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Cloudflare, Inc. NET Interest coverage

Interest coverage at other companies

Amazon logo
AmazonAMZN
33.7×+2.6×
Akamai Technologies logo
Akamai TechnologiesAKAM
16.3×-2.9×
Zscaler logo
ZscalerZS
-13.5×+3.6×
Fortinet logo
FortinetFTNT
114×+16.2×
Cisco Systems, Inc. logo
Cisco Systems, Inc.CSCO
9.7×+2.8×
DigitalOcean logo
DigitalOceanDOCN
5.9×-7.1×

Other financials

Income statement

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Revenue$639.8M+33.5%
Gross profit$455.6M+25.3%
Operating income-$62.0M-16.4%
Net income-$22.9M+40.4%
EPS (diluted)-$0.07+36.4%

Balance sheet

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Cash & equivalents$944.4M+347%
Total debt$256.7M+36.9%
Total equity$1.5B+7.1%
Total assets$6.2B+65.6%

Cash flow

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Operating cash flow$158.3M+8.6%
CapEx$65.2M-24.1%
Free cash flow$93.1M+55.4%

Valuation

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Market cap$79.53B+86.8%
Enterprise value$78.84B+85.1%
P/S34.2×+10.1×

Profitability

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Gross margin73.3%-3.6pp
Operating margin-9.3%+0.7pp
Net margin-3.7%-0.6pp

Returns & leverage

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Return on equity-5.9%-1.0pp
Debt / equity0.2×0.0×
Current ratio-1.2×

Where this comes from

Calculated from Cloudflare, Inc.’s reported figures.

Based on trailing twelve months.

The official record: Cloudflare, Inc.’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Cloudflare, Inc.'s interest coverage?
Cloudflare, Inc. (NET) reported interest coverage of -21.8× in Q1 2026.
How has Cloudflare, Inc.'s interest coverage changed year-over-year?
Cloudflare, Inc.'s interest coverage increased by 21.2% year-over-year, from -27.7× to -21.8×.
What is the long-term trend for Cloudflare, Inc.'s interest coverage?
Over 4 years (2021 to 2025), Cloudflare, Inc.'s interest coverage has grown at a 78.9% compound annual growth rate (CAGR), from -10.7× to -109.5×.
What does interest coverage mean?
How many times the company's operating profit covers its interest bill.
How do you interpret interest coverage?
Higher is safer; below ~2× is a warning that earnings provide little cushion against the debt burden. Debt-free companies have no interest expense and the ratio is left blank.
How does interest coverage compare across companies?
Comparable across leveraged non-financials; less relevant for net-cash companies with negligible interest.