Free Cash Flow for Cloudflare (NET)
Free Cash Flow for Cloudflare (NET): headline value $324.32M · YoY +66.0%. Annual and quarterly series, chart, and tables are below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

NET
Currently viewingFree Cash FlowSwitch metric
Latest period
$324.32M
YoY change
+66.0%
5Y CAGR
N/A
Peak year (2025)
$324.32M
Latest annual
$324.32M
Free Cash Flow history chart for Cloudflare (NET) from 2016 to 2025
Free Cash Flow history table for Cloudflare (NET) from 2016 to 2025
| Fiscal year | Period ended | Reported | Free Cash Flow | YoY |
|---|---|---|---|---|
| 2025 | $324.32M | +66.0% | ||
| 2024 | $195.39M | +63.6% | ||
| 2023 | $119.46M | -400.4% | ||
| 2022 | -$39.77M | -7.7% | ||
| 2021 | -$43.09M | -53.2% | ||
| 2020 | -$92.09M | -4.3% | ||
| 2019 | -$96.20M | +23.1% | ||
| 2018 | -$78.12M | +294.4% | ||
| 2017 | -$19.81M | -37.9% | ||
| 2016 | -$31.88M | — |
Free Cash Flow values are taken from Cloudflare's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
The 2025 reading of Cloudflare (NET) free cash flow is $324.32M – surged 66.0% year-over-year.
The highest annual free cash flow of $324.32M was reported in 2025. The lowest in the available history was -$96.20M in 2019.
Cloudflare (NET) sits 9th of 8 Technology peers we track on this metric, against a peer median of $49.26B.
Cloudflare Free Cash Flow by Year
Cloudflare Free Cash Flow 2025: $324.32M
Cloudflare free cash flow in 2025 was $324.32M, surged 66.0% from 2024. This figure represents the highest annual value in the available history.
Cloudflare Free Cash Flow 2024: $195.39M
Cloudflare free cash flow in 2024 was $195.39M, surged 63.6% from 2023.
Cloudflare Free Cash Flow 2023: $119.46M
Cloudflare free cash flow in 2023 was $119.46M, plunged 400.4% below 2022.
Cloudflare Free Cash Flow 2022: -$39.77M
Cloudflare free cash flow in 2022 was -$39.77M, declined 7.7% below 2021.
Cloudflare Free Cash Flow 2021: -$43.09M
Cloudflare free cash flow in 2021 was -$43.09M.
See more financial history for Cloudflare (NET).
Sector peers — Free Cash Flow
Companies in the same sector as Cloudflare, ranked by their latest free cash flow.
| Company | Free Cash Flow | Sector |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | $1.10T | Technology |
| Apple Inc. (AAPL) | $98.77B | Technology |
| NVIDIA Corporation (NVDA) | $96.68B | Technology |
| Microsoft Corporation (MSFT) | $71.61B | Technology |
| Broadcom Inc. (AVGO) | $26.91B | Technology |
| ASML Holding N.V. (ASML) | $10.65B | Technology |
| Advanced Micro Devices, Inc. (AMD) | $6.74B | Technology |
| Micron Technology, Inc. (MU) | $1.67B | Technology |
Frequently asked questions
What is Cloudflare's free cash flow?
Latest reported free cash flow for Cloudflare (NET) is $324.32M (period ending December 31, 2025).
How has Cloudflare free cash flow changed year-over-year?
Cloudflare (NET) free cash flow changed +66.0% year-over-year on the latest annual filing.
When did Cloudflare free cash flow hit its highest annual value?
Cloudflare free cash flow reached its highest annual value of $324.32M in 2025.
What was Cloudflare free cash flow in 2024?
Cloudflare (NET) free cash flow in 2024 was $195.39M.
What was Cloudflare free cash flow in 2025?
Cloudflare (NET) free cash flow in 2025 was $324.32M.
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