Cloudflare (NET) Research & Development (2018 - 2026)

Cloudflare's Research & Development history runs 9 years deep, the most recent figure standing at $151.0 million for Q1 2026.

• Quarterly Research & Development rose 31.18% year-over-year to $151.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $548.4 million (up 22.2% YoY) and the FY2025 annual result came in at $512.5 million, up 21.62% from the prior year.
• Research & Development was $151.0 million for Q1 2026 at Cloudflare, up from $141.9 million in the prior quarter.
• In the past five years, Research & Development ranged from a high of $151.0 million in Q1 2026 to a low of $67.1 million in Q1 2022.
• Median Research & Development over the past 5 years was $96.4 million (2023), compared with a mean of $102.4 million.
• Across the five-year window, Research & Development soared 81.66% in 2022 and climbed 7.56% in 2024, its largest moves.
• Over 5 years, Research & Development stood at $79.7 million in 2022, then increased by 20.95% to $96.4 million in 2023, then advanced by 24.7% to $120.2 million in 2024, then rose by 18.03% to $141.9 million in 2025, then grew by 6.4% to $151.0 million in 2026.
• Business Quant data shows NET's Research & Development at $151.0 million in Q1 2026, $141.9 million in Q4 2025, and $121.0 million in Q3 2025.