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Cloudflare (NET) Free Cash Flow (2018 - 2025)

Cloudflare's Free Cash Flow history spans 8 years, with the latest figure at $394.5 million for Q4 2025.

  • For Q4 2025, Free Cash Flow rose 1949.01% year-over-year to $394.5 million; the TTM value through Dec 2025 reached $576.8 million, up 195.18%, while the annual FY2025 figure was $576.8 million, 195.18% up from the prior year.
  • Free Cash Flow for Q4 2025 was $394.5 million at Cloudflare, up from -$12.2 million in the prior quarter.
  • Across five years, Free Cash Flow topped out at $394.5 million in Q4 2025 and bottomed at -$52.4 million in Q1 2022.
  • The 5-year median for Free Cash Flow is $21.5 million (2022), against an average of $48.9 million.
  • The largest annual shift saw Free Cash Flow crashed 4373.16% in 2022 before it surged 1949.01% in 2025.
  • A 5-year view of Free Cash Flow shows it stood at $12.3 million in 2021, then surged by 1142.41% to $152.6 million in 2022, then plummeted by 64.2% to $54.6 million in 2023, then tumbled by 139.06% to -$21.3 million in 2024, then soared by 1949.01% to $394.5 million in 2025.
  • Per Business Quant, the three most recent readings for NET's Free Cash Flow are $394.5 million (Q4 2025), -$12.2 million (Q3 2025), and $94.7 million (Q2 2025).