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

Cloudflare's (NET) quarterly Interest Coverage Ratio came in at 24.19 in Q1 2026, up 34.45% year-on-year from 17.99 in Q1 2025, and down 41.83% quarter-over-quarter from 17.05 in Q4 2025.

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

Cloudflare has disclosed Interest Coverage Ratio across 9 years of filings, most recently posting 24.19 for Q1 2026.

  • Interest Coverage Ratio for Q1 2026 came in at 24.19, up 34.45% year-over-year; the trailing twelve-month figure through Mar 2026 was 21.84 (up 21.15% YoY), and the FY2025 annual result was 23.64, up 20.64% from the prior year.
  • Interest Coverage Ratio came in at 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.
  • The 5-year median for Interest Coverage Ratio is 30.39 (2022), against an average of 33.42.
  • Across the five-year window, Interest Coverage Ratio slumped 2172.5% in 2022 and soared 41.19% in 2023, its largest moves.
  • Cloudflare's Interest Coverage Ratio stood at 57.93 in 2022, then jumped by 30.84% to 40.06 in 2023, then soared by 40.03% to 24.03 in 2024, then grew by 29.02% to 17.05 in 2025, then sank by 41.83% to 24.19 in 2026.
  • The last three Interest Coverage Ratio figures came in at 24.19 (Q1 2026), 17.05 (Q4 2025), and 12.86 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Microsoft 3,064.95 Bn 2,986.68 Bn 56.06 Bn 49.35
2 Alarum Technologies 1,117.04 Bn 1,102.89 Bn 7.23 Mn -
3 Oracle 608.54 Bn 569.96 Bn 15.14 Bn 4.63
4 Palantir Technologies 326.97 Bn 319.05 Bn 1.42 Bn -
5 Palo Alto Networks 185.10 Bn 180.56 Bn 1.91 Bn -
6 CrowdStrike Holdings 165.31 Bn 162.25 Bn 993.68 Mn 1.83
7 Fortinet 105.66 Bn 102.37 Bn 1.49 Bn 138.10
8 Synopsys 89.71 Bn 89.60 Bn 1.77 Bn 1.25
9 Cloudflare 87.54 Bn 86.60 Bn 455.60 Mn -24.19
10 CoreWeave 53.90 Bn 51.63 Bn 2.01 Bn -

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