Latest period
353M
YoY change
+2.1%
5Y CAGR
+3.1%
Peak year (FY2025)
348M
Latest annual
348M
Shares Outstanding history chart for Cloudflare (NET) from 2016 to 2025
Latest: 348M
Shares Outstanding growth chart for Cloudflare (NET) from 2016 to 2025
Latest: +2.1%
Shares Outstanding history table for Cloudflare (NET) from 2016 to 2025
| FY2025 | 348M | +2.1% | +7.01M | ||
| FY2024 | 341M | +2.3% | +7.76M | ||
| FY2023 | 334M | +2.2% | +7.32M | ||
| FY2022 | 326M | +4.5% | +14M | ||
| FY2021 | 312M | +4.2% | +12.5M | ||
| FY2020 | 300M | -0.1% | -399K | ||
| FY2019 | 300M | +26.5% | +62.9M | ||
| FY2018 | 237M | -5.5% | -13.8M | ||
| FY2017 | 251M | +5.8% | +13.8M | ||
| FY2016 | 237M | — | — |
- FY2025348M+2.1%
- FY2024341M+2.3%
- FY2023334M+2.2%
- FY2022326M+4.5%
- FY2021312M+4.2%
- FY2020300M-0.1%
- FY2019300M+26.5%
- FY2018237M-5.5%
- FY2017251M+5.8%
- FY2016237M—
Shares Outstanding values are taken from Cloudflare's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Shares Outstanding at Cloudflare (NET)
According to Cloudflare's latest reported financial statements, the company's latest reported diluted shares outstanding is 353M. Diluted weighted-average shares outstanding is the share count used to compute per-share metrics like EPS. Buybacks lower it; new issuance, stock-based compensation, and convertible securities raise it. Multiply by the stock price for market capitalization.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
As of the 2025 fiscal year, Cloudflare (NET) reported diluted shares outstanding of 348M – edged up 2.1% year-over-year.
Through 2020–2025 (5 years), Cloudflare diluted shares outstanding delivered a +3.1% annualised rate; sustaining 5 straight years of year-over-year growth.
The highest annual diluted shares outstanding of 348M was reported in 2025. The lowest in the available history was 237M in 2016.
Cloudflare Shares Outstanding by Year
Cloudflare Shares Outstanding 2025: 348M
2025's diluted shares outstanding for Cloudflare came in at 348M, edged up 2.1% from 2024. This figure represents the highest annual value in the available history.
Cloudflare Shares Outstanding 2024: 341M
Cloudflare posted diluted shares outstanding of 341M in 2024, edged up 2.3% from 2023.
Cloudflare Shares Outstanding 2023: 334M
In 2023, Cloudflare reported diluted shares outstanding of 334M, edged up 2.2% from 2022.
Cloudflare Shares Outstanding 2022: 326M
Cloudflare diluted shares outstanding in 2022 was 326M, edged up 4.5% from 2021.
Cloudflare Shares Outstanding 2021: 312M
Cloudflare diluted shares outstanding in 2021 was 312M.
See more financial history for Cloudflare (NET).
Sector peers by Shares Outstanding
Technology peers of Cloudflare (NET), ranked by their latest diluted shares outstanding
| 24.5B | |
| 15B | |
| 7.45B | |
| 7.06B | |
| 5.19B | |
| 4.85B | |
| 1.64B | |
| 1.13B |
- 24.5B
- 15B
- 7.45B
- 7.06B
- 5.19B
- 4.85B
- 1.64B
Frequently asked questions
Cloudflare (NET) Key Financials
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How this company returns cash to shareholders — buybacks, dividends, and stock splits.