Cloudflare's Research & Development rose 905.68% to $121.0 million in Q3 2025 from the same period last year, while for Sep 2025 it was $490.8 million, marking a year-over-year increase of 2345.62%. This contributed to the annual value of $421.4 million for FY2024, which is 1765.52% up from last year.
According to the latest figures from Q3 2025, Cloudflare's Research & Development is $121.0 million, which was up 905.68% from $134.6 million recorded in Q2 2025.
Cloudflare's Research & Development's 5-year high stood at $134.6 million during Q2 2025, with a 5-year trough of $39.5 million in Q1 2021.
In the last 5 years, Cloudflare's Research & Development had a median value of $87.7 million in 2024 and averaged $86.2 million.
As far as peak fluctuations go, Cloudflare's Research & Development soared by 8165.86% in 2022, and later surged by 755.96% in 2024.
Cloudflare's Research & Development (Quarter) stood at $61.8 million in 2021, then grew by 29.05% to $79.7 million in 2022, then rose by 20.95% to $96.4 million in 2023, then increased by 24.7% to $120.2 million in 2024, then rose by 0.62% to $121.0 million in 2025.
Its last three reported values are $121.0 million in Q3 2025, $134.6 million for Q2 2025, and $115.1 million during Q1 2025.

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