Cloudflare (NET) Operating Leases (2020 - 2026)

Cloudflare (NET) has 7 years of Operating Leases data on file, last reported at $182.1 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Leases fell 2.92% year-over-year to $182.1 million; the trailing twelve-month figure through Mar 2026 stood at $182.1 million (down 2.92% YoY), and the FY2025 full-year result was $182.0 million, up 41.91% from the prior year.
• Operating Leases steadied at $182.1 million in Q1 2026, from $182.0 million in the prior quarter.
• In the past five years, Operating Leases ranged from a high of $238.8 million in Q3 2025 to a low of $104.0 million in Q3 2022.
• A 5-year average of $151.3 million and a median of $141.9 million in 2022 frame the typical range for Operating Leases.
• Across the five-year window, Operating Leases soared 453.81% in 2022 and decreased 21.3% in 2024, its largest moves.
• Tracing NET's Operating Leases over 5 years: stood at $140.9 million in 2022, then slipped by 19.45% to $113.5 million in 2023, then gained by 13.02% to $128.3 million in 2024, then surged by 41.91% to $182.0 million in 2025, then rose by 0.04% to $182.1 million in 2026.
• Business Quant data shows NET's Operating Leases at $182.1 million in Q1 2026, $182.0 million in Q4 2025, and $238.8 million in Q3 2025.