Non-Current Assets

Goodwill

Cloudflare, Inc. Goodwill increased by 25.1% to $226.56M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 25.1%, from $181.09M to $226.56M. Over 5 years (FY 2020 to FY 2025), Goodwill shows an upward trend with a 67.5% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026

How to read this metric

High goodwill indicates a history of aggressive M&A; significant write-downs signal that acquired assets are underperforming expectations.

Detailed definition

Goodwill represents the premium paid over the fair market value of net identifiable assets during an acquisition. It ref...

Peer comparison

Common in industries with high M&A activity; peers are compared based on the ratio of goodwill to total equity.

Metric ID: goodwill

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$17.17M$17.17M$23.53M$28.48M$149.12M$149.12M$148.05M$148.05M$148.05M$148.05M$148.05M$148.05M$156.16M$157.20M$181.09M$181.09M$181.09M$181.09M$226.56M
QoQ Change+0.0%+37.1%+21.0%+423.6%+0.0%-0.7%+0.0%+0.0%+0.0%+0.0%+0.0%+5.5%+0.7%+15.2%+0.0%+0.0%+0.0%+25.1%
YoY Change+768.7%+768.7%+529.2%+419.8%-0.7%-0.7%+0.0%+0.0%+5.5%+6.2%+22.3%+22.3%+16.0%+15.2%+25.1%
Range$17.17M$226.56M
CAGR+77.4%
Avg YoY Growth+173.2%
Median YoY Growth+16.0%
Current Streak12 quarters growth

Frequently Asked Questions

What is Cloudflare, Inc.'s goodwill?
Cloudflare, Inc. (NET) reported goodwill of $226.56M in Q4 2025.
How has Cloudflare, Inc.'s goodwill changed year-over-year?
Cloudflare, Inc.'s goodwill increased by 25.1% year-over-year, from $181.09M to $226.56M.
What is the long-term trend for Cloudflare, Inc.'s goodwill?
Over 5 years (2020 to 2025), Cloudflare, Inc.'s goodwill has grown at a 67.5% compound annual growth rate (CAGR), from $17.17M to $226.56M.
What does goodwill mean?
The premium paid for an acquisition above the value of its tangible and identifiable assets.