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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |