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.
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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,679.34 Bn | 3,546.58 Bn | 60.48 Bn | 9.60 |
| 2 | Oracle | 433.50 Bn | 402.15 Bn | - | 4.26 |
| 3 | Palantir Technologies | 418.20 Bn | 408.90 Bn | 1.64 Bn | 0.06 |
| 4 | Palo Alto Networks | 312.41 Bn | 309.30 Bn | 2.03 Bn | -0.21 |
| 5 | Fortinet | 117.38 Bn | 113.31 Bn | 1.64 Bn | 9.17 |
| 6 | Cloudflare | 101.74 Bn | 97.57 Bn | 499.52 Mn | -0.72 |
| 7 | Synopsys | 80.70 Bn | 78.49 Bn | 1.77 Bn | 0.15 |
| 8 | CoreWeave | 58.00 Bn | 52.46 Bn | 1.70 Bn | 0.00 |
| 9 | Block | 49.79 Bn | 43.33 Bn | 3.17 Bn | 3.33 |
| 10 | NetApp | 40.59 Bn | 37.00 Bn | 1.37 Bn | 19.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -0.72 |
| Mar 31, 2026 | -1.74 |
| Dec 31, 2025 | -15.95 |
| Sep 30, 2025 | -0.14 |
| Jun 30, 2025 | -2.05 |
| Mar 31, 2025 | -28.08 |
| Dec 31, 2024 | -24.03 |
| Sep 30, 2024 | -21.24 |
| Jun 30, 2024 | -23.93 |
| Mar 31, 2024 | -37.62 |
| Dec 31, 2023 | 117.02 |
| Sep 30, 2023 | -27.04 |
| Jun 30, 2023 | -36.50 |
| Mar 31, 2023 | -22.24 |
| Dec 31, 2022 | -11.68 |
| Sep 30, 2022 | -30.39 |
| Jun 30, 2022 | -44.51 |
| Mar 31, 2022 | -25.71 |
| Dec 31, 2021 | -2.55 |
| Sep 30, 2021 | -2.13 |