Business Segments · Research And Development Expense, Adjusted
Business Segments — Research And Development Expense, Adjusted
Cloudflare, Inc. Business Segments — Research And Development Expense, Adjusted increased by 15.1% to $94.94M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 26.9%, from $74.82M to $94.94M. Over 3 years (FY 2022 to FY 2025), Business Segments — Research And Development Expense, Adjusted shows an upward trend with a 22.8% CAGR.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ1 2022
Last reportedQ4 2025
How to read this metric
Higher spending indicates a focus on innovation, while lower spending may suggest a shift toward profitability or a mature product lifecycle.
Detailed definition
This metric tracks the adjusted costs associated with developing new features, improving existing products, and maintain...
Peer comparison
Similar to R&D investment levels in software and infrastructure-as-a-service companies.
Metric ID:
net_segment_reportable_segment_research_and_development_expense_adjustedHistorical Data
16 periods
| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $45.59M | $45.59M | $45.59M | $45.59M | $54.52M | $54.52M | $54.52M | $54.52M | $58.72M | $65.44M | $70.45M | $74.82M | $76.82M | $83.60M | $82.51M | $94.94M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +19.6% | +0.0% | +0.0% | +0.0% | +7.7% | +11.4% | +7.7% | +6.2% | +2.7% | +8.8% | -1.3% | +15.1% |
| YoY Change | — | — | — | — | +19.6% | +19.6% | +19.6% | +19.6% | +7.7% | +20.0% | +29.2% | +37.2% | +30.8% | +27.8% | +17.1% | +26.9% |
Range$45.59M – $94.94M
CAGR+21.6%
Avg YoY Growth+22.9%
Median YoY Growth+19.8%
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Frequently Asked Questions
- What is Cloudflare, Inc.'s business segments — research and development expense, adjusted?
- Cloudflare, Inc. (NET) reported business segments — research and development expense, adjusted of $94.94M in Q4 2025.
- How has Cloudflare, Inc.'s business segments — research and development expense, adjusted changed year-over-year?
- Cloudflare, Inc.'s business segments — research and development expense, adjusted increased by 26.9% year-over-year, from $74.82M to $94.94M.
- What is the long-term trend for Cloudflare, Inc.'s business segments — research and development expense, adjusted?
- Over 3 years (2022 to 2025), Cloudflare, Inc.'s business segments — research and development expense, adjusted has grown at a 22.8% compound annual growth rate (CAGR), from $182.34M to $337.87M.
- What does business segments — research and development expense, adjusted mean?
- The adjusted costs of developing and improving the segment's products and services.