Cloudflare, Inc. (NET)

Cloudflare Balance Sheet

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

Assets

Fiscal Quarter	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021
Period Ending	Jun 30, 2026	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021
Cash & Equivalents	1,664	932.23	943.54	1,053	1,519	204.46	147.69	182.88	156.97	254.4	86.86	94.14	159.32	256.36	204.18	137.84	142.68	151.98	313.78	618.23
Short-Term Investments	2,499	3,232	3,158	2,991	2,441	1,710	1,708	1,641	1,600	1,462	1,587	1,480	1,425	1,459	1,446	1,498	1,499	1,573	1,508	1,196
Cash & Short-Term Investments	4,163	4,164	4,101	4,044	3,960	1,915	1,856	1,824	1,757	1,716	1,674	1,574	1,585	1,716	1,650	1,636	1,642	1,725	1,822	1,814
Cash Growth (YoY)	5.13%	117.45%	120.98%	121.70%	125.32%	11.58%	10.88%	15.85%	10.90%	0.04%	1.44%	-3.79%	-3.49%	-0.56%	-9.44%	-9.79%	58.86%	66.65%	76.52%	71.94%
Accounts Receivable	450.13	403.75	406.02	374.54	328.78	302.31	333.32	266.39	263.13	224.77	259.31	211.16	186.59	187.77	156.84	134.08	129.31	131.68	101.62	89.75
Other Receivables	-	-	-	-	-	-	-	-	-	-	-	37.5	-	-	-	-	-	-	-	-
Receivables	450.13	403.75	406.02	374.54	328.78	302.31	333.32	266.39	263.13	224.77	259.31	248.66	186.59	187.77	156.84	134.08	129.31	131.68	101.62	89.75
Prepaid Expenses	153.28	137.08	128.2	114.35	112.96	402.74	75.48	72.65	71.49	69.66	47.5	33.43	44.05	40.53	70.56	34.74	33.5	35.4	29.43	26.48
Restricted Cash	12.16	10.96	9.36	4.37	4.37	4.37	4.27	1	1	5.54	2.52	1.61	2.8	10.51	10.56	10.71	9.36	2.49	2.96	0.47
Total Current Assets	4,778	4,716	4,645	4,537	4,406	2,624	2,269	2,164	2,093	2,016	1,983	1,858	1,818	1,954	1,888	1,816	1,814	1,895	1,956	1,931
Property, Plant & Equipment	950.06	874.42	855.51	809.68	731.88	691.13	634.97	547.24	480.17	470.42	460.54	435.4	422.48	428.27	418.13	396.27	375.9	340.48	313.62	277.39
Goodwill	376.2	233.49	226.56	181.09	181.09	181.09	181.09	157.2	156.16	148.05	148.05	148.05	148.05	148.05	148.05	149.12	149.12	28.48	23.53	17.17
Other Intangible Assets	57.37	38.31	41.8	18.41	22.11	23.9	21.87	19.25	21.66	14.3	19.56	17.82	22.71	27.6	32.48	37.37	42.26	3.85	1.25	0.7
Long-Term Deferred Charges	240.52	225.48	219.5	194.04	183.92	174.54	172.22	152.38	144.33	137.53	133.24	115.15	107.48	98.43	93.15	87.28	80.71	76.27	70.32	61.61
Other Long-Term Assets	71.6	76.62	48.05	46.42	37.54	26.31	22.02	22.8	21.33	15.17	15.3	15.49	14.44	10.82	8.22	4.79	6.46	10.07	7.49	28.08
Total Assets	6,474	6,164	6,036	5,786	5,562	3,721	3,301	3,063	2,917	2,802	2,760	2,590	2,533	2,668	2,588	2,491	2,468	2,354	2,372	2,316

Liabilities

Fiscal Quarter	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021
Period Ending	Jun 30, 2026	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021
Accounts Payable	127.03	58.84	84.12	85.88	95.68	93.78	105.81	74.11	59.53	47.83	53.73	40.59	32.38	54.56	35.61	39.23	55.73	32.93	26.09	34.56
Accrued Expenses	317.32	229.86	220.06	182.72	158.4	166.07	162.46	134.68	124.73	130.71	127.4	108.01	102.07	116.35	110.34	100.14	92.97	84.74	108.64	76.53
Current Portion of Long-Term Debt	1,293	1,292	1,291	1,290	-	-	-	-	-	-	-	-	35.33	-	-	-	-	-	12.12	-
Current Portion of Leases	78.24	74.6	70.9	65.32	56.81	53.06	47.63	43.03	40.74	39.27	38.35	35.08	35.37	34.8	33.28	28.53	28.3	27.31	25.18	23.45
Current Unearned Revenue	812.19	755.1	684.21	598.98	546.7	508.09	477.77	389.8	370.97	356.24	347.61	294.1	267.98	238.8	218.65	171.4	155.81	131.65	116.55	92.42
Total Current Liabilities	2,628	2,411	2,351	2,223	857.59	821.01	793.65	641.62	595.97	574.06	567.08	477.78	473.12	444.51	397.87	339.29	332.81	276.62	288.57	226.96
Long-Term Debt	1,977	1,976	1,974	1,973	3,261	1,288	1,287	1,286	1,285	1,284	1,283	1,282	1,281	1,437	1,436	1,435	1,434	1,433	1,147	1,143
Long-Term Leases	180.85	182.11	182.03	173.43	144.8	134.52	128.27	121.37	112.51	113.02	113.49	101.67	106.99	108.8	107.62	104.02	105.35	114.62	109.04	81.11
Long-Term Unearned Revenue	40.25	39.87	41.09	45.9	35.81	27.56	22.1	21.99	23.58	17.65	17.24	17.35	18.86	13.47	11.73	8.69	6.84	5.58	4.68	4.56
Other Long-Term Liabilities	27.97	29.06	29.34	24.16	23.94	23.99	23.63	18.35	17.73	15.33	15.54	11.48	11.02	10.85	10.53	9.61	9.1	8.96	11.55	6.43
Total Liabilities	4,854	4,637	4,577	4,439	4,323	2,295	2,255	2,090	2,035	2,004	1,997	1,891	1,891	2,015	1,964	1,897	1,888	1,838	1,561	1,462

