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
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