Cloudflare (NET) Enterprise Value (2018 - 2026)
Cloudflare (NET) reported Enterprise Value of -$943.2 million for Q1 2026, down 351.65% year-over-year from $374.8 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's Enterprise Value history runs 9 years deep, the most recent figure standing at -$943.2 million for Q1 2026.
- Quarterly Enterprise Value fell 351.65% year-over-year to -$943.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$943.2 million (down 351.65% YoY) and the FY2025 annual result came in at -$4.1 billion, down 2598.83% from the prior year.
- Enterprise Value was -$943.2 million for Q1 2026 at Cloudflare, up 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.
- Median Enterprise Value over the past 5 years was -$943.2 million (2026), compared with a mean of -$1.2 billion.
- Across the five-year window, Enterprise Value soared 94.58% in 2023 and tumbled 2598.83% in 2025, its largest moves.
- Over 5 years, Enterprise Value stood at -$1.6 billion in 2022, then jumped by 94.58% to -$89.4 million in 2023, then slumped by 70.01% to -$152.0 million in 2024, then sank 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 -$1.1 billion in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | ZenaTech | 82,806.72 Bn | 82,806.72 Bn | - | -4.29 Mn |
| 2 | Microsoft | 11,085.79 Bn | 11,007.52 Bn | 56.06 Bn | -78.27 Bn |
| 3 | Palantir Technologies | 1,073.49 Bn | 1,065.58 Bn | 1.42 Bn | -7.92 Bn |
| 4 | Rezolve Ai | 1,009.18 Bn | 1,009.17 Bn | - | -9.73 Mn |
| 5 | Palo Alto Networks | 824.56 Bn | 820.03 Bn | 1.91 Bn | -4.54 Bn |
| 6 | CrowdStrike Holdings | 701.26 Bn | 698.20 Bn | 993.68 Mn | -3.06 Bn |
| 7 | Oracle | 514.97 Bn | 476.40 Bn | 17.12 Bn | -31.35 Bn |
| 8 | Fortinet | 456.74 Bn | 453.45 Bn | 1.49 Bn | -3.29 Bn |
| 9 | Cloudflare | 331.63 Bn | 330.68 Bn | 455.60 Mn | -943.18 Mn |
| 10 | Synopsys | 303.79 Bn | 303.67 Bn | 1.77 Bn | -117.84 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -943.18 Mn |
| Dec 31, 2025 | -4.10 Bn |
| Sep 30, 2025 | -1.06 Bn |
| Jun 30, 2025 | -3.96 Bn |
| Mar 31, 2025 | -208.83 Mn |
| Dec 31, 2024 | -151.96 Mn |
| Sep 30, 2024 | -1.82 Bn |
| Jun 30, 2024 | -157.97 Mn |
| Mar 31, 2024 | -259.94 Mn |
| 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 | -152.03 Mn |
| Mar 31, 2022 | -1.73 Bn |
| Dec 31, 2021 | -1.82 Bn |
| Sep 30, 2021 | -618.70 Mn |
| Jun 30, 2021 | -250.21 Mn |