Cloudflare (NET) Shares Outstanding (Weighted Average) (2018 - 2026)
Cloudflare's (NET) quarterly Shares Outstanding (Weighted Average) came in at $352.6 million in Q1 2026, up 2.0% year-on-year from $345.7 million in Q1 2025, and up 1.21% quarter-over-quarter from $348.4 million in Q4 2025.
Cloudflare (NET) Shares Outstanding (Weighted Average) (2018 - 2026) Analysis & Trends
Cloudflare has disclosed Shares Outstanding (Weighted Average) across 9 years of filings, most recently posting $352.6 million for Q1 2026.
- Shares Outstanding (Weighted Average) for Q1 2026 came in at $352.6 million, up 2.0% year-over-year; the trailing twelve-month figure through Mar 2026 was $352.6 million (up 2.0% YoY), and the FY2025 annual result was $348.4 million, up 2.05% from the prior year.
- Shares Outstanding (Weighted Average) came in at $352.6 million for Q1 2026 at Cloudflare, up from $348.4 million in the prior quarter.
- In the past five years, Shares Outstanding (Weighted Average) ranged from a high of $352.6 million in Q1 2026 to a low of $323.3 million in Q1 2022.
- The 5-year median for Shares Outstanding (Weighted Average) is $338.6 million (2024), against an average of $337.3 million.
- Across the five-year window, Shares Outstanding (Weighted Average) increased 5.68% in 2022 and increased 1.75% in 2025, its largest moves.
- Cloudflare's Shares Outstanding (Weighted Average) stood at $326.3 million in 2022, then rose by 2.24% to $333.7 million in 2023, then advanced by 2.32% to $341.4 million in 2024, then grew by 2.05% to $348.4 million in 2025, then gained by 1.21% to $352.6 million in 2026.
- The last three Shares Outstanding (Weighted Average) figures came in at $352.6 million (Q1 2026), $348.4 million (Q4 2025), and $349.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares (Weighted Avg.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 7.43 Bn |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn | 115.64 Bn |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn | 2.87 Bn |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | 2.39 Bn |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | 695.00 Mn |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | 250.58 Mn |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | 738.80 Mn |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | 189.59 Mn |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | 352.63 Mn |
| 10 | CoreWeave | 51.85 Bn | 49.58 Bn | 2.01 Bn | 527.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 352.63 Mn |
| Dec 31, 2025 | 348.42 Mn |
| Sep 30, 2025 | 349.31 Mn |
| Jun 30, 2025 | 346.61 Mn |
| Mar 31, 2025 | 345.72 Mn |
| Dec 31, 2024 | 341.41 Mn |
| Sep 30, 2024 | 340.54 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 | 331.45 Mn |
| Mar 31, 2023 | 330.39 Mn |
| Dec 31, 2022 | 326.33 Mn |
| Sep 30, 2022 | 326.59 Mn |
| Jun 30, 2022 | 324.57 Mn |
| Mar 31, 2022 | 323.33 Mn |
| Dec 31, 2021 | 312.32 Mn |
| Sep 30, 2021 | 314.54 Mn |
| Jun 30, 2021 | 308.26 Mn |