Cloudflare (NET) Receivables (2018 - 2026)
Cloudflare's (NET) quarterly Receivables came in at $403.7 million in Q1 2026, up 33.56% year-on-year from $302.3 million in Q1 2025, and down 0.56% quarter-over-quarter from $406.0 million in Q4 2025.
Cloudflare (NET) Receivables (2018 - 2026) Analysis & Trends
Cloudflare has disclosed Receivables across 9 years of filings, most recently posting $403.7 million for Q1 2026.
- Receivables for Q1 2026 came in at $403.7 million, up 33.56% year-over-year; the trailing twelve-month figure through Mar 2026 was $403.7 million (up 33.56% YoY), and the FY2025 annual result was $406.0 million, up 21.81% from the prior year.
- Receivables came in at $403.7 million for Q1 2026 at Cloudflare, down from $406.0 million in the prior quarter.
- In the past five years, Receivables ranged from a high of $406.0 million in Q4 2025 to a low of $129.3 million in Q2 2022.
- The 5-year median for Receivables is $259.3 million (2023), against an average of $252.9 million.
- Across the five-year window, Receivables jumped 75.81% in 2022 and grew 19.7% in 2024, its largest moves.
- Cloudflare's Receivables stood at $156.8 million in 2022, then soared by 65.34% to $259.3 million in 2023, then grew by 28.54% to $333.3 million in 2024, then increased by 21.81% to $406.0 million in 2025, then slipped by 0.56% to $403.7 million in 2026.
- The last three Receivables figures came in at $403.7 million (Q1 2026), $406.0 million (Q4 2025), and $374.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,064.95 Bn | 2,986.68 Bn | 56.06 Bn | 60.04 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 | 10.72 Bn |
| 4 | Palantir Technologies | 326.97 Bn | 319.05 Bn | 1.42 Bn | 1.41 Bn |
| 5 | Palo Alto Networks | 185.10 Bn | 180.56 Bn | 1.91 Bn | 2.12 Bn |
| 6 | CrowdStrike Holdings | 165.31 Bn | 162.25 Bn | 993.68 Mn | 1.36 Bn |
| 7 | Fortinet | 105.66 Bn | 102.37 Bn | 1.49 Bn | 1.49 Bn |
| 8 | Synopsys | 89.71 Bn | 89.60 Bn | 1.77 Bn | 2.78 Bn |
| 9 | Cloudflare | 87.54 Bn | 86.60 Bn | 455.60 Mn | 403.75 Mn |
| 10 | CoreWeave | 53.90 Bn | 51.63 Bn | 2.01 Bn | 2.12 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 403.75 Mn |
| Dec 31, 2025 | 406.02 Mn |
| Sep 30, 2025 | 374.54 Mn |
| Jun 30, 2025 | 328.78 Mn |
| Mar 31, 2025 | 302.31 Mn |
| Dec 31, 2024 | 333.32 Mn |
| Sep 30, 2024 | 266.39 Mn |
| Jun 30, 2024 | 263.13 Mn |
| Mar 31, 2024 | 224.77 Mn |
| Dec 31, 2023 | 259.31 Mn |
| Sep 30, 2023 | 211.16 Mn |
| Jun 30, 2023 | 186.59 Mn |
| Mar 31, 2023 | 187.77 Mn |
| Dec 31, 2022 | 156.84 Mn |
| Sep 30, 2022 | 134.08 Mn |
| Jun 30, 2022 | 129.31 Mn |
| Mar 31, 2022 | 131.68 Mn |
| Dec 31, 2021 | 101.62 Mn |
| Sep 30, 2021 | 89.75 Mn |
| Jun 30, 2021 | 81.10 Mn |