Cloudflare's Shares Outstanding (Diluted Average) rose 203.18% to $349.3 million in Q3 2025 from the same period last year, while for Sep 2025 it was $349.3 million, marking a year-over-year increase of 203.18%. This contributed to the annual value of $341.4 million for FY2024, which is 232.43% up from last year.
Per Cloudflare's latest filing, its Shares Outstanding (Diluted Average) stood at $349.3 million for Q3 2025, which was up 203.18% from $347.5 million recorded in Q2 2025.
Over the past 5 years, Cloudflare's Shares Outstanding (Diluted Average) peaked at $349.3 million during Q3 2025, and registered a low of $305.9 million during Q1 2021.
In the last 5 years, Cloudflare's Shares Outstanding (Diluted Average) had a median value of $332.3 million in 2023 and averaged $330.5 million.
Its Shares Outstanding (Diluted Average) has fluctuated over the past 5 years, first soared by 568.3% in 2022, then skyrocketed by 200.82% in 2025.
Cloudflare's Shares Outstanding (Diluted Average) (Quarter) stood at $312.3 million in 2021, then increased by 4.49% to $326.3 million in 2022, then grew by 2.24% to $333.7 million in 2023, then increased by 2.32% to $341.4 million in 2024, then rose by 2.31% to $349.3 million in 2025.
Its Shares Outstanding (Diluted Average) stands at $349.3 million for Q3 2025, versus $347.5 million for Q2 2025 and $345.7 million for Q1 2025.

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