Cloudflare (NET) Interest Coverage Ratio (2018 - 2026)

Cloudflare (NET) reported Interest Coverage Ratio of 24.19 for Q1 2026, up 34.45% year-over-year from 17.99 in Q1 2025, and down 41.83% sequentially from 17.05 in Q4 2025.

Cloudflare (NET) Interest Coverage Ratio (2018 - 2026) Analysis & Trends

Cloudflare's Interest Coverage Ratio history runs 9 years deep, the most recent figure standing at 24.19 for Q1 2026.

  • Quarterly Interest Coverage Ratio rose 34.45% year-over-year to 24.19 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 21.84 (up 21.15% YoY) and the FY2025 annual result came in at 23.64, up 20.64% from the prior year.
  • Interest Coverage Ratio was 24.19 for Q1 2026 at Cloudflare, down from 17.05 in the prior quarter.
  • In the past five years, Interest Coverage Ratio ranged from a high of 12.86 in Q3 2025 to a low of 62.06 in Q2 2022.
  • Median Interest Coverage Ratio over the past 5 years was 30.39 (2022), compared with a mean of 33.42.
  • Across the five-year window, Interest Coverage Ratio sank 2172.5% in 2022 and surged 41.19% in 2023, its largest moves.
  • Over 5 years, Interest Coverage Ratio stood at 57.93 in 2022, then soared by 30.84% to 40.06 in 2023, then surged by 40.03% to 24.03 in 2024, then climbed by 29.02% to 17.05 in 2025, then plunged by 41.83% to 24.19 in 2026.
  • Business Quant data shows NET's Interest Coverage Ratio at 24.19 in Q1 2026, 17.05 in Q4 2025, and 12.86 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 ZenaTech 82,806.72 Bn 82,806.72 Bn - -
2 Microsoft 11,085.79 Bn 11,007.52 Bn 56.06 Bn 49.35
3 Palantir Technologies 1,073.49 Bn 1,065.58 Bn 1.42 Bn -
4 Rezolve Ai 1,009.18 Bn 1,009.17 Bn - -
5 Palo Alto Networks 824.56 Bn 820.03 Bn 1.91 Bn -
6 CrowdStrike Holdings 701.26 Bn 698.20 Bn 993.68 Mn 1.83
7 Oracle 514.97 Bn 476.40 Bn 17.12 Bn 4.26
8 Fortinet 456.74 Bn 453.45 Bn 1.49 Bn 138.10
9 Cloudflare 331.63 Bn 330.68 Bn 455.60 Mn -24.19
10 Synopsys 303.79 Bn 303.67 Bn 1.77 Bn 1.25

Historic Data

Download Data
DateValue
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
Jun 30, 2021 -2.76