Cloudflare (NET) Interest Expenses (2018 - 2026)
Cloudflare's (NET) quarterly Interest Expenses came in at $3.1 million in Q2 2026, up 102.69% year-over-year from $1.5 million in Q2 2025, and up 20.52% quarter-over-quarter from $2.6 million in Q1 2026.
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Analysis
Cloudflare (NET) Interest Expenses (2018 - 2026) Analysis & Trends
Cloudflare has disclosed Interest Expenses across 9 years of filings, most recently posting $3.1 million for Q2 2026.
- In Q2 2026, Interest Expenses rose 102.69% year-over-year to $3.1 million; the TTM figure through Jun 2026 stood at $11.5 million (up 95.91% YoY), while the FY2025 annual figure was $8.8 million, up 68.71% from the prior year.
- Interest Expenses came in at $3.1 million for Q2 2026 at Cloudflare, up from $2.6 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $3.1 million in Q2 2026 to a low of $875000.0 in Q4 2022.
- Average Interest Expenses over 5 years is $1.7 million, with a median of $1.5 million recorded in 2022.
- Year-over-year, Interest Expenses tumbled 94.57% in 2022 and soared 103.21% in 2025.
- Over 5 years, Interest Expenses stood at $875000.0 in 2022, then climbed by 22.17% to $1.1 million in 2023, then soared by 35.17% to $1.4 million in 2024, then soared by 99.79% to $2.9 million in 2025, then gained by 7.0% to $3.1 million in 2026.
- Per Business Quant data, the three most recent Interest Expenses figures were $3.1 million in Q2 2026, $2.6 million in Q1 2026, and $2.9 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,717.88 Bn | 3,585.13 Bn | 60.48 Bn | 839.00 Mn |
| 2 | International Business Machines | 219.37 Bn | 208.10 Bn | 9.91 Bn | 486.00 Mn |
| 3 | Cloudflare | 113.46 Bn | 109.29 Bn | 499.52 Mn | 3.09 Mn |
| 4 | Equinix | 102.39 Bn | 100.19 Bn | 1.40 Bn | 151.00 Mn |
| 5 | Nebius | 57.34 Bn | 49.30 Bn | 448.70 Mn | -119.10 Mn |
| 6 | CoreWeave | 47.88 Bn | 42.34 Bn | 1.70 Bn | - |
| 7 | Verisign | 26.51 Bn | 25.48 Bn | 384.60 Mn | 19.20 Mn |
| 8 | Nutanix | 18.85 Bn | 16.49 Bn | 651.35 Mn | - |
| 9 | Akamai Technologies | 17.01 Bn | 13.65 Bn | 613.75 Mn | 9.08 Mn |
| 10 | DigitalOcean Holdings | 14.83 Bn | 14.06 Bn | 154.66 Mn | 7.46 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.09 Mn |
| Mar 31, 2026 | 2.56 Mn |
| Dec 31, 2025 | 2.89 Mn |
| Sep 30, 2025 | 2.91 Mn |
| Jun 30, 2025 | 1.52 Mn |
| Mar 31, 2025 | 1.44 Mn |
| Dec 31, 2024 | 1.45 Mn |
| Sep 30, 2024 | 1.43 Mn |
| Jun 30, 2024 | 1.22 Mn |
| Mar 31, 2024 | 1.10 Mn |
| Dec 31, 2023 | 1.07 Mn |
| Sep 30, 2023 | 1.14 Mn |
| Jun 30, 2023 | 1.54 Mn |
| Mar 31, 2023 | 2.13 Mn |
| Dec 31, 2022 | 875,000.00 |
| Sep 30, 2022 | 1.51 Mn |
| Jun 30, 2022 | 1.04 Mn |
| Mar 31, 2022 | 1.56 Mn |
| Dec 31, 2021 | 16.11 Mn |
| Sep 30, 2021 | 12.45 Mn |
API Access
Cloudflare Interest Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expenses&ticker=NET&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "ticker": "NET", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-expenses&ticker=NET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();