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 (NET) has 9 years of Depreciation and Depletion data on file, last reported 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.
  • The five-year high for Depreciation and Depletion was $49.2 million in Q1 2026, with the low at $18.9 million in Q1 2022.
  • Average Depreciation and Depletion over 5 years is $30.9 million, with a median of $28.4 million recorded in 2023.
  • Year-over-year, Depreciation and Depletion slipped 7.39% in 2024 and jumped 56.63% in 2025.
  • Cloudflare's Depreciation and Depletion stood at $24.0 million in 2022, then advanced by 25.83% to $30.2 million in 2023, then advanced by 4.64% to $31.6 million in 2024, then surged by 47.47% to $46.6 million in 2025, then climbed 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 2,853.66 Bn 2,775.39 Bn 56.06 Bn 9.00 Bn
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 2.42 Bn
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn -
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn -
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn -
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn 29.50 Mn
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn 49.20 Mn
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn -
9 Block 46.10 Bn 39.21 Bn 2.91 Bn -
10 CoreWeave 45.15 Bn 42.89 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