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| 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 |