Cloudflare NET
NYSE NET
$280.02 -4.49 (-1.58%)
As of: Sep 4, 2026 · 2:38 PM EDT

Cloudflare (NET) Enterprise Value (2019 - 2026)

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

Analysis

Cloudflare (NET) Enterprise Value (2019 - 2026) Analysis & Trends

Cloudflare has reported Enterprise Value for 9 years, with the latest figure at -$943.2 million in Q1 2026.

  • Quarterly Enterprise Value rose 50.74% year-over-year to -$943.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$943.2 million (up 50.74% YoY) and the FY2025 annual result came in at -$4.1 billion, down 2598.83% from the prior year.
  • Enterprise Value advanced to -$943.2 million in Q1 2026 per NET's latest filing, from -$4.1 billion in the prior quarter.
  • Over five years, Enterprise Value peaked at -$89.4 million in Q4 2023 and troughed at -$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.
  • The sharpest annual moves came in 2023 and 2025: Enterprise Value soared 94.58% in 2023, then plunged 2598.83% in 2025.
  • Over 5 years, Enterprise Value stood at -$1.6 billion in 2022, then jumped by 94.58% to -$89.4 million in 2023, then tumbled by 70.01% to -$152.0 million in 2024, then slumped by 2598.83% to -$4.1 billion in 2025, then surged by 77.0% to -$943.2 million in 2026.
  • According to Business Quant data, Enterprise Value over the past three periods registered -$943.2 million, -$4.1 billion, and -$4.0 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Microsoft 3,713.76 Bn 3,581.01 Bn 60.48 Bn
2 Oracle 450.04 Bn 418.14 Bn -
3 Palantir Technologies 418.31 Bn 408.90 Bn 1.64 Bn
4 Palo Alto Networks 267.65 Bn 264.54 Bn 2.03 Bn
5 CrowdStrike Holdings 216.60 Bn 211.59 Bn 1.10 Bn
6 Fortinet 114.71 Bn 110.64 Bn 1.64 Bn
7 Cloudflare 99.23 Bn 95.07 Bn 499.52 Mn
8 Synopsys 75.15 Bn 71.55 Bn 1.80 Bn
9 Block 49.78 Bn 43.36 Bn 3.17 Bn
10 CoreWeave 48.53 Bn 42.99 Bn 1.70 Bn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 74.86 Bn
Mar 31, 2026 61.72 Bn
Dec 31, 2025 58.46 Bn
Sep 30, 2025 63.59 Bn
Jun 30, 2025 57.27 Bn
Mar 31, 2025 33.02 Bn
Dec 31, 2024 31.30 Bn
Sep 30, 2024 22.88 Bn
Jun 30, 2024 23.37 Bn
Mar 31, 2024 27.43 Bn
Dec 31, 2023 23.15 Bn
Sep 30, 2023 17.06 Bn
Jun 30, 2023 17.49 Bn
Mar 31, 2023 16.13 Bn
Dec 31, 2022 11.31 Bn
Sep 30, 2022 14.08 Bn
Jun 30, 2022 10.73 Bn
Mar 31, 2022 31.84 Bn
Dec 31, 2021 34.70 Bn
Sep 30, 2021 29.00 Bn