Cloudflare (NET) Goodwill (2018 - 2026)
Cloudflare's (NET) quarterly Goodwill came in at $376.2 million in Q2 2026, up 107.73% year-over-year from $181.1 million in Q2 2025, and up 61.12% quarter-over-quarter from $233.5 million in Q1 2026.
Cloudflare (NET) Goodwill (2018 - 2026) Analysis & Trends
Cloudflare has disclosed Goodwill across 9 years of filings, most recently posting $376.2 million for Q2 2026.
- In Q2 2026, Goodwill rose 107.73% year-over-year to $376.2 million; the TTM figure through Jun 2026 stood at $376.2 million (up 107.73% YoY), while the FY2025 annual figure was $226.6 million, up 25.12% from the prior year.
- Goodwill came in at $376.2 million for Q2 2026 at Cloudflare, up from $233.5 million in the prior quarter.
- In the past five years, Goodwill ranged from a high of $376.2 million in Q2 2026 to a low of $28.5 million in Q1 2022.
- Average Goodwill over 5 years is $171.6 million, with a median of $152.7 million recorded in 2022.
- Year-over-year, Goodwill jumped 766.99% in 2022 and retreated 0.72% in 2023.
- Over 5 years, Goodwill stood at $148.0 million in 2022, then changed by 0.0% to $148.0 million in 2023, then grew by 22.33% to $181.1 million in 2024, then increased by 25.12% to $226.6 million in 2025, then surged by 66.02% to $376.2 million in 2026.
- Per Business Quant data, the three most recent Goodwill figures were $376.2 million in Q2 2026, $233.5 million in Q1 2026, and $226.6 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,717.88 Bn | 3,585.13 Bn | 60.48 Bn |
| 2 | International Business Machines | 219.37 Bn | 208.10 Bn | 9.91 Bn |
| 3 | Cloudflare | 113.46 Bn | 109.29 Bn | 499.52 Mn |
| 4 | Equinix | 102.39 Bn | 100.19 Bn | 1.40 Bn |
| 5 | Nebius | 57.34 Bn | 49.30 Bn | 448.70 Mn |
| 6 | CoreWeave | 47.88 Bn | 42.34 Bn | 1.70 Bn |
| 7 | Verisign | 26.51 Bn | 25.48 Bn | 384.60 Mn |
| 8 | Nutanix | 18.85 Bn | 16.49 Bn | 651.35 Mn |
| 9 | Akamai Technologies | 17.01 Bn | 13.65 Bn | 613.75 Mn |
| 10 | DigitalOcean Holdings | 14.83 Bn | 14.06 Bn | 154.66 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 376.20 Mn |
| Mar 31, 2026 | 233.50 Mn |
| Dec 31, 2025 | 226.60 Mn |
| Sep 30, 2025 | 181.10 Mn |
| Jun 30, 2025 | 181.10 Mn |
| Mar 31, 2025 | 181.10 Mn |
| Dec 31, 2024 | 181.10 Mn |
| Sep 30, 2024 | 157.20 Mn |
| Jun 30, 2024 | 156.20 Mn |
| Mar 31, 2024 | 148.05 Mn |
| Dec 31, 2023 | 148.05 Mn |
| Sep 30, 2023 | 148.05 Mn |
| Jun 30, 2023 | 148.05 Mn |
| Mar 31, 2023 | 148.05 Mn |
| Dec 31, 2022 | 148.05 Mn |
| Sep 30, 2022 | 149.12 Mn |
| Jun 30, 2022 | 149.12 Mn |
| Mar 31, 2022 | 28.50 Mn |
| Dec 31, 2021 | 23.53 Mn |
| Sep 30, 2021 | 17.20 Mn |
Cloudflare Goodwill API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=goodwill&ticker=NET&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill", "ticker": "NET", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=goodwill&ticker=NET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();