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

Cloudflare (NET) has 9 years of Research & Development data on file, last reported at $271.6 million in Q1 2026.

• For the quarter ending Q1 2026, Research & Development rose 135.99% year-over-year to $271.6 million; the trailing twelve-month figure through Mar 2026 stood at $1.2 billion (up 37.51% YoY), and the FY2025 full-year result was $920.8 million, up 23.47% from the prior year.
• Research & Development eased to $271.6 million in Q1 2026, from $550.2 million in the prior quarter.
• In the past five years, Research & Development ranged from a high of $550.2 million in Q4 2025 to a low of -$35.4 million in Q4 2022.
• A 5-year average of $179.3 million and a median of $117.6 million in 2022 frame the typical range for Research & Development.
• Across the five-year window, Research & Development jumped 1052.79% in 2023 and tumbled 35.98% in 2024, its largest moves.
• Tracing NET's Research & Development over 5 years: stood at -$35.4 million in 2022, then jumped by 1052.79% to $337.4 million in 2023, then jumped by 31.79% to $444.6 million in 2024, then climbed by 23.75% to $550.2 million in 2025, then sank by 50.64% to $271.6 million in 2026.
• Business Quant data shows NET's Research & Development at $271.6 million in Q1 2026, $550.2 million in Q4 2025, and $121.0 million in Q3 2025.