Cloudflare Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	943.54	147.69	86.86	204.18	313.78
Short-Term Investments	3,158	1,708	1,587	1,446	1,508
Cash & Short-Term Investments	4,101	1,856	1,674	1,650	1,822
Cash Growth	120.98%	10.88%	1.44%	-9.44%	76.52%
Accounts Receivable	382.49	316.75	248.27	148.54	95.54
Other Receivables	23.53	16.57	11.04	8.29	6.08
Total Trade Receivables	406.02	333.32	259.31	156.84	101.62
Other Current Assets	137.57	79.76	50.02	81.11	32.39
Total Current Assets	4,645	2,269	1,983	1,888	1,956
Net Property, Plant & Equipment	856.34	635.8	461.37	418.96	314.05
Other Intangible Assets	41.8	21.87	19.56	32.48	1.25
Goodwill	226.56	181.09	148.05	148.05	23.53
Other Long-Term Assets	266.72	193.41	147.71	100.53	77.38
Total Assets	6,036	3,301	2,760	2,588	2,372
Accounts Payable	84.12	105.81	53.73	35.61	26.09
Accrued Expenses	220.06	162.46	127.4	110.34	103.99
Current Portion of Long-Term Debt	1,291	-	-	-	12.12
Current Portion of Leases	70.9	47.63	38.35	33.28	25.18
Unearned Revenue	684.21	477.77	347.61	218.65	116.55
Other Current Liabilities	-	-	-	-	4.65
Total Current Liabilities	2,351	793.65	567.08	397.87	288.57
Long-Term Debt	1,974	1,287	1,283	1,436	1,147
Long-Term Leases	182.03	128.27	113.49	107.62	109.04
Other Long-Term Liabilities	70.43	45.72	32.78	22.26	11.79
Total Long-Term Liabilities	2,227	1,461	1,430	1,566	1,268
Total Liabilities	4,577	2,255	1,997	1,964	1,556
Common Stock	0.35	0.34	0.34	0.33	0.32
Additional Paid-in Capital	2,651	2,153	1,785	1,475	1,495
Accumulated Other Comprehensive Income	-4.25	12.26	1.98	-11.9	-2.65
Retained Earnings	-1,205	-1,103	-1,024	-839.89	-680.83
Total Common Shareholders' Equity	1,459	1,046	763.05	623.96	811.36
Minority Interest	-	-	-	-	4.44
Shareholders' Equity	1,459	1,046	763.05	623.96	815.8
Total Liabilities & Equity	6,036	3,301	2,760	2,588	2,372
Total Debt	3,518	1,463	1,435	1,577	1,293
Net Cash (Debt)	582.92	392.71	238.54	72.85	528.64
Net Cash Growth	48.44%	64.63%	227.46%	-86.22%	-12.45%
Net Cash Per Share	1.67	1.15	0.71	0.22	1.69
Book Value	1,459	1,046	763.05	623.96	811.36
Book Value Per Share	4.19	3.06	2.29	1.91	2.60
Tangible Book Value	1,191	843.25	595.44	443.43	786.58
Tangible Book Value Per Share	3.42	2.47	1.78	1.36	2.52

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q