Cloudflare (NET) Tax Rate (2018 - 2026)

Cloudflare (NET) reported Tax Rate of 7.01% for Q1 2026, down 240.0% on a YoY basis from 5.01% in Q1 2025, and up 53.06% sequentially from 14.93% in Q4 2025.

Cloudflare (NET) Tax Rate (2018 - 2026) Analysis & Trends

Cloudflare (NET) has 9 years of Tax Rate data on file, last reported at 7.01% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate fell 240.0% year-over-year to 7.01%; the trailing twelve-month figure through Mar 2026 stood at 12.11% (down 220.0% YoY), and the FY2025 full-year result was 10.31%, up 87.0% from the prior year.
  • Tax Rate advanced to 7.01% in Q1 2026, from 14.93% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 169.73% in Q3 2025 to a low of 19.5% in Q3 2024.
  • A 5-year average of 3.41% and a median of 5.63% in 2023 frame the typical range for Tax Rate.
  • Across the five-year window, Tax Rate plunged 1387 bps in 2024 and soared 18923 bps in 2025, its largest moves.
  • Tracing NET's Tax Rate over 5 years: stood at 2.39% in 2022, then tumbled by 238 bps to 8.09% in 2023, then sank by 131 bps to 18.71% in 2024, then grew by 20 bps to 14.93% in 2025, then surged by 53 bps to 7.01% in 2026.
  • Business Quant data shows NET's Tax Rate at 7.01% in Q1 2026, 14.93% in Q4 2025, and 169.73% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Microsoft 2,842.90 Bn 2,718.46 Bn 56.06 Bn 19.22
2 PagSeguro Digital 2,572.26 Bn 2,572.26 Bn 358.92 Mn -12.08
3 Oracle 329.59 Bn 297.69 Bn - -10.34
4 Repay Holdings 314.63 Bn 314.48 Bn - -
5 Palantir Technologies 294.47 Bn 286.44 Bn 1.42 Bn 1.37
6 Palo Alto Networks 227.51 Bn 222.98 Bn 1.91 Bn 21.31
7 CrowdStrike Holdings 183.28 Bn 180.18 Bn 993.68 Mn -6.22
8 Fortinet 112.44 Bn 109.14 Bn 1.49 Bn 18.58
9 Cloudflare 92.78 Bn 91.83 Bn 455.60 Mn -7.01
10 Synopsys 70.83 Bn 68.63 Bn 1.77 Bn 18.14

Historic Data

Download Data
DateValue
Mar 31, 2026 -7.01
Mar 31, 2026 -7.01
Mar 31, 2026 -7.01
Dec 31, 2025 -14.93
Dec 31, 2025 -14.93
Dec 31, 2025 -14.93
Sep 30, 2025 169.73
Sep 30, 2025 169.73
Sep 30, 2025 169.73
Jun 30, 2025 -6.68
Jun 30, 2025 -6.68
Jun 30, 2025 -6.68
Mar 31, 2025 -4.61
Mar 31, 2025 -4.61
Mar 31, 2025 -4.61
Dec 31, 2024 -18.71
Dec 31, 2024 -18.71
Dec 31, 2024 -18.71
Sep 30, 2024 -19.50
Sep 30, 2024 -19.50