Cloudflare (NET) Payables (2018 - 2026)
Cloudflare's (NET) quarterly Payables came in at $58.8 million in Q1 2026, down 37.25% year-on-year from $93.8 million in Q1 2025, and down 30.04% quarter-over-quarter from $84.1 million in Q4 2025.
Cloudflare (NET) Payables (2018 - 2026) Analysis & Trends
Cloudflare has disclosed Payables across 9 years of filings, most recently posting $58.8 million for Q1 2026.
- Payables for Q1 2026 came in at $58.8 million, down 37.25% year-over-year; the trailing twelve-month figure through Mar 2026 was $58.8 million (down 37.25% YoY), and the FY2025 annual result was $84.1 million, down 20.5% from the prior year.
- Payables came in at $58.8 million for Q1 2026 at Cloudflare, down from $84.1 million in the prior quarter.
- In the past five years, Payables ranged from a high of $105.8 million in Q4 2024 to a low of $32.4 million in Q2 2023.
- The 5-year median for Payables is $55.7 million (2022), against an average of $61.8 million.
- Across the five-year window, Payables sank 41.91% in 2023 and jumped 96.93% in 2024, its largest moves.
- Cloudflare's Payables stood at $35.6 million in 2022, then jumped by 50.89% to $53.7 million in 2023, then surged by 96.93% to $105.8 million in 2024, then retreated by 20.5% to $84.1 million in 2025, then sank by 30.04% to $58.8 million in 2026.
- The last three Payables figures came in at $58.8 million (Q1 2026), $84.1 million (Q4 2025), and $85.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,064.95 Bn | 2,986.68 Bn | 56.06 Bn | 37.51 Bn |
| 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 | 19.36 Bn |
| 4 | Palantir Technologies | 326.97 Bn | 319.05 Bn | 1.42 Bn | 495.96 Mn |
| 5 | Palo Alto Networks | 185.10 Bn | 180.56 Bn | 1.91 Bn | 262.00 Mn |
| 6 | CrowdStrike Holdings | 165.31 Bn | 162.25 Bn | 993.68 Mn | 105.32 Mn |
| 7 | Fortinet | 105.66 Bn | 102.37 Bn | 1.49 Bn | 238.70 Mn |
| 8 | Synopsys | 89.71 Bn | 89.60 Bn | 1.77 Bn | 1.30 Bn |
| 9 | Cloudflare | 87.54 Bn | 86.60 Bn | 455.60 Mn | 58.84 Mn |
| 10 | CoreWeave | 53.90 Bn | 51.63 Bn | 2.01 Bn | 3.37 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 58.84 Mn |
| Dec 31, 2025 | 84.12 Mn |
| Sep 30, 2025 | 85.88 Mn |
| Jun 30, 2025 | 95.68 Mn |
| Mar 31, 2025 | 93.78 Mn |
| Dec 31, 2024 | 105.81 Mn |
| Sep 30, 2024 | 74.11 Mn |
| Jun 30, 2024 | 59.53 Mn |
| Mar 31, 2024 | 47.83 Mn |
| Dec 31, 2023 | 53.73 Mn |
| Sep 30, 2023 | 40.59 Mn |
| Jun 30, 2023 | 32.38 Mn |
| Mar 31, 2023 | 54.56 Mn |
| Dec 31, 2022 | 35.61 Mn |
| Sep 30, 2022 | 39.23 Mn |
| Jun 30, 2022 | 55.73 Mn |
| Mar 31, 2022 | 32.93 Mn |
| Dec 31, 2021 | 26.09 Mn |
| Sep 30, 2021 | 34.56 Mn |
| Jun 30, 2021 | 29.56 Mn |