Non-Current Assets

Property, plant and equipment at cost

Cloudflare, Inc. Property, plant and equipment at cost increased by 8.3% to $975.63M in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 41.2%, from $690.98M to $975.63M. Over 4 years (FY 2020 to FY 2024), Property, plant and equipment at cost shows an upward trend with a 38.0% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ4 2025
Last reportedQ1 2026

How to read this metric

A steady increase reflects ongoing capital investment and the expansion of the utility's asset base.

Detailed definition

This is the total historical cost of all tangible property, plant, and equipment owned by the utility before accounting...

Peer comparison

A primary metric for comparing the scale and capital intensity of regulated utilities.

Metric ID: non_current_assets_property_plant_and_equipment_gross

Historical Data

18 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25
Value$265.80M$299.61M$303.95M$340.65M$401.78M$440.23M$465.50M$502.19M$521.78M$565.15M$541.29M$571.58M$605.98M$690.98M$747.74M$828.15M$900.62M$975.63M
QoQ Change+12.7%+1.4%+12.1%+17.9%+9.6%+5.7%+7.9%+3.9%+8.3%-4.2%+5.6%+6.0%+14.0%+8.2%+10.8%+8.8%+8.3%
YoY Change+51.2%+46.9%+53.2%+47.4%+29.9%+28.4%+16.3%+13.8%+16.1%+22.3%+38.1%+44.9%+48.6%+41.2%
Range$265.80M$975.63M
CAGR+35.8%
Avg YoY Growth+35.6%
Median YoY Growth+39.7%
Current Streak7 quarters growth

Frequently Asked Questions

What is Cloudflare, Inc.'s property, plant and equipment at cost?
Cloudflare, Inc. (NET) reported property, plant and equipment at cost of $975.63M in Q3 2025.
How has Cloudflare, Inc.'s property, plant and equipment at cost changed year-over-year?
Cloudflare, Inc.'s property, plant and equipment at cost increased by 41.2% year-over-year, from $690.98M to $975.63M.
What is the long-term trend for Cloudflare, Inc.'s property, plant and equipment at cost?
Over 4 years (2020 to 2024), Cloudflare, Inc.'s property, plant and equipment at cost has grown at a 38.0% compound annual growth rate (CAGR), from $206.30M to $747.74M.
What does property, plant and equipment at cost mean?
The total original cost of all physical utility assets before subtracting depreciation.