Cloudflare (NET) Total Debt (2018 - 2026)

Cloudflare (NET) posted Total Debt of $1.3 billion for Q1 2026, little changed sequentially from $1.3 billion in Q4 2025.

Analysis

Cloudflare (NET) Total Debt (2018 - 2026) Analysis & Trends

Cloudflare has reported Total Debt for 6 years, with the latest figure at $1.3 billion in Q1 2026.

Quarterly Total Debt changed N/A year-over-year to $1.3 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.3 billion (changed N/A YoY) and the FY2025 annual result came in at $1.3 billion, changed N/A from the prior year.
Total Debt was little changed at $1.3 billion in Q1 2026 per NET's latest filing, from $1.3 billion in the prior quarter.
Over five years, Total Debt peaked at $1.3 billion in Q1 2026 and troughed at $35.3 million in Q2 2023.
A 3-year average of $977.3 million and a median of $1.3 billion in 2025 frame the typical range for Total Debt.

Peer Set

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Total Debt (Qtr)
1	Microsoft	3,718.29 Bn	3,585.54 Bn	60.48 Bn	40.67 Bn
2	Oracle	452.14 Bn	420.24 Bn	-	129.54 Bn
3	Palantir Technologies	418.25 Bn	408.84 Bn	1.64 Bn	-
4	Palo Alto Networks	265.90 Bn	262.79 Bn	2.03 Bn	160.00 Mn
5	CrowdStrike Holdings	217.15 Bn	212.14 Bn	1.10 Bn	746.22 Mn
6	Fortinet	114.54 Bn	110.47 Bn	1.64 Bn	496.90 Mn
7	Cloudflare	98.54 Bn	94.37 Bn	499.52 Mn	1.29 Bn
8	Synopsys	75.44 Bn	71.83 Bn	1.80 Bn	11.06 Bn
9	Block	49.56 Bn	43.13 Bn	3.17 Bn	6.29 Bn
10	CoreWeave	49.23 Bn	43.69 Bn	1.70 Bn	3.66 Bn

Historic Data

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