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

Cloudflare has reported Research & Development over the past 9 years, most recently at $151.0 million for Q1 2026.

  • Quarterly results put Research & Development at $151.0 million for Q1 2026, up 31.18% from a year ago — trailing twelve months through Mar 2026 was $548.4 million (up 22.2% YoY), and the annual figure for FY2025 was $512.5 million, up 21.62%.
  • Research & Development reached $151.0 million in Q1 2026 per NET's latest filing, up from $141.9 million in the prior quarter.
  • Across five years, Research & Development topped out at $151.0 million in Q1 2026 and bottomed at $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.
  • The largest annual shift saw Research & Development skyrocketed 81.66% in 2022 before it grew 7.56% in 2024.
  • Over 5 years, Research & Development stood at $79.7 million in 2022, then rose by 20.95% to $96.4 million in 2023, then rose by 24.7% to $120.2 million in 2024, then grew by 18.03% to $141.9 million in 2025, then increased by 6.4% to $151.0 million in 2026.
  • Business Quant data shows Research & Development for NET at $151.0 million in Q1 2026, $141.9 million in Q4 2025, and $121.0 million in Q3 2025.