Cloudflare (NET) Depreciation and Depletion (2018 - 2026)

Cloudflare's (NET) quarterly Depreciation and Depletion came in at $49.2 million in Q1 2026, up 32.61% year-on-year from $37.1 million in Q1 2025, and up 5.58% quarter-over-quarter from $46.6 million in Q4 2025.

Cloudflare (NET) Depreciation and Depletion (2018 - 2026) Analysis & Trends

Cloudflare has disclosed Depreciation and Depletion across 9 years of filings, most recently posting $49.2 million for Q1 2026.

  • Depreciation and Depletion for Q1 2026 came in at $49.2 million, up 32.61% year-over-year; the trailing twelve-month figure through Mar 2026 was $179.6 million (up 46.14% YoY), and the FY2025 annual result was $167.5 million, up 52.41% from the prior year.
  • Depreciation and Depletion came in at $49.2 million for Q1 2026 at Cloudflare, up 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.
  • The 5-year median for Depreciation and Depletion is $28.4 million (2023), against an average of $30.9 million.
  • Across the five-year window, Depreciation and Depletion declined 7.39% in 2024 and soared 56.63% in 2025, its largest moves.
  • Cloudflare's Depreciation and Depletion stood at $24.0 million in 2022, then increased by 25.83% to $30.2 million in 2023, then increased by 4.64% to $31.6 million in 2024, then surged by 47.47% to $46.6 million in 2025, then rose by 5.58% to $49.2 million in 2026.
  • The last three Depreciation and Depletion figures came in at $49.2 million (Q1 2026), $46.6 million (Q4 2025), and $43.7 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Depreciation and Depletion (Qtr)
1 Microsoft 2,998.30 Bn 2,920.03 Bn 56.06 Bn 9.00 Bn
2 Alarum Technologies 1,040.72 Bn 1,026.57 Bn 7.23 Mn -
3 Oracle 590.32 Bn 551.74 Bn 15.14 Bn 2.15 Bn
4 Palantir Technologies 316.31 Bn 308.39 Bn 1.42 Bn -
5 Palo Alto Networks 181.17 Bn 176.63 Bn 1.91 Bn -
6 CrowdStrike Holdings 161.69 Bn 158.63 Bn 993.68 Mn -
7 Fortinet 102.35 Bn 99.06 Bn 1.49 Bn 29.50 Mn
8 Synopsys 88.25 Bn 88.13 Bn 1.77 Bn -
9 Cloudflare 83.26 Bn 82.32 Bn 455.60 Mn 49.20 Mn
10 CoreWeave 51.85 Bn 49.58 Bn 2.01 Bn 1.10 Bn

Historic Data

Download Data
DateValue
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