Cloudflare, Inc. R&D increased by 6.4% to $150.97M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 31.2%, from $115.09M to $150.97M. Over 4 years (FY 2021 to FY 2025), R&D shows an upward trend with a 28.3% CAGR.
Analysis
StatementIncome Statement
SectionOperating Expenses
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ1 2017
Last reportedQ1 2026May 8, 2026
How to read this metric
Higher spending signals a commitment to innovation and future product launches, whereas significant cuts may indicate a shift toward short-term profitability.
Detailed definition
Research and development expenses represent the costs incurred to discover new products, improve existing technologies,...
Peer comparison
Highly comparable across pharmaceutical and medical device peers, where R&D intensity is a key metric for long-term valuation.
Metric ID:
research_and_developmentHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | 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 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $41.35M | $46.77M | $61.76M | $67.05M | $75.11M | $76.43M | $79.70M | $81.54M | $89.61M | $90.59M | $96.40M | $87.70M | $102.55M | $110.91M | $120.21M | $115.09M | $134.56M | $120.96M | $141.89M | $150.97M |
| QoQ Change | — | +13.1% | +32.1% | +8.6% | +12.0% | +1.8% | +4.3% | +2.3% | +9.9% | +1.1% | +6.4% | -9.0% | +16.9% | +8.2% | +8.4% | -4.3% | +16.9% | -10.1% | +17.3% | +6.4% |
| YoY Change | — | — | — | — | +81.7% | +63.4% | +29.0% | +21.6% | +19.3% | +18.5% | +21.0% | +7.6% | +14.4% | +22.4% | +24.7% | +31.2% | +31.2% | +9.1% | +18.0% | +31.2% |
Range$41.35M – $150.97M
CAGR+31.3%
Avg YoY Growth+27.8%
Median YoY Growth+22.0%
Current Streak2 quarters growth
R&D at Other Companies
Frequently Asked Questions
- What is Cloudflare, Inc.'s r&d?
- Cloudflare, Inc. (NET) reported r&d of $150.97M in Q1 2026.
- How has Cloudflare, Inc.'s r&d changed year-over-year?
- Cloudflare, Inc.'s r&d increased by 31.2% year-over-year, from $115.09M to $150.97M.
- What is the long-term trend for Cloudflare, Inc.'s r&d?
- Over 4 years (2021 to 2025), Cloudflare, Inc.'s r&d has grown at a 28.3% compound annual growth rate (CAGR), from $189.41M to $512.49M.
- What does r&d mean?
- The money spent on creating new products or improving existing ones to drive future growth.