Cloudflare (NET) Interest Coverage Ratio (2018 - 2026)
Cloudflare (NET) posted Interest Coverage Ratio of 1.74 for Q1 2026, up 89.12% sequentially from 15.95 in Q4 2025, and up 93.82% YoY from 0.9 in Q1 2025.
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Analysis
Cloudflare (NET) Interest Coverage Ratio (2018 - 2026) Analysis & Trends
Cloudflare has reported Interest Coverage Ratio for 9 years, with the latest figure at 1.74 in Q1 2026.
- Quarterly Interest Coverage Ratio rose 93.82% year-over-year to 1.74 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 6.04 (up 92.53% YoY) and the FY2025 annual result came in at 0.25, down 17.32% from the prior year.
- Interest Coverage Ratio improved to 1.74 in Q1 2026 per NET's latest filing, from 15.95 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 117.02 in Q4 2023 and troughed at 44.51 in Q2 2022.
- A 5-year average of 13.87 and a median of 23.93 in 2024 frame the typical range for Interest Coverage Ratio.
- The sharpest annual moves came in 2022 and 2023: Interest Coverage Ratio sank 1510.12% in 2022, then jumped 1102.11% in 2023.
- Over 5 years, Interest Coverage Ratio stood at 11.68 in 2022, then jumped by 1102.11% to 117.02 in 2023, then plunged by 120.53% to 24.03 in 2024, then soared by 33.6% to 15.95 in 2025, then soared by 89.12% to 1.74 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 1.74, 15.95, and 0.14 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,718.29 Bn | 3,585.54 Bn | 60.48 Bn | 48.39 |
| 2 | Oracle | 452.14 Bn | 420.24 Bn | - | 4.26 |
| 3 | Palantir Technologies | 418.25 Bn | 408.84 Bn | 1.64 Bn | - |
| 4 | Palo Alto Networks | 265.90 Bn | 262.79 Bn | 2.03 Bn | - |
| 5 | CrowdStrike Holdings | 217.15 Bn | 212.14 Bn | 1.10 Bn | -5.50 |
| 6 | Fortinet | 114.54 Bn | 110.47 Bn | 1.64 Bn | 215.41 |
| 7 | Cloudflare | 98.54 Bn | 94.37 Bn | 499.52 Mn | -66.59 |
| 8 | Synopsys | 75.44 Bn | 71.83 Bn | 1.80 Bn | 2.68 |
| 9 | Block | 49.56 Bn | 43.13 Bn | 3.17 Bn | - |
| 10 | CoreWeave | 49.23 Bn | 43.69 Bn | 1.70 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -66.59 |
| Mar 31, 2026 | -24.19 |
| Dec 31, 2025 | -17.05 |
| Sep 30, 2025 | -12.86 |
| Jun 30, 2025 | -44.14 |
| Mar 31, 2025 | -36.90 |
| Dec 31, 2024 | -24.03 |
| Sep 30, 2024 | -21.49 |
| Jun 30, 2024 | -28.49 |
| Mar 31, 2024 | -49.59 |
| Dec 31, 2023 | -40.06 |
| Sep 30, 2023 | -34.46 |
| Jun 30, 2023 | -36.50 |
| Mar 31, 2023 | -22.24 |
| Dec 31, 2022 | -57.93 |
| Sep 30, 2022 | -30.39 |
| Jun 30, 2022 | -62.06 |
| Mar 31, 2022 | -25.71 |
| Dec 31, 2021 | -2.55 |
| Sep 30, 2021 | -2.13 |