Cloudflare NET
NYSE NET
$284.16 +5.24 (+1.88%)
As of: Sep 8, 2026 · 3:59 PM EDT

Cloudflare (NET) Operating Leases (2020 - 2026)

Cloudflare's (NET) quarterly Operating Leases came in at $259.1 million in Q2 2026, up 28.51% year-over-year from $201.6 million in Q2 2025, and up 0.93% quarter-over-quarter from $256.7 million in Q1 2026.

Analysis

Cloudflare (NET) Operating Leases (2020 - 2026) Analysis & Trends

Cloudflare has disclosed Operating Leases across 7 years of filings, most recently posting $259.1 million for Q2 2026.

  • In Q2 2026, Operating Leases rose 28.51% year-over-year to $259.1 million; the TTM figure through Jun 2026 stood at $259.1 million (up 28.51% YoY), while the FY2025 annual figure was $182.0 million, up 41.91% from the prior year.
  • Operating Leases came in at $259.1 million for Q2 2026 at Cloudflare, up from $256.7 million in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $259.1 million in Q2 2026 to a low of $113.5 million in Q4 2023.
  • Average Operating Leases over 5 years is $167.2 million, with a median of $147.9 million recorded in 2023.
  • Year-over-year, Operating Leases jumped 225.39% in 2022 and decreased 19.45% in 2023.
  • Over 5 years, Operating Leases stood at $140.9 million in 2022, then dropped by 19.45% to $113.5 million in 2023, then advanced by 13.02% to $128.3 million in 2024, then soared by 41.91% to $182.0 million in 2025, then surged by 42.33% to $259.1 million in 2026.
  • Per Business Quant data, the three most recent Operating Leases figures were $259.1 million in Q2 2026, $256.7 million in Q1 2026, and $182.0 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Cloudflare 100.88 Bn 96.71 Bn 499.52 Mn
2 Akamai Technologies 15.30 Bn 11.94 Bn 613.75 Mn
3 Fastly 3.36 Bn 3.03 Bn 115.95 Mn
4 Xunlei 385.41 Mn 108.55 Mn 57.31 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 259.08 Mn
Mar 31, 2026 256.71 Mn
Dec 31, 2025 182.03 Mn
Sep 30, 2025 238.75 Mn
Jun 30, 2025 201.61 Mn
Mar 31, 2025 187.58 Mn
Dec 31, 2024 128.27 Mn
Sep 30, 2024 164.40 Mn
Jun 30, 2024 153.25 Mn
Mar 31, 2024 152.29 Mn
Dec 31, 2023 113.49 Mn
Sep 30, 2023 136.75 Mn
Jun 30, 2023 142.36 Mn
Mar 31, 2023 143.60 Mn
Dec 31, 2022 140.90 Mn
Sep 30, 2022 132.54 Mn
Jun 30, 2022 133.65 Mn
Mar 31, 2022 141.92 Mn
Dec 31, 2021 134.21 Mn
Sep 30, 2021 104.56 Mn