Cloudflare (NET) Tax Rate (2018 - 2026)
Cloudflare (NET) reported Tax Rate of 7.01% for Q1 2026, down 238.0% year-over-year from 5.08% in Q1 2025, and up 52.82% sequentially from 14.86% in Q4 2025.
Cloudflare (NET) Tax Rate (2018 - 2026) Analysis & Trends
Cloudflare's Tax Rate history runs 9 years deep, the most recent figure standing at 7.01% for Q1 2026.
- Quarterly Tax Rate fell 238.0% year-over-year to 7.01% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 12.15% (down 229.0% YoY) and the FY2025 annual result came in at 10.31%, up 87.0% from the prior year.
- Tax Rate was 7.01% for Q1 2026 at Cloudflare, up from 14.86% 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 19.57% in Q3 2024.
- Median Tax Rate over the past 5 years was 5.63% (2023), compared with a mean of 3.43%.
- Across the five-year window, Tax Rate slumped 1394 bps in 2024 and soared 18930 bps in 2025, its largest moves.
- Over 5 years, Tax Rate stood at 2.34% in 2022, then tumbled by 241 bps to 7.96% in 2023, then tumbled by 135 bps to 18.71% in 2024, then advanced by 21 bps to 14.86% in 2025, then soared by 53 bps to 7.01% in 2026.
- Business Quant data shows NET's Tax Rate at 7.01% in Q1 2026, 14.86% in Q4 2025, and 169.73% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | ZenaTech | 82,806.72 Bn | 82,806.72 Bn | - | - |
| 2 | Microsoft | 11,085.79 Bn | 11,007.52 Bn | 56.06 Bn | 19.22 |
| 3 | Palantir Technologies | 1,073.49 Bn | 1,065.58 Bn | 1.42 Bn | 1.37 |
| 4 | Rezolve Ai | 1,009.18 Bn | 1,009.17 Bn | - | - |
| 5 | Palo Alto Networks | 824.56 Bn | 820.03 Bn | 1.91 Bn | 21.31 |
| 6 | CrowdStrike Holdings | 701.26 Bn | 698.20 Bn | 993.68 Mn | -6.22 |
| 7 | Oracle | 514.97 Bn | 476.40 Bn | 17.12 Bn | 19.84 |
| 8 | Fortinet | 456.74 Bn | 453.45 Bn | 1.49 Bn | 18.58 |
| 9 | Cloudflare | 331.63 Bn | 330.68 Bn | 455.60 Mn | -7.01 |
| 10 | Synopsys | 303.79 Bn | 303.67 Bn | 1.77 Bn | 18.14 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -7.01 |
| Mar 31, 2026 | -7.01 |
| Dec 31, 2025 | -14.86 |
| Dec 31, 2025 | -14.86 |
| Sep 30, 2025 | 169.73 |
| Sep 30, 2025 | 169.73 |
| Jun 30, 2025 | -6.77 |
| Jun 30, 2025 | -6.77 |
| Mar 31, 2025 | -4.62 |
| Mar 31, 2025 | -4.62 |
| Dec 31, 2024 | -18.71 |
| Dec 31, 2024 | -18.71 |
| Sep 30, 2024 | -19.57 |
| Sep 30, 2024 | -19.57 |
| Jun 30, 2024 | -7.90 |
| Jun 30, 2024 | -7.90 |
| Mar 31, 2024 | -6.82 |
| Mar 31, 2024 | -6.82 |
| Dec 31, 2023 | -7.96 |
| Dec 31, 2023 | -7.96 |