Growth Metrics

Cloudflare (NET) Share-based Compensation (2018 - 2025)

Cloudflare (NET) has disclosed Share-based Compensation for 8 consecutive years, with $123.6 million as the latest value for Q4 2025.

  • Quarterly Share-based Compensation rose 30.83% to $123.6 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $451.5 million through Dec 2025, up 33.38% year-over-year, with the annual reading at $451.5 million for FY2025, 33.38% up from the prior year.
  • Share-based Compensation hit $123.6 million in Q4 2025 for Cloudflare, up from $109.9 million in the prior quarter.
  • In the past five years, Share-based Compensation ranged from a high of $123.6 million in Q4 2025 to a low of $18.0 million in Q1 2021.
  • Historically, Share-based Compensation has averaged $67.8 million across 5 years, with a median of $69.1 million in 2023.
  • Biggest five-year swings in Share-based Compensation: skyrocketed 166.78% in 2022 and later grew 19.63% in 2024.
  • Year by year, Share-based Compensation stood at $28.5 million in 2021, then surged by 111.35% to $60.2 million in 2022, then rose by 23.56% to $74.4 million in 2023, then grew by 26.96% to $94.5 million in 2024, then soared by 30.83% to $123.6 million in 2025.
  • Business Quant data shows Share-based Compensation for NET at $123.6 million in Q4 2025, $109.9 million in Q3 2025, and $122.4 million in Q2 2025.