Cloudflare (NET) Shares Outstanding (2018 - 2026)
Cloudflare's (NET) quarterly Shares Outstanding came in at $319.3 million in Q1 2026, up 773.82% year-on-year from $36.5 million in Q1 2025, and up 0.62% quarter-over-quarter from $317.3 million in Q4 2025.
Cloudflare (NET) Shares Outstanding (2018 - 2026) Analysis & Trends
Cloudflare has disclosed Shares Outstanding across 9 years of filings, most recently posting $319.3 million for Q1 2026.
- Shares Outstanding for Q1 2026 came in at $319.3 million, up 773.82% year-over-year; the trailing twelve-month figure through Mar 2026 was $319.3 million (up 773.82% YoY), and the FY2025 annual result was $317.3 million, up 758.48% from the prior year.
- Shares Outstanding came in at $319.3 million for Q1 2026 at Cloudflare, up from $317.3 million in the prior quarter.
- In the past five years, Shares Outstanding ranged from a high of $317.3 million in Q4 2025 to a low of $34.1 million in Q1 2026.
- The 5-year median for Shares Outstanding is $280.4 million (2022), against an average of $177.6 million.
- Across the five-year window, Shares Outstanding sank 87.6% in 2024 and jumped 773.82% in 2026, its largest moves.
- Cloudflare's Shares Outstanding stood at $286.6 million in 2022, then rose by 4.02% to $298.1 million in 2023, then tumbled by 87.6% to $37.0 million in 2024, then jumped by 758.48% to $317.3 million in 2025, then gained by 0.62% to $319.3 million in 2026.
- The last three Shares Outstanding figures came in at $319.3 million (Q1 2026), $317.3 million (Q4 2025), and $315.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,064.95 Bn | 2,986.68 Bn | 56.06 Bn | 7.43 Bn |
| 2 | Alarum Technologies | 1,117.04 Bn | 1,102.89 Bn | 7.23 Mn | - |
| 3 | Oracle | 608.54 Bn | 569.96 Bn | 15.14 Bn | 2.88 Bn |
| 4 | Palantir Technologies | 326.97 Bn | 319.05 Bn | 1.42 Bn | 2.40 Bn |
| 5 | Palo Alto Networks | 185.10 Bn | 180.56 Bn | 1.91 Bn | 703.00 Mn |
| 6 | CrowdStrike Holdings | 165.31 Bn | 162.25 Bn | 993.68 Mn | 253.36 Mn |
| 7 | Fortinet | 105.66 Bn | 102.37 Bn | 1.49 Bn | 734.00 Mn |
| 8 | Synopsys | 89.71 Bn | 89.60 Bn | 1.77 Bn | 191.45 Mn |
| 9 | Cloudflare | 87.54 Bn | 86.60 Bn | 455.60 Mn | 34.10 Mn |
| 10 | CoreWeave | 53.90 Bn | 51.63 Bn | 2.01 Bn | 104.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 319.28 Mn |
| Mar 31, 2026 | 319.28 Mn |
| Mar 31, 2026 | 319.28 Mn |
| Mar 31, 2026 | 34.10 Mn |
| Mar 31, 2026 | 319.28 Mn |
| Mar 31, 2026 | 34.10 Mn |
| Mar 31, 2026 | 34.10 Mn |
| Mar 31, 2026 | 34.10 Mn |
| Dec 31, 2025 | 317.32 Mn |
| Dec 31, 2025 | 317.32 Mn |
| Dec 31, 2025 | 317.32 Mn |
| Dec 31, 2025 | 317.32 Mn |
| Dec 31, 2025 | 317.32 Mn |
| Dec 31, 2025 | 317.32 Mn |
| Dec 31, 2025 | 317.32 Mn |
| Dec 31, 2025 | 317.32 Mn |
| Sep 30, 2025 | 315.17 Mn |
| Sep 30, 2025 | 315.17 Mn |
| Sep 30, 2025 | 315.17 Mn |
| Sep 30, 2025 | 315.17 Mn |