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| 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 |