Cloudflare Cash Flow Statement
NYSE: NETTechnologyComputer Software: Prepackaged SoftwareUSD
At close: Oct 9, 4:03 PM ET · Delayed 15 min
Cloudflare free cash flow
In fiscal 2025, Cloudflare generated $603.1 million of operating cash flow and spent $315.6 million on capital expenditures. That left free cash flow of $287.5 million, a free-cash-flow margin of 13.3% of revenue. Free cash flow was up 47.1% from the prior year's $195.4 million.
Summary generated from market data by MetaCap's automated system. Methodology
Cloudflare cash flow statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 |
|---|---|---|---|---|---|---|---|---|---|
| Net Income | -102.27M | -78.80M | -183.95M | -193.38M | -260.31M | -119.37M | -105.83M | -87.16M | -10.75M |
| Net Income growth (YoY) | — | — | — | — | — | — | — | — | — |
| Depreciation & Amortization | 189.74M | 127.72M | 135.82M | 102.33M | 66.61M | 49.39M | 29.48M | 18.91M | 12.17M |
| Stock-Based Compensation | 451.45M | 338.46M | 273.99M | 202.78M | 90.14M | 56.33M | 36.63M | 27.35M | 2.75M |
| Change in Working Capital | 72.09M | 36.88M | 10.77M | 28.70M | 28.61M | -17.75M | -5.54M | -11.41M | 3.41M |
| Operating Cash Flow | 603.11M | 380.43M | 254.41M | 123.59M | 64.65M | -17.13M | -38.92M | -43.28M | 3.17M |
| Capital Expenditures | -315.62M | -185.04M | -114.40M | -143.61M | -92.99M | -56.38M | -43.29M | -25.47M | -19.03M |
| Investing Cash Flow | -1.81B | -330.22M | -186.20M | -235.70M | -709.32M | -515.27M | -417.64M | -120.80M | 9.54M |
| Share Repurchases | 0 | 0 | -34.00K | -3.00K | -189.00K | -157.00K | -283.00K | -65.00K | -16.00K |
| Financing Cash Flow | 2.00B | 12.79M | -192.19M | 6.35M | 847.49M | 504.91M | 570.77M | 168.62M | -149.00K |
| Net Change in Cash | 800.14M | 62.99M | -123.98M | -105.75M | 202.81M | -27.49M | 114.21M | 4.54M | 12.56M |
| Free Cash Flow | 287.50M | 195.39M | 140.01M | -20.01M | -28.34M | -73.50M | -82.21M | -68.75M | -15.86M |
This table shows 9 annual periods of Cloudflare's cash flow statement, from FY 2025 back to FY 2017, across 11 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow NET's reporting calendar. What is a cash flow statement?