Shareholders' Equity

Fiscal Quarter	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021
Period Ending	Jun 30, 2026	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021
Common Stock	0.36	0.35	0.35	0.35	0.35	0.35	0.34	0.34	0.34	0.34	0.34	0.34	0.33	0.33	0.33	0.33	0.33	0.32	0.32	0.32
Additional Paid-In Capital	3,028	2,760	2,651	2,525	2,414	2,563	2,153	2,047	1,957	1,857	1,785	1,699	1,620	1,536	1,475	1,405	1,348	1,216	1,495	1,456
Retained Earnings	-1,398	-1,228	-1,205	-1,193	-1,192	-1,141	-1,103	-1,090	-1,074	-1,059	-1,024	-995.98	-972.44	-877.97	-839.89	-793.97	-751.43	-687.89	-680.83	-603.33
Comprehensive Income & Other	-10.23	-5.78	12.26	14.3	16.63	3.65	-4.25	15.95	-1.32	-0.9	1.98	-4.15	-6.31	-6.14	-11.9	-17.3	-16.08	-12.75	-2.65	-0.21
Total Common Equity	1,620	1,527	1,459	1,347	1,240	1,426	1,046	973.09	881.55	797.22	763.05	699.26	641.83	652.59	623.96	593.99	580.49	515.48	811.36	853.15
Shareholders' Equity	1,620	1,527	1,459	1,347	1,240	1,426	1,046	973.09	881.55	797.22	763.05	699.26	641.83	652.59	623.96	593.99	580.49	515.48	811.36	853.15
Total Liabilities & Equity	6,474	6,164	6,036	5,786	5,562	3,721	3,301	3,063	2,917	2,802	2,760	2,590	2,533	2,668	2,588	2,491	2,468	2,354	2,372	2,316

Additional Metrics

Fiscal Quarter	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021
Period Ending	Jun 30, 2026	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021
Total Debt	3,529	3,525	3,518	3,502	3,462	1,476	1,463	1,451	1,439	1,437	1,435	1,419	1,459	1,581	1,577	1,568	1,568	1,575	1,293	1,248
Net Cash (Debt)	633.45	639.34	582.92	541.76	497.61	438.98	392.71	373.11	318.81	279.56	238.54	155.18	125.55	134.64	72.85	68.69	74.34	150.61	528.64	566.01
Net Cash Growth (YoY)	27.30%	45.64%	48.44%	45.20%	56.08%	57.03%	64.63%	140.43%	153.93%	107.64%	227.46%	125.92%	68.90%	-10.61%	-86.22%	-87.86%	-87.30%	-74.87%	-12.45%	-10.65%
Net Cash Per Share	1.79	1.81	1.66	1.55	1.43	1.27	1.14	1.09	0.94	0.83	0.71	0.46	0.38	0.41	0.22	0.21	0.23	0.47	1.65	1.80
Filing Date Shares Outstanding	356.08	353.47	351.98	350.28	348.48	346.61	345.07	343.19	341.7	339.79	337.66	335.77	334.22	331.91	330.32	328.62	327.46	326.24	324.08	321.75
Total Common Shares Outstanding	355.93	353.37	351.89	350.2	348.42	346.53	344.86	343.05	341.54	339.73	337.53	335.67	333.64	331.77	330.09	328.34	327.4	325.54	323.61	321.61
Working Capital	2,150	2,305	2,294	2,314	3,548	1,803	1,475	1,522	1,497	1,442	1,416	1,380	1,345	1,510	1,490	1,477	1,481	1,618	1,667	1,704
Book Value Per Share	4.55	4.32	4.15	3.85	3.56	4.11	3.03	2.84	2.58	2.35	2.26	2.08	1.92	1.97	1.89	1.81	1.77	1.58	2.51	2.65
Tangible Book Value	1,186	1,255	1,191	1,148	1,037	1,221	843.25	796.64	703.72	634.88	595.44	533.39	471.08	476.94	443.43	407.5	389.11	483.15	786.58	835.28
Tangible Book Value Per Share	3.33	3.55	3.38	3.28	2.97	3.52	2.45	2.32	2.06	1.87	1.76	1.59	1.41	1.44	1.34	1.24	1.19	1.48	2.43	2.60
Machinery	872.45	810.89	768.99	720.13	664.62	595.17	526.74	459.11	428.5	403.47	371.34	364.73	345.7	315.95	276.95	265.86	233.7	212.53	181.84	174.56
Construction In Progress	102.72	61.78	58.37	69.86	63.77	69.96	68.97	71.27	33.73	35.03	45.56	39.6	23.25	49.01	72.83	65.61	66.51	36.56	41.42	43.66
Leasehold Improvements	52.72	51.97	50.91	50.5	49.66	49.57	49.05	47.89	44.47	43.24	42.98	42.84	42.82	34.69	20.39	20.03	19.46	16.79	12.89	12.15

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Aug 6, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 25, 2026

Data Sources Report a data error