Cloudflare (NET) Receivables (2018 - 2026)
Cloudflare's (NET) quarterly Receivables came in at $450.1 million in Q2 2026, up 36.91% year-over-year from $328.8 million in Q2 2025, and up 11.49% quarter-over-quarter from $403.7 million in Q1 2026.
Cloudflare (NET) Receivables (2018 - 2026) Analysis & Trends
Cloudflare has disclosed Receivables across 9 years of filings, most recently posting $450.1 million for Q2 2026.
- In Q2 2026, Receivables rose 36.91% year-over-year to $450.1 million; the TTM figure through Jun 2026 stood at $450.1 million (up 36.91% YoY), while the FY2025 annual figure was $406.0 million, up 21.81% from the prior year.
- Receivables came in at $450.1 million for Q2 2026 at Cloudflare, up from $403.7 million in the prior quarter.
- In the past five years, Receivables ranged from a high of $450.1 million in Q2 2026 to a low of $129.3 million in Q2 2022.
- Average Receivables over 5 years is $263.9 million, with a median of $261.2 million recorded in 2023.
- Year-over-year, Receivables surged 75.81% in 2022 and increased 19.7% in 2024.
- Over 5 years, 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 grew by 10.86% to $450.1 million in 2026.
- Per Business Quant data, the three most recent Receivables figures were $450.1 million in Q2 2026, $403.7 million in Q1 2026, and $406.0 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,717.88 Bn | 3,585.13 Bn | 60.48 Bn | 6.00 Bn |
| 2 | International Business Machines | 219.37 Bn | 208.10 Bn | 9.91 Bn | 7.39 Bn |
| 3 | Cloudflare | 113.46 Bn | 109.29 Bn | 499.52 Mn | 450.13 Mn |
| 4 | Equinix | 102.39 Bn | 100.19 Bn | 1.40 Bn | 1.34 Bn |
| 5 | Nebius | 57.34 Bn | 49.30 Bn | 448.70 Mn | 288.60 Mn |
| 6 | CoreWeave | 47.88 Bn | 42.34 Bn | 1.70 Bn | 2.54 Bn |
| 7 | Verisign | 26.51 Bn | 25.48 Bn | 384.60 Mn | 9.50 Mn |
| 8 | Nutanix | 18.85 Bn | 16.49 Bn | 651.35 Mn | 289.25 Mn |
| 9 | Akamai Technologies | 17.01 Bn | 13.65 Bn | 613.75 Mn | 961.25 Mn |
| 10 | DigitalOcean Holdings | 14.83 Bn | 14.06 Bn | 154.66 Mn | 115.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 450.13 Mn |
| 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 |
Cloudflare Receivables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=receivables&ticker=NET&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "receivables", "ticker": "NET", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=receivables&ticker=NET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();