Cloudflare (NET) Receivables (2018 - 2026)
Cloudflare (NET) posted Receivables of $450.13 million for Q2 2026, up 36.9% from $328.78 million a year earlier and up 11.5% from the prior quarter.
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Analysis
Cloudflare (NET) Receivables (2018 - 2026) Analysis & Trends
At the end of FY2025, Cloudflare's Receivables came in at $406.02 million, up 21.8% from FY2024.
- Annual Receivables has increased for seven consecutive years, with a five-year compound annual growth rate of 43.4% (FY2020 to FY2025).
- In prior years, Cloudflare's Receivables was $333.32 million in FY2024 (+28.5%), $259.31 million in FY2023 (+65.3%), $156.84 million in FY2022 (+54.3%) and $101.62 million in FY2021 (+51.6%).
- The Q2 2026 figure stands as the highest quarterly Receivables in data going back to Q4 2018.
- On a year-over-year basis, Receivables has increased in each of the last 24 quarters, with growth averaging 30.9% over the last eight quarters.
- Across the past five years, year-over-year growth in Receivables ran from 19.7% in Q1 2024 to 76.4% in Q3 2021.
- According to Business Quant data, Receivables for the three prior quarters was $403.75 million (Q1 2026), $406.02 million (Q4 2025) and $374.54 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,932.24 Bn | 3,855.40 Bn | 60.48 Bn | 80.88 Bn |
| 2 | International Business Machines | 219.04 Bn | 169.85 Bn | 9.91 Bn | 7.39 Bn |
| 3 | Cloudflare | 104.70 Bn | 88.23 Bn | 499.52 Mn | 450.13 Mn |
| 4 | Equinix | 97.19 Bn | 85.75 Bn | 1.40 Bn | 1.34 Bn |
| 5 | Nebius | 40.23 Bn | 13.66 Bn | 448.70 Mn | 288.60 Mn |
| 6 | CoreWeave | 33.76 Bn | 20.85 Bn | 1.70 Bn | 2.54 Bn |
| 7 | Verisign | 27.46 Bn | 24.67 Bn | 384.60 Mn | 9.50 Mn |
| 8 | Nutanix | 17.98 Bn | 9.67 Bn | 651.35 Mn | 289.25 Mn |
| 9 | GoDaddy | 13.83 Bn | 9.41 Bn | 828.20 Mn | 92.90 Mn |
| 10 | Akamai Technologies | 12.69 Bn | 6.10 Bn | 613.75 Mn | 953.45 Mn |
Historic Data
Download Data
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 |
API Access
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_KEYimport 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();