Cloudflare (NET) Equity Average (2018 - 2026)

Cloudflare's (NET) quarterly Equity Average came in at $1.5 billion in Q1 2026, up 20.78% year-on-year from $1.2 billion in Q1 2025, and up 6.4% quarter-over-quarter from $1.4 billion in Q4 2025.

Cloudflare (NET) Equity Average (2018 - 2026) Analysis & Trends

Cloudflare has disclosed Equity Average across 9 years of filings, most recently posting $1.5 billion for Q1 2026.

  • Equity Average for Q1 2026 came in at $1.5 billion, up 20.78% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.5 billion (up 20.78% YoY), and the FY2025 annual result was $1.3 billion, up 38.47% from the prior year.
  • Equity Average came in at $1.5 billion for Q1 2026 at Cloudflare, up from $1.4 billion in the prior quarter.
  • In the past five years, Equity Average ranged from a high of $1.5 billion in Q1 2026 to a low of $548.0 million in Q2 2022.
  • The 5-year median for Equity Average is $780.1 million (2024), against an average of $906.4 million.
  • Across the five-year window, Equity Average sank 31.72% in 2022 and surged 58.78% in 2025, its largest moves.
  • Cloudflare's Equity Average stood at $609.0 million in 2022, then grew by 20.06% to $731.2 million in 2023, then soared by 38.09% to $1.0 billion in 2024, then surged by 38.97% to $1.4 billion in 2025, then rose by 6.4% to $1.5 billion in 2026.
  • The last three Equity Average figures came in at $1.5 billion (Q1 2026), $1.4 billion (Q4 2025), and $1.3 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Avg. (Qtr)
1 Microsoft 3,064.95 Bn 2,986.68 Bn 56.06 Bn 263.58 Bn
2 Alarum Technologies 1,117.04 Bn 1,102.89 Bn 7.23 Mn -
3 Oracle 608.54 Bn 569.96 Bn 15.14 Bn 39.54 Bn
4 Palantir Technologies 326.97 Bn 319.05 Bn 1.42 Bn 7.92 Bn
5 Palo Alto Networks 185.10 Bn 180.56 Bn 1.91 Bn 9.03 Bn
6 CrowdStrike Holdings 165.31 Bn 162.25 Bn 993.68 Mn 4.22 Bn
7 Fortinet 105.66 Bn 102.37 Bn 1.49 Bn 1.11 Bn
8 Synopsys 89.71 Bn 89.60 Bn 1.77 Bn 29.44 Bn
9 Cloudflare 87.54 Bn 86.60 Bn 455.60 Mn 1.49 Bn
10 CoreWeave 53.90 Bn 51.63 Bn 2.01 Bn 4.05 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.49 Bn
Dec 31, 2025 1.40 Bn
Sep 30, 2025 1.29 Bn
Jun 30, 2025 1.33 Bn
Mar 31, 2025 1.24 Bn
Dec 31, 2024 1.01 Bn
Sep 30, 2024 927.32 Mn
Jun 30, 2024 839.38 Mn
Mar 31, 2024 780.14 Mn
Dec 31, 2023 731.15 Mn
Sep 30, 2023 670.55 Mn
Jun 30, 2023 647.21 Mn
Mar 31, 2023 638.28 Mn
Dec 31, 2022 608.98 Mn
Sep 30, 2022 587.24 Mn
Jun 30, 2022 547.98 Mn
Mar 31, 2022 663.42 Mn
Dec 31, 2021 832.25 Mn
Sep 30, 2021 827.12 Mn
Jun 30, 2021 802.57 Mn