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
DateValue
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