Cloudflare (NET) Tax Rate (2018 - 2026)

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

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

Cloudflare has reported Tax Rate for 9 years, with the latest figure at 7.01% in Q1 2026.

Quarterly Tax Rate fell 240.0% year-over-year to 7.01% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 12.11% (down 220.0% YoY) and the FY2025 annual result came in at 10.31%, up 87.0% from the prior year.
Tax Rate advanced to 7.01% in Q1 2026 per NET's latest filing, from 14.93% in the prior quarter.
Over five years, Tax Rate peaked at 169.73% in Q3 2025 and troughed at 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.
The sharpest annual moves came in 2024 and 2025: Tax Rate slumped 1387 bps in 2024, then surged 18923 bps in 2025.
Over 5 years, Tax Rate stood at 2.39% in 2022, then slumped by 238 bps to 8.09% in 2023, then plunged by 131 bps to 18.71% in 2024, then gained by 20 bps to 14.93% in 2025, then surged by 53 bps to 7.01% in 2026.
According to Business Quant data, Tax Rate over the past three periods registered 7.01%, 14.93%, and 169.73% for Q1 2026, Q4 2025, and Q3 2025 respectively.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Tax Rate (Qtr)
1	Microsoft	3,679.34 Bn	3,546.58 Bn	60.48 Bn	24.84%
2	Oracle	433.50 Bn	402.15 Bn	-	-10.34%
3	Palantir Technologies	418.20 Bn	408.90 Bn	1.64 Bn	1.42%
4	Palo Alto Networks	312.41 Bn	309.30 Bn	2.03 Bn	-13.46%
5	Fortinet	117.38 Bn	113.31 Bn	1.64 Bn	15.97%
6	Cloudflare	101.74 Bn	97.57 Bn	499.52 Mn	-1.22%
7	Synopsys	80.70 Bn	78.49 Bn	1.77 Bn	18.14%
8	CoreWeave	58.00 Bn	52.46 Bn	1.70 Bn	-10.99%
9	Block	49.79 Bn	43.33 Bn	3.17 Bn	71.11%
10	NetApp	40.59 Bn	37.00 Bn	1.37 Bn	-42.96%

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