Cloudflare (NET) Shares Outstanding (2018 - 2026)
Cloudflare's (NET) quarterly Shares Outstanding (Entity) came in at $322.2 million in Q2 2026, up 3.04% year-over-year from $312.7 million in Q2 2025, and up 0.91% quarter-over-quarter from $319.3 million in Q1 2026.
Analysis
Cloudflare (NET) Shares Outstanding (2018 - 2026) Analysis & Trends
Cloudflare has disclosed Shares Outstanding (Entity) across 9 years of filings, most recently posting $322.2 million for Q2 2026.
- In Q2 2026, Shares Outstanding (Entity) rose 3.04% year-over-year to $322.2 million; the TTM figure through Jun 2026 stood at $322.2 million (up 3.04% YoY), while the FY2025 annual figure was $317.3 million, up 3.06% from the prior year.
- Shares Outstanding (Entity) came in at $322.2 million for Q2 2026 at Cloudflare, up from $319.3 million in the prior quarter.
- In the past five years, Shares Outstanding (Entity) ranged from a high of $322.2 million in Q2 2026 to a low of $280.4 million in Q1 2022.
- Average Shares Outstanding (Entity) over 5 years is $301.3 million, with a median of $302.2 million recorded in 2024.
- The largest YoY upside for Shares Outstanding (Entity) was 7.48% in 2022 against a maximum downside of 9.79% in 2022.
- Over 5 years, Shares Outstanding (Entity) stood at $286.6 million in 2022, then rose by 4.02% to $298.1 million in 2023, then grew by 3.29% to $307.9 million in 2024, then advanced by 3.06% to $317.3 million in 2025, then gained by 1.53% to $322.2 million in 2026.
- Per Business Quant data, the three most recent Shares Outstanding (Entity) figures were $322.2 million in Q2 2026, $319.3 million in Q1 2026, and $317.3 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Cloudflare | 100.88 Bn | 96.71 Bn | 499.52 Mn | 354.33 Mn |
| 2 | Akamai Technologies | 15.30 Bn | 11.94 Bn | 613.75 Mn | 144.66 Mn |
| 3 | Fastly | 3.36 Bn | 3.03 Bn | 115.95 Mn | 157.60 Mn |
| 4 | Xunlei | 385.41 Mn | 108.55 Mn | 57.31 Mn | 77.86 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 354.33 Mn |
| Mar 31, 2026 | 352.63 Mn |
| Dec 31, 2025 | 348.42 Mn |
| Sep 30, 2025 | 349.31 Mn |
| Jun 30, 2025 | 347.49 Mn |
| Mar 31, 2025 | 345.72 Mn |
| Dec 31, 2024 | 341.41 Mn |
| Sep 30, 2024 | 342.36 Mn |
| Jun 30, 2024 | 340.65 Mn |
| Mar 31, 2024 | 338.58 Mn |
| Dec 31, 2023 | 333.66 Mn |
| Sep 30, 2023 | 334.67 Mn |
| Jun 30, 2023 | 332.30 Mn |
| Mar 31, 2023 | 330.39 Mn |
| Dec 31, 2022 | 326.33 Mn |
| Sep 30, 2022 | 326.59 Mn |
| Jun 30, 2022 | 325.20 Mn |
| Mar 31, 2022 | 323.33 Mn |
| Dec 31, 2021 | 312.32 Mn |
| Sep 30, 2021 | 314.54 Mn |