Cloudflare (NET) Prepaid Assets (2018 - 2026)
Cloudflare's (NET) quarterly Prepaid Assets came in at $137.1 million in Q1 2026, down 65.96% year-on-year from $402.7 million in Q1 2025, and up 6.92% quarter-over-quarter from $128.2 million in Q4 2025.
Cloudflare (NET) Prepaid Assets (2018 - 2026) Analysis & Trends
Cloudflare has disclosed Prepaid Assets across 9 years of filings, most recently posting $137.1 million for Q1 2026.
- Prepaid Assets for Q1 2026 came in at $137.1 million, down 65.96% year-over-year; the trailing twelve-month figure through Mar 2026 was $137.1 million (down 65.96% YoY), and the FY2025 annual result was $128.2 million, up 69.84% from the prior year.
- Prepaid Assets came in at $137.1 million for Q1 2026 at Cloudflare, up from $128.2 million in the prior quarter.
- In the past five years, Prepaid Assets ranged from a high of $402.7 million in Q1 2025 to a low of $33.5 million in Q2 2022.
- The 5-year median for Prepaid Assets is $70.9 million (2023), against an average of $91.9 million.
- Across the five-year window, Prepaid Assets jumped 478.12% in 2025 and slumped 65.96% in 2026, its largest moves.
- Cloudflare's Prepaid Assets stood at $70.6 million in 2022, then plunged by 32.67% to $47.5 million in 2023, then soared by 58.91% to $75.5 million in 2024, then jumped by 69.84% to $128.2 million in 2025, then advanced by 6.92% to $137.1 million in 2026.
- The last three Prepaid Assets figures came in at $137.1 million (Q1 2026), $128.2 million (Q4 2025), and $114.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,064.95 Bn | 2,986.68 Bn | 56.06 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 |
| 4 | Palantir Technologies | 326.97 Bn | 319.05 Bn | 1.42 Bn |
| 5 | Palo Alto Networks | 185.10 Bn | 180.56 Bn | 1.91 Bn |
| 6 | CrowdStrike Holdings | 165.31 Bn | 162.25 Bn | 993.68 Mn |
| 7 | Fortinet | 105.66 Bn | 102.37 Bn | 1.49 Bn |
| 8 | Synopsys | 89.71 Bn | 89.60 Bn | 1.77 Bn |
| 9 | Cloudflare | 87.54 Bn | 86.60 Bn | 455.60 Mn |
| 10 | CoreWeave | 53.90 Bn | 51.63 Bn | 2.01 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 137.08 Mn |
| Dec 31, 2025 | 128.20 Mn |
| Sep 30, 2025 | 114.35 Mn |
| Jun 30, 2025 | 112.96 Mn |
| Mar 31, 2025 | 402.74 Mn |
| Dec 31, 2024 | 75.48 Mn |
| Sep 30, 2024 | 72.65 Mn |
| Jun 30, 2024 | 71.49 Mn |
| Mar 31, 2024 | 69.66 Mn |
| Dec 31, 2023 | 47.50 Mn |
| Sep 30, 2023 | 70.93 Mn |
| Jun 30, 2023 | 44.05 Mn |
| Mar 31, 2023 | 40.53 Mn |
| Dec 31, 2022 | 70.56 Mn |
| Sep 30, 2022 | 34.74 Mn |
| Jun 30, 2022 | 33.50 Mn |
| Mar 31, 2022 | 35.40 Mn |
| Dec 31, 2021 | 29.43 Mn |
| Sep 30, 2021 | 26.48 Mn |
| Jun 30, 2021 | 28.65 Mn |