Operating CF
$679.42M
Capex
−$323.89M
Free Cash Flow
$355.53M
FCF Margin
+52.3%
Cash flow waterfall for Cloudflare (NET) — TTM through Q1 2026
Free cash flow: $355.53M
Note: Other Investing is large — driven mainly by purchases or sales of investments.
Cash flow breakdown for Cloudflare (NET) — TTM through Q1 2026
| Line item | Amount | Running total |
|---|---|---|
| Operating Cash Flow | $679.42M | $679.42M |
| Capital Expenditure | −$323.89M | $355.53M |
| Free Cash Flow | $355.53M | $355.53M |
| Acquisitions | −$50.88M | $304.64M |
| Other Investing | −$1.50B | −$1.19B |
| Net Debt Change | $1.93B | $739.80M |
| Other Financing & FX | −$5.46M | $734.35M |
| Net Cash Increase | $734.35M | $734.35M |
- Operating Cash Flow$679.42M
- Capital Expenditure−$323.89M
- Free Cash Flow$355.53M
- Acquisitions−$50.88M
- Other Investing−$1.50B
- Net Debt Change$1.93B
- Other Financing & FX−$5.46M
- Net Cash Increase$734.35M
Want to see what drove the FCF change?Free Cash Flow Bridge
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