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Cloudflare (NET) Tax Rate (2018 - 2025)

Cloudflare's Tax Rate history spans 8 years, with the latest figure at 14.86% for Q4 2025.

  • For Q4 2025, Tax Rate rose 377.0% year-over-year to 14.86%; the TTM value through Dec 2025 reached 10.31%, up 87.0%, while the annual FY2025 figure was 10.31%, 87.0% up from the prior year.
  • Tax Rate for Q4 2025 was 14.86% at Cloudflare, down from 170.16% in the prior quarter.
  • Across five years, Tax Rate topped out at 170.16% in Q3 2025 and bottomed at 36.07% in Q4 2021.
  • The 5-year median for Tax Rate is 4.09% (2023), against an average of 2.28%.
  • The largest annual shift saw Tax Rate crashed -3549bps in 2021 before it surged 18973bps in 2025.
  • A 5-year view of Tax Rate shows it stood at 36.07% in 2021, then surged by 93bps to 2.39% in 2022, then plummeted by -233bps to 7.96% in 2023, then crashed by -134bps to 18.63% in 2024, then grew by 20bps to 14.86% in 2025.
  • Per Business Quant, the three most recent readings for NET's Tax Rate are 14.86% (Q4 2025), 170.16% (Q3 2025), and 6.68% (Q2 2025).