Market Cap for Cloudflare (NET)
According to Cloudflare's latest reported financial statements, the company's latest reported market cap is $69.22B USD. Market capitalization is the total dollar value of all outstanding shares — shares outstanding × stock price — and the standard measure of a company's equity value. On this page, historical market cap snaps filing-period share counts to closing prices on or before each statement date (not intraday tick data).
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
NET
Currently viewingMarket CapSwitch metric
Latest period
$69.22B
YoY change
+7.5%
5Y CAGR
+12.5%
Peak year (2026)
$73.85B
Latest annual
$73.85B
Market Cap history chart for Cloudflare (NET) from 2019 to 2026
Market Cap history table for Cloudflare (NET) from 2019 to 2026
| Fiscal year | Period ended | Reported | Market Cap | YoY |
|---|---|---|---|---|
| 2026 | $73.85B | +7.5% | ||
| 2025 | $68.69B | +86.8% | ||
| 2024 | $36.76B | +32.3% | ||
| 2023 | $27.78B | +88.3% | ||
| 2022 | $14.75B | -64.1% | ||
| 2021 | $41.07B | +80.3% | ||
| 2020 | $22.78B | +344.8% | ||
| 2019 | $5.12B | — |
Market Cap values are taken from Cloudflare's reported income 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
Cloudflare (NET) most recent annual market cap stands at $73.85B (2026) – grew 7.5% year-over-year.
Through 2021–2026 (5 years), Cloudflare market cap delivered a +12.5% annualised rate; sustaining 4 straight years of year-over-year growth.
$73.85B stands as the all-time-high annual market cap, posted in 2026, against a low of $5.12B during 2019.
Within Technology, Cloudflare (NET) ranks 9th among 8 peers we track. The peer median for market cap is $1.96T.
Cloudflare Market Cap by Year
Cloudflare Market Cap 2026: $73.85B
Cloudflare market cap in 2026 was $73.85B, grew 7.5% from 2025. This figure represents the highest annual value in the available history.
Cloudflare Market Cap 2025: $68.69B
Cloudflare market cap in 2025 was $68.69B, surged 86.8% from 2024.
Cloudflare Market Cap 2024: $36.76B
Cloudflare market cap in 2024 was $36.76B, surged 32.3% from 2023.
Cloudflare Market Cap 2023: $27.78B
Cloudflare market cap in 2023 was $27.78B, surged 88.3% from 2022.
Cloudflare Market Cap 2022: $14.75B
Cloudflare market cap in 2022 was $14.75B.
See more financial history for Cloudflare (NET).
Sector peers — Market Cap
Companies in the same sector as Cloudflare, ranked by their latest market cap.
| Company | Market Cap | Sector |
|---|---|---|
| NVIDIA Corporation (NVDA) | $5.18T | Technology |
| Apple Inc. (AAPL) | $3.98T | Technology |
| Microsoft Corporation (MSFT) | $3.15T | Technology |
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | $2.03T | Technology |
| Broadcom Inc. (AVGO) | $1.89T | Technology |
| Micron Technology, Inc. (MU) | $568.70B | Technology |
| ASML Holding N.V. (ASML) | $533.63B | Technology |
| Advanced Micro Devices, Inc. (AMD) | $522.87B | Technology |
Frequently asked questions
What is Cloudflare's market cap?
- Latest reported market cap for Cloudflare (NET) is $69.22B (period ending December 31, 2025).
How has Cloudflare market cap changed year-over-year?
- Cloudflare (NET) market cap changed +7.5% year-over-year on the latest annual filing.
What is the long-term growth rate of Cloudflare market cap?
- Cloudflare (NET) market cap compound annual growth rate is +12.5% over the most recent 5 years available.
When did Cloudflare market cap hit its highest annual value?
- Cloudflare market cap reached its highest annual value of $73.85B in 2026.
What was Cloudflare market cap in 2025?
- Cloudflare (NET) market cap in 2025 was $68.69B.
What was Cloudflare market cap in 2026?
- Cloudflare (NET) market cap in 2026 was $73.85B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
Explore more
NET Overview
Company profile, financial tools, and key metrics
NET Revenue Counter
Earns $68.74 every second. See per minute, hour, and day.
NET Earnings Counter
Loses −$3.24 per second. See per minute, hour, and day.
NET Economic Scale
Exceeds Seychelles's GDP. Compare with world economies.
NET What If Invested
What if you had invested $1,000? See historical returns from any date.
NET How It Makes Money
Discover visual breakdown of $2.17B in revenue — where it comes from and where it goes.
NET Stock Seasonality
Best and worst months to invest. Historical monthly returns heatmap.
NET Price Target Scenarios
Model bear, base, and bull cases with EPS growth and exit P/E — pre-filled from analysts and history.
NET Daily Price Character
Explosive · 52.4% historical win rate (green days). Streaks & record days.
NET Buybacks
Recent repurchase activity. Shareholder yield & SBC comparison.