Cloudflare (NET) Share-based Compensation (2018 - 2026)
Cloudflare's (NET) quarterly Share-based Compensation came in at $159.9 million in Q2 2026, up 30.64% year-over-year from $122.4 million in Q2 2025, and up 39.94% quarter-over-quarter from $114.2 million in Q1 2026.
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Analysis
Cloudflare (NET) Share-based Compensation (2018 - 2026) Analysis & Trends
Cloudflare has disclosed Share-based Compensation across 9 years of filings, most recently posting $159.9 million for Q2 2026.
- In Q2 2026, Share-based Compensation rose 30.64% year-over-year to $159.9 million; the TTM figure through Jun 2026 stood at $507.7 million (up 26.71% YoY), while the FY2025 annual figure was $451.5 million, up 33.38% from the prior year.
- Share-based Compensation came in at $159.9 million for Q2 2026 at Cloudflare, up from $114.2 million in the prior quarter.
- In the past five years, Share-based Compensation ranged from a high of $159.9 million in Q2 2026 to a low of $34.0 million in Q1 2022.
- Average Share-based Compensation over 5 years is $85.6 million, with a median of $80.2 million recorded in 2023.
- Year-over-year, Share-based Compensation soared 166.78% in 2022 and increased 19.58% in 2026.
- Over 5 years, Share-based Compensation stood at $60.2 million in 2022, then gained by 23.56% to $74.4 million in 2023, then increased by 26.96% to $94.5 million in 2024, then jumped by 30.83% to $123.6 million in 2025, then grew by 29.32% to $159.9 million in 2026.
- Per Business Quant data, the three most recent Share-based Compensation figures were $159.9 million in Q2 2026, $114.2 million in Q1 2026, and $123.6 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Stock Comp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,717.88 Bn | 3,585.13 Bn | 60.48 Bn | 3.12 Bn |
| 2 | International Business Machines | 219.37 Bn | 208.10 Bn | 9.91 Bn | 498.00 Mn |
| 3 | Cloudflare | 113.46 Bn | 109.29 Bn | 499.52 Mn | 159.87 Mn |
| 4 | Equinix | 102.39 Bn | 100.19 Bn | 1.40 Bn | 145.00 Mn |
| 5 | Nebius | 57.34 Bn | 49.30 Bn | 448.70 Mn | 102.50 Mn |
| 6 | CoreWeave | 47.88 Bn | 42.34 Bn | 1.70 Bn | 6.37 Bn |
| 7 | Verisign | 26.51 Bn | 25.48 Bn | 384.60 Mn | 19.40 Mn |
| 8 | Nutanix | 18.85 Bn | 16.49 Bn | 651.35 Mn | 94.53 Mn |
| 9 | Akamai Technologies | 17.01 Bn | 13.65 Bn | 613.75 Mn | 112.01 Mn |
| 10 | DigitalOcean Holdings | 14.83 Bn | 14.06 Bn | 154.66 Mn | 189.99 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 159.87 Mn |
| Mar 31, 2026 | 114.24 Mn |
| Dec 31, 2025 | 123.63 Mn |
| Sep 30, 2025 | 109.92 Mn |
| Jun 30, 2025 | 122.38 Mn |
| Mar 31, 2025 | 95.54 Mn |
| Dec 31, 2024 | 94.49 Mn |
| Sep 30, 2024 | 88.26 Mn |
| Jun 30, 2024 | 85.99 Mn |
| Mar 31, 2024 | 69.72 Mn |
| Dec 31, 2023 | 74.42 Mn |
| Sep 30, 2023 | 73.77 Mn |
| Jun 30, 2023 | 68.39 Mn |
| Mar 31, 2023 | 57.40 Mn |
| Dec 31, 2022 | 60.23 Mn |
| Sep 30, 2022 | 53.77 Mn |
| Jun 30, 2022 | 54.82 Mn |
| Mar 31, 2022 | 33.97 Mn |
| Dec 31, 2021 | 28.50 Mn |
| Sep 30, 2021 | 23.05 Mn |
API Access
Cloudflare Share-based Compensation API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=share-based-compensation&ticker=NET&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "share-based-compensation", "ticker": "NET", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=share-based-compensation&ticker=NET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();