Cloudflare NET
NYSE NET
$278.85 -5.66 (-1.99%)
As of: Sep 4, 2026 · 3:59 PM EDT

Cloudflare (NET) Invested Capital (2018 - 2026)

Cloudflare (NET) posted Invested Capital of $1.3 billion for Q1 2026, little changed sequentially from $1.3 billion in Q4 2025.

Analysis

Cloudflare (NET) Invested Capital (2018 - 2026) Analysis & Trends

Cloudflare has reported Invested Capital for 6 years, with the latest figure at $1.3 billion in Q1 2026.

  • Quarterly Invested Capital changed N/A year-over-year to $1.3 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $3.9 billion (changed N/A YoY) and the FY2025 annual result came in at $1.3 billion, changed N/A from the prior year.
  • Invested Capital was little changed at $1.3 billion in Q1 2026 per NET's latest filing, from $1.3 billion in the prior quarter.
  • Over five years, Invested Capital peaked at $1.3 billion in Q1 2026 and troughed at $35.3 million in Q2 2023.
  • A 3-year average of $977.3 million and a median of $1.3 billion in 2025 frame the typical range for Invested Capital.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Microsoft 3,718.29 Bn 3,585.54 Bn 60.48 Bn 483.06 Bn
2 Oracle 452.14 Bn 420.24 Bn - 172.60 Bn
3 Palantir Technologies 418.25 Bn 408.84 Bn 1.64 Bn -
4 Palo Alto Networks 265.90 Bn 262.79 Bn 2.03 Bn 27.83 Bn
5 CrowdStrike Holdings 217.15 Bn 212.14 Bn 1.10 Bn 5.89 Bn
6 Fortinet 114.54 Bn 110.47 Bn 1.64 Bn 2.05 Bn
7 Cloudflare 98.54 Bn 94.37 Bn 499.52 Mn 2.91 Bn
8 Synopsys 75.44 Bn 71.83 Bn 1.80 Bn 42.21 Bn
9 Block 49.56 Bn 43.13 Bn 3.17 Bn 28.34 Bn
10 CoreWeave 49.23 Bn 43.69 Bn 1.70 Bn 8.69 Bn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 2.91 Bn
Mar 31, 2026 2.82 Bn
Dec 31, 2025 2.75 Bn
Sep 30, 2025 2.64 Bn
Dec 31, 2024 1.05 Bn
Jun 30, 2023 677.16 Mn
Dec 31, 2022 623.96 Mn
Sep 30, 2022 593.99 Mn
Jun 30, 2022 580.49 Mn
Mar 31, 2022 515.48 Mn
Dec 31, 2021 823.48 Mn
Dec 31, 2020 816.94 Mn
Dec 31, 2019 725.83 Mn
Sep 30, 2019 740.48 Mn
Dec 31, 2018 -112.95 Mn