Cloudflare, Inc. Operating Lease Liability Payments - 2024 (Lessee) increased by 13.5% to $61.39M in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 54.7%, from $39.69M to $61.39M. This increase may warrant attention — for this metric, lower values are generally preferred.
High lease payments relative to operating cash flow indicate a high fixed-cost burden, which can pressure margins during economic downturns.
The total cash payments due for operating leases during the 2024 fiscal year. This represents a fixed operating expense...
Standard lease maturity disclosure required for all companies with material operating leases.
lease_liability_payments_2024_lessee| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $10.64M | $19.00M | $27.52M | $28.71M | $30.64M | $26.81M | $28.73M | $29.69M | $32.52M | $34.71M | $39.69M | $47.97M | $54.09M | $61.39M |
| QoQ Change | — | +78.5% | +44.8% | +4.3% | +6.7% | -12.5% | +7.2% | +3.3% | +9.5% | +6.7% | +14.3% | +20.9% | +12.8% | +13.5% |
| YoY Change | — | — | — | +169.8% | +61.2% | -2.6% | +0.1% | -3.1% | +21.3% | +20.8% | +33.7% | +47.5% | +55.8% | +54.7% |