Net Assets for Cloudflare (NET)
According to Cloudflare's latest reported financial statements, the company's latest reported net assets is $1.46B USD. Net assets — also called stockholders' equity — equal total assets minus total liabilities. They represent the residual claim of shareholders on the company's assets and roughly track book value over time.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

NET
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Latest period
$1.46B
YoY change
+39.5%
5Y CAGR
+12.3%
Peak year (2025)
$1.46B
Latest annual
$1.46B
Net Assets history chart for Cloudflare (NET) from 2017 to 2025
Net Assets history table for Cloudflare (NET) from 2017 to 2025
| Fiscal year | Period ended | Reported | Net Assets | YoY |
|---|---|---|---|---|
| 2025 | $1.46B | +39.5% | ||
| 2024 | $1.05B | +37.1% | ||
| 2023 | $763.05M | +22.3% | ||
| 2022 | $623.96M | -23.5% | ||
| 2021 | $815.80M | -0.1% | ||
| 2020 | $816.94M | +12.6% | ||
| 2019 | $725.83M | -739.5% | ||
| 2018 | -$113.50M | +89.7% | ||
| 2017 | -$59.83M | — |
Net Assets values are taken from Cloudflare's reported balance sheets (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) net assets is $1.46B – surged 39.5% year-over-year.
Over 2020–2025 (5 years), Cloudflare net assets expanded at a +12.3% compound annual rate, sustaining 3 straight years of year-over-year growth.
$1.46B stands as the all-time-high annual net assets, posted in 2025, against a low of -$113.50M during 2018.
Among 8 Technology peers, Cloudflare (NET) ranks 9th; the peer median for net assets is $77.51B.
Cloudflare Net Assets by Year
Cloudflare Net Assets 2025: $1.46B
Cloudflare net assets in 2025 was $1.46B, surged 39.5% from 2024. This figure represents the highest annual value in the available history.
Cloudflare Net Assets 2024: $1.05B
Cloudflare net assets in 2024 was $1.05B, surged 37.1% from 2023.
Cloudflare Net Assets 2023: $763.05M
Cloudflare net assets in 2023 was $763.05M, grew 22.3% from 2022.
Cloudflare Net Assets 2022: $623.96M
Cloudflare net assets in 2022 was $623.96M, declined 23.5% below 2021.
Cloudflare Net Assets 2021: $815.80M
Cloudflare net assets in 2021 was $815.80M.
See more financial history for Cloudflare (NET).
Sector peers — Net Assets
Companies in the same sector as Cloudflare, ranked by their latest net assets.
| Company | Net Assets | Sector |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | $5.40T | Technology |
| Microsoft Corporation (MSFT) | $343.48B | Technology |
| NVIDIA Corporation (NVDA) | $157.29B | Technology |
| Broadcom Inc. (AVGO) | $81.29B | Technology |
| Apple Inc. (AAPL) | $73.73B | Technology |
| Advanced Micro Devices, Inc. (AMD) | $63.00B | Technology |
| Micron Technology, Inc. (MU) | $54.16B | Technology |
| ASML Holding N.V. (ASML) | $19.60B | Technology |
Frequently asked questions
What is Cloudflare's net assets?
- Latest reported net assets for Cloudflare (NET) is $1.46B (period ending December 31, 2025).
How has Cloudflare net assets changed year-over-year?
- Cloudflare (NET) net assets changed +39.5% year-over-year on the latest annual filing.
What is the long-term growth rate of Cloudflare net assets?
- Cloudflare (NET) net assets compound annual growth rate is +12.3% over the most recent 5 years available.
When did Cloudflare net assets hit its highest annual value?
- Cloudflare net assets reached its highest annual value of $1.46B in 2025.
What was Cloudflare net assets in 2024?
- Cloudflare (NET) net assets in 2024 was $1.05B.
What was Cloudflare net assets in 2025?
- Cloudflare (NET) net assets in 2025 was $1.46B.
Metrics overview
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