54 Bn | 1.42 Bn | - |
| 6 | Palo Alto Networks | 224.46 Bn | 219.93 Bn | 1.91 Bn | - |
| 7 | CrowdStrike Holdings | 182.52 Bn | 179.42 Bn | 993.68 Mn | - |
| 8 | Fortinet | 111.29 Bn | 107.99 Bn | 1.49 Bn | 29.50 Mn |
| 9 | Cloudflare | 93.63 Bn | 92.68 Bn | 455.60 Mn | 49.20 Mn |
| 10 | Synopsys | 72.71 Bn | 70.50 Bn | 1.77 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 31, 2023 | 30.20 Mn |
| Dec 31, 2023 | 30.20 Mn |