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Cloudflare (NET) Research & Development: 2017-2024

Historic Research & Development for Cloudflare (NET) over the last 8 years, with Dec 2024 value amounting to $421.4 million.

  • Cloudflare's Research & Development rose 9.06% 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 23.46%. This contributed to the annual value of $421.4 million for FY2024, which is 17.66% up from last year.
  • Per Cloudflare's latest filing, its Research & Development stood at $421.4 million for FY2024, which was up 17.66% from $358.1 million recorded in FY2023.
  • Cloudflare's 5-year Research & Development high stood at $421.4 million for FY2024, and its period low was $127.1 million during FY2020.
  • Over the past 3 years, Cloudflare's median Research & Development value was $358.1 million (recorded in 2023), while the average stood at $359.3 million.
  • Data for Cloudflare's Research & Development shows a peak YoY skyrocketed of 57.49% (in 2022) over the last 5 years.
  • Over the past 5 years, Cloudflare's Research & Development (Yearly) stood at $127.1 million in 2020, then surged by 48.97% to $189.4 million in 2021, then surged by 57.49% to $298.3 million in 2022, then increased by 20.06% to $358.1 million in 2023, then climbed by 17.66% to $421.4 million in 2024.