Cloudflare (NET) Enterprise Value (2018 - 2026)

Cloudflare (NET) reported Enterprise Value of -$943.2 million for Q1 2026, up 50.74% on a YoY basis from -$625.7 million in Q1 2025, and up 77.0% sequentially from -$4.1 billion in Q4 2025.

Cloudflare (NET) Enterprise Value (2018 - 2026) Analysis & Trends

Cloudflare (NET) has 9 years of Enterprise Value data on file, last reported at -$943.2 million in Q1 2026.

  • For the quarter ending Q1 2026, Enterprise Value rose 50.74% year-over-year to -$943.2 million; the trailing twelve-month figure through Mar 2026 stood at -$943.2 million (up 50.74% YoY), and the FY2025 full-year result was -$4.1 billion, down 2598.83% from the prior year.
  • Enterprise Value advanced to -$943.2 million in Q1 2026, from -$4.1 billion in the prior quarter.
  • In the past five years, Enterprise Value ranged from a high of -$89.4 million in Q4 2023 to a low of -$4.1 billion in Q4 2025.
  • A 5-year average of -$1.7 billion and a median of -$1.6 billion in 2022 frame the typical range for Enterprise Value.
  • Across the five-year window, Enterprise Value jumped 94.58% in 2023 and slumped 2598.83% in 2025, its largest moves.
  • Tracing NET's Enterprise Value over 5 years: stood at -$1.6 billion in 2022, then jumped by 94.58% to -$89.4 million in 2023, then plunged by 70.01% to -$152.0 million in 2024, then tumbled by 2598.83% to -$4.1 billion in 2025, then surged by 77.0% to -$943.2 million in 2026.
  • Business Quant data shows NET's Enterprise Value at -$943.2 million in Q1 2026, -$4.1 billion in Q4 2025, and -$4.0 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 Microsoft 2,842.90 Bn 2,718.46 Bn 56.06 Bn -124.44 Bn
2 PagSeguro Digital 2,572.26 Bn 2,572.26 Bn 358.92 Mn -331.99 Mn
3 Oracle 329.59 Bn 297.69 Bn - -31.35 Bn
4 Repay Holdings 314.63 Bn 314.48 Bn - -147.67 Mn
5 Palantir Technologies 294.47 Bn 286.44 Bn 1.42 Bn -7.92 Bn
6 Palo Alto Networks 227.51 Bn 222.98 Bn 1.91 Bn -4.54 Bn
7 CrowdStrike Holdings 183.28 Bn 180.18 Bn 993.68 Mn -3.06 Bn
8 Fortinet 112.44 Bn 109.14 Bn 1.49 Bn -3.29 Bn
9 Cloudflare 92.78 Bn 91.83 Bn 455.60 Mn -943.18 Mn
10 Synopsys 70.83 Bn 68.63 Bn 1.77 Bn -2.20 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 -943.18 Mn
Dec 31, 2025 -4.10 Bn
Sep 30, 2025 -4.04 Bn
Jun 30, 2025 -3.96 Bn
Mar 31, 2025 -1.91 Bn
Dec 31, 2024 -151.96 Mn
Sep 30, 2024 -1.82 Bn
Jun 30, 2024 -1.76 Bn
Mar 31, 2024 -1.72 Bn
Dec 31, 2023 -89.39 Mn
Sep 30, 2023 -95.76 Mn
Jun 30, 2023 -1.58 Bn
Mar 31, 2023 -266.87 Mn
Dec 31, 2022 -1.65 Bn
Sep 30, 2022 -1.64 Bn
Jun 30, 2022 -1.64 Bn
Mar 31, 2022 -1.73 Bn
Dec 31, 2021 -1.82 Bn
Sep 30, 2021 -1.81 Bn
Jun 30, 2021 -250.21 Mn